Making Corporate Training Program More Creative & Effective Using Technology
With 40 percent of classroom training costs spent only on travel and lodging, it’s vital for organizations to adopt technology for improving efficiency. We discuss how corporate training technology can enable greater engagement among employees, leading to better retention rates.
In today’s competitive business environment, you simply cannot overstate the importance of professional development. That’s why employers are rapidly investing in corporate training programs, spending heavily on robust learning materials to prepare employees for new roles. However, unless directed correctly, these investments could actually turn into a cost center, with employees actually forgetting 70 percent of learnings in just 24 hours. That’s where technology can help.
Cutting-edge corporate training technologies allow learners to better imbibe the insights shared, test for the skills acquired in a hands-on environment, and consistently follow up to reinforce the knowledge transfer. In fact, corporate training technologies coupled with digitally adept instructors can help your employees benefit from training programs. Let’s explore this further.
Corporate Training Technology Drives Engagement
Interaction with learning materials is a proven methodology for easing absorption, ensuring that the skills actually stand the test of time. Interactive corporate learning technology can, therefore, make sessions more impactful and business outcomes much clearer. There are three possible models for implementing technology as part of your corporate training program.
- Immediate response systems let instructors or course mentors provide real-time feedback, telling employees where they are going wrong, what could be done better, and which actions deserve commendation. These systems could even work as two-way mechanisms, where employees could share their feedback. The data gathered via these response systems can be later analyzed to reshape corporate training programs, making your learning environment, agile and future-ready.
- Video conferencing systems can extend the reach and impact potential of your corporate training initiatives, especially if you have a distributed workforce. Video conferencing as a means of business communication is now a staple across companies of every size. Bringing the same idea into corporate training, several HR tech providers are now offering web-hosted online training services. Consider, for example, meeting solutions provider GoToMeeting — the company also has a specialized GoToTraining solution, that allows instructors to share their screen in real-time.
“According to the Deloitte report, until the recent rise of video in business, videos for learning were considered more of an afterthought. Remember reading through lengthy compliance booklets, waiting to attend scheduled corporate training courses, or clicking through tutorials that addressed the needs for every employee in the company? Now, advances in technology and social media open doors that, as Deloitte explained it, put a “twist” on corporate training, making the video more accessible and easy to use,” said Meredith Eves, Director of People Operations at video hosting company, Wistia.
- Gamification is another concept that’s gaining popularity. Gameplay incorporates engaging milestones and motivating checkpoints into the course material; it also helps improve knowledge retention, after the training has been conducted. Corporate training ‘games’ can be shared on a variety of devices ranging from easily accessible smartphones to next-gen AR wearables. Interactive corporate training shared via gamification has been proven to result in higher test scores and improved on-the-job outcomes.
A Blended Approach to Corporate Training Technology
While corporate training technology can enable automation of regular tasks, better efficiency in terms of learning timelines and ‘anytime, anywhere’ access, human intervention remains critical to any training program. Blended learning technologies take a hybrid approach where a physical instructor takes charge of a session, but the material is disbursed digitally. This ensures that all the learners are kept on the same learning track, which can be particularly useful when training for leadership roles.
While end-to-end digital L&D is useful for teaching technical skills and disseminating product knowledge, a blended strategy simplifies soft skills acquisition via a traditional classroom environment. This is then complemented through digital followups and additional lessons shared online.
Over the last few years, corporate training has witnessed a paradigm shift from exclusive event-specific sessions to more flexible frameworks. Technology has played a pivotal role, bringing ideas like gamification and interactivity to energize corporate training strategies. According to IBM, companies spend 40 percent of classroom training investments on travel and lodging facilities. A technology-led blended approach would cut this figure down drastically, helping you make the most of instructor efforts and make sure the lessons imparted are actually imbibed.