The Benefits of eLearning in SMEs and multi-national companies have increased due to the digital revolution. We have experienced over the past twenty years a huge increase in accessible technology, requirements for instant access to information, and in the pace of change across virtually work environments.
The need to learn fast and regularly has never been greater. eLearning has been born out of a combination of these factors and plays an important role in how we learn. We are now in a place where eLearning can complete in terms of speed to development, cost and the transfer of learning than some traditional methods.
Of course, this all depends on what we want our employees or members to learn, to what level and who exactly will be learning.
Let’s take a brief run through of some of the main benefits of eLearning:
1. Cost & Time Saving
With no need for travel or accommodation costs and reduced training times, eLearning can immediately save you money and time. This cost-effectiveness also helps to enhance the organisation’s profitability. Check out the story on IBM’s use of e-learning, it saves them €350 million every year.
2. Effective Learning
eLearning courses make it easy to learn and digest content. This means that learners have improved scores on tests and a greater ability to apply the new knowledge on the job. We always advise not to think of eLearning as a single tool. Blended learning, combines a number of learning interventions together to achieve the best result.
3. Flexibility
Employees can enjoy the flexibility to learn whenever and when it suits their work schedules. Production and service can continue without having to schedule a bunch of your team to take training at the same time. The training can work around the business needs and not the other way around. People tend to like the opportunity to engage with personalised learning where they can take it at a pace they are comfortable with and at a time that suits their workload and energy levels.
4. Measurable Data
If you are using a Learning Management System, such as Course Dock, you can track learner progress in real-time. This is a great feature for managers to review employee engagement with the learning and use the data to improve the learning strategy.
5. Retention
eLearning improve the retention of knowledge by using a number of features that best suit the content in question. By using Interactive design, we ensure that the learners are in an active mental state, making choices as they navigate through the content. Animation and video can bring subjects to life, while knowledge checks and scenarios can ensure practical implementation.
If you want to learn more about what eLearning can do for you or your company please contact us and see what we can do to help.