The pace of technological change is transforming the world so
rapidly that it is clear that in order to succeed in the future, we
need to modernize learning today. It’s about taking advantage
of the advances in technology to improve the way we educate, and
helping employees become part of the connected, digital
universe.
Even with the best manpower and trainers, the actual learning
for existing employees and new recruits is less than one third of
what the trainer taught. Since recruitments take place throughout
the year, there is an increase in competition levels. Not equipping
your employees to self-learn on-demand, could be a big handicap for
your enterprise. This would give your enterprise a very poor ROI on
training.
Distance learning is slated to be a Rs 100 crore plus market in
2010 and is likely to grow at a compound rate of 50 percent
year-on-year. Digital technologies for learning, such as self-paced
learning modules, multimedia case studies, simulations, video
tutorials, and communications and assessment tools, can increase
the array of learning opportunities for adult students and their
teachers.
Telepresence is helping to deliver a more personalized,
collaborative and exciting learning experience. Trainers now have
the power to train from documents, books and even object models at
the press of a button. Trainers can also record trainings which can
be accessed in a secure way. With video conferencing, employees can
follow lessons outside the training room if they are away due to
illness or family commitments.
Such learning solutions help a trainer to impart enterprise-wide
synchronous training across multiple locations, without
compromising on the quality of training. These sessions can be
effortlessly recorded to empower learning on-demand across the
enterprise. This would help an enterprise to optimally meet its
learning demands. Having enterprise-class capabilities, the
solutions will help enterprises shorten the learning curve and
accelerate the pace of learning across the enterprise.
Telepresence learning solutions can help rev up the pace of
innovation across the enterprise since the learning curve of the
entire organization would be shortened.
As learning improves in the enterprise, there will be a
significant improvement in employee retention and growth in the
company. IT needs to act both as an enabler and complement
the way that corporates prefer to learn if it is to equip employees
with the requisite skills to compete in tomorrow’s global
economy.
Sanjay Bansal is Founder, Chairman of the Board & MD,
Business Octane