The document provides tips for overcoming five common challenges faced by corporate learning and development organizations: 1) reducing the costs of developing training, 2) reducing the costs of delivering training, 3) quickly addressing workforce skill gaps, 4) communicating the importance and relevance of training, and 5) decreasing administrative costs of supporting training programs. Some suggestions include using development software and templates to streamline creation, transitioning to blended learning, incorporating user-generated content, improving assessment techniques, and outsourcing work to experts.