E-learning is a rapidly expanding trend throughout the Learning and Development (L&D) world. Companies and educational institutions of all shapes and sizes are beginning to embrace online technologies to deliver effective educational content to their learners. There are many different reasons for doing so. Yet, no matter what the reasons are behind an organization’s decision to migrate to e-learning, the benefits simply cannot be understated.
Now that e-learning is becoming increasingly established as an effective training and educational tactic, we are slowly starting to see its full impact and benefits. If your organization is thinking of switching to e-learning, just remember the five key benefits discussed in this blog post. No matter the size of your organization or what industry you’re operating in, you’re virtually guaranteed to reap these benefits once you switch to an e-learning strategy.
1. Cheaper and faster
As mentioned above, saving money has often been cited as a main motivation for organizations to switch to an e-learning model. That’s hardly surprising considering the vast savings that an effective e-learning system can provide. This is particularly true for larger organizations with thousands of employees needing to be trained, often spread out in multiple locations around the world.
E-learning is usually much cheaper than classroom-style training. L&D and training staff have more time to devote to more strategic tasks instead of organizing face-to-face training events. There’s also no longer any need for companies to provide facilities full of workstations and printed materials for their trainees when all the content can easily be made available to learners on the comfort of their own devices.
2. The perfect education solution for the millennial workforce
Millennials are quickly becoming the majority in the workforce. These are highly computer literate young professionals who expect to have easy access to knowledge whenever they need it. Their desire for fast information has already made a huge impact on our culture. Just think of how many times you’ve turned to Google or Wikipedia to find the answer to a nagging question – it’s a very “millennial” thing to do.
E-learning is a perfect match for millennial work culture because it caters to the need for quick, on-demand information. It’s also fully compatible with bring-your-own-device (BYOD) culture, because it encourages learners to access training content on their mobile devices. This is why it’s important to use e-learning technology that is “always on” and fully mobile-compatible.
3. Better education outcome
It’s not just cheaper, e-learning also delivers better learning outcomes. There are multiple reasons for this. First, since e-learning content can be made available to learners on-demand, they’re likely to use it intuitively, whenever they need it on the job. They’ll view educational material as a useful resource rather than an interruption to their normal workflow.
Second, e-learning content is far easier to keep up-to-date. There’s no need to re-design an entire training course or re-write and print a new employee handbook. Now, updates can be made in real time, so the learning content is always in tune with real working conditions.
Third, e-learning is more engaging. That’s because it’s interactive and fun, but also because learners can clearly see the relevance of a resource that’s available to them exactly when/where they need it. This helps them to learn by doing, which is the most effective way of acquiring new skills.
4. E-learning makes it easier to track education results
Since learning takes place in a digital environment, it’s easier to track key metrics. Modern knowledge sharing platforms track how well learners perform on assignments and tests, but also show which resources learners use most. This data allows L&D to identify trends and make strategic changes whenever necessary. It’s a faster, more responsive way of teaching, and it doesn’t take up lots of time reviewing exams or written assignments.
5. Expand your reach as an educator
In the old days, a trainer could only reach as many people as could fit in the classroom at a time. Now, training material can be quickly published on an online knowledge sharing platform, instantly reaching an infinite number of learners, anywhere in the world. Learners themselves are no longer bound to the classroom but can access the content anytime. For large, widespread organizations, this is a lifesaver. Considering the increasing need for fast training, and the lack of budget for extensive training activities, there’s really no better education solution than a well-organized e-learning system.