Alexandria, VA (PRWEB) October 24, 2013
Learning executives’ optimism and confidence about the outlook and expectations for the training function rose in the third quarter of 2013, according to the latest measurement by the American Society for Training & Development (ASTD). The current Learning Executive Confidence Index (LXCI) surveyed 305 learning executives (LXs) about their confidence and expectations in these key learning and development indices: ability to meet learning needs and to impact corporate performance; status of learning as a key strategic component; and availability of resources for learning. 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 2013 was 67.9, rising from 65.3 in the second quarter of 2013. The third quarter’s rise in confidence broke away from the trend of waning confidence as the year ends. By the third quarter of the year, organizations are starting to budget for the following year and a clear picture of the current year’s spending is becoming final, which can drive confidence levels down. However, in Q3 all LXCI indices saw increased scores or remained stable, indicating confidence remained strong heading into the last quarter of 2013. The LXCI is measured by a 100-point scale.
Key findings from the LXCI for the third quarter of 2013 include
ASTD’s Learning Executive 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/Publications/Research-Reports 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 15 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 sough-after voice on critical public policy issues. For more information, visit http://www.astd.org.