A study by Dr Brent Peterson in 2004 indicated that the most effective training is achieved by:
- Preparation for the learning event (25%)
- The learning event (25%)
- Follow up activities (50%)
Where do most companies spend their training budget? Most of it goes on the learning event, click which only produces 25 per cent of the effectiveness.
Dr Peterson showed that 85 per cent of training budgets were spent on the learning event, 10 per cent on preparation and only 5 per cent on follow-up activities.