Benefits of eLearning in Modern Organizations

Author - Yonark Bajaj
13.01.2020
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Introduction to eLearning

Providing skillful training is integral for any organization to succeed and effective training helps not only the employers but also the employees who expand their skill-set. A lot many eLearning development companies are turning to an efficient way of training its employees and the most important way of all has come about in the form of eLearning.

What is eLearning?

Learning with the help of an electronic network is known as eLearning. A kid learning how to solve a mathematical problem via a youtube video can be called eLearning. An aspiring programmer learning a new programming language through a website will also be called eLearning. In this way, numerous enterprises, non-profits organizations, educational institutions, and big eLearning development companies are replacing the outdated methods of transferring skills with eLearning development services.

Electronic learning, more popularly known as eLearning has recently turned out to become the backbone of contemporary organizations. It is not surprising to see those modern companies have adequately and proficiently adapted the novel yet efficient ways of conducting business. It is both, the present as well as the future of the growth-oriented organizations that strive to make the best out of their strategies.

Why is it important?

A study conducted by the tech-giant IBM has revealed many well-kept secrets of infusing skills in the employees. The results were not surprising:

  • There were 90% increased chances of completing the task in a given deadline if the team members were equally skilled.
  • Companies were found to have saved $70,000 per year on an average by adapting eLearning and inculcating it in their work culture.
  • It increased the productivity and efficiency of each employee by at least 10%
  • Product roll-outs saw a huge gain of being 25% faster than before.

Benefits of eLearning:

  • Reduced Costs and Increased Productivity:

    Imagine a company having 1000 employees at present. In order to expand, it begins to hire 100 new employees each month. To train and make them familiar with the company’s policies and projects, 10 trainers are hired, who train those new employees for a week. Now imagine, those 100 new employees are each given a total of 10 videos which explain the above-said things.

    In this example, not only the time taken to understand the whereabouts of the company will decrease but also the company would not require to hire the 10 trainers in the first place, which is a win-win for the company. It increases the savings by cutting the trainers’ costs and enhances productivity by transferring skills to the new employees with the least amount of time.

  • Measurable Progress:

    The outcome progress from eLearning development services can be tracked with full credibility. It’s easy and quick to accommodate new users and track their levels of learning curves. However, the number might not reveal in the instant aftermath of adopting eLearning practices. The real progress can only be found in the gradual process of employees’ capability to accomplish the extraordinary.

    Modern eLearning development companies should chart out the goals and aims that they want to attain with clear deadlines. This makes it easier for them to analyze the given data and after the eLearning processes have been implemented properly.

  • Quick Learning and Development Process:

    Instead of waiting to be trained by professionals over a period of time, various digital tools have helped learners achieve the same level in less time. We must also consider the fact that everyone has a different learning curve and they develop skills over a certain period of time. However, watching a video tutorial multiple times and pausing it in the middle to search for anything online helps the learners in developing an optimum level of skills.

    Big companies like Airbnb, Uber, Lyft and many others placed these eLearning development services or tools at the beginning of their journey. It helped those giants to lay a strong foundation and that too with consistency. All of this has helped them create a workforce that can function efficiently all the while thinking creatively to compete with other players in the market.

Although the above-given points make a compelling case for modern eLearning development companies to embrace eLearning, the most important and unique fact about eLearning is that it is both the present and the future. Any organization ignoring this fact will be making a huge blunder is likely to be left behind. eLearning fulfills the needs of all the elements involved. From the employer’s side, it’s a cost-effective and much more efficient way of conducting business. On the other hand, an employee can learn new skills at his/her own pace to understand everything. Hence, eLearning has turned out to be the backbone for modern companies.

Webner Solutions is a Software Development company focused on developing Insurance Agency Management Systems, Learning Management Systems and Salesforce apps. Contact us at dev@webners.com for your Insurance, eLearning and Salesforce applications.

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