Advantages of e-learning

PERSONAL ADVANTAGES

Success in life is a continual process of growth and change. It is how well and quickly we adapt to this change that allows us to reach our potential and defines our personal success.
We are all looking for the key to unlock our potential. John Chambers, the CEO of Cisco Systems, has offered this advice: "There are two fundamental equalizers in life: the Internet and Education.The Internet is creating e-learning as one of the most powerful learning tools of the next decade for businesses, schools and individuals."
E-learning allows individuals to take active responsibility for their education since they are no longer tied to inflexible learning schedules. Current technologies allow individuals to determine and track their learning and career development goals. Tools such as bookmarking and short learning sessions allow you to stay focused and remain on track.
E learning is emerging and changing everyday. You can now get your High School degree on line, earn university credit and degrees. CPAs can take NASBA courses from Skillsoft and receive credit toward their 40 hour CPE requirement. All this is possible without leaving your home....but YOU must take the responsibility for your own success!

COMPANY ADVANTAGES

A foremost authority on increasing an organization's value, Jack Welch (ex CEO of General Electric), has said "I believe the desire and ability of an organization to continously learn from any source anywhere, and rapidly convert this learning into action, is its ultimate competitive advantage." This single statement says everything, but you need to know how exactly e learning can improve your organization...so here are some real examples!
E learning breaks down the time and space barriers of traditional training to greatly accelerate organizational learning. By giving people access to the knowledge they need when they need it, your training becomes more effective. You reduce overall training time since people have access to training material when they have extra time, at home, work or on the road. Finally, overall training expenses are shown to be reduced over 50% by eliminating many of the expenses of traditional training such as travel, hotels, meals, training rooms and instructors.
This accelerated training translates directly into bottom line dollars for your company, by reducing time to market for new products (both sales and support), reducing the time required to move a new hire into being a productive employee, and effecting overall organizational change in response to market forces or economic downturns.
Besides bottom line dollars, the overall value of an organization is greatly increased in less tangible, but no less important ways. Overall employee performance is enhanced by continual reinforcement of learning and immediate attention to perceived competency gaps. E learning also extends the reach of your current training program through your entire supply chain...from your suppliers to your clients. Better training and knowledge throughout the entire supply chain leads to higher customer satisfaction since suppliers deliver the correct material at the needed times, your employee performance is improved and the clients expectations are in line with the final deliverables. Statistics show that over 70% of companies in the US are in some advanced stages of developing or deploying e learning strategies.
"In economic terms, human capital is a nation's biggest resource. Brainpower, skills and flexibility, not cheap manual labor, are the keys to competitiveness productivity."
-Tony Blair, Prime Minister United Kingdom.