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ELearning Advantages -
What are they?
Focus: Return on Investment for eLearning
At this stage many cost efficiencies are obvious - administration, training product distribution, plus employee upskilling.
However, what is becoming clear is while the real advantages are more long term, when continuous elearning is just part of the job and the software and internet have become ubiquitous.
Right now, there are impediments to corporate training sectors that are slowing things down.
One is the reluctance of many senior academics to endorse wholeheartedly the full integration of online learning. Technophobia, fear of losing control of their intellectual property, fear of being made redundant, or just a firm belief that computer based training can not replicate the value they bring in a face to face classroom. Much of this latter belief is subjective, as not all teachers are good teachers and learners absorb much of their information through self study already.
Secondly, in the corporate training industry long term ROI is very hard to sell to controllers of tightening marketing budgets when all team performance is measured on quarterly outputs. That is also counter-productive to innovation.
So, what needs to change?
Current knowledge holders have a unique opportunity in the evolution of education to become leaders in the widest transfer of knowledge our industries have ever seen.
Our reality is one in which technology will continue to improve in all aspects of communication transfer. There are so many niche opportunities available at this stage.
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ROI & Metrics - Ray Cross - Internet Time.com
Measuring ROI on Training CIO Mellon financial >CIO.com Feb 2001
Determine Training Return-on-Investment (ROI) Ron Kurtus (25 January 2001)
Assessing the ROI of Training - Clive Shepherd
If people really are your greatest asset, isn't it time to look at your training programmes as investments in your organisation's human capital.
A New Methodology for Evaluation: The Pedagogical Rating of Online Courses
> January 2002 > Syllabus.com
It never fails to amaze me, that when times get tight and we all need to be performing harder, sharper, faster than ever before...the first thing they cut is the training budget!
Does it not stand to reason that fresh input of ideas could help productivity/sales/profit?
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