eLearning Benefits The Corporate World Too!
Today, the concept of eLearning is alien no more. More and more educational institutions and companies are adopting the trend of online Learning Management Systems (LMSs). Considering the pace of adoption of eLearning technology, the eLearning market is set to reach $400 billion by 2026.
The trend of educating through eLearning courses is a hot topic! What makes it even more interesting is the transformation it has gone through. Initially, the eLearning environment was about slides and PDFs, but today, it has evolved. Now, things like different eLearning tools, video content, webinars, and a lot more are available for learners. But, do you know using an eLearning platform benefits different businesses as well?
Meeting business goals, introducing new work methodologies, skillset upgrading, etc., can be achieved through corporate eLearning for businesses. To find out the possible benefits of eLearning to be enjoyed by businesses using eLearning apps, and the top eLearning trends, read ahead.
5 Types Of Online Learning Platforms
That progress is not possible without change is a quote everyone would agree with. The new normal now includes the adoption of major technological advancements, and eLearning for businesses is one of them. Today, there are different types of eLearning platforms available in the market. Every online learning platform has different features. Subscribing to a platform means getting paid access to a wide range of individual courses, professional certificates, and other online programs for higher education. Let’s dive a bit deeper into understanding the different types of eLearning platforms and their benefits.
1. Learning Management System
LMSs are used for managing and delivering all online learning programs. These usually include course creation, management tools, etc.
2. Virtual Classroom Software
Integrated with top-notch online learning tools for video conferencing and whiteboards, virtual classroom software is a major eLearning platform. It offers ample virtual space for hosting virtual classes.
3. Collaborative Learning Platforms
Shortened as CLP, collaborative platforms are the ones that are used for facilitating learners. They serve as a virtual classroom where learners can put up queries and find solutions. Although CLPs aren’t virtual classrooms, they offer related features to users, such as creating groups for chatting.
4. Social Learning Platforms
Social learning platforms, as the name suggests, are social platforms that facilitate learning through blogs, discussion forums, videos, and user-generated content.
5. Content Management System
Content management systems (CMSs) don’t require a special introduction. Most people use or have experience using a CMS for creating and managing digital learning content. A CMS can be integrated with other learning platforms.
Choosing the right online learning platform becomes easier when the approach for delivering the learning content, interaction level, and budget is crystal clear. It paves a smooth way to access the benefits of eLearning platforms for a business.
Benefits Of An Online Learning Platform For Businesses
Here are some benefits of the top eLearning platforms that help businesses grow:
1. Flexibility of learning
The most significant advantage of business eLearning apps is the flexibility of learning. Employees appreciate flexibility in learning because it prevents overscheduling of work. Overscheduling often takes a toll on an individual’s mental and physical health. On the other hand, group learning might create a tussle owed to differences in workload, deadlines, and learning abilities. Furthermore, no corporate house can afford to reduce working hours so that employees can learn a new skill. Hence, individual-paced flexible learning can help employees fulfill personal and professional goals by staying focused and motivated.
2. Consistency and Productivity
eLearning training is consistent. All employees receive the same training because everything related to eLearning training would be set up to equal standards. Unlike traditional learning methods, the aim of eLearning programs is to provide specialized knowledge rather than generalized training. When employees gain a deeper understanding of the terminology used in their vertical, they tend to interact confidently with colleagues and clients. With a motivated mindset, they tend to become decision-makers which positively impacts their performance.
3. Curbs Additional Learning Expenses
One of the biggest advantages of online learning, for companies and businesses, is reduced overhead expenses. A business or a corporate house saves a huge sum of money through online courses available on eLearning platforms. It eliminates expenses like fees for trainers/educators, traveling, and stationery supplies like a notebook and pen. By turning to eLearning, companies can reuse the same educational material for training new employees.
4. Assured Professional Development
Scalability has always been a challenge in traditional learning. eLearning curbs this by making scalable results. Online learning makes individuals accountable for their actions. Through eLearning platforms, employees can easily understand the concepts taught during the training programme. A lot of MNCs like Apple, Google, IBM, etc., have been using eLearning platforms for training and skill development programs. Employees tend to remember complex concepts taught through this better in comparison to traditional training programmes.
5. Improves retention rate
This is quite quirky, but the retention rate is directly related to apps offering online education. Unlike traditional learning, the concept of eLearning promotes flexibility and self-paced learning. Hence, the chances of stringency and not meeting the deadline are eliminated. This allows employees to maintain a balanced approach toward working and learning. When employees are not intimidated to work or learn, their performance favors the business organization they’re working for.
6. Access to experts
The eLearning platform ensures improved access to information imparted by professionals. Instead of learning from the same online educator, users can choose a different educator that teaches the same concept to hone their skills. It depends on the grasping ability of the human brain. Individuals tend to learn the same things differently depending on how quick they are. Learning from experts gives a practical understanding of the concept as well.
7. Visual Learning
Visual learning is one of the key benefits of online learning. Visual learning makes it easier for individuals to easily grasp information without confusion. This happens because everyone comprehends information in a different way. Most eLearning courses are an amalgamation of visual and textual information. It makes it easier for students to grasp the right information in the most effective and engaging way. Infographics, assignments, podcasts, and more are prominent ways for learning new concepts and information related to an eLearning programme.
eLearning Platform Benefits For Business
For a business to excel in the current era, it is essential to cajole employees with the essential elements and trends of digital learning. eLearning platforms are one of the biggest elements in the existing scenario because they open up a new world of education. The flexibility and diversity of learning makes it a special way for absorbing information. Undoubtedly, such is a learning method would be widely appreciated in businesses and the corporate world. All in all, eLearning platforms are a one-stop solution that assures an upsurge in business without hampering the productivity of employees. It not only fills up the skill gap in the workforce but also caters to corporate objectives.
Editor’s Note: Take a look at our online directory to find, choose, and compare Top LMS Software!