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ASTD's index shows lowest confidence level since 2010.
Alexandria, VA (PRWEB) November 17, 2012
Learning executives’ optimism and confidence about the outlook and expectations for the learning function continued to fall in the third quarter of 2012, according to the latest measurement by the American Society for Training & Development (ASTD). The current Learning Executive Confidence Index (LXCI) surveyed 323 learning executives (LXs) about their expectations in four areas: impact on corporate performance; ability to meet learning needs; status as a key strategic component; and availability of resources. It is modeled on the CEO Confidence Indices reported by Chief Executive Magazine and The Conference Board.
The ASTD LXCI for the third quarter of 2012 was 64.5, down from 65.6 in the second quarter of 2012, and the lowest on the LXCI since Q4 2010 (62.9). While the LXCI started strong in 2012, with a record high 67.3, it has continued a steady slide and indicates learning executives are wary as the end of the year approaches. Despite the downward trend, scores still remain higher than they were in 2009 and 2010. The LXCI is measured by a 100-point scale.
Highlights from the LXCI for the third quarter of 2012 include
ASTD’s Learning Executives Confidence Index was launched in August 2008 and is designed to assess the outlooks and expectations of learning executives for the next six months.
Visit http://www.astd.org/Professional-Resources/LXCI.aspx to read the full report.
ASTD (American Society for Training & Development) is the world’s largest professional association dedicated to the training and development field. In more than 100 countries, ASTD’s members work in organizations of all sizes, in the private and public sectors, as independent consultants, and as suppliers. Members connect locally in 120 U.S. chapters and with 16 international partners. ASTD started in 1943 and in recent years has widened the profession’s focus to align learning and performance to organizational results, and is a sought-after voice on critical public policy issues. For more information, visit http://www.astd.org.
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