Is L&D a profit centre?

Another nice blog post from Sukh, which poses a really interesting question about whether L&D should be a cost or profit centre.

Thinking About Learning

I got inadvertently drawn into a Twitter chat today where this question was posed:

Tricia Ransom responded with the following:

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…

View original post 357 more words

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About pauldrasmussen
Paul Rasmussen is one of Australia’s most widely read Vocational Education and Training Commentators. He provides deep, unbiased analysis and insights not only on topical issues, but also on the underlying structure and policy which supports the industry. His writing and analysis has been praised for its uncompromising and thought provoking style and its ability to focus on the issues of real importance to the sector. He has advised various government departments and ministers, training providers, public and private organisations, not for profits and small to medium enterprises on the VET sector and the issues and opportunities facing it. He is one of Australia’s most awarded learning professionals and a regular speaker at a range of conventions and forums. His extensive experience in vocational education, and learning and development coupled with formal qualifications in philosophy, ethics, business and education management allow Paul to provide a unique view of the road ahead and how to navigate it.

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