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    How To Deliver More Next Year With Less!
    I want you to deliver more:- Profit- Sales- Productivity- Customers- QualityAnd, by the way, you’ve got less:- Money- Staff- TimeSound familiar? Year on year, sales leaders are being asked to achieve improved results with fewer resources or, at least, more from the same. To most Sales Directors, the attainment of a permanent increase in sales revenues must seem like the search for eternal youth; unending and, ultimately, unavailing.Unfortunately, the task of selling never becomes any easier and as competition continues to intensify, sales people will face issues that can be extremely difficult to deal with e.g. decreased product uniqueness, increased competition within ‘safe’ markets, longer sales cycles and shorter product life spans.The reality is that whatever got you where you are today will not be sufficient to keep you there. A rapidly changing environment is the regular background against which organisations must develop.Change is continuous and will become more rapid as we move forward over time. Sales management must be capable of reacting to those changes, be prepared to take advantage of them and yet stay within the overall framework of a formalised strategy.The role of strategy is fundamental if the people within an organisation are to be enabled to make the level of contribution of which they are capable. Strategy, based on a good grasp of the core competencies of a business, is an essential precursor to achieving optimal shareholder value.Getting more for less or more from the same level of resources, is my simple definition of efficiency.Here then are six steps you can take in 2007 that will help you achieve those increased targets:Step One: Understand your operation- Do you know your operation well enough to improve it?Step Two: Set the right objectives- Do you have the right objectives to steer improvement?Step Three: Check cu
    ication. Remember the best way to learn will always be face-to-face with an instructor or speaker augmented by technology.

    The effective use of technology is perhaps an organization's hidden advantage. Peter Senge's groundbreaking book, The Fifth Discipline, was recently updated after 14 years. He said, "In the long run the only sustainable competitive advantage is your organization's ability to learn faster than the competition." The best way to do this is to compliment an organization's investment in training with technology. I know this all too well as a member of the National Speakers Association (NSA). In addition to one annual and regional conference, a learning University, monthly meetings and a magazine, I receive an audio CD. I frequently play the audio CD in my car and transfer key tracks to my iPod for repeat listening. I also have the opportunity to download Podcasts from the NSA website for further learning and reinforcement.   However, I am highly motivated to learn too.  

    Podcasts Reinforce Learning
    According to eMarketer, an Internet research group based in New York, the number of Podcast users grew to 11.4 million in 2005 and is expected to reach over 55 Million by 2010. Perhaps Apple Computer stock is still a good buy as the demand for iPods will continue to increase. With the upcoming release of Apple's iPhone in June 2007, organizations will have the potential to deliver high-quality streaming audio and video (in the form of Vcasts) to employees all over the world from a single platform. This delivery method is in contrast to just 10 years ago when I worked at one of the technology-leading companies of the time, Silicon Graphics. They invested heavily in employee training and it was entirely done through instructor-led learning. While this might seem somewhat contradictory to Dr. Mehrabian's study, it shows the continuing evolution of training; a base of instructor-led programs augmented by Podcasts and Vcasts to reinforce the lessons learned.  

    Capital One, a Fortune 500 financial services company based in Richmond, VA, has purchased over 3,000 iPods for their E-Learning program. The iPods are used to download courses from the Capital One University and provide an effective way to augment traditional learning methods. In a Capital One employee survey on Podcasting, 92% said it is a worthwhile investment and 93% said it's an effective use of their time, especially if the learning is conducted while in the car or during the commute to the office.  

    IBM takes Podcasting a step further and offers employees the ability to generate content. It has become an internal tool allowing anyone from software to services to post a Podcast. In another IBM/ASTD research paper, Closing the Generational Divide, shifting work

    Using a Sales Process
    Sales is like anything else. If you really want to be good at it, you have to practice it. But, like in any sport, practice makes permanent. You need to practice the right things, or you will not succeed as well as you want to.In order to perform at your highest level, you must first learn the basics, and then from there climb to greater heights. How does this happen? It can only happen if you get the proper training. There are many sales training programs in the market. To pick the best one for you, and what fits your ability and market, can be difficult. However, the real key for any training program is to pick one that also gives you follow on coaching.Like all great athletes, and even mediocre athletes, they all receive coaching throughout their careers. Unfortunately, most sales training ends up being the flavour of the week, and about 98% of the time, there is no follow up.A trainer comes in, many times a non-sales person, and gives you a two day session, espousing all of the latest methods that he or she just learned. You take the program for the two days, and may even learn a few things. But, because there is no follow up, you end up using the information for a few weeks or maybe a couple of months, but you gradually slip back into your old ways.Here are some interesting results found by CSO Insights, a US consulting and survey firm. They recently released some very interesting survey results on sales effectiveness.CSO Insights interviewed 1,040 corporations about working with their major accounts. One of their results showed that if a company utilized a trusted account management methodology, the company’s results either noticeably or significantly improved 84.5% of the time. And yet only 33.3% of organizations utilized any form of a structured methodology. Of those that used any methodology, only 12.6% felt their methodology was optimized. They also stated that the best way to optimize any program was through an on-going coaching program.CSO Insights had this conversatio
    It was a sound I hadn't heard before, a 'ping' followed by a long silence. This sequence was repeated until the executive answered his phone. This distinctive ring tone was like the sound a NASA deep space probe might make as it searches the outer reaches of our solar system.   While this executive was one of more than a dozen seated in a non-descript conference room, this distraction was enough to break our concentration and further prohibit a few key messages from developing out of his organization's presentation for a multi-million dollar opportunity. I started thinking about NASA's Galileo probe crashing into Jupiter's moon, Europa, while the executive answered his phone. Now there was one long ping followed by continuing silence. As he hung up his phone, I wondered why voice mail was even invented.  

    How does a speaker compete with cell phones going off in the same room as the presentation? What about other executives walking in on a training class to yank a key employee out of the room? It might be even more challenging to implement a training program when the team being trained is expected to be performing their regular jobs too. According to the American Society of Training and Development (ASTD), US Corporations spend $109.25 Billion on employee learning and development annually with one quarter of this amount going to outside training sources. This translates into $1,616 per employee in 2005 over an approximate 43-hour period.

    How can an organization make sure their investment in training is being properly realized?   And how can training be used to gain a competitive edge? For starters, organizations need to change their definition of training. They also need to realize training will improve their performance and the best place to gain a competitive edge in training is through the use of technology.

    Change the Learning Mindset
    The key to an effective training program is more than requesting cell phones to be placed in the off position and holding a training class off-site to minimize distractions. The key to creating a learning organization is changing the training mindset. In Learning Organizations: Developing Cultures for Tomorrow's Workplace , by Fred Kofman and Peter Senge, the authors state, "Why do we derive our self-esteem from knowing as opposed to learning? Why do we persist in fragmentation and piecemeal analysis as the world becomes more and more interconnected? We are discovering that moving forward is an exercise in personal commitment and community building." True organizational transformation first takes place with personal transformation and the commitment to a lifetime learning process. In other words, the role of the motivated individual who wants to learn more and grow will always be pivotal to the training process.  

     

    At Hickok Cole Architects (HCA), an award-winning regional architectural firm, their main motivation for providing training to 21 of their key designers (architects) was to improve their presentation ability in front of potential clients. The reasoning went as follows. If their designers were able to spend more time honing their presentation in the Quality Quadrant, they would be able to increase the ability to connect with their client audience. This connection would happen over a few simple, yet powerful messages. These powerful messages could make the difference in getting a project approved or obtaining the sale. However, as the program progressed and they began to see improvements in terms of employee excitement and presentation results, the topic of conversation shifted from one of mere training to creating an environment of 'presentation excellence.' They felt the time invested in presentation content and delivery would 'raise the bar' for the entire firm a little bit at a time.  

    HCA also integrated their current client workload with their desire to make an investment in their employees. This meant they started their training program a few hours before the start of a normal business day. I have often heard this thinking referred to as 'taking one step backwards in order to get two (or more) steps ahead.' Real self-improvement of any kind is really an investment in oneself and something that taken collectively within an organization will definitely provide 'an order of magnitude' benefit. Even though the major training program has been completed at HCA, they have shifted their mindset to spend as much time as possible in the Quality Quadrant. It is no secret that this commitment to training came from the top.  

    Training as Strategic Value
    C-Level Perceptions of the Strategic Value of Learning , a joint research paper by ASTD and IBM, written in January 2006, echoes this change in mindset. The paper highlights research conducted with 53 C-Level (CEO, CFO, CTO, COO, etc.) Executives and stated, "Learning provides strategic value to the enterprise, business unit and individual capability level of an organization." The paper went on to further state, "Perceptions of stakeholders are a key indicator of learning's value." Clearly HCA successfully shifted the perceptions of their designers through creating a culture of presentation excellence and one thing that was done successfully was to properly set expectations and then monitor the training as it progressed along the way.  

    Larger organizations have taken this mindset to an entirely new level by creating Corporate Universities. However, only changing the name of the training function within an organization is not enough. In The Corporate University Workbook: Launching the 21 st Century Learning Organization by Kevin Wheller and Eileen Clegg, "A true corporate university has moved beyond training and education and into the daily challenge of getting results. It provides leadership in supporting people and processes to achieve bottom-line success for the organization." A Corporate University is part training, part marketing and part business development. It is training with specific intention.  

    Many organizations have created a Chief Learning Officer (CLO) position to run the Corporate University and other training initiatives. This person is responsible for interacting with the executive-level management team to provide significant value to the organization. One of the ways this C-level executive's performance is measured is through value to the bottom line. Herein lies the danger, getting too caught up with demonstrating ROI in financial or accounting terms. Many organizations even try to implement proprietary measuring systems and fail to provide a direct cause and effect when it comes to training. This is where the mindset of the learning organization needs to be further influenced. Furthermore, a key finding of the ASTD/IBM research paper was that CLO's should not work so hard to convince the C-suite of the value of investing in learning. Instead the C-suite's value the trusted relationship with the CLO's more than the ROI data!  

    Instead of trying to find a direct bottom line benefit to training, organizations must realize training has an overall value that does not need to be quantified in specific terms. Knowledge Asset Management, a firm based in Bethesda, MD, traced the S&P (Standards & Poors) performance of public companies for three years. They tracked companies who spent twice as much as other firms on employee development. Their findings showed organizations with the largest investments in people performed 17 to 35 percent better than the S&P index over the period measured. Training does have an impact on the bottom line and it is also a further way to retain employees.  

    A Human Capital Strategy
    The knowledge that training provides associated value to an organization is proof enough to justify continued investments in training and education. According to the article "Training Revs Up," in the Society of Human Resource Management (SHRM) HRMagazine, Hewlett Packard's training budget for 2005 was $300 million, a 10% increase over the year before. The article went onto state, "Companies like HP recognize that it is more cost-efficient and competitive to develop talent from within rather than compete for talent on the outside. HR experts and trainers have been arguing for this strategy ever since 'the war for talent' dominated the labor market in the late 1990s." Organizations are finally realizing the importance of training and are making a long-term sustainable strategic investment in training. Organizations are increasing their training, but the emphasis has shifted.

    However, training isn't something that should be done at the last minute. When training is introduced gradually with active involvement of the participants, the results are more long lasting and there will be greater retention of the knowledge. This idea comes from a Chinese proverb that says, "If I hear it I'll forget, if I write it down I'll remember, but only if I do it will I understand." To create a true learning environment an organizations needs to have consistency by 'raising the training bar' over the long-term. The way to do this effectively is to build a Confidence Baseline among all employees so the consistent training over the long-term will continue to produce higher quality results.  

     

    The term many organizations have been adopting for this sustainable investment in training is known as having a human capital learning strategy. This strategy is frequently divided into knowledge transfer, customer education to sell more products and services, government compliance and managerial skills training such as training executives to increase their communication power.   Moreover, as the world becomes more interconnected, there will be a continued requirement for many training functions to be centralized so as to deliver consistent training to many locations around the globe. The delivery of effective training programs by a Corporate University or spearheaded by a CLO will increasingly involve the use of technology.  

    The Technology Advantage
    As the CLO or training function within an organization starts to augment delivery through the use of technology, there will be more collaboration between the CLO and the CTO (chief technology officer). The CLO and CTO will be charged with delivering the training to employees in remote locations through the use of downloadable Podcasts, streaming video and audio programs. In addition, there will be continued momentum for content to be created by employees in order to preserve corporate knowledge.

    While some training will be augmented by technology, technology will not replace instructor-led training. This is primarily due to the value of being in the same room with colleagues as well as being able to benefit from the body language of the instructor. In a groundbreaking study in 1971 on the importance of body language in communication, Dr. Albert Mehrabian of ULCA found that visual communication makes up 55% of the total communication picture. This means that technology will only be able to deliver the 7% of verbal and the 38% vocal component making up 45% of communication. Remember the best way to learn will always be face-to-face with an instructor or speaker augmented by technology.

    The effective use of technology is perhaps an organization's hidden advantage. Peter Senge's groundbreaking book, The Fifth Discipline, was recently updated after 14 years. He said, "In the long run the only sustainable competitive advantage is your organization's ability to learn faster than the competition." The best way to do this is to compliment an organization's investment in training with technology. I know this all too well as a member of the National Speakers Association (NSA). In addition to one annual and regional conference, a learning University, monthly meetings and a magazine, I receive an audio CD. I frequently play the audio CD in my car and transfer key tracks to my iPod for repeat listening. I also have the opportunity to download Podcasts from the NSA website for further learning and reinforcement.   However, I am highly motivated to learn too.  

    Podcasts Reinforce Learning
    According to eMarketer, an Internet research group based in New York, the number of Podcast users grew to 11.4 million in 2005 and is expected to reach over 55 Million by 2010. Perhaps Apple Computer stock is still a good buy as the demand for iPods will continue to increase. With the upcoming release of Apple's iPhone in June 2007, organizations will have the potential to deliver high-quality streaming audio and video (in the form of Vcasts) to employees all over the world from a single platform. This delivery method is in contrast to just 10 years ago when I worked at one of the technology-leading companies of the time, Silicon Graphics. They invested heavily in employee training and it was entirely done through instructor-led learning. While this might seem somewhat contradictory to Dr. Mehrabian's study, it shows the continuing evolution of training; a base of instructor-led programs augmented by Podcasts and Vcasts to reinforce the lessons learned.  

    Capital One, a Fortune 500 financial services company based in Richmond, VA, has purchased over 3,000 iPods for their E-Learning program. The iPods are used to download courses from the Capital One University and provide an effective way to augment traditional learning methods. In a Capital One employee survey on Podcasting, 92% said it is a worthwhile investment and 93% said it's an effective use of their time, especially if the learning is conducted while in the car or during the commute to the office.  

    IBM takes Podcasting a step further and offers employees the ability to generate content. It has become an internal tool allowing anyone from software to services to post a Podcast. In another IBM/ASTD research paper, Closing the Generational Divide, shifting workf

    Test Your Marketing
    Company in General Which targets – referring to the turnover and the profit resp. the personnel needed and the production means – do you intend to reach with your company within 3 years from today ? Broken-down into sales region/country as well as product group and sales route – and in which steps – e. g. massive marketing investment and then switching to a permanent business or step-by-step-increase ? Present resp. Last years’ turnover structure Which turnover is generated by each sales region/country/sales route – with reference to the individual products ? Which contribution margin/profit is generated for each sales region/ country/sales route referring to each product ? Which sales routes should be envisaged/are necessary to reach the targets as per 1. above ? Client structure Which client groups/market segments do you supply today ? Do you have an analysis of the existing/potential clients per field of activity/product ? Which client groups/marketsegments (for each sales region/country) are missing then (e. g. compared to your presently ‚strongest/most successful’ market ? Are you aware of the total number of potential clients for each sales region/country/market segment ? Is/Would ‘key-accounting’ be important for you and which information is available about such potential clients ? Which is your market portion/coverage (as percentage of all clients available in the respective sales region/country/market segment ? Competition Who is your competition – listed from ‚most important’ to ‚nearly negligible’ ? Where are they better/worse compared to you (with reference to products and sales routes) – and why ? Would it be advisable to adapt possibly any of the procedures of the competition for you without becoming untrustworthy to your clients ?
    process.  

     

    At Hickok Cole Architects (HCA), an award-winning regional architectural firm, their main motivation for providing training to 21 of their key designers (architects) was to improve their presentation ability in front of potential clients. The reasoning went as follows. If their designers were able to spend more time honing their presentation in the Quality Quadrant, they would be able to increase the ability to connect with their client audience. This connection would happen over a few simple, yet powerful messages. These powerful messages could make the difference in getting a project approved or obtaining the sale. However, as the program progressed and they began to see improvements in terms of employee excitement and presentation results, the topic of conversation shifted from one of mere training to creating an environment of 'presentation excellence.' They felt the time invested in presentation content and delivery would 'raise the bar' for the entire firm a little bit at a time.  

    HCA also integrated their current client workload with their desire to make an investment in their employees. This meant they started their training program a few hours before the start of a normal business day. I have often heard this thinking referred to as 'taking one step backwards in order to get two (or more) steps ahead.' Real self-improvement of any kind is really an investment in oneself and something that taken collectively within an organization will definitely provide 'an order of magnitude' benefit. Even though the major training program has been completed at HCA, they have shifted their mindset to spend as much time as possible in the Quality Quadrant. It is no secret that this commitment to training came from the top.  

    Training as Strategic Value
    C-Level Perceptions of the Strategic Value of Learning , a joint research paper by ASTD and IBM, written in January 2006, echoes this change in mindset. The paper highlights research conducted with 53 C-Level (CEO, CFO, CTO, COO, etc.) Executives and stated, "Learning provides strategic value to the enterprise, business unit and individual capability level of an organization." The paper went on to further state, "Perceptions of stakeholders are a key indicator of learning's value." Clearly HCA successfully shifted the perceptions of their designers through creating a culture of presentation excellence and one thing that was done successfully was to properly set expectations and then monitor the training as it progressed along the way.  

    Larger organizations have taken this mindset to an entirely new level by creating Corporate Universities. However, only changing the name of the training function within an organization is not enough. In The Corporate University Workbook: Launching the 21 st Century Learning Organization by Kevin Wheller and Eileen Clegg, "A true corporate university has moved beyond training and education and into the daily challenge of getting results. It provides leadership in supporting people and processes to achieve bottom-line success for the organization." A Corporate University is part training, part marketing and part business development. It is training with specific intention.  

    Many organizations have created a Chief Learning Officer (CLO) position to run the Corporate University and other training initiatives. This person is responsible for interacting with the executive-level management team to provide significant value to the organization. One of the ways this C-level executive's performance is measured is through value to the bottom line. Herein lies the danger, getting too caught up with demonstrating ROI in financial or accounting terms. Many organizations even try to implement proprietary measuring systems and fail to provide a direct cause and effect when it comes to training. This is where the mindset of the learning organization needs to be further influenced. Furthermore, a key finding of the ASTD/IBM research paper was that CLO's should not work so hard to convince the C-suite of the value of investing in learning. Instead the C-suite's value the trusted relationship with the CLO's more than the ROI data!  

    Instead of trying to find a direct bottom line benefit to training, organizations must realize training has an overall value that does not need to be quantified in specific terms. Knowledge Asset Management, a firm based in Bethesda, MD, traced the S&P (Standards & Poors) performance of public companies for three years. They tracked companies who spent twice as much as other firms on employee development. Their findings showed organizations with the largest investments in people performed 17 to 35 percent better than the S&P index over the period measured. Training does have an impact on the bottom line and it is also a further way to retain employees.  

    A Human Capital Strategy
    The knowledge that training provides associated value to an organization is proof enough to justify continued investments in training and education. According to the article "Training Revs Up," in the Society of Human Resource Management (SHRM) HRMagazine, Hewlett Packard's training budget for 2005 was $300 million, a 10% increase over the year before. The article went onto state, "Companies like HP recognize that it is more cost-efficient and competitive to develop talent from within rather than compete for talent on the outside. HR experts and trainers have been arguing for this strategy ever since 'the war for talent' dominated the labor market in the late 1990s." Organizations are finally realizing the importance of training and are making a long-term sustainable strategic investment in training. Organizations are increasing their training, but the emphasis has shifted.

    However, training isn't something that should be done at the last minute. When training is introduced gradually with active involvement of the participants, the results are more long lasting and there will be greater retention of the knowledge. This idea comes from a Chinese proverb that says, "If I hear it I'll forget, if I write it down I'll remember, but only if I do it will I understand." To create a true learning environment an organizations needs to have consistency by 'raising the training bar' over the long-term. The way to do this effectively is to build a Confidence Baseline among all employees so the consistent training over the long-term will continue to produce higher quality results.  

     

    The term many organizations have been adopting for this sustainable investment in training is known as having a human capital learning strategy. This strategy is frequently divided into knowledge transfer, customer education to sell more products and services, government compliance and managerial skills training such as training executives to increase their communication power.   Moreover, as the world becomes more interconnected, there will be a continued requirement for many training functions to be centralized so as to deliver consistent training to many locations around the globe. The delivery of effective training programs by a Corporate University or spearheaded by a CLO will increasingly involve the use of technology.  

    The Technology Advantage
    As the CLO or training function within an organization starts to augment delivery through the use of technology, there will be more collaboration between the CLO and the CTO (chief technology officer). The CLO and CTO will be charged with delivering the training to employees in remote locations through the use of downloadable Podcasts, streaming video and audio programs. In addition, there will be continued momentum for content to be created by employees in order to preserve corporate knowledge.

    While some training will be augmented by technology, technology will not replace instructor-led training. This is primarily due to the value of being in the same room with colleagues as well as being able to benefit from the body language of the instructor. In a groundbreaking study in 1971 on the importance of body language in communication, Dr. Albert Mehrabian of ULCA found that visual communication makes up 55% of the total communication picture. This means that technology will only be able to deliver the 7% of verbal and the 38% vocal component making up 45% of communication. Remember the best way to learn will always be face-to-face with an instructor or speaker augmented by technology.

    The effective use of technology is perhaps an organization's hidden advantage. Peter Senge's groundbreaking book, The Fifth Discipline, was recently updated after 14 years. He said, "In the long run the only sustainable competitive advantage is your organization's ability to learn faster than the competition." The best way to do this is to compliment an organization's investment in training with technology. I know this all too well as a member of the National Speakers Association (NSA). In addition to one annual and regional conference, a learning University, monthly meetings and a magazine, I receive an audio CD. I frequently play the audio CD in my car and transfer key tracks to my iPod for repeat listening. I also have the opportunity to download Podcasts from the NSA website for further learning and reinforcement.   However, I am highly motivated to learn too.  

    Podcasts Reinforce Learning
    According to eMarketer, an Internet research group based in New York, the number of Podcast users grew to 11.4 million in 2005 and is expected to reach over 55 Million by 2010. Perhaps Apple Computer stock is still a good buy as the demand for iPods will continue to increase. With the upcoming release of Apple's iPhone in June 2007, organizations will have the potential to deliver high-quality streaming audio and video (in the form of Vcasts) to employees all over the world from a single platform. This delivery method is in contrast to just 10 years ago when I worked at one of the technology-leading companies of the time, Silicon Graphics. They invested heavily in employee training and it was entirely done through instructor-led learning. While this might seem somewhat contradictory to Dr. Mehrabian's study, it shows the continuing evolution of training; a base of instructor-led programs augmented by Podcasts and Vcasts to reinforce the lessons learned.  

    Capital One, a Fortune 500 financial services company based in Richmond, VA, has purchased over 3,000 iPods for their E-Learning program. The iPods are used to download courses from the Capital One University and provide an effective way to augment traditional learning methods. In a Capital One employee survey on Podcasting, 92% said it is a worthwhile investment and 93% said it's an effective use of their time, especially if the learning is conducted while in the car or during the commute to the office.  

    IBM takes Podcasting a step further and offers employees the ability to generate content. It has become an internal tool allowing anyone from software to services to post a Podcast. In another IBM/ASTD research paper, Closing the Generational Divide, shifting work

    Passed Over For A Promotion?
    Being passed over for a promotion can certainly leave you wondering what to do next and where your place in the company really is.If you've been passed over for a promotion, you have several options available to you. Before you do anything rash – like quitting your job or starting to look for a new job – you need to get the facts.Before doing anything you might quickly regret, take some time to see how things work out and try to find out why you weren't chosen for the position.Is there a particular skill or experience that the successful candidate has that you don't have?Is there a legitimate reason that you weren't promoted this specific time?Have you been passed over for promotion more than once which might lead you to believe that the writing is on the wall in terms of your long term ability to progress with this particular company?I certainly wouldn't act before seeing how things play out but I'd certainly try to get as much information as possible regarding why I wasn't chosen for the job.Depending on the answers you get as to why you weren't promoted and depending on whether or not you've been passed over for promotion before, the answers to these questions might very well determine what you do next.Based on what you find out, you can plan your next course of action and you can decide whether or not this includes looking for a new job elsewhere.
    Corporate University Workbook: Launching the 21 st Century Learning Organization by Kevin Wheller and Eileen Clegg, "A true corporate university has moved beyond training and education and into the daily challenge of getting results. It provides leadership in supporting people and processes to achieve bottom-line success for the organization." A Corporate University is part training, part marketing and part business development. It is training with specific intention.  

    Many organizations have created a Chief Learning Officer (CLO) position to run the Corporate University and other training initiatives. This person is responsible for interacting with the executive-level management team to provide significant value to the organization. One of the ways this C-level executive's performance is measured is through value to the bottom line. Herein lies the danger, getting too caught up with demonstrating ROI in financial or accounting terms. Many organizations even try to implement proprietary measuring systems and fail to provide a direct cause and effect when it comes to training. This is where the mindset of the learning organization needs to be further influenced. Furthermore, a key finding of the ASTD/IBM research paper was that CLO's should not work so hard to convince the C-suite of the value of investing in learning. Instead the C-suite's value the trusted relationship with the CLO's more than the ROI data!  

    Instead of trying to find a direct bottom line benefit to training, organizations must realize training has an overall value that does not need to be quantified in specific terms. Knowledge Asset Management, a firm based in Bethesda, MD, traced the S&P (Standards & Poors) performance of public companies for three years. They tracked companies who spent twice as much as other firms on employee development. Their findings showed organizations with the largest investments in people performed 17 to 35 percent better than the S&P index over the period measured. Training does have an impact on the bottom line and it is also a further way to retain employees.  

    A Human Capital Strategy
    The knowledge that training provides associated value to an organization is proof enough to justify continued investments in training and education. According to the article "Training Revs Up," in the Society of Human Resource Management (SHRM) HRMagazine, Hewlett Packard's training budget for 2005 was $300 million, a 10% increase over the year before. The article went onto state, "Companies like HP recognize that it is more cost-efficient and competitive to develop talent from within rather than compete for talent on the outside. HR experts and trainers have been arguing for this strategy ever since 'the war for talent' dominated the labor market in the late 1990s." Organizations are finally realizing the importance of training and are making a long-term sustainable strategic investment in training. Organizations are increasing their training, but the emphasis has shifted.

    However, training isn't something that should be done at the last minute. When training is introduced gradually with active involvement of the participants, the results are more long lasting and there will be greater retention of the knowledge. This idea comes from a Chinese proverb that says, "If I hear it I'll forget, if I write it down I'll remember, but only if I do it will I understand." To create a true learning environment an organizations needs to have consistency by 'raising the training bar' over the long-term. The way to do this effectively is to build a Confidence Baseline among all employees so the consistent training over the long-term will continue to produce higher quality results.  

     

    The term many organizations have been adopting for this sustainable investment in training is known as having a human capital learning strategy. This strategy is frequently divided into knowledge transfer, customer education to sell more products and services, government compliance and managerial skills training such as training executives to increase their communication power.   Moreover, as the world becomes more interconnected, there will be a continued requirement for many training functions to be centralized so as to deliver consistent training to many locations around the globe. The delivery of effective training programs by a Corporate University or spearheaded by a CLO will increasingly involve the use of technology.  

    The Technology Advantage
    As the CLO or training function within an organization starts to augment delivery through the use of technology, there will be more collaboration between the CLO and the CTO (chief technology officer). The CLO and CTO will be charged with delivering the training to employees in remote locations through the use of downloadable Podcasts, streaming video and audio programs. In addition, there will be continued momentum for content to be created by employees in order to preserve corporate knowledge.

    While some training will be augmented by technology, technology will not replace instructor-led training. This is primarily due to the value of being in the same room with colleagues as well as being able to benefit from the body language of the instructor. In a groundbreaking study in 1971 on the importance of body language in communication, Dr. Albert Mehrabian of ULCA found that visual communication makes up 55% of the total communication picture. This means that technology will only be able to deliver the 7% of verbal and the 38% vocal component making up 45% of communication. Remember the best way to learn will always be face-to-face with an instructor or speaker augmented by technology.

    The effective use of technology is perhaps an organization's hidden advantage. Peter Senge's groundbreaking book, The Fifth Discipline, was recently updated after 14 years. He said, "In the long run the only sustainable competitive advantage is your organization's ability to learn faster than the competition." The best way to do this is to compliment an organization's investment in training with technology. I know this all too well as a member of the National Speakers Association (NSA). In addition to one annual and regional conference, a learning University, monthly meetings and a magazine, I receive an audio CD. I frequently play the audio CD in my car and transfer key tracks to my iPod for repeat listening. I also have the opportunity to download Podcasts from the NSA website for further learning and reinforcement.   However, I am highly motivated to learn too.  

    Podcasts Reinforce Learning
    According to eMarketer, an Internet research group based in New York, the number of Podcast users grew to 11.4 million in 2005 and is expected to reach over 55 Million by 2010. Perhaps Apple Computer stock is still a good buy as the demand for iPods will continue to increase. With the upcoming release of Apple's iPhone in June 2007, organizations will have the potential to deliver high-quality streaming audio and video (in the form of Vcasts) to employees all over the world from a single platform. This delivery method is in contrast to just 10 years ago when I worked at one of the technology-leading companies of the time, Silicon Graphics. They invested heavily in employee training and it was entirely done through instructor-led learning. While this might seem somewhat contradictory to Dr. Mehrabian's study, it shows the continuing evolution of training; a base of instructor-led programs augmented by Podcasts and Vcasts to reinforce the lessons learned.  

    Capital One, a Fortune 500 financial services company based in Richmond, VA, has purchased over 3,000 iPods for their E-Learning program. The iPods are used to download courses from the Capital One University and provide an effective way to augment traditional learning methods. In a Capital One employee survey on Podcasting, 92% said it is a worthwhile investment and 93% said it's an effective use of their time, especially if the learning is conducted while in the car or during the commute to the office.  

    IBM takes Podcasting a step further and offers employees the ability to generate content. It has become an internal tool allowing anyone from software to services to post a Podcast. In another IBM/ASTD research paper, Closing the Generational Divide, shifting work

    Advantages of a Branded House or a House of Brands
    If you want to win by growing your market share — there is a better way, a smarter way, than the traditional advertising and marketing strategy and tactics. However, it requires looking at your business and brand from a very different point of view. This different point of view is hard to grasp because old myths die-hard and old expensive myths seem to die hardest of all.If you need to steal share, it does not require underhandedness (as the name might suggest) it requires smarts. If you think that “stealing,” as it relates to taking market share, is a short cut to success — a means to cheat your way to success — you are dead wrong. Winning requires great effort and hard work because it means you must outsmart your competition in order to achieve success. In our book, you must learn how to be different and smarter. You must stop seeing the “marketing game” as you learned it in college, even if college was just last year. Things are changing and the future belongs to those that recognize and use change to their advantage.It is All about ScarcityStart with the idea of scarcity. Encapsulated within scarcity is the entire concept of value. We only value scarcity. If we discovered a heretofore hidden mountain range made entirely of gold, the owner would not be rich because the abundance of gold in the market would make the metal a commodity, with all of the inherent value of tin. Everything has a value measured by its scarcity — the greater the scarcity, the greater the value.The pharmaceutical industry today is a case study in scarcity because the profits they glean are in direct proportion to the uniqueness of the patent. They protect scarcity by patenting their concoction and then defending that patent as if their very lives depended on it. And they are right; their livelihood does depend upon it. Wall Street analysts will talk about these pharmaceutical companies in terms of product pipelines, FDA approvals, and waning patent rights. The mix of the three is the difference betwee
    n the late 1990s." Organizations are finally realizing the importance of training and are making a long-term sustainable strategic investment in training. Organizations are increasing their training, but the emphasis has shifted.

    However, training isn't something that should be done at the last minute. When training is introduced gradually with active involvement of the participants, the results are more long lasting and there will be greater retention of the knowledge. This idea comes from a Chinese proverb that says, "If I hear it I'll forget, if I write it down I'll remember, but only if I do it will I understand." To create a true learning environment an organizations needs to have consistency by 'raising the training bar' over the long-term. The way to do this effectively is to build a Confidence Baseline among all employees so the consistent training over the long-term will continue to produce higher quality results.  

     

    The term many organizations have been adopting for this sustainable investment in training is known as having a human capital learning strategy. This strategy is frequently divided into knowledge transfer, customer education to sell more products and services, government compliance and managerial skills training such as training executives to increase their communication power.   Moreover, as the world becomes more interconnected, there will be a continued requirement for many training functions to be centralized so as to deliver consistent training to many locations around the globe. The delivery of effective training programs by a Corporate University or spearheaded by a CLO will increasingly involve the use of technology.  

    The Technology Advantage
    As the CLO or training function within an organization starts to augment delivery through the use of technology, there will be more collaboration between the CLO and the CTO (chief technology officer). The CLO and CTO will be charged with delivering the training to employees in remote locations through the use of downloadable Podcasts, streaming video and audio programs. In addition, there will be continued momentum for content to be created by employees in order to preserve corporate knowledge.

    While some training will be augmented by technology, technology will not replace instructor-led training. This is primarily due to the value of being in the same room with colleagues as well as being able to benefit from the body language of the instructor. In a groundbreaking study in 1971 on the importance of body language in communication, Dr. Albert Mehrabian of ULCA found that visual communication makes up 55% of the total communication picture. This means that technology will only be able to deliver the 7% of verbal and the 38% vocal component making up 45% of communication. Remember the best way to learn will always be face-to-face with an instructor or speaker augmented by technology.

    The effective use of technology is perhaps an organization's hidden advantage. Peter Senge's groundbreaking book, The Fifth Discipline, was recently updated after 14 years. He said, "In the long run the only sustainable competitive advantage is your organization's ability to learn faster than the competition." The best way to do this is to compliment an organization's investment in training with technology. I know this all too well as a member of the National Speakers Association (NSA). In addition to one annual and regional conference, a learning University, monthly meetings and a magazine, I receive an audio CD. I frequently play the audio CD in my car and transfer key tracks to my iPod for repeat listening. I also have the opportunity to download Podcasts from the NSA website for further learning and reinforcement.   However, I am highly motivated to learn too.  

    Podcasts Reinforce Learning
    According to eMarketer, an Internet research group based in New York, the number of Podcast users grew to 11.4 million in 2005 and is expected to reach over 55 Million by 2010. Perhaps Apple Computer stock is still a good buy as the demand for iPods will continue to increase. With the upcoming release of Apple's iPhone in June 2007, organizations will have the potential to deliver high-quality streaming audio and video (in the form of Vcasts) to employees all over the world from a single platform. This delivery method is in contrast to just 10 years ago when I worked at one of the technology-leading companies of the time, Silicon Graphics. They invested heavily in employee training and it was entirely done through instructor-led learning. While this might seem somewhat contradictory to Dr. Mehrabian's study, it shows the continuing evolution of training; a base of instructor-led programs augmented by Podcasts and Vcasts to reinforce the lessons learned.  

    Capital One, a Fortune 500 financial services company based in Richmond, VA, has purchased over 3,000 iPods for their E-Learning program. The iPods are used to download courses from the Capital One University and provide an effective way to augment traditional learning methods. In a Capital One employee survey on Podcasting, 92% said it is a worthwhile investment and 93% said it's an effective use of their time, especially if the learning is conducted while in the car or during the commute to the office.  

    IBM takes Podcasting a step further and offers employees the ability to generate content. It has become an internal tool allowing anyone from software to services to post a Podcast. In another IBM/ASTD research paper, Closing the Generational Divide, shifting work

    How To Make Mistakes
    Promoting risk taking and eliminating fear of failure.It would be a mistake to try to avoid all mistakes. Indeed, it would be a colossal blunder to attempt doing things right the first time, every time. In today's light speed economy, ("new" economy and "old" economy) if you don't fall on your face both regularly and painfully, you are likely to end up dead instead. The only people not making mistakes are ones playing their game without risk and without novelty - and I might add - without progress. If your company cannot accommodate, even reward, failure - in the long run, you cannot succeed.Why? Doing things wrong, is the number one - perhaps the only - source of innovation. David Kelly, CEO of design firm IDEO, says, "...enlightened trial and error beats the planning of flawless intellects...The reason is simple: the best solutions to most problems are rarely the most obvious." James Joyce said it poetically, "Mistakes are the portals of discovery." Think about it. What did you ever learn by doing something right the first time?IBM's rumored motto about mistakes is legendary: Fail Faster. Since the road to success is paved with failures, the faster you move through them, the faster you might find a way which works. Don't prolong the agony, get it over with quickly, learn the most you can, and move on. IDEO's Kelly says it succinctly, "we fail faster to succeed sooner."World leaders and scientists have wonderful legacy of being wrong in a big way. Edison's tolerance for "mistakes" is renowned. The European "discovery" of America was a mistake. Even the invention of Teflon was a mistake.Great companies also have a long and gallant history of failing. AMC's Gremlin was a big flop, but paved the way for ever-popular hatchbacks. What about New York City's World Trade Center, one of the first "cities in a building," remained half-empty for almost a whole decade. There are many famous failed computers, including Apple's Lisa and Newton or the Palm Pilot's predecessor
    ication. Remember the best way to learn will always be face-to-face with an instructor or speaker augmented by technology.

    The effective use of technology is perhaps an organization's hidden advantage. Peter Senge's groundbreaking book, The Fifth Discipline, was recently updated after 14 years. He said, "In the long run the only sustainable competitive advantage is your organization's ability to learn faster than the competition." The best way to do this is to compliment an organization's investment in training with technology. I know this all too well as a member of the National Speakers Association (NSA). In addition to one annual and regional conference, a learning University, monthly meetings and a magazine, I receive an audio CD. I frequently play the audio CD in my car and transfer key tracks to my iPod for repeat listening. I also have the opportunity to download Podcasts from the NSA website for further learning and reinforcement.   However, I am highly motivated to learn too.  

    Podcasts Reinforce Learning
    According to eMarketer, an Internet research group based in New York, the number of Podcast users grew to 11.4 million in 2005 and is expected to reach over 55 Million by 2010. Perhaps Apple Computer stock is still a good buy as the demand for iPods will continue to increase. With the upcoming release of Apple's iPhone in June 2007, organizations will have the potential to deliver high-quality streaming audio and video (in the form of Vcasts) to employees all over the world from a single platform. This delivery method is in contrast to just 10 years ago when I worked at one of the technology-leading companies of the time, Silicon Graphics. They invested heavily in employee training and it was entirely done through instructor-led learning. While this might seem somewhat contradictory to Dr. Mehrabian's study, it shows the continuing evolution of training; a base of instructor-led programs augmented by Podcasts and Vcasts to reinforce the lessons learned.  

    Capital One, a Fortune 500 financial services company based in Richmond, VA, has purchased over 3,000 iPods for their E-Learning program. The iPods are used to download courses from the Capital One University and provide an effective way to augment traditional learning methods. In a Capital One employee survey on Podcasting, 92% said it is a worthwhile investment and 93% said it's an effective use of their time, especially if the learning is conducted while in the car or during the commute to the office.  

    IBM takes Podcasting a step further and offers employees the ability to generate content. It has become an internal tool allowing anyone from software to services to post a Podcast. In another IBM/ASTD research paper, Closing the Generational Divide, shifting workforce demographics and the learning function , a key issue is "Passing the torch of experience." This involves transferring knowledge from parts of the workforce that are retiring or leaving so as to retain this key knowledge. Technology makes this very feasible and affordable and allows younger employees to ramp up their learning curve by being exposed to the bigger picture right away.  

    The big picture view of helping to set expectations is very important. I often mention the Latin word for education, educare , which literally means to bring forth or draw out. I let audience members know their unique experiences and memories are very valuable and these can be a contribution to the process of learning. By changing the rules of how the training is delivered, I am able to engage my audience in a unique way and get them to participate in the learning process. This helps executives realize the work they are doing to improve their presentation to a client is much more important than their cell phones or PDAs.   

    When organizations move from viewing training as an expense to training being part of a long-term investment in their employees, a true learning environment will be created. A true learning environment means employees are recognized as unique contributors, are rewarded for their value and given consistent training over a long period of time. By investing in employees, an organization will be more productive and be better able to retain top talent. In order to further develop talented employees, an organization needs to augment their training with the appropriate use of technology. In this way organizations will be able to gain a true competitive edge.

    As a C-Level Leader, here's how to integrate the lessons of this article:
    (1) Change your mindset from training as an expense to creating a long-term investment in your employees (a learning environment).  

    (2) Recognize the strategic value of training as an effective way to retain top talent and to increase productivity.   

    (3) Leverage technology to enable your employees to learn faster than the competition, as this is your true competitive edge.  

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