Employers in the UK are increasing their current spend on leadership and management skills training to help them respond to the changing business environment.
The Towards Maturity Benchmark Study, the UK’s largest learning technology benchmark study has revealed how organisations are increasing their investment in learning technologies to help them respond faster to changing business conditions and build talent.
The report found that 77 per cent of companies believe learning technologies will help them respond to business conditions, an 11 per cent increase on 2010's figures.
It also found that learning technologies are now helping organisations reduce proven competency time by 35 per cent.
Training was also used to rollout new IT systems faster and improve product and processes changes by a third.
Laura Overton, managing director of Towards Maturity, said:
"Despite the growing investment in learning technologies, a shocking percentage of organisations are not using their learning technologies to their full potential."
The study also highlighted that over half of organisations agree that face-to-face classroom courses are no longer the only option for improving skills and performance in the workplace.
Source: Towards Maturity