Sony and McDonald’s invest in the future

Abstract

The total amount budgeted for formal employee training in 2000 by US organizations amounted to $54 billion. With such a significant (and growing) investment in training, why has it become so important? The answer? World‐class organizations are investing in order to capitalize on the one true source of competitive advantage – their people.

Citation

(2002), "Sony and McDonald’s invest in the future", Training Strategies for Tomorrow, Vol. 16 No. 3, pp. 6-8. https://doi.org/10.1108/13697230210815962