eLearning is so broad and encompassing that it’s hard to articulate a brief definition that actually does the term justice. There may be other slightly different definitions, but we define eLearning as:
“The use of any electronic technology to aid in the acquisition and development of knowledge and understanding in order to demonstrable and positively influence behaviors.”
What are the Benefits eLearning?
As budgets become tighter and tighter the mission of the training department to bring the best quality education to people all over the globe has not changed. We must adapt to the changing financial and market pressures around us. eLearning can help us adapt while controlling costs, increasing quality and modernizing the workforce.
While the initial cost of developing an eLearning course can be significantly higher than that of traditional training this expense is more than offset by the savings in implementation and delivery of the course. This is especially true when the course is to be delivered to a large and geographically diverse group of people.
Saves time without sacrificing quality
Hundreds of independent studies have shown that eLearning has yielded time savings of 35-45% over traditional classroom instruction while obtaining equivalent or better gains in education. In fact, compression of training time has the most visible impact on ROI by not only providing savings in wages spent on training, but also savings in opportunity costs for sales people and other top producers.
Minimizes travel cost
Most companies have realized that travel and entertainment (T&E) make up the bulk of their training costs. Numerous studies have shown that eLearning can cut the travel and entertainment cost associated with training by at least 50%. Other studies have shown that if implemented properly these costs can be reduced by at least 80%.
Better Suited for Geographically Diverse Employees
eLearning is flexible. It is self-paced and can occur any time and any place. As such, it is ideally suited for training employees who are dispersed globally. eLearning is easily modified (especially Web delivered content) thus making it more adaptable for translation and change of content for different cultures and languages.
Provides More Consistent Course Delivery
Just like a live performance, classroom training is slightly different each time it is given; Instructors vary the way they present material each time they give a particular class. eLearning is like a taped or recorded performance. No matter how many times the class or learning module is presented it will not change or vary. This leads to very consistent delivery of material that is not possible in a traditional classroom approach. This makes it ideal for compliance training.
Offer More Individualized Instruction
Learners have the ability to learn at their own pace and at times that are convenient for their schedule. In addition, they have the ability to skip around through the content and pick and choose what is important for their job or what they feel they are lacking education wise. They no longer need to sit through hours of classroom lecture to pick up the one or two concepts they happen to be lacking.