In today’s fast paced world, business success often depends on having employees trained to meet and exceed the expectations of their job function. Of course, training an entire workforce can be a daunting challenge - from a resource, time and cost perspective. How long would it take to train 500 (or more!) end users on the rollout of a new software tool? What would the travel expenses look like? What is the most efficient way to schedule training for large groups of people? Lots of questions need answering when planning an instructor-led training event. Asynchronous e-Learning addresses many of these issues as it presents a solution to deliver training in an online, self-paced method. What does this mean? Students can access training any time and learn at their own pace. In an American Society for Training and Development whitepaper, instructor led training was said to be about 77% of all training in 1998. In 2004, it accounted for only 35% due to “eLearning becoming the preferred training method because of its convenience, cost effectiveness and flexibility.” This method of delivery enables an organization to train associates quickly, without the challenge of travel costs, employees out of the office or coordinating trainer/student schedules. It also allows for timely delivery of training material to an entire organization.
What are some of the benefits of self-paced e-Learning? Click on the following links for some more interesting facts from the American Society for Training and Development whitepaper, e-Learning – A Strategy for Maximizing Human Capital in the Knowledge Economy, and a WR Hambrecht study titled Corporate e-Learning: Exploring a New Frontier.
Reduction in travel expense – This is an obvious one. No trainers travel, no students travel = no travel expenses.
Minimize time out of the office – Organizations large and small struggle with remaining productive while having employees out of the office. It is difficult to spare an associate to attend training, however, when you add on a day at the beginning and end for travel, the loss of productivity increases. E-Learning eliminates the time out of the office.
Training can take place anytime – Self paced e-Learning allows students to attend training when it is convenient for them. It removes the coordination of effort between trainer and student. It eliminates the factor that some associates may not receive training in a timely manner due to it not fitting into their schedule. E-Learning also provides the ability to start and stop training as needed, as opposed to traditional classroom training. If an associate is in the middle of training and is needed to return to work due to events taking place, they can. It is easy to resume training with the click of a button.
Faster learning – With self paced e-Learning, the control of learning shifts from the instructor to the student. In a typical instructor led course, the learning pace is determined by a common denominator – typically, the slowest student. In a self paced course, the student drives the learning experience. This leads to a 60% faster learning curve according to the WR Hambrecht study.
Increase retention of material – e-Learning has been shown to increase retention of class material. The Research Institute of America found that 33 minutes after leaving a lecture, only 58% of the material covered is retained. That drops to 35% just 7 days later. Of course, that statistic is higher if they immediately begin using the skills they learned, but often times, they may not. The study finds that the e-Learning experience increases the retention rate 25-60%! This is due to the student having control over the learning process as well as providing them with an opportunity to revisit the training as needed, which is ideal for infrequent users.
Recognize growth potential – In a PriceWaterhouse Coopers study, 70% of Fortune 1000 companies cited insufficient training as a challenge to their growth. The cost of improperly trained associates within an organization is hard to put a price on. But think about rework involved when errors are made or the time wasted while an associate hunts for answers to questions that could be addressed by proper training.
Properly training an organization can definitely be challenging. However, the investment in a well trained workforce results in higher productivity as well as increases retention rates of valuable employees. At Sparta Systems, we recently launched an on-demand e-Learning course to supplement our comprehensive course catalogue. Our e-Learning course empowers TrackWise users to take control of their learning experience and we are confident that our customer base will thoroughly benefit from this new offering.
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