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Learning and development at the crossroads: part 3

In the final part of this three-part series, Donald Taylor examines how the change in executive understanding has affected L&D as a whole, and the impact of the industry in future.

 

Executives have changed

Back in January 2009 I predicted – along with many others – that L&D departments in the UK would be hard hit by the recession and that layoffs would be plentiful. While some people unfortunately did lose their jobs, this last recession was notable for the fact that, unlike in 2002 and in previous recessions, organisational executives explicitly said they were going to retain employees and training departments because they believed that skills would be essential to come out of the recession strongly. In some cases companies reduced wages across the board rather than cut staff.

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