Editor's message: Organisations will benefit from a competitive advantage if they develop their workforce - from apprentices through to future business leaders.
Access to learning and development opportunities not only enables employees to improve their knowledge and skills, but can also increase their engagement. It can also be a useful tool in retaining staff in a time of skills shortages and a strong labour market.
Investing in learning and development to remain competitive, or to implement a specific initiative such as a programme of leadership development, are key reasons for organisations to increase spending in this area. For organisations seeking to cut back on training spend, there are alternatives to simply reducing the output of their training activities - including making more use of online and informal learning methods.
Whatever the learning and development initiative, don't forget to pay attention to the most appropriate method of learning delivery, and evaluate the outcomes to ensure that your organisation receives value for money and meets business needs.
Rachel Sharp, HR practice editor
HR and legal information and guidance relating to learning and development.