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Distance Learning is the way to train employees

Workforce Demographics drive workforce training

Changing workforce demographics will drive the workforce training function over the next ten years. As noted by the Popuplation Reference Bureau, “The U.S. is getting bigger, older and more diverse.” Major demographic trends that are affecting the workforce are:
  • 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.

2008-2013 US Corporate Market Forecast for Self-Paced Learning Product and Services

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.

ASTD 2007 State of the Industry Report Summary

Content by Learning Area
I was reviewing the ASTD 2007 State of the Industry Report and a few statistics stood out:

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