Overhaul NeededBy Dennis McCafferty
63% of execs feel organizations should offer more training opportunities and update existing ones.
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45% of execs say organizations should work with educational institutions to improve job seekers' chances of placement.
Two-fifths of execs say their organization isn't good at improving innovation among employees.
25% of execs say worker efficiency and productivity aren't benefiting from current training programs.
A more efficient and better-trained workforce would improve productivity and customer satisfaction by at least 5%, according to survey respondents.
Only one in three execs say their organizations have increased investment in training over the last two years.
63% of execs say current economic conditions shouldn't present an obstacle for organizations to implement better training.
82% of execs say job seekers need to do more to develop their own skills.
76% of executives say employees should pursue training at their own expense.
More than half of execs say workers from age 51 to 75 need to be more adaptable or flexible.