Member Poll on the Economy

    
 
 7/20/01
 
 387
 45
 

       

1.

When do you expect the economy to turn around?


Q3/2001


0

0%
Q4/2001 5 12%
Q1/2002 13 32%
Q2/2002 10 24%
Q3/2002 2 5%
Q4/2002 9 22%
VIEW Other, Please Specify
4 10%

       

2.

Compared to the first half of last year, my company's revenues are:


Much lower


7

17%
Lower 11 27%
About the same 11 27%
Better 7 17%
Much better 5 12%
VIEW Other, Please Specify
2 5%

       

3.

Compared to the first half of last year, our profits are:


Much lower


8

20%
Lower 9 22%
About the same 12 29%
Higher 6 15%
Much higher 4 10%
VIEW Other, Please Specify
2 5%

       

4.

Please describe your organization:


eLearning vendor, revenue <$1 million


7

17%
eLearning vendor, revenue $1-$10 million 7 17%
eLearning vendor, revenue >$10 million 4 10%
school, university, think tank 1 2%
eLearning customer, revenue <$10 million 0 0%
eLearning customer, revenue $10-$250 million 0 0%
eLearning customer, revenue >$250 million 3 7%
consulting or services firm 12 29%
solo consultant 5 12%
VIEW other, please specify
4 10%

       

5.

Where do you live?


US


33

80%
other North America 2 5%
South America 0 0%
Europe 4 10%
Asia 1 2%
Australia 0 0%
Africa 1 2%
VIEW Other, Please Specify (ha, ha, ha, ha)
0 0%

       

6.

What is your role?


executive


19

46%
sales or marketing 6 15%
programmer 0 0%
academic or researcher 4 10%
manager of training or HR 3 7%
instructional designer 6 15%
instructor or trainer 0 0%
learner or student 0 0%
line manager 1 2%
consultant 8 20%
between engagements 2 5%
VIEW other
0 0%

       

7.

This question is for eLearning customers only. Check any items that apply. As a result of the economy, have you...


Deferred investments in eLearning


4

44%
Require more rigorous ROI justification 2 22%
Require more approvals for eLearning purchases 2 22%
Cross-training more 2 22%
Cut marketing budget 3 33%
Cut training budget 5 56%
Increased training budget 1 11%
Cut hiring 6 67%
Increased hiring 0 0%
Postponed capital spending 5 56%
VIEW Other...
0 0%

       

8.

This question is for eLearning vendors and consultants only. How has the down economy impacted your business?


Sales cycle is longer


26

76%
Compete on price 13 38%
Business is up 4 12%
Deferred some product development 10 29%
Forming new strategic partnerships 14 41%
Drastically reduced advertising 1 3%
Layed off 20% or more of our staff 9 26%
VIEW What else?
4 12%