Learning has evolved through the times. The internet has revolutionized the way learning is executed, whether it’s the medium or the message. Below are some hard facts to persuade you to use a learning management system for your organization.
With e-Learning, students have more control over their learning process and can better understand the material, leading to a 60% faster learning curve, compared to instructor-led training. (Facts, Figures and Forces Behind e-Learning – August, 2000)- e-Learning is good for the environment. Britain’s Open University’s study found that producing and providing eLearning courses consumes an average of 90% less energy and produces 85% fewer CO2 emissions per student than conventional face-to-face courses. (Knowledge Direct Web)
- Learning Technologies are boosting agility. 35% improvement in time competency, 32% faster roll out of new IT systems, 32% improvement in ability to introduce new products and services, 26% overall cost saving. (Towards Maturity Report, 2012)
- e-Learning can help companies boost productivity by 50%. Every $1 spent in eLearning results in $30 of productivity. (The Value of Training- IBM Report)
- Organizations with strong learning culture significantly outperform their peers. 46% more likely to be first to market, 37% greater employee productivity, 34% better response to customer needs, 26% greater ability to deliver “quality products”, 58% more prepared to meet future deman, 17% more likely to be market share leader. (Bersin & Associates, 2012)
Companies that use online learning technology achieve an 18% boost in employee engagement. This way, as you increase job satisfaction and engagement among your employees, the overall health of your organization also improves. (Article: 3 Reasons to Implement eLearning in Your Organization, 2013)
It is inevitable that businesses need to be online to stay afloat. It will just take some time get through. Implementing an effective e-Learning course can be time consuming, let us help you. Click here to inquire now.