Archive for category: Business

Why L&D needs business acumen

24 Jul
July 24, 2014

Business acumen – who needs it?  There was a time when the average L&D manager needed to understand a bit about training delivery and be able to spout on about one subject or another in front of a bored audience – but no more.  Now, more than ever before, L&D managers need to be skilled in a range of subjects – and top amongst them is business acumen. This post has been written specially to support the great team who run the chat2lrn blog site and Twitter feed.  You can read all Read more […]

Running your L&D department as a business – part II

17 Jul
July 17, 2014

In the second and final post of this series, I’ll be looking at how you can run your department as a business and the benefits you can gain from this approach. Let’s begin by casting our minds back to the previous post.  In this, I outlined eight steps for running your department as a business. The eight steps are: 1.  knowing the business you’re in 2.  knowing what your business wants 3.  understanding what you are offering 4.  identifying and closing the demand gap 5. Read more […]

Running your L&D department as a business – Part I

26 Jun
June 26, 2014

Big businesses spend millions of pounds on their People Function every year.  But do they get value?  In 2010 a report by Capita asked 100 of the top 500 UK companies about their L&D departments.  Only 18% felt they had People Departments (specifically Learning and Development) that were operationally aligned to the business.  Ouch! Today, People Professionals are facing a dilemma.  They know they draw resources from their business, but are often unsure how to articulate the benefits Read more […]