The Economy and Learning & Development in 2023

Learning News Special Feature

The Economy and L&D - Thriving or Surviving: How well-placed is Learning and Development for the tough economic period in 2023?
By Rob Clarke, Editor 

How might Learning and Development teams fair in the year ahead?

The UK narrowly avoided recession last quarter. The OBR forecast is that the UK economy will now avoid recession in 2023 although will still contract by -0.2%. 

Traditionally learning and development gets cut during an economic slowdown. Will that happen this year or is L&D better placed than perhaps it was in past slowdowns to help businesses with their biggest challenges like innovation, digital change, cost saving and customer satisfaction?

Learning News spoke to practitioners, commentators and analysts, and commercial vendors, pulling on the latest research into learning and development, to answer this question.

We look at employment trends in the wider economy and here in L&D, job vacancy data, L&D’s relationship with business leadership, organisational learning maturity, new ideas and old ideas, and more.

Contributors:

Anna Barnett, Mind Tools for Business
Nick Bate, Blue Eskimo
Mike Bollinger, Cornerstone
Giles Hearn, LPI
Nicole Horsman, Netex
Laurence Kirk, Magnit
Fiona Leteney, Fosway
Steve Lowenthal, Kineo
Gemma Paterson, Legal & General
Donald H Taylor, Learning Technologies

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