What's the Value of Digital Learning in Business?
What’s the value of Digital Learning in business?
The practice of digital learning is a rapidly growing trend in a variety of business sectors, due to its ability to provide employees with accessible online training opportunities for improved job performance. Today’s corporate elearning solutions have revolutionised employee training methods, resulting in better staff performance and higher return on investments for businesses.
We all know that most employees own a smart phone device and regularly use the Internet to search information online. This day-to-day use of technology has increased the possibilities and hunger for implementing and designing elearning courses in companies.
Furthermore, businesses using corporate elearning solutions have found digital learning to be a valuable method for reducing costs by 50%.
Nonetheless, there are still many out there who have yet to come on board and join the digital revolution. So how exactly can digital learning reduce costs and add value to your business?
Optimise Business Goals
Compared to traditional classroom based learning methods, corporate elearning solutions promote faster and efficient delivery of learning resources. Recent research has suggested that corporate elearning solutions have the ability to reduce learning time by 25-60%.
This is because elearning allows learners to study at their own pace and in a place that suits them. As a result, both learners and their managers lose less time, money and energy, without the need to continuously travel to organised training events.
Corporate elearning solutions also offer learners the flexibility to learn from a course that is directly related to their job and skip the less important material. They can also have the option to choose additional courses they might not have initially considered taking, and make confident steps to enhance their personal skills. Hence, all these factors indicate an efficient and fully equipped workforce that will achieve productivity goals and bring a high return on investment for your business.
Reduced Training Costs
Although training is a necessary aspect for the success of any company, always opting for face-to-face solutions is a significant investment. Arranging instructors, course materials and premises can prove an expensive process. By choosing to learn digitally, many companies have reduced training costs, as employees can easily access the relevant training material online. Elearning is often a one-off investment that multiple users can benefit from. Where mandatory annual updates are required from staff, investment costs reduce year-on-year. Maintenance costs and implementing ongoing updates is significantly less, when compared to traditional one-on-one employee development programmes.
So, corporate digital learning solutions can greatly add value to your company by providing you with an up-to-date and tech savvy staff that may help to boost company's productivity levels.
But remember, just populating your learning platform with classroom materials is not effective elearning! It’s vital that you seek professional support to plan and design effective, creative digital learning, that keeps users engaged, motivated and coming back for more.