First Level Benefits

Far too great an emphasis has been placed on the cost reduction benefits of e-learning. From a business perspective a major initiative like development of an e-learning program must be justified in terms of cost. Cost savings are surely much easier to quantify but it is very important to look at the “non-monetary” benefits of e-learning. The focus should shift from “doing what we already do, but at a lower cost” to “doing things we couldn’t do before.”

Second Level Benefits

With the value of intellectual capital declining over time due to rapid technological changes, legislative and social changes, increasingly complex environment and staff turnover it becomes essential to develop the e-learning strategies of organisations in way so as to ensure that staff skills and knowledge remain relevant and valuable.

Studies suggest that e-learning provides better learning experiences than traditional classroom models. There is improved learning, better retention of learning, consistency of learning, faster rollout of new learning modules and better monitoring and evaluation of learning. People learn more, faster.

Third Level Benefits

e-Learning is also much more than a simple mechanism for delivering of learning content. It supports collaborative learning and knowledge sharing by connecting people together and building learning networks using Web 2.0 tools like wikis, discussion forums, blogs, etc. These communities of practice promote community-based knowledge management.

Alvin Toffler, an American writer and futurist, states, “The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.”

 

1st level

  • Lower Delivery Costs
  • Reduction in Travel Costs
  • Reduction in Printing and Distribution Costs
  • Reduced Costs through Learning Compression

2nd level

  • Improved Learning
  • Better Retention of Learning
  • Transfer of Learning
  • Consistency of Learning
  • Faster rollout of Learning
  • More accessible, less disruptive learning
  • Better Monitoring and Evaluation of Learning

3rd level

  • Better Monitoring and Evaluation of Learning
  • Harness existing communities of practice
  • Developing new communities of practice
  • Online & Direct Marketing
  • E-Learning for customers, partners and consumers
 

Benefits of e-Learning