Management Training & Development

Analysis of key trends and practices of over 200 companies in 2008

The EML Executive Development Performance Lab is pleased to share with you the results of its first annual survey of Management Training and Development (T&D) Practices. The objectives of the survey are to:

• identify current and future needs in the area of management development

• identify how companies are developing managers and understand future trends in the way managers will betrained

• analyze the key concerns of those responsible for Training and Development.This year we were pleased to receive over 230 responses to our questionnaire sent to companies around theworld.

As you will discover in the pages that follow, the principal findings suggest that:

1. Companies are increasing their focus on developing leadership competencies linked to processes and transversal activities rather than technical functional skills. Areas such as innovation, growth, internationalization and entrepreneurship will receive greater attention in the coming years.

2. Training and Development is coming under closer scrutiny and those in charge of T&D activities need to be ready to explain and defend the impact and return on training investments. This is especially true in difficult economic times.

3. The search for increased efficiency of T&D investments is pushing companies to take a hard look at the way
Training and Development is done. The results suggest an increase in the use of action based learning, coaching and e-learning, with a likely decrease in the use of the traditional « classroom » or lecturebased approach.

4. Improvement of T&D starts with an increased involvement and engagement of internal stakeholders