Are you investing more in management training?

Over half of companies are planning to increase spending on training and development for managers by around 10%, with a whopping 88% planning to revamp their management development. 

http://online.wsj.com/article/SB10001424

Is your company amongst them?

I often wonder if this isn't looking in the wrong direction entirely.  I mean when I look back at all that I know right now, the proportion of that knowledge that was learnt on a course is tiny.  I know that spending money makes it easy to measure, but seriously, learning new things should be in the culture of your company and needn't cost a huge sum of money.