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:
“Most of us have felt barriers between ourselves and our fathers and had thought that going it alone was part of what it meant to be a man. We tried to get close to our children when we became fathers, and yet the business of practicing masculinity kept getting in the way. We men have begun to talk about that.”
—Frank Pittman (20th century)
“Egoism is the law of perspective as it applies to feelings, according to which what is closest to us appears to be large and weighty, while size and weight decrease with our distance from things.”
—Friedrich Nietzsche (18441900)