Wednesday, March 3, 2010

e-learning: invest wisely

I don’t know about your organization, but January can justifiably be called the dead month in ours – usually.

This year was different. We had the busiest January on record – a huge surprise to me, considering the state of the economy and, more importantly, the state of most business owners’ outlook on the economy.

What’s going on? It’s simple: e-learning is hot.

When I read that exact same opening line in my favorite e-learning blog, I thought, “It isn’t just at our company – e-learning is hot all over. Who knew?!”

This blog’s author is my favorite for a good reason: he writes clearly and concisely, with lots of illustrations and examples. That’s why today, I’m sharing his content verbatim, with a link to his full blog at the bottom.

E-learning is hot. And for good reason. If done right, it can produce great results by decreasing costs and improving performance. Also, unlike a one time classroom session, the elearning course is available for others. This includes the static elearning course as well as any ongoing conversations in networked communities.

E-learning Supports the Organization’s Goals
  • Improved training costs. Producing learning content is time consuming whether it’s online or not. With elearning, each time the course is accessed your return on investment improves because you are dividing the fixed production costs by number of uses. You also have savings through decreased travel, reduced material, and hopefully improved (and more efficient) performance.
  • Decreased material costs. Let’s say you have to train how to arrange equipment in a sterile environment like an operating room. If you had to use the real environment, it would be costly. Even setting up a fake environment has material costs and labor. By creating the environment online and letting the learner practice, you never have to worry about the costs associated with set up, use, and clean up.
  • Increased productivity. Because elearning is not bound by geography or time, you can control training’s impact on production by training people during down times. In addition, with the current economy, you’re asking people to do more with less. So elearning is a great way to give them the tools and skills needed to enhance their performance.
  • Standardization. You may have a great facilitator, but that’s no guarantee that the courses are presented the same across sessions. Elearning allows you to create a standardized process and consistency in the delivery of content. It also compresses delivery time. I’ve combined elearning courses with facilitated sessions. Elearning delivered consistent content. Live sessions were interactive case studies that applied the information. 
Want to learn more about the benefits of e-learning? Read the full article at the articulate blog.