Training & Development Cycle Time

As technology and innovation shorten the self-life of worker skills, the ability to promptly close skills gaps is something that organizations need to continuously monitor and, as needed, improve. Cycle time measures indicate speed or, in other words, how long it takes to perform a particular activity or process. This article presents a key measure that organizations can use to keep tabs on the cycle time to close a skills gap, followed by benchmarking data and tips for ways to boost performance on this measure.