For many organisations, training and development remain an
aspiration rather than fundamental to their business, and the
consequent investment is subject to reductions or reallocations
when times get tough. Yet increasing pressures from business
globalisation mean that organisations are absolutely dependent on
the skills of their workforce if they are to remain competitive.
John Talbot's Training in Organisations: A Cost-Benefit Analysis,
provides the basis for measuring and analysing the cost and value
associated with training. It looks both at manual skills and
management training analysis to explore the various approaches for
costing training, controlling those costs and applying value
analyses to the investment that is being made. Also included is a
series of international comparisons across a variety of industry
sizes and types which provide organisations with an important
benchmark for their own spending.
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