Human Capital Management
3 Reasons to Invest in Virtual Learning
The outbreak of COVID-19 and subsequent changes in social distancing has had a direct impact on human capital training. Many employees have transitioned to working remotely, creating a unique opportunity to train and develop your staff virtually. It may seem unnecessary to enroll in a program during these uncertain times, but continuing employee education is critical to your organizational health and culture. Here are 3 reasons to invest in virtual learning:
1) Accessibility – One benefit of virtual training sessions is that more employees have the opportunity to participate, creating a more diverse learning setting. As these programs can be live, on-demand or a combination, participants have the freedom to choose one that fits in their schedules. This can be particularly helpful for employees with busy schedules or live far from one another. Additionally, virtual programs often spread content out over a few weeks, giving participants time to digest it and learn at their own pace.
2) Affordability – Another benefit of virtual training is that it can be more cost-effective. Since there are fewer travel expenses, rental and supply costs, these programs are generally cheaper than in-person training. As mentioned, virtual training is typically broken up into small sessions over a few weeks. This plus the lack of travel time means less time is taken from the workday, allowing employees to be more productive and saving employers money.
3) Better Engagement – The biggest benefit of virtual training programs is that they typically have fewer participants than in-person ones. These smaller numbers help employees feel more comfortable engaging with the trainer and their peers. Online platforms have tools for participants to ask questions and get feedback in real-time, something not possible in larger learning settings. Additionally, online training programs can offer follow-up exercises, online communities and supervised support to help reinforce the new skills learned. Participants get the same quality of training, just from the comfort of their homes.
Given the current situation, many business leaders are unexpectedly placed in a position to lead in unprecedented uncertainty. Exude’s Human Capital consultants are available to provide guidance and support on some of the most pressing issues facing leaders through strategic consulting, executive coaching and training and development courses. For more information, visit our virtual consulting page.
