Can Learning Help You Score The Next "Big Innovation" For Your Organization? | Fast Company

We're in the midst of "The Learning Decade," and private-sector executives as well as public-sector officials have embraced the notion that knowledge drives revenue-enhancing innovation at a time when the economy is uncertain and companies need turbo-chargers that can accelerate growth, spark competitiveness, and boost future prospects.

Peter Drucker, the founding father of Corporate Management, said in The Effective Executive that companies need to build brainpower because, in the end, it's more important than manufacturing facilities and financial capabilities.

Indeed, U.S. organizations spent $126 billion on employee learning and development in 2009. And 80 % of all learning executives anticipate that funding for workplace learning and performance programs will increase or remain the same over the next six months. Just as important, the most recent ASTD Learning Executives Confidence Index indicates that more organizations are placing a stronger emphasis on learning today than at any time in the last two years.

Read the full article here.

via www.fastcompany.com