; In a downturn
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In a downturn

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The last thing anyone needs is another person telling them that times are getting tough. In a downturn, there are opportunities as well as threats and not just for insolvency accountants. While classroom colleagues may be struggling, e-learning does have some attractions for the cost-conscious. Assuming that after the cutbacks your organization has any learning and development budget left at all, there must be a temptation to make it go that little bit further through the use of technology. Self-study e-learning is twice as fast as the classroom and that's a proven fact. Another area where the potential for cost reductions is yet to be fully exploited is in the running of live events. Of course, a prolonged downturn will not be all good news for e-learning.

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