Trends influencing the future of training

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Trends influencing the future of training
There are so many transformations taking place in economies around the world. The way we communicate and filter information is changing now than ever before. Transformations are also taking place in the way people learn, interpret information, or react to it; as individuals, employees or the community in general. Learning, as an art of gathering information, processing and further reacting, takes many forms. There are many trends shaping the future of training and developing. This paper focuses on Globalization as a trend and its role in shaping the future of training and development. The corporate training market is a dynamic one that requires stakeholders to stay in line with innovations, technologies, and best practices to remain relevant and competitive. Companies are trying all means within their network to reach and extend their operations overseas. It is for this reason that the nature of employee training and development is changing shape. Globalization and overseas outsourcing is affecting training and development priorities for many companies and entities. To ensure companies keep up with the global competition and secure market share, employees and all staff in general remain aware of global standings. The world has become a global village especially with the advancement of technology, making global networking very easy. As economies improve, households experience increased incomes. Increased income in the long run boosts international trade, tourism and travel thus directly or indirectly supporting growing acceptance of cultural diversity. Multinational organizations also take role in uniting the world by connecting workers globally. Globalization leads to an integration of world economies. It is through globalization that spread and connectedness of production, technologies and communication has been enhanced. The spread of production and communication...