Small Business Labs

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Corporate Training Exploding and Changing

Small Business Labs

Interesting article on Bersin by Deloitte's site on corporate training. spending on corporate training has strongly rebounded.   The reasons given by Bersin for this shift towards investing in training are: The need for specialized skills is increasing.    Workforce education and skills have atrophied. . 

Training 100
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The Decline of Employee Training & The Rise of Side Gigs

Small Business Labs

The chart below, which shows a decline in employer-provided and on-the-job training in recent decades, has been making the rounds in the economic blogs.  But given the Great Recession, it seems pretty unlikely that employer-provided and on-the-job training have done anything but decline since 2008.

Training 100
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The Rise of the Skills Training/Job Placement Industry

Small Business Labs

Add in a growing reluctance by corporations to train their staff and the mismatch becomes even clearer. In response to this problem a rapidly growing industry focused on providing skills training and job placement has emerged. A combination of trends are driving the rapid growth of these types of training firms.

Training 100
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Provide Training Without Losing Productivity

Small Business Labs

Wouldn't it be great if everyone you hired could just sit down in front of a computer and start working immediately, with no training at all?  They'll need to be trained from the ground up. And longtime employees will also have a need for training eventually. Group Training. Individual Training.

Training 100
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Spending on Pets and Investing in Pet Startups Continues to Grow

Small Business Labs

  Leap, which started in 2018, provides training, seed investments and other support to pet startups.   Pet startups now even have their own venture accelerator programs. Leap Venture Studios , for example, is a partnership between Michelson Found Animals and Kinship, a division of Mars Petcare.  million U.S.

2018 181
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Funding for Education Technology Startups Continues to Boom

Small Business Labs

Key quote on why this is happening: College is more expensive these days, the way that we think about work and training is shifting, and existing positions are requiring more tech skills than ever before. .  The article chart below (click to enlarge) shows some (but not all) of the bigger Edtech funding rounds in 2018.

2018 164
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The Growing Army of Freelancers Providing Services to Businesses

Small Business Labs

Other popular professions include education and training (8 percent), sales and marketing (7 percent), and healthcare and sciences (8 percent). . The top three professions are consulting, coaching, and research (17 percent), creative services (16 percent) and information technology (13 percent).

2019 253