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The Great Training Robbery

Author

Listed:
  • Michael Beer

    (Harvard Business School)

  • Magnus Finnstrom

    (TruePoint)

  • Derek Schrader

    (TruePoint)

Abstract

In 2012 U.S. corporations spent $164.2 billion on training and education Overwhelming evidence and experience shows, however, that most companies are unable to transfer employee learning into changes in individual and organization behavior or improved financial performance. Put simply, companies are not getting the return they expect on their investment in training and education. By investing in training that is not likely to yield a good return, senior executives and their HR professionals are complicit in what we have come to call the "great training robbery."

Suggested Citation

  • Michael Beer & Magnus Finnstrom & Derek Schrader, 2016. "The Great Training Robbery," Harvard Business School Working Papers 16-121, Harvard Business School.
  • Handle: RePEc:hbs:wpaper:16-121
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