In tough times, one of the first things likely to be affected is corporate training. Corporate training services are a company's number one source of competitive advantage, according to a Merrill Lynch study. They joined together to transform the way their companies research, design, purchase , package, and communicate career development and skill enhancement courses to more than two million employees. As the consortium has evolved, it has placed a greater emphasis on technology-enabled courseware. Today, LearnShare makes more than 500,000 Web-based courses available to 2.5 million employees of member companies.
Courses range from technology, business, professional skills, and leadership topics.
It influences the value of the learning product by establishing a common set of criteria. It helps guide technology standards. It helps influence a buying model that's mutually beneficial to corporate learning providers and customers. Eventually, that may be made available to the larger community. Some might argue that this is precisely the economic climate that calls for investing in your employees.