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Why Should Companies Invest in e-Learning?

e-Learning has the potential to bring positive impacts to the business that are significant for success.

 

Every enterprise has certain business goals in terms of revenue & profits, and market & product leadership. But achieving such goals in an enterprise, primarily depends on the people at the organisation and their performance and productivity.

Employees are the foundation of every organization. To achieve success, organizations are trying hard to train & upskill the existing employees so that everyone can perform their best and increase overall productivity.

This is where the self-paced and standardized e-Learning programs for enterprises come into the play. Thanks to smartphones, 4G connectivity, and improvements in education technology, eLearning today is simple to use and more effective than traditional instructor-led trainings.

According to a recent survey, 77% of US companies prefer investing in e-Learning as a part of their learning & development program. They believe offering online training is a great way to improve the knowledge & skills of employees, which would then directly contribute to the success of the organization.

In simple words, investing in e-Learning is all about investing in your own company, which ensures sustainability in the long run.

 

What is e-Learning?

e-Learning or online learning in an enterprise setting basically defines the process of professional employee development using the power of digital technology to learn at their own time and pace. An effective e-Learning program is always designed & developed with company’s business goals and objectives in mind, which then ensures a successful learning campaign and justifies the investment.

Using cloud-based learning management systems, enterprises translate their desired business outcomes into learning objectives, and then into online training curriculums for the convenience of employees. In this way, companies not only work towards their goals more effectively, but also help employees in learning new skills & staying employable in today’s changing industry scenarios. 

It has been observed that companies, who have adopted e-Learning practices in recent years, are doing much better than their competitors and achieving new heights in businesses.

Indeed, e-Learning helps business organizations in achieving goals that are significant for success.

 

How e-Learning impacts a business?

To understand what are the benefits of e-Learning for enterprises, let’s have a look at the following points in brief.

  • Employees learn & engage better

e-Learning solves one of the biggest challenges of employees, i.e. to remember what they’ve learned after the training is over. With features like social learning, gamification, and quizzes, ; e-Learning helps employees in retaining more knowledge, increases their learning intensity, and keeps them engaged in the learning process by making them part of a community .

As a result, employees become more productive and efficient at their jobs.

 

  • Competitive advantage

Employees being more productive and satisfied with the online learning programs become better at their work, and are less likely to quit the organization. The happy and confident employees then contribute their best efforts and help the company to fulfil its business goals and stand out as an industry leader.

Did you know: 72% of corporate enterprises believe e-Learning provided them a competitive advantage.

 

  • Reduced cost & Increased ROI

Companies who invest in e-Learning, save a minimum of 50% expenses on instructor, travel, accommodation, and training equipment. Not only cost reduction, but the companies also witness an increase in ROI as employees provide optimum performance after taking up the e-Learning programs.

So, when budget is a constraint, it’s wise to adopt the e-Learning trend and save money.

 

  • Flexibility to deploy content immediately

On an online learning platform, content or courses are created on-the-go. Depending on employees learning needs or company’s new policy, e-Learning programs can also be modified & updated easily without any hassle as they give a flexible access to the dashboard. 

If you are looking forward to investing in e-Learning programs for the betterment of your employees’ skills, contact us and get a live demo scheduled.

 

Want to read a case study on how blended learning helped an insurance provider in meeting their training goals?

Download the case study that covers how Etiqa Insurance, a leading insurance provider, leveraged blended learning in their organisation to enable their agent workforce.

Blended Learning in Insurance

Enterprise

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