When considering how to best train your staff there are many variables. E-learning allows you to maximize learning time, minimize learning costs and provide a quality training experience. Furthermore, you can develop your staff’s learning personally, with some providers offering customizable e-learning programs. This ability equips you with the chance to truly develop your company and invest in the future.
Optimize Your Training
Regardless of the number of staff you have or what your training needs might be, there is a range of benefits to choosing a custom e-learning program. If you’re planning on converting to online training for your staff, it would be wise not to miss the opportunity to do it from the ground up. This article will explain five of the key benefits of customized e-learning and how they can help optimize your training and business.
Emphasize Your Subject
Instead of the pre-made online courses that cover a wide range of subjects and skills, a custom e-learning program caters to the specific needs of your employees. This allows you to streamline your training, and emphasize those key areas that you feel are critical to your business. A customized e-learning program is likely to be more complicated, so make sure you understand exactly which areas you need to cover, and what your staff feel would help them most.
Flexible
Custom courses have no restriction as to where or when they can be accessed. This bestows limitless opportunities for performance development and cuts all travel costs to a minimum. Most courses will allow learners to obtain information quickly and conveniently through scenarios and multimedia interactions. For instance, you could use a custom e-learning course to keep mobile teams up to date on how to close or complete sales.
Personalized
Alex Edmans, MIT Sloan School of Management, proved that employee engagement improves company performance. He observed the financial performance of company stocks with engaged employees over a seven year period and found that their stocks earned more than double the average market return. By investing in a personalized training program you are engaging your employees on a one-on-one basis. This helps them feel connected to their employer and training.
Quality of Training
WR Hambrecht + Co found that while the average content retention rate of an instructor-led class is 58 percent, the more intensive e-learning experience can enhance that retention rate by 25 to 60 percent. This means that your custom e-learning program actually provides a higher quality of training at the same time as being more convenient and reducing logistical costs.
Brand Integration
Finally, your custom training course allows you to effectively integrate your brand and your employees. This has the benefit of making your staff feel further invested in the company. According to the National Research Business Institute, 23 percent of employees quit because of a lack of development and training. Urging your staff to get involved with building your brand (via branded training programs) will encourage employees not to move on, as well as develop a strong work ethic within your workforce.
While your company can profit from e-learning solutions, it is clear that a customized program offers a service that is ever increasing in value. It offers a direct employee performance increase while providing long term benefits for your company’s brand. If you value an integrated and flexible workforce, then investing in a customized training program is your next step to success.