Strategic Learning Alignment: Make Training a Powerful Business Partner

Introduction: Aligning Learning With Business— Move From Expense to Strategic Tool

Your senior executives are seated around the boardroom table conducting a business performance review. The economy is sluggish, and business results are not meeting previously forecasted numbers. The costs of the materials needed to manufacture your company’s products have increased significantly from this time last year. A few months before the economic slowdown, your company acquired another large firm, resulting in billions of dollars in new debt. The chief financial officer and other senior executives are clearly concerned.

The senior executives at the table brainstorm various strategies to increase productivity to offset decreased sales and to pay down ...