Vocational-technical education can play a substantial role in work force preparation if (1) unfounded assumptions are avoided; (2) supply/demand information is improved; and (3) equity effects of different policy options are examined. More educated trainees often benefit more from training than less educated ones. (SK)

This document contains three papers from a symposium on core directions in human resource development (HRD). In "Expertise: The Development of an Operational Definition for Human Resource Development" (Richard W. Herling), expertise is defined as consistent demonstrated actions that are efficient in their execution and effective in their…

Increase in the number of individuals pursuing postsecondary schooling involves economic and social costs to the kibbutz. "Educational revolution" in the kibbutz refers to growing aspirations of the kibbutzim toward higher education. Measures taken by the kibbutz movement and individual kibbutzim to counteract the problems created by the…

Reviews research on the current status of skill requirements in Australian industries, industry demand for vocational education and training, ways in which enterprises perceive training (cost or investment), and vocational education in secondary schools. Derives implications for career development, including increased demand for flexibility and…

This literature review is divided into two main sections. The first part identifies key dimensions of the policy debate that will condition future patterns of investment in education. The themes chosen are the impact of recession, the effects of debt and structural adjustment programs on the resources available for education; the implications of…

A partial survey of the literature on the economics of vocational training reveals three important lessons on how evaluations may be undertaken using data on pay, inputs, and outputs. The first lesson is that social, corporate, and private returns to vocational training in developing countries appear to be high enough to justify expanding training…

ISVOR (Societa di Sviluppo e Addestramento Industriale) was incorporated in 1978 as an independent organization owned by Fiat to provide all training services. In 1988, in the area of technical training alone, ISVOR offered 534 different training programs to over 29,500 participants, in a total of approximately 348,000 man/days. Four…

This document proposes methods by which the public purposes of postsecondary vocational education may be more effectively implemented. Part 1 reviews the public purposes of public vocational education (which are postulated as: to increase individuals' satisfaction at work; to increase the access to employment of underrepresented groups; and to…

Training interventions can be evaluated by calculating return on investment (ROI) and cost-benefit analysis. The four-level model proposed by Kirkpatrick is the dominant evaluation model used. Calculating ROI has been a critical issue for trainers and executives, but only a few organizations have implemented the process that is considered as…

The research literature on the preparation of young people for work proves that policy recommendations are based on two false premises--academic skills are good substitutes for occupation-specific skills and increases in job turnover and skill obsolescence rates have caused a decline in the return to occupation-specific training by schools.…

Financial analysis techniques are tools that help managers make sound financial decisions that contribute to general corporate objectives. A literature review reveals that the most commonly used financial analysis techniques are payback time, average rate of return, present value or present worth, and internal rate of return. Despite the success…

The effects of instructional technology on learning are determined by the extent to which hardware and software amplify the basic capabilities of an instructor. Experience indicates that rational considerations such as cost-effectiveness are not usually the primary factors in making decisions about use of technology in training. Most large…

This report discusses diverse economic issues involved in educational reforms aimed at improving economic growth. The focus is on elementary and secondary education in the southeastern United States. After a general overview of the economics of educational reform, section I discusses the issues involved in modeling and estimating the linkages…

Australia's Framing the Future (FTF) project was designed to develop a model of staff development to support implementation of the National Training Framework (NTF). A survey of FTF project managers found these long-term impacts: implementation of training packages and other aspects of NTF, new forms of collaboration between industry and training…

This document contains four papers from a symposium on cost analysis, evaluation, and feedback in human resource development. "Training Evaluation with 360-Degree Feedback" (Froukje A. Jellema) reports on a quasi-experimental study that examined the effectiveness of 360-degree feedback in evaluating the training received by nurses in a…