Is cutting development and training in a recession a good idea? Looking at the IT and ITeS sector in IndiaM.S. Rao
- Development in Learning Organizations An International Journal, August 2009, Emerald
- DOI: 10.1108/14777280910982915
Learning and Development, Recession, Leadership Development
What is it about?
It concludes that training is only a comma not a full stop. Training is an investment not an expense. Despite any recession, it should be maintained as a continuous process to ensure organizations remain competitive and productive.
Why is it important?
The article highlights the importance of corporate training in knowledge sectors like Information Technology and Information Technology “enabled services” sectors during times of recession. It treats recession as a boon not as a bane – as an opportunity for employees to spend time learning and for employers to gain a competitive edge.
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