Case Study – Employee Training in Multinational Companies
Suppose you want to have a content and productive workforce that will help your company make it in this ever-evolving and very competitive capitalism-oriented business world. In that case, their education is one of the first things you should invest in. An uneducated workforce is an incompetent workforce, which is one of the quickest ways to ensure your company doesn’t make it very far.
Unfortunately, putting together a sound, coherent, and practical training program is sometimes challenging, especially for big companies with hundreds, perhaps even thousands of employees. There’s a lot of time management and organization involved, and even when everything goes perfectly, you can’t predict how your employees handled the training and whether they’ve learned enough to be good at their jobs – at which point comes the testing and the evaluation of the tests.
This is a complicated process, and the more complicated it gets, the more money it will cost the company in the long run. For many companies, one of the solutions for this problem was switching their training programs over to some kind of eLearning platform.
The IBM Case
The IBM (short for International Business Machines) Corporation is an American technology company that’s been around since 1911, and today it operates in more than 150 countries worldwide. Due to its immense popularity and success, the sheer number of people employed by IBM is massive, nowadays coming close to 400,000.
With such a large number of workers, you can imagine how complicated it must be to put a training program into practice, both for new and existing employees. However, this didn’t stop IBM from focusing quite extensively on its workforce development, even during periods of financial uncertainty. In 2002 the company was ranked fourth on Training magazine’s “The Top 100” list, based on their commitment towards employee training.
This placement was well deserved, as the company had reported spending nearly $1 billion on employee training in the mid-1990s alone. To attempt to cut costs, towards the end of the twentieth century, the company decided to try and incorporate eLearning for further employee training. The system was initially intended to train IBM’s newly recruited managers.
Following the implementation of eLearning, the company reported saving more than 160 million dollars. This is a massive amount of money for such a company considering the period, and it’s all because of the unique way in which eLearning can help your training efforts. A year later, that exact figure rose to $350 million. The director of IBM Mindspan Solutions, Andrew Sandler, explained that the implementation had saved the company a large amount of money and delivered far more effective training, providing employees with “five times more content than before”.
How E-learning Saves Money
Alright, so we know that eLearning can help you save a great deal of money on constructing and putting your company’s various training programs into practice and increasing their effectiveness, but how exactly does this happen? What are the advantages of using eLearning instead of conventional training and testing methods?
First, let’s talk about how it can help you save money. eLearning saves on printing costs since everything is accomplished with the help of a computer. This means that the company doesn’t have to print learning materials such as books, pamphlets, or testing materials at the end of the trtrainingThis might seem like a menial expense when you have a small company. Still, it makes a significant difference when you’re IBMe. Additionally, by using good knowledge testing software, you have access to automatic test evaluation, meaning that you don’t have to have a bunch of people tasked with just grading tests, which takes a considerable amount of time – and as we all know, time is money.
And finally, eLearning means that educators are given much more flexibility when conducting lessons because they don’t have to be in the same physical space as the students. These days all you have to do is open up a live stream and have people connect to it. You can conduct the lesson just as effectively but with a much larger group of people, increasing effectiveness even further.
GetCertified: Next-Level Employee Training
To implement eLearning in your company, you’re going to need a piece of good software that will be able to fulfill all your training-based needs. GetCertified is a bundle software that allows you to create various training programs quickly and efficiently. One of this approach’s most significant advantages is that GetCertifiedy supports all kinds of multimedia that can serve as learning material – video, audio, pictures, text, Google Docs, YouTube links, and so on.
This can significantly enhance the learning experience, make your employees more focused on the program and make it easier for them to master it, ultimately leading to a far more productive and educated workforce. This software will also give you an easy way to organize, analyze and gather information from various test results, which is essential if you want to improve your training program in the future.
As you can see from a very concrete example, eLearning has several benefits compared to the conventional methods of employee training. It can save your company a lot of money, and the bigger your company is, the more you’ll be able to use eLearning to maximize efficiency and increase profit. The education of your workforce is where you should be. Still, iessentialtessentialthat you youyou wise youely and in a system that you know benefitnefih you and your workers. eLearning is slowly becoming the future, and the sooner your company transitions to the idea, the sooner you’ll be able to reap all the benefits that it can provide.
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