Exploring the current and future landscape of eLearning technology as it relates with content.
According to a recent survey by Forbes, 68% of respondents mentioned that rapid change in technology is the biggest threat to tomorrow’s business leaders. Keeping up with emerging technological trends can be challenging. The question is, how does technological advancement relate to the corporate learning industry?
Let us start by looking at the current landscape of the eLearning industry and how businesses are leveraging it to achieve their learning objectives.
Current Learning Landscape
From classroom training to online mobile learning, learning techniques have evolved immensely. Today, whenever a question arises, we no longer reach out to a book for answers, we immediately search in Google. The way learners seek and consume knowledge has changed. The two main factors that contribute to this change are:
- Change in technology, and
- Change in learning content format.
According to a study by Brandon Hall Group, 23% of companies have been using their learning software for over 5 years. While this during may not seem to be a long time, some breakthrough innovations have been made in the last 5 years such as SaaS LMS, augmented and virtual reality, adaptive learning, micro learning, and social learning to name a few. 58% of companies are dissatisfied with their LMS because it is outdated and does not meet business needs. However, replacing a learning management system is not easy. It has ramifications in terms of both money spent and change in management strategy.
One of the most common challenges that companies face today is lack of learner engagement because of irrelevant content. Employees are not motivated to take courses as they feel the content is not relevant for skills development. According to a survey by Clomedia that included 416 U.S. human resources managers and 2,810 employed U.S. adults ages 18 and older, 45% of workers said that “current training offering aren’t related to employees’ daily responsibilities.” This is a barrier in achieving business goals as driving employee engagement and retention is crucial to deploying an effective corporate learning strategy.
To empower learners with relevant knowledge that will help them in career advancement, companies need to identify learners’ needs and close skill gaps. With the help of a robust LMS and suitable content partners, companies can develop and deliver content that will not only help them achieve their business goals but also help their employees achieve their personal goals.To learn more about the legacy challenge and its impact on company’s learning effectiveness, register for the webinar with Brandon Hall Group: Legacy vs Modern: The Future of eLearning Platforms and Content