Getting Fit for the Future

The financial outlook looks challenging with economists warning of sluggish global growth for the year ahead. Whilst not universal, we are already hearing of L&D budgets coming under increased scrutiny. So, when times are tough, what can you do to thrive as an L&D team? How do you protect and grow investment in learning, even if your central budget is frozen or shrinking? There has always been pressure on L&D teams to do more with less but what can you do to raise your game in 2023 and encourage investment in learning?

Why is this important?

The need to do more with less is one of the most consistent trends to emerge from eight years of Fosway’s Digital Learning Realities Research. When we ask learning professionals why they are adopting digital learning the answer is mostly concerned with scaling learning and cutting costs. Because digital learning enables limited resources to go so much further than they ever could with face-to-face classroom-based learning alone.

But as a large majority of L&D teams now have expanded their use of digital learning, the cost opportunities of switching to even more digital have diminished. So looking to do more with less no longer has the same payback it once did. And it risks putting an already squeezed L&D team under even more pressure. Get the full insight beneath.