“An investment in knowledge pays the best interest.”
– Benjamin Franklin.
E-learning has established itself as the next big thing. Over 40% of the world’s biggest companies use it for multiple purposes to support their staff. It is just a matter of time before small and medium-sized enterprises will discover the value of E-learning for their organizations.
Because most of all, E-learning, delivered in the right way, is flexible and efficient.
With the entire power of learning in the hands of learners, online platforms have revolutionized the way teaching and learning occur. Not only has it led to profitable businesses but also to knowledgeable, efficient employees, and skilled students who contribute immensely to achieving their own goals as well as those of the organization.
In a rapidly evolving world, continuous learning has become the best way to adapt to changes. Educational institutions and companies are moving away from the traditional brick-and-mortar learning system to faster and more efficient E-learning.
I’d like to give a couple of reasons why you should invest in E-learning if you haven’t done so already.
- Achieving Organizational & Personal Goals: The convenience of imparting and absorbing knowledge through E-learning platforms helps achieving personal as well as organizational goals. In 2018, 65% of European millennials opted for jobs that provided them with personal and professional development opportunities.
- Knowledge Retention: With the ease of accessibility at any given time, students experience E-learning as interactive. Tools like quizzes and surveys that you can add directly to a course help them with visual memorization and long-term retention. They can easily revisit previous classes and concepts and thus update themselves. In the traditional model of learning, retention rates are as low as 10%, while with E-learning retention rates have gone up to 60%, according to the Research Institute of America.
- Improved Productivity: E-learning, especially in a corporate scenario, aids in improving the productivity of employees. Online courses and training programs are often short sessions, saving time and reducing absence from work. Employees become more efficient, better trained, and more knowledgeable. This increases the ability to absorb knowledge from different channels. On the other hand, self-study combined with E-learning is also on the rise, multiplying by multi-folds in recent years.
- Cost Saving: At least 26% of companies have already seen a decrease in costs after transitioning to E-learning. The initial investment in E-learning and the upkeep costs in the long run are minimal, thus giving you profitable returns in terms of career growth.
- Easily Accessible: With E-learning content is easily accessible at a click, through computers, laptops and smartphones. Employees can find high-quality content in the form of written notes, videos, infographics, and other curated information. Students get the huge advantage of learning according to their own timetables and in their own pace.
If you would like to learn more, feel free to contact us for a creative brainstorm!