Elearning! - December 2007/January 2008 - (Page 33) The Business Value MEASURING AND EVALUATING LEARNING IS ONE OF THE MOST CRITICAL ISSUES IN THE LEARNING AND DEVELOPMENT FIELD. The value of learning is inherent in today’s business environment where leaders understand that it takes a trained workforce to drive business results in an increasingly competitive, global environment. As learning becomes more integrated with business strategy, human capital is seen as a key differentiator and driver of growth, transformation and productivity. In this knowledge-based economy, investments in employee learning and development continue to accelerate, with technology-based training solutions penetrating all areas of corporate education and training. At a cost over $3 billion a year, high-quality training courses, tutorials, and multimedia simulations that keep up with the pace of change and rapid technological advancement are BY DR. JACK PHILLIPS AND H O L LY B U R K E T T Elearning! December 2007 / January 2008 33 of E-learning
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