Summary of The Business of Learning
How to Manage Corporate Training to Improve Your Bottom Line
In many ways, organizing a corporate university is like running a business. Here’s where to start.
Caterpillar University, rated 2004’s best corporate university, is one of the world’s leading business learning institutions. When CAT U first began operations in 2001, David Vance was its primary architect, guiding light and visionary – a business-oriented leader who served as its president to 2007. In this “MBA in a box” for chief learning officers (CLOs), he draws on his valuable experience in planning, setting up and running CAT U. Vance discusses the importance of establishing a strong business case for corporate learning and shows how to make such education a strategic contributor to any organization. He details how CLOs can maximize the return for every dollar spent on their corporate learning activities. getAbstract predicts that Vance’s big (500-plus pages) book is certain to be a lasting standard in the learning industry.
In this summary, you will learn
- Why chief learning officers should establish a strong business case for their corporate education activities
- Why training operations need annual business plans
- What those plans should include
- Why corporate learning programs should follow traditional business practices
About the Author
David Vance, founder and former president of Caterpillar University, consults with companies on corporate learning through his firm, Manage Learning LLC. In 2006, Chief Learning Officer magazine named Vance its CLO of the Year .
Comment on this summary
3 years agoGreat to read about focussing on creating real learning ROI
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