Why Integrate an eLearning Platform in Your Business?
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tudies have long proven that providing training to your team has many positive returns, including higher retention rates, higher happiness scores, and work efficiency. Nowadays, as many organizations of all sizes undergo digital transformation, they are beginning to see the advantages of replacing their traditional model of Learning and Development (L&D) with modern eLearning solutions that include both synchronous and asynchronous activities as well as a learning management system (LMS), with less reliance on in-person or solely Instruction-Led types of training.
One of the main advantages that companies seek when investing in training programs is to maximize their ROI because a well-trained workforce will help generate more revenue. So what are the benefits that companies get from maximizing their training effectiveness and migrating to more eLearning solutions.
Reduces training costs
Although there may be an initial investment involved, the upkeep costs of an online training platform are minimal when compared to traditional face-to-face employee development.
Also, there is no longer the need to cover the costs of sourcing trainers, printing materials, reserving a meeting room, commuting, and other commodities since all the information the employee will need can be found on the LMS and can be accessed anytime, anywhere, and on any device due to its responsiveness.
Saves time
Face-to-face training often consumes a lot of both the trainers’ and employees’ time. The trainer must first collect all the information and material needed, schedule a time for delivering the training that would suit all the participants, deliver the training while making sure that there are no unnecessary interruptions, and finally think of a way to monitor the employees’ performance. While if you plan your material to be self-paced on a platform, you save plenty of time spent on organizing, booking, and delivering the training.
Furthermore, employees have the flexibility to take the training at their own time without interfering with other important tasks and even from the comfort of their own desk, or maybe couch sipping on their favorite drink!
Allows for more learner-centric learning strategies
It is important to give the employees the opportunity to learn at their own pace through asynchronous online training. But an LMS also allows for a synchronous environment, which means that trainers can include synchronous activities or full trainings when the subject or target learner requires it.
Another important point is the fact that the learning can be personalized and geared to each person to fit not only their level of knowledge but also how they prefer to learn. So, instead of giving everyone the same training, you can customize the learning experience to fit the learner needs.
Easy to manage the courses
An eLearning platform makes it easier for the trainer to manage the content, upgrade it, remove outdated information, and replace old tools with new ones. It also provides a space to communicate with employees and have them upload their assignments on the platform without the need to use other platforms for this purpose. Everything is stored in one place. There is also no need for back-and-forth emails and reminders or having data saved here and there. An eLearning platform is an effective way of organizing information and storing data. Content can also be easily updated if needed…whichbrings us to our next point.
Easy access to evergreen content
As we previously mentioned, all content is stored in one place. This makes it easier for both trainers and employees to access and go over information as many times as needed and whenever needed. This is one benefit of having evergreen content. It’s true that the key to evergreen content is to ensure that it’ll be useful, interesting and relevant to your readers for a long time, but it can also be easily updated to be relevant with modern changes, and this can be transmitted to learners without having to do a new whole training from scratch. Employees who are given the opportunity to constantly learn and grow and be up to date are better able to add more value to their roles and organization as a whole.
More immersive learning experiences
It is very important to keep your employees engaged and trigger their curiosity to learn. An eLearning program enables the learner to choose his or her preferred method of learning, with the use of multimedia drives engagement and greater learning outcomes, and the inclusion of discussion forums, chatting tools, and interactive activities encourage collaboration and interactivity amongst team members.
Engaged learners retain more knowledge and can remember the things that they learn and apply them when required.
Accurately monitor employee’s performance
To make sure that your company is maximizing its ROI, it is important to keep a closer look at your employees’ behavioral change. Continuous tracking of the learning progress enables you to analyze the effectiveness of the training. eLearning can give you deeper and more precise information about retention and application for a long time after the training. Assessments are one way to view the learning impact. But monitoring their progress quarterly will help you understand if there has been an improvement in the employees’ productivity and efficiency.
In order to make the best out of your eLearning ROI, your organization will have to focus on creating learning content that is learner-centric: meets the learning requirements of the employees and at the same time maintains the interest level of the learners. Always make sure that the content you deliver, whether synchronous or asynchronous, is immersive, accessible, responsive and gives your employees equal access to education and self-improvement opportunities. This will also improve your employees’ behavior and work efficiency, and give you positive and promising results when monitoring their progress whether in the short or long run.
