What's Ahead in 2009?

According to research by Bersin and Associates, reducing costs is now the top business issue for HR and L&D executives. The result? A focus on the centralization of HR and L&D functions to reduce costs and integrate training and capability development with talent management. Staff reductions and layoffs of senior executives are continuing, and will likely see more in 2009.

Succession management is also emerging as a critical issue. When changes occur, such as reorganization, layoffs, or the departure of key executives, succession plans give companies the ability to rapidly identify key talent.

Research shows most companies have not yet instituted a complete succession process covering critical roles, and many still lack executive succession planning. The LMS market will remain strong in 2009. However, some vendors will struggle to determine in which direction to move their solutions.

According to research by Bersin and Associates, reducing costs is now the top business issue for HR and L&D executives. The result? A focus on the centralization of HR and L&D functions to reduce costs and integrate training and capability development with talent management. Staff reductions and layoffs of senior executives are continuing, and will likely see more in 2009.

Succession management is also emerging as a critical issue. When changes occur, such as reorganization, layoffs, or the departure of key executives, succession plans give companies the ability to rapidly identify key talent.

Research shows most companies have not yet instituted a complete succession process covering critical roles, and many still lack executive succession planning. The LMS market will remain strong in 2009. However, some vendors will struggle to determine in which direction to move their solutions.

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