How The Web Is Re-Inventing Employee Trainining

How The Web Is Re-Inventing Employee Training With the Internet becoming increasingly more powerful, a growing number of corporate employers are turning to the web for employee training. Through customized online learning courses, members can now transcend the four walls of a traditional classroom and learn at any time and any place, effectively redefining the landscape of education. Here we explore the growth of web-based training in the workplace. THE OLD SCHOOL: COMPUTER-BASED TRAINING THE NEW SCHOoOL: ONLINE TRAINING Teaching and training courses that are delivered in electronic format originally comminicated via VHS, CD or DVD. ASYNCHRONOUS: SYNCHRONOUS: participants engage in the learning alone and without the dependency of others. Participants engage in the learning with an instructor and/or other participants. Because online training or 'e-learning' is more cost-effective than classroom-based training, as well as more flexible and environmentally friendly, organizations are increasingly looking for an online employee training course to fill their employee training needs. - skillsoft.com NEW BENEFITS Self-Paced Learning & Flexibility Standard Training Material Accessibility Cost Effective Increased Productivity Interactive Properties Travel and Materials Nearly 90 percent of the organizations we sur- veyed said they are using e-learning to deliver education or plan to within the coming 12 Result-Tracking months. - Jeff Cobb, Managing Director for Tagoras NEW TOOLS Learning portals Hyperlinked pages Streaming Audio/Video Screencast Tutorials Webinars and web conferencing Threaded Online discussions chats THE RESULTS: WIDESPREAD ADOPTION AND GROWTH MORE TRAINING CONTENT MORE EXPOSURE HIGHER IMPACT In a University of Texas study that sampled professionals ranging from age 21 to over 50, those who participated in a web-based instruction versus a live, instructor-based one, scored slightly higher in a multiple choice test on the content of the instruction THE PERCENT OF TRAINING COURSES DELIVERED THROUGH E-LEARNING FROM 2001 - 2008 64% 40% 30% PROJECTED GROWTH 30% 29% 29% 30% 27% of Web users in the United States have experienced Web-based training. In just five years, the global e-learning market is projected to reach nearly $110 billion in revenue, according to a new report by Global Industry Analysts, Inc. 23% 20% RE-ALIGNED BUDGETS 15% 10% 40% %24 0% 2007 Over 40% of e-learning expenditures will increase in the future. 1 stack - $10 billion Sources: Global Industry Analysts, Ine.; The American Society for Training and Development : GVU, at Georgia Tech; State of the Industry Report ; Tagoras ; "E-Learning and The Science of Instruction: Proven Guidelines for Consumers and Designers of Multimedia Learning" By Ruth Colvin Clark and Richard E. Mayer: "Video-Driven Multimedia, Web- Based Training in the Corporate Sector: Pedagogical Equivalence and Component Effectiveness" By Katherine Pang mindflash.com 2008 2006 2005 2004 2003 2002