It is not surprising how online learning platforms have deeply penetrated the fabric of knowledge delivery in such a short time. According to Business Wire, the market for online learning is predicted to grow by almost $38 billion between 2020 and 2024.
It is, however, important for businesses to understand both the benefits of these platforms and how to make the most of them. Let’s explore these aspects in detail.
How a Business Benefits from an Online Learning Platform?
Online learning platforms provide an alternative and flexible way for learners and students to advance and expand their knowledge and skillsets. It brings a variety of courses to them within reach.
With that said, they are also packed with advantages from a business perspective.
Enhances Specific Skillsets
With an online learning platform a business can deliver and enhance specific skillsets to their employees in a centralized manner.
For example, you can train your marketing teams to use a new CRM by enabling online learning modules that they can view at their convenience.
This arrangement also helps your business monitor your employees’ learning progress for the mandatory skillsets.
Reduces Employee Turnover
Enabling your employees to polish and expand their skills through training modules also contributes positively to their job satisfaction levels.
Learning platforms make it easier for you to help your employees hone their skills and in the process, improve employee engagement. And as one can infer, as employee satisfaction improves at your company, the rate of turnover reduces.
Provides Cost-Effective Training
When it comes to training in the traditional offline way, the costs involved are higher in comparison to those in an online training module.
For example, offline training would require hiring a training professional, providing access to printed material and resources, a physical space to conduct the training and so on.
With online training though, you can design your own eBooks and other course material electronically and deliver these via email to your employees. Additionally, the cost for the physical space is completely avoided.
The online option helps businesses deploy cost-effective training programs.
Saves Time
When it comes to training in the traditional offline way, the costs involved are higher in comparison to those in an online training module.
As you can see, delivering a training program online can happen at the click of a button. Similarly, even the execution of the program is done in minimal time.
This is because through online learning, employees have the option to attend and complete the training at their own pace and convenience. This allows them to complete the training within a certain timeframe, without compromising on their schedules or skimping on work.
Apart from saving on the time it takes to implement offline training, an online program also helps save on productive work time.
Provides Diversified, Accessible Courses
While offline training is usually tailored to the group at large, online training can be as specific as you’d like. For example, you might want to provide a certain training module to just a few members of each department. This can be done easily through an online learning platform.
Although these benefits are great for a business, merely providing your workforce with an eLearning module isn’t enough. There are things you, as a business, must do to ensure your employees make the most of your online learning platform.
Here are six tips.
6 Tips to Help Users Make the Most of Your Online Learning Platform in 2024
1. Create Learning Groups
As mentioned above, online platforms make creating diversified content much easier. In addition to that, they also allow you to create skill-based learning groups within the platform.
For example, you can create groups for marketing-based modules, Excel-based training, and so on. This helps trainers deliver specific insights that are relevant to those learners within the group.
Furthermore, learners who are not part of the group, can gauge how popular and in-demand a particular skill or niche is, and sign up for it if they so wish.
2. Encourage Peer-to-Peer Interactions
Online learning works best when it blends in the advantages of offline learning. Learners in an online module should be encouraged to have peer-to-peer interactions, as this is known to deepen the learning process.
From getting them to evaluate each other’s assignments to making them work in teams on a project; peer interactions lead to new insights, higher engagement and healthy competition between the learners.
3. Make the Modules Responsive
Today, the work culture has changed a lot, and there is no need for your employees to remain stationary while accessing a learning course.
Make it a point to provide eLearning courses for mobile phones, tablets, and all manner of devices so that it is convenient for your workforce to learn.
You can also consider releasing podcasts to enable your employees to multitask.
4. Gather Feedback
To measure the effectiveness of any training course, feedback from participants is a must. The good thing about online learning platforms is that they allow you to ask for feedback at any stage of the process. Well-planned feedback queries can give you unique insights into the module.
5. Make Assessments Interactive
Gamified experiences are more engaging and help candidates retain the content better. As far as possible, ensure the learning modules on your online learning platform have some gamified or interactive assessments. These also encourage candidates to complete the module.
6. Diversify the Content Format
While some people learn better through listening, others are able to retain more through reading. As an organization with a diversified workforce, it is important to consider the learning preferences of all your employees.
Make the content on your online learning platform available in multiple formats to cater to each learning preference the best way you can. This will increase participation in the course.
Wrapping Up
In today’s highly competitive world, online learning platforms have become extremely popular as they not only help learners make the best of their time but also help businesses deliver exceptional resources to a large group of candidates with ease.
Platforms like KITABOO help your business custom-design learning content with enriched elements like gamification, interactions, media and live progress reporting.
With KITABOO as your online learning platform, your business can use online learning as a tool to improve its employees’ knowledge and enhance their skills in 2024.
To know more, write to us at KITABOO@hurix.com.
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