How the Web Is Re-Inventing Employee Training

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 SCHOOL: 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 Accessibility Material Cost Effective Increased Productivity Interactive Travel and Materials Properties 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 months. - Jeff Cobb, Managing Director for Tagoras Result-Tracking NEW TOOLS Learning portals Streaming Audio/Video Hyperlinked Screencast pages Tutorials Webinars and web conferencing Online Threaded 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 THE PERCENT OF TRAINING COURSES DELIVERED THROUGH E-LEARNING FROM 2001 - 2008 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. 64% 40% 30% PROJECTED GROWTH 29% 29% 30% 30% 27% of Web users in the United States 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. have experienced Web-based training. 23% 20% RE-ALIGNED BUDGETS 15% 10% 40% 0% 2004 Over 40% of e-learning expenditures will increase in the future. 1 stack = $10 billion Sources: Global Industry Analysts, Inc. ; 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 2007 2006 2005 2003 2002