Friday, September 18, 2009

The 10 Benefits of Distance Learning


According the to the “2006 Industry Report” in Training magazine, companies spent approximately 15 percent of their training budgets on distance learning, a two-fold increase over 2005, signifying that remote instruction is here to stay as a mainstream delivery vehicle. If you are considering offering distance learning to your employees, here are the 10 benefits you can expect to get out of the investment.

1.) Curriculum variety: Distance learning allows you to bring in the top industry talent for training at a fraction of the cost.

2.) Customized education: Establishing a corporate university through distance learning allows you to tailor information to specific business needs such as nurturing managerial capabilities, providing task-oriented education and instilling the corporate culture.

3.) Reduced Costs: Remote education reduces the over-all cost of training for corporations spread throughout the U.S. or world. Reported by ComputerWorld in 2005, after implementing distance learning IBM realized nearly $100 million from cost savings on travel and lodging expenses.

4.) Save time: Distance learning promotes efficient, time-saving training sessions.

5.) Flexibility: Distance learning provides a more flexible training schedule.

6.) Promote technology: Distance learning is the high performance approach to training and executive development.

7.) Increase performance: Because distance learning provides cost-effective, time saving training, employees will be better educated and thus more perform better.

8.) Increase competitiveness: When employees perform better, your business is more competitive in the marketplace.

9.) Build corporate community: Corporate universities, provided by distance learning, provide the perfect environment for team building and for developing a consistent corporate culture.
10.) Stay current: Distance learning provides training the growing majority of college and high school graduates are familiar with. In 2005 to 2006, The Sloan Consortium estimated that over 3 million students were enrolled in online university courses and over 700,000 K-12 students took at least one online or blended course.

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