Is L&D a profit centre?
October 18, 2013 Leave a comment
Another nice blog post from Sukh, which poses a really interesting question about whether L&D should be a cost or profit centre.
I got inadvertently drawn into a Twitter chat today where this question was posed:
Q3) What kinds of outcomes do L+D practitioners want to improve? #chat2lrn
— chat2lrn (@chat2lrn) October 17, 2013
Tricia Ransom responded with the following:
Q3) For L&D to move from cost center to a profit center. #chat2lrn
— Tricia Ransom (@TriciaRansom) October 17, 2013
Which I responded to by saying that I don’t think this will ever happen as long as L&D remains an internal function. The only way it could become a profit centre is if it directly sells its services to external clients of the company.
I could end this post right here, cos that’s pretty much my whole argument. But, well, it’s my blog and I’ll carry on if I want to. So here’s the longer version of the answer.
What I’m not arguing is that L&D doesn’t add value to the business…
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