The Learning Factor                       Team photo

Issue: 03 March 2009
The Learning Factor Experiences Significant Growth

The Learning Factor is Asia Pacific's leading provider of vendor-neutral managed learning services. Our services optimise training efficiencies in L&D departments, which result in significant cost-savings.

Over the past 6 months our business has witnessed dramatic growth. In the current economic climate, L&D executives are being compelled to creatively meet business needs whilst budgets shrink. We offer a new delivery mechanism to the traditional training infrastructure and it is this fresh approach that resonates with organisations as we are able to save money whilst increasing service levels. Many of our clients are achieving cost savings of up to 45%.

Our progressive methodology, where we work together and at our client's pace, means we can expand the scope of sourcing incrementally to more effectively identify corporate objectives and learning requirements.

There may be no better time to learn about how some of the world's leading companies are achieving outstanding results by partnering with The Learning Factor. Click here to send an email to Chris Gaborit to receive case studies, whitepapers and more information.


Savings Spur Interest in Learning Outsourcing 
HRO Today - Feb 2009
focus
At a time when cost cutting is dominating the thoughts of most executives, have organisations shifted their focus away from performance improvements? And if so, does that mean the learning function - often a key differentiator between world-class companies and the also-rans is losing its lustre as an engine for productivity gains?

For companies that have turned to outsourced solutions, the answer is an emphatic no. According to industry observers, outsourced learning continues to draw interest among many employers, including those under financial stress. That's because outsourced learning enables companies to reduce costs, increase accountability, and standardise what is often a decentralised function with many stakeholders involved in the spend.

Cost-cutting in learning is nothing new, but there is renewed vigour to further slash redundancy and inefficiency. Current economic conditions have businesses looking at outsourced learning in a different way. Because of potential cost savings, many employers are honing in on that aspect rather than the transformational facet of outsourced learning.

Click here to read the full article.
Accelerating the Learning Curve - Independence Day
KnowledgePool Research
vendor neutral
According to recent research undertaken by Everest Research Institute, companies are outsourcing employee training to retain focus on strategy and achieve tangible business outcomes apart from the definite cost savings.

The new study titled "Learning Services Outsourcing (LSO): Accelerating the Learning Curve", examines a "quietly" growing but strong market in which companies adopting LSO typically gain more than 15% direct cost savings and, in some cases, savings in excess of 30%. Even more significant, companies are using LSO to produce tangible business results, such as quicker time to market.

With over 65% of organisations seeking to outsource at least part of their learning function, it is important to consider that managed service providers fall into two broad categories: proprietary and vendor independent.

There are fundamental distinctions between the two categories, which have a profound effect on the provider's structure, service offerings and the value delivered to clients.

Download this whitepaper to explore these fundamental distinctions.
How is the Training Industry Changing? Are YOU ready for 2009 and Beyond? 
Research by TrainingIndustry.com
2009
At the beginning of every year, TrainingIndustry.com provides predictions on the learning marketplace for the upcoming year. Their goal is to provide visibility around the trends that may help in managing, developing or delivering training. In summary, Doug Harward's predictions include:
  1. Total spend for training services will decline by 10%
  2. The Training Workforce in North America will decline by 11%
  3. Re-engineering Activities for Training Organisations will Increase
  4. Investment in Customer Training Increases to 59.5% of Total Spend
  5. Consolidation of Training Departments will Increase
  6. Fixed Resources Dedicated to Training will Decrease
  7. Supply Based Training Models will Decrease
  8. Availability of Informal Learning Content will Increase
  9. Creation of User Generated Content will Increase
  10. Development of Compliance Based Training Increases
If you would like to read the full article with explanations of each prediction, click here.


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Sincerely,

Chris Gaborit
Director
P: +61 2 8211 0440
The Learning Factor

Click here to visit our website

In This Issue
Savings Spur Interest in Learning Outsourcing
Accelerating the Learning Curve
Are YOU ready for 2009 and Beyond?