Why is the corporate world excited about eLearning? Print E-mail
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The drivers for the eLearning fall into two major categories: economic, and corporate. In the knowledge era, however, these two are very entwined. 

Corporations face escalating competition, shrinking corporate resources, maturing markets and rapid shifts in technology. Recruitment and retention of a steady talent pool are still steper challenges. A corporate has only one resource its competitors cannot replicate completely — its human resource. 

The Objectives of eLearning in the Corporate Context are

  • Fast, effective deployment of mission-critical knowledge
  • Well-trained and up-to-date workforce
  • Cost-efficient learning to geographically dispersed learners
  • Phenomenal growth
  • Knowledge on Demand
  • Beyond employees the learning initiative, these days definitely stretches to the corporate’s community of customers, suppliers, partners, etc. This deployment of learning in alignment with business objectives gives an organization the competitive edge in this knowledge-driven economy.
 

The return on investment in eLearning initiatives is realized through: 

  • Improved productivity from well-trained employees and their perpetual readiness
  • Improved profitability from partners, franchises/ distributors
  • Improved quality (less scrap work, less waste, less rework of products, fewer defects)
  • Better R&D and QC
  • Less time-to-market
  • Reduced travel cost and time spent away from work for training staff
  • Increased customer satisfaction due to a consistent sales message resulting in better understanding of product capabilities by customers
  • Increased employee satisfaction and integrity
 
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