Why Choose E-Training?
E-training keeps proving its value
There is growing pressure on training departments to provide a clear return
on investment for workplace training, and traditional programs are just not
filling the bill.
E-learning can
automatically track and record an employee’s progress and allow managers and
supervisors to pull reports and check progress.
Like any training, e-learning works best when goals are set and carefully
measured. In our experience, it also works best when combined with personal
interaction in a group setting. It's not a panacea, but companies everywhere are
saying this new media is an effective − and cost effective − way to make a
difference in your workplace.
Benefits of E-Training at a Glance
When comparing e-learning with conventional training methods, clients describe these benefits:
- Improved accessibility - at the time, place and pace that suit the learner
best.
- Enhanced assessment of learning effectiveness through integrated tests
assessments, assignments and automated record-keeping.
- Simplified logistics; physical resources such as
CD-ROMs, cassettes, books and conventional classrooms are eliminated.
- Complete consistency and no problems with differing versions, since all content
is updated centrally.
- Improved performance. Learners climb the learning curve and become
productive more quickly.
- The use of hyperlinks, archived information, the entire Web, peer comments,
and exercises etc. offers a wealth of learning experiences that are impossible
in other learning environments.
- Technology-based solutions allow more room for individual differences in
learning styles. Learners who have more control over their learning process and
can better understand the material have a 60% faster learning curve, compared
to instructor-led training.
- The delivery of content in smaller "chunks" contributes to a more lasting
learning effect.
- Students taking an online course enter a risk-free environment where they can
try new things and make mistakes in private, especially valuable when
trying to learn soft skills like leadership and decision-making. A good
learning program shows the consequences of students' actions and where/why they
went wrong. After a failure, students can go back and try again, eliminating the embarrassment of failure in front of a group.
The ROI for E-training
Training Magazine reports companies save from 50-70% when
they replace instructor-led training with electronic content delivery. Opting for
e-learning also means shorter sessions, sessions that can be spread
out over several days or weeks so the business doesn't lose an employee
for days at a time.
Employees prefer e-learning. That's the message of a 2005 survey of 1,200
companies by recruitment firm Chandler Macleod.
Here are some bottom line savings:
- Cisco Systems saves at least $240 million annually from its education budget by
using e-training; executives figure that per student, the company saves $12,000
it would have to spend to send each employee to four classes a year, with travel
to half of the courses -- and that number doesn't include lost-opportunity
costs.
- Oracle estimates that e-Learning saves the firm $100 million a year.
- Barclays Bank saved an estimated $1.5 million by moving its leadership
development program online. Over 1,600 days of leadership training were
delivered via the Internet in 2004.
For more information about purchasing our e-courses for your company, please contact us at
training@WFCResources.com or on our toll free number 1-800 487-7898.
Individuals may register online for any of our e-learning courses by going to
our Online Store and choosing
the appropriate courses from the sidebar on the left. |