increasing productivity through e-learning

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eenglish.ibi.com .vn INCREASING WORKPLACE PRODUCTIVITY THROUGH E-LEARNING

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INCREASING WORKPLACE PRODUCTIVITY THROUGH E-LEARNING

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e-Learning is Eco-friendly. Recent studies conducted by Britain's Open University have found that e-Learning

consumes 90% less energy than traditional courses.

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Over 41.7% percent of Global Fortune 500 companies now use some forms of educational technology to instruct employees during formal learning hours.

Source: the Kineo e-Learning in the Enterprise Survey Results 2013 and Info graphic.

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According to a report released by IBM, companies who utilize e-Learning tools and strategies have the potential to boost

productivity by up to 50%.

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According to a recent study conducted by The Research Institute of America, e-Learning has the power to increase

information retention rates by up to 60%.

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It's been estimated that nearly 25% of all employees leave their job because there simply aren't enough training or learning opportunities. On the other hand, companies who do offer e-Learning and on-the-job training generate about

26% more revenue per employee.

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INCREASING WORKPLACE PRODUCTITY THROUGH E-LEARNING

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Classroom-based training E-Learning

Employee travel (transportation plus unproductive salaried hours) 

Lodging   Instructor expenses  Administration  Real estate / room rentals

(if any)

Reduced costs Efficient Globally consistent Access to experts –

regardless of location Trackable Convenient anytime

scheduling Scalable Reduces travel costs and

downtime

As much as 40% of public classroom training costs are spent on travel and

lodging. Sales and business losses from downtime should also be evaluated.

As much as 40% of public classroom training costs are spent on travel and

lodging. Sales and business losses from downtime should also be evaluated.

A QUICK COMPARISION

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EFFECTIVE TO TRAIN EMPLOYEES WITH AN LMS

Learning management systems (LMS) provides a management system for your learning content; handling

course registrations, administration, tracking and reporting.

Learning management systems (LMS) provides a management system for your learning content; handling

course registrations, administration, tracking and reporting.

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WHY WILL WELL-DESIGNED E-LEARNING PRODUCTS HAVE POSITIVE IMPACT ON

PRODUCTIVITY?

A productivity gains of just three minutes per employee per day could save a company with 1,000 employees at

least US$ 240,000. (IBM study)

A productivity gains of just three minutes per employee per day could save a company with 1,000 employees at

least US$ 240,000. (IBM study)

Variable Value

Average salary per employee US$ 40,000

Hours worked per year 2,000

Number of employees 1,000

Time savings / productivity gains per month

Three minutes per employee

Total Return on Investment US$ 240,000

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WHY WILL WELL-DESIGNED E-LEARNING PRODUCTS HAVE POSITIVE IMPACT ON

PRODUCTIVITY?

Criteria of productivity E-Learning Classroom-based

Technology: measuring productivity growth is to trace technical change.

Yes N/A

Efficiency: achieving the maximum amount of output

Yes with LMS N/A

Real cost savings Yes N/A

Benchmarking production processes: the relevant productivity measures are expressed in physical units (e.g. cars per day, passenger-miles per person)

Yes with LMS N/A

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GLOBAL TRAINING AND DEVELOPMENT TRENDS IN 2014

In 2014, eLearning and curriculum development will be top areas for

investment, as cited by 67% and 62% of respondents, respectively.

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GLOBAL TRAINING AND DEVELOPMENT TRENDS IN 2014

What are your greatest challenges (internal and external)? Ranked 1-8 in order of impact?

Delivering greater value, faster and cheaper. Learning organizations want to improve the quality, impact, and reach of their programs.

The weighted rankings are as follows:

1. Improving learning effectiveness2. Expanding library of content and training programs3. Consistency of service delivery across a global organization4. Reducing development cycle times5. Increasing product knowledge amongst customers6. Reducing development costs7. Global adoption of existing programs8. Addressing region-specific cultural issues and expectations

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GLOBAL TRAINING AND DEVELOPMENT TRENDS IN 2014

What is your target audience for training content?

Serving internal and external customers. Over 80% of participants identified employees as their target audience for training content, with 28% identifying Sales and 15% identifying HR as distinct target groups. Customers were cited by 35% of respondents as additional learning consumers, along with Other (12%).

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Well-designed eLearning - a great tool increases learner’s intention

and engagement

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IBI’S SERVICES

eLearning ESL eTests Corporate training

eLearning services

• eClasses• eConversations

• TOEIC based • Construction• Engineering

• ESL • Business

• Curriculum development• Custom eLearning

Solutions

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