
Tom Peters was banging on in 1997, and possibly long before then, about the need to spend 3% of gross revenue on training and development. ‘Treat it like R and D’ he said. Now ten years on a survery byPDI of over 1,500 companies in 8 countries worldwide– The Right Stuff- has revealed that out of 24 leadership competencies, the ability to learn is ranked 24th in importance in both the UK and Germany by leaders in those companies. Have we learnt nothing!