Business Perspective
The majority of companies that provide training are currently involved only with the formal side of the continuum. Most of today's investments are on the formal side. The net result is that companies spend the most money on the smallest part—25%—of the learning equation. The other 75% of learning happens as the learner creatively "adopts and adapts to ever changing circumstances". The informal piece of the equation is not only larger, it's crucial to learning how to do anything.
Read more about this topic: Informal Learning
Famous quotes containing the words business and/or perspective:
“Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.”
—Elbert Hubbard (18561915)
“The fact that illness is associated with the poorwho are, from the perspective of the privileged, aliens in ones midstreinforces the association of illness with the foreign: with an exotic, often primitive place.”
—Susan Sontag (b. 1933)