- Increasing number of employees is retiring. Losing critical institutional knowledge can place the organization at risk. Transferring knowledge between generations is a critical capability in today’s organizations.
According to a new report by Ambient Insight, the US corporate market for Self-paced eLearning reached $5.2 billion in 2007. Although overall growth is slowing due to the recession, the recession is also acting as a growth catalyst for certain types of products and services.
I was reviewing the ASTD 2007 State of the Industry Report and a few statistics stood out: