5 reasons why e-learning has become a corporate must have

5 reasons why e-learning has become a corporate must have
  1. Save time
  2. Cost reduction
  3. Quality and consistency
  4. Maximizing knowledge retention
  5. Minimizing employee turnover

Learning is important to any business. Enterprises need to hire new employees, move new operations to land from locations around the world, and outsource ongoing operations to different countries. All of this poses a linguistic and cultural challenge. In addition, disseminating business knowledge among employees is essential to improve the quality of the final product or service, and ultimately increase returns and attract new customers. Enabling and encouraging employees to develop is the best way to achieve these goals.

Someone might ask why we should choose e-learning over other development methods? Why is it more advantageous than, for example, traditional stationary courses?

Save time

Time is a unique and precious good that cannot be produced or recycled. Therefore, saving time should be as important to companies as saving money - and this is where e-learning comes in. It allows you to save time for both the trainer and the student, because the training can take place without the need to travel at a time convenient for both parties. Participants get the added benefit of an individual learning pace and can slow down or accelerate on their own. E-learning can reduce employee training time by up to 60%.

Cost reduction

A good e-learning course should activate the learner's brain in the most effective way. Diversity helps: interactivity, real-life examples and self-evaluation are important factors. Needless to say, preparing a good course is time consuming and can be relatively costly, but if done properly, a single course can help hundreds if not thousands of employees, and can be adapted and reused as training needs change over time. How does this affect? Think about savings on professional coaches, physical training materials, training rooms, travel and so on. The only thing an employee needs to use e-learning is to be connected to the Internet - it is more convenient anytime, anywhere. Cost reduction is the main reason companies are switching to e-learning.

Quality and consistency

Traditional classroom training is based primarily on the knowledge, experience and presentation skills of the trainer. As no two speakers are alike, the consistency and quality of training provided by different trainers cannot be guaranteed. One may be a great speaker without top notch knowledge, while another may be alpha and omega on a specific topic but will bore the audience. Even if you do find a trainer who is both knowledgeable and engaging, you can never be sure that he will always do his best. We all have a bad day from time to time. The quality and coherence of training are real problems that e-learning helps to optimize.

Maximizing knowledge retention

Traditional university-style lectures and courses can become boring even with the best academics and can be downright discouraging at times. Sure, anyone who has studied in college or university has lots of fond memories, but the classroom is not necessarily the most important element. Offering training that resembles your own days in the classroom may not be the best way to encourage employees to take up a self-development challenge. E-learning preserves the benefits of professional education while eliminating the daunting aspects.

Minimizing employee turnover

Finding great talent is difficult; maintaining high flying is even more difficult. And does the term burnout sound right? One of the reasons for the burnout of talented employees is that their work is monotonous or not demanding enough. One way to prevent this from happening and to keep your employees engaged and enthusiastic is by providing them with development plans that are discussed and tailored to each individual's needs. Two-way communication between the employer and employee is crucial here! Once you have established your development plans, you should consider using e-learning to put them into practice. A rich and varied e-learning platform enables employees to broaden their knowledge in the areas they are actually interested in, which in turn significantly contributes to their engagement and productivity in the workplace. A proactive and enthusiastic employee is much more likely to propose improvements in an organization, and even if they wanted to change, they would probably look for a new role in your company first, not your competitors!

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