Critical Need for Compliance Training Infographic
Based on a recent report from Brandon Hall Group, compliance training is a huge focus for organizations accountable to outside agencies. As a matter of fact, two-thirds of companies surveyed depend on this critical training to implement their business strategies.
Survey results also show compliance training is very often dry and boring due to the lack of attention to design, development and delivery that other learning programs receive. Employees sometimes view mastery of the plain, rote material as almost a necessary evil.
With regulatory and company compliance training standing out as the clear leader in learning importance, it's interesting to note the learning programs that follow in second and third place are leadership development and job-specific technical skills, respectively. A reason for this could be that a poorly executed compliance training program would have greater and more immediate consequences than those of an ineffective leadership development or technical skills program.