Josh Bersin Quotations

The most surprising finding in this survey is the large amount of time executives spend searching for information. At today's executive salary levels, four hours of search time can cost companies $1,000 or more per week -- not including the cost of lost opportunities, delayed decisions, or other work not completed. If you apply this estimated figure to Fortune 500 companies, the money spent adds up to $60M each year.

The highest, most mature level of corporate learning is learning on demand. While executives would never use this phrase, that's exactly the way they learn. They want the ability to obtain highly specific, relevant information whenever and wherever it's needed. Companies should factor this need into the learning resources made available to their senior executives.

Our research-based approach distinguishes the Learning Leaders Program from other industry recognition programs. The benchmark criteria that will be used to evaluate submissions is based on years of quantitative and qualitative research and endorsed by our panel of senior industry advisors. Our research database, by far the largest and most comprehensive source of information related to enterprise learning, gives us the ability to rigorously assess organizations against peer performance in more than 21 different dimensions.

Our mission with this study was to launch an annual, objective evaluation of this important technology category. We wanted to give potential buyers insight into the factors that most significantly influence implementation success and long-term satisfaction so they can improve their decision making processes. The study also provides vendors with direct feedback on strengths and areas where improvements can be made.