Today, I’m presenting at the KnowledgeAdvisors annual Analytics Symposium in Miami, Fla. I can’t wait to present the results of a recent joint research project between Skillsoft and Knowledge advisors. Built on the results from Skillsoft’s 2011 Moving the Needle: How Skillsoft Learning Impacts Performance of Individuals and Organizations report, this new study compared the 2011 findings to two new benchmarks: classroom training and in-house developed elearning.
More than 7,800 individual learners from 465 organizations found that Skillsoft elearning solutions were as good as or better than in-house developed elearning and were as effective as classroom training in their ability to positively impact the job. Responses came from organizations of all sizes and industries across a wide geographic landscape with varying lengths of experience with elearning.
According to the study, some of the key areas in which learners experienced clear, measurable benefits using Skillsoft’s elearning solutions include:
- Positive impact on critical areas of business
- Increased satisfaction
- Higher learning application rates
- Benefits of elearning demonstrated across industries
We know that business leaders are most concerned with getting a return on their training investment as defined by business impact metrics. That’s why the results of the study are so significant in today’s business environment where companies are expected to do more with fewer resources. It makes a strong case for training and HR professionals to change their tactics from overinvesting in classroom training or building training internally and seek more cost-effective solutions.
We chose KnowledgeAdvisors to collaborate on this study because they are the world’s largest provider of learning and talent measurement solutions, including Metrics That Matter®. I’m excited to share this story with the KnowledgeAdvisors community during my session.
If you’ll be at the Analytics Symposium, please attend my session Wednesday, March 6 at 3:00 p.m. If you’re not able to attend, follow the discussion about the event on Twitter (#analyticssymposium).
Interested in this study? We’ve published a whitepaper containing the results, Challenge the Status Quo with a Smarter Approach to the Global Talent Crisis. Download your complimentary copy today.