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Digital learning is revolutionizing the way businesses work. More specifically, it is changing the way they train employees.
|How to an Online Corporate Training Program|
|What is Online Corporate Training?|
|Building Your Online Corporate Training Strategy|
|What’s your plan?|
According to research conducted by Technavio, the market for online corporate training is going through a stable growth and it is predicted that by 2020, there is going to be at a compounded annual growth of 11%.
In a modern and digitalized world where time and productivity are often equivalent to money, businesses around the globe are purposefully looking for better and more efficient ways to train and educate their employees, while improving their business development strategies.
The best way to do this is through digital learning.
It offers the most cost-effective and quickest way to transfer knowledge.
Before moving forward, if you are a business looking for an LMS for online corporate training, you can schedule a demo with us to better understand what LearnWorlds has to offer or explore our platform with a free trial.
Moving forward, here’s all you need to know about online corporate training…
What is Online Corporate Training?
Online corporate training is the type of training that is accessed and delivered over the internet for business development purposes.
Organizations are choosing to adopt online corporate training solutions to ensure that their employees have the essential skills they need to carry out their jobs effectively, enabling this way the business to evolve and develop.
The Benefits of Online Corporate Training
For those organizations that are seizing the power of online corporate training, results are profound. A study by IBM showed that every $1 spent on online learning, a company gains $30 worth of productivity. This is great news for enterprises of any industry and size.
The benefits of moving the offline classroom to an online one for delivering corporate training courses are a lot. Some of them are obvious, while others are not.
Shift eLearning offers insightful data on the advantages of online corporate training including the following:
What most organizations are doing is bridging their employee training gaps through the induction of an online learning management system – also known as LMS, into their corporate training program. Sometimes they do this as part of their existing corporate training program.
In quest of finding the best corporate training platform though, not just any software will do. The online training system you are using should accommodate your employees’ needs and your business goals for the long term.
In short, you will need to have a corporate learning strategy in place.
Building Your Online Corporate Training Strategy
Your online corporate training program needs to follow a solid plan. Come up with one while going through the following steps:
|Steps to Build Corporate Training|
|Step 1: Prepare Learning Goals and Create Content|
|Step 2: Choose the Best Online Training Software|
|Step 3: Collect User Feedback|
Step 1: Prepare Learning Goals and Create Content
Set up your employee training goals using the following ideas to guide your thinking:
Employee Training Requirements
Identify your employees’ needs and knowledge gaps through appraisals and contact with the human resources department. Think about how you are going to help them acquire new skills to meet your training targets.
While you should expect some training areas to be common for everyone (or per department), you need to think about the learning journey of each employee carefully.
Figure out what the training content will include and define your learning goals for each training session. Then, design your training materials to match your learning activities.
Finally, think about how interactive you are going to need your learning content to be. The level of interactivity is enhanced through the use of multimedia – the ability to create presentations, embed audio, video, text and images as part of your training course.
An example of how interactive video works on LearnWorlds:
To be able to add more complex or advanced learning units into your corporate training like the interactive video, you are going to need a handful of suitable tools that a learning platform or an LMS can support including Tin Can, SCORM and HTML.
When employees can do their training?
How long will the training last? An hour, a day or more? Set your timescales, deadlines, and limitations on training completion dates/times.
Where employees can do their training?
Think about what the learning environment will be like.
For example, if your team is working remotely and you want them to work together, you will need to look for audio/video conferencing options in your LMS or the ability to conduct webinars in a real-time elearning setting, like the virtual classroom.
If the training is quiz-based and only includes questionnaires, you can provide user logins to your employees to access and complete the training material in asynchronous learning, from the leisure of their homes.
Creating the Training Content
After deciding on the training goals and the way of delivery, you should be ready to create the content. Creating an online training course takes considerable planning and investment.
You will need to:
You can read our guide on How to Create an Online Course for a more detailed walkthrough on creating educational content.
Additional resources to help you out:
Costs of Training
Each LMS and online course platform has different pricing. Their price for corporate training depends on many elements e.g. LMS features and number of seats, users or licenses they come with it.
What you need to do is calculate the number of your users (= your employees) or how many seats and licenses you will need and choose the pricing plan that accommodates that number. Then find out how the LMS you choose charges for it. Some charge by active users while others charge by subscription.
Step 2: Choose the Best Online Training Software
Once you are finished setting up your learning goals, you need to search for the training software that can accommodate them in the best possible way.
An LMS or an online course platform are viable solutions for your employee training program. Both have the potential to improve your employee engagement, satisfaction, performance, and generate more revenue for your business.
When searching for either one though, is important to ensure that it ticks off all of your preferred LMS features, because they can have a huge impact on the overall effectiveness of your corporate training.
An LMS should be able to offer a high-quality corporate training solution, through the following capabilities:
Providing the possibility of your employees to access learning at any time and place using mobile devices e.g. smartphones, tablets, etc.
A user-friendly and continuous mobile learning experience counts as a huge plus. This goes especially for the retail and hospitality industries in which employees are required to use their mobiles on the work.
Offering social assessment opportunities to employees and the ability to share user-generated content.
For example, creating a community where they can compete with or learn from each other e.g. group discussions, chat rooms and other peer-to-peer activities as part of an online learning community.
Creating unique, relevant content and personalized learning paths for teams, employees, and managing training materials around your business needs.
This may include the white-label option or the ability to customize the design of the learning environment including login pages and dashboards.
Incorporating gaming mechanics to motivate your employees into interactive learning e.g. badges, awards, leaderboards, and contests.
Research from The eLearning Guild shows that learners who participate in gamified online learning experience score better in assessments and tend to have higher retention rates.
Having an easy-to-use and modern user interface that keeps up with the technological trends makes the user experience a simple, creative and enjoyable process. An intuitive UI design can help increase engagement at large.
Having the ability to carry out instructor-led classroom training is always going to be a favorable asset in the area of learning. Instructor-led training activities as part of your online corporate training program can help you offer high-quality training to your employees.
Allowing the use of text, images, any type of video (recordings, screencasts, webinars) and the support of different content formats including PDF, Google Docs, video files, HTML and SCORM packages, can enhance interactivity.
Easy set up
Making it effortless for you to get your corporate training courses up and running. The best way to ensure that you will have it ready easy and quick is by choosing a cloud-hosted LMS that supports a high amount of traffic.
Showing reports on the online training activity, scores, course progression and completion rates of your employees.
A detailed reporting on the employees learning activity can give HR management an overview of their performance. It can also help to track and measure the performance of your online training program.
Also, many e-commerce integrations can bring more value to your corporate training giving you the ability to sell training like CRM, HRIS system and Google Analytics amongst others.
Many good LMS options can cover these elements at varying degrees, offering a customized training solution. However, a large number of LMSs out there are pricey while the majority do not offer the flexibility of building your online school out of it.
If you are unsure about which one to choose, keep searching for that online learning platform or LMS that stands out in terms of cost-effective pricing, learning technology, and most importantly the potential to offer the best learning experiences to your employees.
You can try LearnWorlds, as an all-in-one platform to provide online corporate training and see whether it fits into your company’s requirements.
Step 3: Collect User Feedback
Once you find the LMS you are looking for, make sure to have your employees to test it out. Your employees are the ones taking the training, and they have a say in this. If they think they can’t benefit from it, there is no point in taking part in it – or you offering it, in the first place.
So, it’s important to check in with your employees every step of the way.
The best way to track and improve the performance of your corporate training strategy is getting feedback through a survey.
The survey could be asking your employees questions about the product they are using.
Here are a couple of examples:
The number of questions is inexhaustible here, but you get my point.
Also, test what your employees have learned from the training course through real-life examples. This should help you detect possible gaps in the learning content.
Being able to adjust the content easily and quickly or carry out the appropriate changes using the training software that can do it, is a huge advantage for your business.
What’s your plan?
Coming up with an online corporate training plan for your business can be a piece of cake when you know what you need. But even if you don’t, the possibilities are endless when it comes to elearning.
In the end, it all comes down to what your business and employees need to develop professionally and strive!