Why elearning?

© 2013 Skillsoft Ireland Limited


Why Elearning?A Smart Answer to the Global Talent Crisis

© 2013 Skillsoft Ireland Limited 2

Agenda

Why Learning? Investments in learning impact business performance

Why eLearning? Technology enabled learning is essential to compete

Why Now? The workplace and talent pool are rapidly changing


Why learning?


The world has changed; there is no more “business-as-usual” due to the economic strain of the past few years.

According to the McKinsey Global Institute, there will be a severe gap in talent due to the 360 million workers who will retire from the global labor force by 2030.

This leaves you with talent gaps and the need for a skilled workforce that only comes with a solid learning program.

The global work place is facing an unprecedented talent imperative. Are you prepared?”

New normal


During this turning point, learning investments have been proven to accelerate performance.

Learning fuels adaptability and innovation. Learning improves engagement and retention. Learning is simply good for business.

New normal


Learning supports an agile workforce.

Learning addresses talent shortages.

Learning is the building block between a skilled workforce and positive business outcomes.

New normal – doing more with less


Organizations with strong learning cultures significantly outperform their peers:

Expert Findings

Source: Bersin & Associates, Building a Borderless Workplace: Predictions for 2011 Copyright © 2010 Bersin & Associates. All Rights Reserved.

MA

RK

ET

SH

AR

E 17% more likely to be the market leader

AG

ILIT

Y 58% more prepared to meet future demands

QU

ALI

TY 26%

greater ability to deliver quality products

EF

FIC

IEN

CY 37%

greater employee productivity

INN

OV

AT

ION 46%

more likely to be first to market


Why elearning?


Technology enabled learning makes sense

Feature Benefit

EfficientCapable of teaching the same material in less time and reducing the duration of class time

Adaptable Addresses both formal and informal learning needs

Available No need to schedule learning with a 24x7x365 solution

Scalable Reaches more employees faster and with greater consistency

Effective Found to be as effective as face-to-face learning*

Economical Cost -effective for any size audience

*U.S. Department of Education, Office of Planning, Evaluation, and Policy Development, Evaluation of Evidence-Based Practices in Online Learning: A Meta-Analysis and Review of Online Learning Studies, Washington, D.C., 2009, revised 2010.


“To match employees' working environment, learning leaders may have to modify classroom development and think ahead to where else content will be accessed and

on what device.”CLO Magazine, February 2013

“Microlearning”


Microlearning according to CLO

Adapted with permission by CLO Magazine.

Minor Negligible Minor Moderate

Increased Decreased

Self-pased e-learning

Instructor-led e-learning

Simulations

Video (online or broadcast)

Formal on-the-job

Other

“Disconnected” technology-based learning

Text-based training

Classroom-based ILT


If organizations had not consistently made technologyinvestments, how would that have impacted their abilityto compete?

Invest to compete


Why now?


Six forces to change the learning landscape

Force Outcome

1. Leadership Builds capable vision

2. Social learning Expands networks

3. Performance Achieves more with less

4. Mobile Learning Puts intelligence on tap

5. The cloud Virtualizes operations

6. Mobilization Advances worldwide agenda


1. Leadership2. Social Learning3. Performance4. Mobile Learning5. The Cloud6. Globalization

Failure to embrace these forces could stall business performance.

With Skillsoft, you can address each one.

Embrace the 6 forces to propel your organization forward


Think. Research. Contact us.

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Why elearning?

Education

Transcript of Why elearning?