Businesses can save at least 50% when they replace traditional instructor-based training with e-learning.
Digital Learning has disrupted & transformed the landscape of learning and development for good.
When compared to conventional classroom learning there are 5 key benefits for investing in Digital Learning.
People Prefer it
Simply More Effective
It Cuts Costs
1. People Prefer it
When given a choice, people want learning that's personalised and in the palm of their hands. It enables and empowers them to put learning into practice straight away.
The Digital Revolution has triggered tremendous change in terms of how people access, share and engage with content. Through always on devices, they are turning to technology for convenience and connectivity. The recent report from Towards Maturity
sheds light on what motivates learners to invest in online learning and where and how they prefer to learn. It highlights that when offered a choice, people prefer personalised, relevant and self paced learning on the move or at the point of need.
70% of L&D are not proactive in understanding how individuals in their organisations learn. If it's time for change get in touch or check out the insights from the Towards Maturity report here
2. Simply More Effective
The most powerful benefit of Digital Learning is that it enables the organisation to capture and conserve knowledge in a single place that can be continuously built on and accessed by anyone, anytime and anywhere.
Digital Learning is simply more effective for organisations and the people who work in them.
Firstly From and organisation perspective our learning modules are always built around our clients key learning objectives and desired outcomes. Getting this right drives performance, productivity and profits.
Secondly our digital modules are more effective for learners as they create greater engagement & memorability. This results in better retention, better test scores, a better attitude towards learning and a greater ability to apply knowledge on the job.
The Research Institute of America, found that the e-learning experience increases the retention rate of learners by anywhere between 25-60% - Research by W.R Hambrecht & Co 2001.
3.It Cuts Costs
As an industry rule-of-thumb, a 4 hour conventional classroom session translates into about 1 hour of e-learning.
Because of the speed and ease in which e-learning is accessed the costs of learning and development for organisations is drastically reduced....particularly if you have a large workforce located across multiple sites in different countries.
Think about cutting the costs of traditional training and external trainers. Eliminating the duplication of courses across multiple sites. Removing the travel & accommodation costs of getting people there. Reducing the admin hassle & complexity of organising courses. Streamlining the management and monitoring of learning across divisions and the organisation as a whole...are all factors that reduce cost and improve Return on Investment. British Telecom is a great example of this delivering e-Business training to 23,000 employees in three months at a cost of £5.9m compared to £17.8m and a five year time span for conventional classroom training (Evans, 2013)
4. Faster Delivery
In a time where speed is a competitive advantage, fast tracking learning through speedier delivery gives organisations an edge.
The time is takes to learn is dramatically reduced which results in faster absorption of information and up skilling of staff. Research from Rosenberg demonstrates that e-Learning can take between 25-60% less time to convey the same amount of information or instruction than in a classroom.
E-learning cuts down on the training costs because:
- learning time is compressed, meaning a lot more information can be absorbed
- a lot less time is required to commence and conclude training sessions
- learners can control their own pace, without distractions or interruptions from others
- a lot less time & hassle with reduced travel time & costs to get to training sessions
- learners can focus on the areas they need and fast forward past areas they already know
- capacity is unlimited and learners can continuously come back to the training to brush up on skills
5. Environmentally Friendly
Think about the massive cost and duplication that's required to roll out traditional classroom based training throughout a multi-national organisation. Research by Ken Blanchard in 2014 indicated that online training drastically reduced the impact on the environment due to reduced travel & administration...consuming up to 90% less energy and 85% CO2 emissions Vs traditional training courses. The biggest benefit is that Digital Learning enables you to migrate all your Learning & Development content from hard copy to the cloud...thereby significantly reducing admin costs and impact on the environment.