Confidence Index Slips Lower

Learning executives’ optimism and confidence about the outlook and expectations for the learning function fell slightly in the second quarter of 2012, according to the latest measurement by the American Society for Training & Development (ASTD). The current Learning Executive Confidence Index (LXCI) surveyed 349 learning executives (LXs) about their expectations in four areas: impact on corporate performance; ability to meet learning needs; status as a key strategic component; and availability of resources.

The ASTD LXCI for the second quarter of 2012 was 65.6, down from 67.3 in the first quarter of 2012, the all-time high score achieved by the index. The second-quarter measure is the lowest on the LXCI since the last quarter of 2010.

While the dip indicates varied sentiments about the economy and job market, the overall index trend remains positive. The similarity in scores throughout 2011 and the first two quarters of 2012 suggests that learning executives remain cautiously optimistic as the economy continues to recover. The LXCI is measured by a 100-point scale.

Highlights from the LXCI for the second quarter of 2012 include:

>> 68.1% of respondents believe the learning function’s impact on corporate performance would be moderately or substantially better in the next six months.

>> The least positive indicator on the LXCI was availability of resources to meet learning needs. Almost 61% believe availability of resources will be the same or worse in the next six months.

>> 66.3% believe their organizations will turn higher profits in the next 12 months.

>> Almost three-quarters of LXs believe that money spent on outsourcing will remain the same or moderately increase.

>> 66.1% believe that e-learning will moderately or substantially increase in the next six months.

>> A majority, almost 74%, believe the current economic situation will cause staffing levels to remain the same or moderately increase in the next six months.

ASTD’s Learning Executives Confidence Index, launched in August 2008, is designed to assess the outlooks and expectations of learning executives for the next six months.

—Full report: www.astd.org/Professional-Resources/LXCI.aspx

Learning executives’ optimism and confidence about the outlook and expectations for the learning function fell slightly in the second quarter of 2012, according to the latest measurement by the American Society for Training & Development (ASTD). The current Learning Executive Confidence Index (LXCI) surveyed 349 learning executives (LXs) about their expectations in four areas: impact on corporate performance; ability to meet learning needs; status as a key strategic component; and availability of resources.

The ASTD LXCI for the second quarter of 2012 was 65.6, down from 67.3 in the first quarter of 2012, the all-time high score achieved by the index. The second-quarter measure is the lowest on the LXCI since the last quarter of 2010.

While the dip indicates varied sentiments about the economy and job market, the overall index trend remains positive. The similarity in scores throughout 2011 and the first two quarters of 2012 suggests that learning executives remain cautiously optimistic as the economy continues to recover. The LXCI is measured by a 100-point scale.

Highlights from the LXCI for the second quarter of 2012 include:

>> 68.1% of respondents believe the learning function’s impact on corporate performance would be moderately or substantially better in the next six months.

>> The least positive indicator on the LXCI was availability of resources to meet learning needs. Almost 61% believe availability of resources will be the same or worse in the next six months.

>> 66.3% believe their organizations will turn higher profits in the next 12 months.

>> Almost three-quarters of LXs believe that money spent on outsourcing will remain the same or moderately increase.

>> 66.1% believe that e-learning will moderately or substantially increase in the next six months.

>> A majority, almost 74%, believe the current economic situation will cause staffing levels to remain the same or moderately increase in the next six months.

ASTD’s Learning Executives Confidence Index, launched in August 2008, is designed to assess the outlooks and expectations of learning executives for the next six months.

—Full report: www.astd.org/Professional-Resources/LXCI.aspx

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