Executive training: Research and buy it on the Web

By David Egan
|Canadian HR Reporter|Last Updated: 07/21/2003

Click. Click. Click. There, with just a few clicks of the mouse someone just purchased an executive training course on the Web. Not a big deal, right? Wrong. Actually, this person took only a few minutes to finish a process that used to take weeks to complete.

The Internet is reshaping the way training is bought and sold. Through online marketplaces, customized corporate intranets and request-for-proposal services, companies are using the Internet to make purchasing training more efficient.

This is important because today’s fast-paced economy, which boasts record-breaking low unemployment figures, is forcing companies to make training a key factor in attracting and retaining valuable knowledge workers.