2008 TD industry report

Having just read the 2008 industry report from the training mag. A number of L&D reports interested me especially in this economic downturn. Looking at these one could wonder whether or not all L&D professionals will be worried about tomorrow or will we just be putting away technology until things get better here are a few facts I found interesting.

Training expenditure per learner 2007 -2008 all companies surveyed
2007 = $1,202
2008 = $1,075

Training staff per 100 learners 2007 - 2008
2007 = 6.7
2008 = 7.0

Training hours per learner 2007 -2008
2007 = 25
2008 = 17.5

Training delivery methods 2007 -2008
This is were it get interesting
Virtual cclass room
2007 = 10%
2008 = 8%

Instrcutor lead
2007 = 65%
2008 = 67%

Online self help
2007 = 20%
2008 = 16%

Other methods
2007 = 5%
2008 = 9%

Elearning delivery is down by 2%

Learning Technology use 2007 - 2008
LMS up 1%
LCMS up 3%
Virtual class room down 11%
Application simulation down 16%
Rapid e learning up 7%

Use of on demand collaborative learning tools 2007 - 2008
Blogs up by 2%
Wikis same
Communities of practice up by 11%
Mobile learning up by 5%
Podcasts down by 1%

Use of structured collaboration in all companies sits at 75 - 80 %

Outsourcing 2007 - 2008
This really interested me
Instruction up 7%
Custom content development down 4%
LMS hosting up 7%
Learner support up 6%
LMS admin up 8%

Outsourcing in large companies
Instruction up a staggering 27%
Custom content development up 12%
LMS hosting up 8%
Learner support down 1%
LMS admin up 15%

So what you might say well when I look at those figures I don't see a recession for me I see opportunities within the Training and Development industry if you are willing to put your skills forward. I think as an industry L&D professionals have a lot to offer the corporate world especially larger companies who can see the benefit of a well structured, outsourced training programme.

The future is good.