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What is eLearning?
eLearning, or electronic learning, is all about using technology to teach outside the traditional three-dimensional classroom. You'll also find that eLearning focuses on learning at your own pace, like when you're tackling online courses or modules. Another way to think about eLearning? Well, it's like learning on your own time without having to sync up with a set schedule. That's what we mean when we say eLearning is asynchronous. Most of us were introduced to eLearning in school where we experienced eLearning as Web-Based Training (WBT) or videos, but things have changed a lot, especially after the pandemic.
Future of eLearning
As per a 2022 Global Market Insights Inc. report, the global eLearning market is expected to reach $1 trillion by 2028. The increasing need for immersive learning and hands-on experience is one of the primary reasons for this predicted market growth. In industries requiring transferable skills, employees require hands-on experience, and eLearning solutions when integrated with AR, VR, and scenario-based learning help enable the same. The growing popularity of eLearning solutions can also be attributed to the tangible returns it offers to organizations and their employees.
Benefits of eLearning
In this fast-paced world where companies constantly strive to gain a competitive edge, upskilling your workforce is imperative. With organizations spanning the gamut of boundaries, training employees together in a classroom is increasingly difficult. This is why organizations, big or small, have been leveraging eLearning solutions to offer targeted and meaningful learning to their employees, thus enabling organizations to empower workers with relevant knowledge and skills to grow despite their location. This proven flexibility, adaptability, and convenience demonstrate that transformative learning solutions can be seamlessly customized according to learners' needs.
eLearning is undoubtedly a boon for organizations because of myriad benefits including:
Scalability
A 2022 report by Deloitte revealed that 87% of global employees enjoy greater flexibility in their working hours and location. Unlike a few years back, organizations are now operating from different parts of the world. Hence, eLearning upskills and empowers this globally dispersed workforce by enhancing standard learning without compromising the quality of these learning solutions. Through localization and customization, eLearning solutions are also made relatable, and with the possibility of scalability, organizations can offer equal learning for all.
Boost Productivity
Customized eLearning provides workforces with need-specific learning that augments relevance. Through interactive elements like quizzes, videos, and real-life examples, employees gain invaluable practically applicable knowledge with ease. In addition, these solutions make learning interactive, increasing employee engagement and knowledge retention, thereby boosting employee performance and productivity. This aspect is validated by research conducted by Gallup in 2023, which reveals that increased employee engagement leads to 23% higher profitability for organizations. Thus, customized eLearning solutions increase learning relevance, resulting in a significant boost of employee productivity.
Cost Effective
Another major advantage of eLearning is that it tends to reduce the financial burden on organizations by removing the need to invest in the building of traditional classrooms or print materials. It also enables updating content with ease.
Types of eLearning Modalities
Various eLearning modalities are available to organizations depending on their needs. Each modality features unique benefits which organizations can leverage to derive optimum results. Some of these include:
- Gamification
- Videos and motion graphics
- Mobile learning
- Virtual instruction-led training
- Simulation-based learning
- Microlearning
- Scenario-based learning
Where do eLearning solutions prove immensely successful?
Customized eLearning solutions transform talent by equipping them with relevant critical skills, making them future-resilient. These solutions are best suited when empowering workforces with transferable skills that require hands-on experience. An example of the same is Instruction-Led Training (ILT) which blends with eLearning to create personalized learning experiences for workforces. These eLearning solutions allow workforces to foster continuous learning, improve productivity, and develop skills to navigate future challenges.
Some areas where these talent transformation learning solutions prove to be immensely successful include:
Learning for Modern Workforces
Modern workforces need to continuously upskill to stay relevant. Thus, learning solutions are required to be customized according to their needs, while giving them the flexibility to learn from anywhere and at any time.
Ozemio understands the modern learner’s needs. Thus, our learning solutions are meticulously designed to upskill workforces with relevant knowledge and skills. With targeted learning solutions that are human-centric, outcome-driven, and performance-oriented, Ozemio enables your organization and your employees to achieve your full potential with exponential growth.
Leverage the power of customized learning solutions to create a workforce of the future with Ozemio today.
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