increasing productivity through e-learning
TRANSCRIPT
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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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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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