Category: Blogs

Sachin Krishna November 2, 2021

The Rise of Corporate learning platform

Traditional LMS, although mildly effective, falls short in meeting the needs of the modern new-age employee. In the realm of Corporate Learning Platforms, it is essential to go beyond the confines of mere content consumption. While learning has transitioned to an online format, it often remains limited to a mere formality, lacking true engagement and impact.

This was one of the primary reasons why the market needed a training platform like Skill Lake in the first place. Skill Lake seeks to bridge the gaps presented by the average run-of-the-mill LMS to give the learner a much more effective learning management system corporate. We call it a Corporate Learning Platform, where the emphasis is to really keep the learner at a vantage point.

Corporate Learning Platform is a method of training employees online. It aims to address the shortcomings of traditional classroom-based learning by providing a more engaging and effective experience.

Moving Away from Traditional Training Methods

Although learning used to be conducted using traditional learning systems, the efficacy, and efficiency of those systems were always a big question mark. Most often, learners had a tough time keeping up with the pace and it was always a difficult proposition to ask the instructor to repeat portions of the topic which were hard to understand. This meant the knowledge retention was far below the expected level and there was no scope for personalization. Moreover, everyone was presumed to learn at the same pace, where on most occasions, slow learners were often left behind due to the inadequacy of the system.

The Need for Corporate Learning Platform

Traditionally, corporate learning systems had a classroom-based approach but this has evolved into online learning. However, the effectiveness of these LMS is still a big question mark. In such circumstances, there is a need to rethink creating a training platform that accommodates the immediate learning needs of the employee in an organization.

Within knowledge-driven or IT organizations navigating a dynamic business landscape, it becomes necessary to evolve training processes in line with the pertinent business needs. And Skill Lake presents a viable alternative where new training needs can be immediately fulfilled in accordance with the emerging business needs.

Companies need to think about offering holistic training to their employees that is not limited to functional skills alone. There needs to be an emphasis on improving the soft/ life skills of employees to make them an asset within the organization. Such an approach to learning not only creates engaged employees but also creates a trustworthy workforce who work for the company with a sense of belonging.

How Employees Benefit from Corporate Learning Platform

Now that you understand, the shift in approach. Let’s understand how Skill Lake offers a better training platform while accommodating the needs of a modern employee. Here we go:

• Goes Beyond Content Consumption : Most often, it is seen that even after completing training employees cannot translate the results of their training into their assigned job roles. With Skill Lake employees are given the corporate learning management system environment where understanding and knowledge retention takes place at a rate that actually empowers them to do their jobs better. Each employee is assigned a mentor on the employee training software who is responsible for ensuring the learning process is tracked and monitored at periodic intervals. In such a scenario, where checks and balances are in place, learning happens with enhanced effectiveness.
• Learning with Accountability : Organizations with a training process in place, at most times, cannot do it with accountability. With Skill Lake – learning management system software, it is no longer the case – leaders and managers are made responsible to ensure learning happens with accountability. This happens through competence development plans, actions, and specified timelines that ensure there is both clarity and visibility about corporate learning management system throughout the organization. Management can be assured of complete visibility of workforce competency through Skill Lake which can be remedied through identifying gaps and taking action.
• Social & Collaborative Learning : On Skill Lake learners are equipped with features that both inspire and motivate peer-to-peer corporate learning management system. In other words, learners on the platform are allowed to showcase their achievements in the form of badges and certificates. Learners are also encouraged to share their expertise on the learning management solution. Overall, it creates an atmosphere of learning throughout the organization without requiring the management to push through their efforts to make learning happen.
• Avenue for Personalized Learning: In a classroom-based approach, all learners are expected to learn at a pace set by the instructor. However, in an online learning platform, no one compels the learner to learn at a predetermined pace. Learners enjoy the freedom to catch up on their classes at a pace that suits them. Furthermore, learners have the privilege of being coached and mentored by senior employees or managers within Skill Lake to make learning all the more effective. There is even the feature called “Learning Plan” wherein mentors assign a set of courses customized to the needs and competence of the employee.
• Comprehensive Learning Features : Learning on Skill Lake is not tedious or boring rather it is designed keeping in mind the aspirations of the modern-day employee. With their exposure to social media and online games. Our learning platform has ensured that the element of gamification is included. This allows learners to earn “virtual rewards” when they reach a pertinent stage on the learning platform. Besides this, Skill Lake enhances awareness among employees about processes, SOPs, and practices through mandatory training.
• Allows Micro-Learning at Scale : It has been observed that learning happens more effectively when the learner is provided with a small amount of content within a specified time. Skill Lake takes this into consideration and offers learners microlearning at scale. All learners on the platform are provided with bite-sized learning content to ensure learning happens effectively with better knowledge retention. Every module on the learning platform has been designed in such a manner to ensure the learner is not overwhelmed with the training material; rather effort is to develop long-lasting relationships with learning to foster a learning-centric culture.

Final Thoughts: Embracing the Future of Corporate Training

Given the multitude of learning platforms available in the market, it becomes imperative that organizations select platforms that bring better ROI and business growth. Incidentally, Skill Lake is a platform that shines on both these fronts. In today’s competitive market environment where your ability to pivot with the prevailing market conditions determines your success. Here Skill Lake can serve your business cause the best.

Skill Lake is a modern and state of the art learning platform that makes it easier for businesses to carry out training in line with the business needs, Moreover, the ultimate beneficiary of a learning platform are the learners who are equipped with a progressive learning platform that offers both convenience and better knowledge accumulation, Making them both better employees and human beings.

A large majority of companies have switched over to corporate e-learning over the past few years, according to the latest research estimates. In fact, the corporate e-learning market is likely to grow from $205 billion to $415 billion by 2028. This has been the emerging trend where the adoption of corporate e-learning is showing a healthy growth rate. This is in line with many of the benefits offered by a corporate learning platform when compared to classroom training.

Before we begin – let’s just understand what e-learning is? This is specifically the use of electronic technologies to move away from the traditional classroom approach to training. The training content is delivered over the internet and the whole experience is more engaging than the classroom. In some cases, like a live webinar, learners can directly interact with the instructor in real-time. It is more or less becoming the preferred mode of training for corporate e-learning solutions.

Reasons for not Continuing with a Traditional Approach

Earlier, corporations did not have any alternative other than continuing with traditional one-size-fits-all training. However, most learners in a classroom environment found the entire learning experience to be tedious and boring. Moreover, employees found learning to be disengaging going to the extent of creating an aversion to learning altogether. Moreover, the impact of COVID has forced many companies to revisit and switch their training process and shift to alternate learning solutions.

Advantage of Current Learning Platforms

Today’s employees with regular exposure to digital content require a more engaging learning experience to include videos, podcasts, and other forms of online content. Considering the lack of time, most employees prefer learning conveniently with an “anytime-anywhere” approach. Most often from their homes. These are things that cannot be provided in a classroom approach.

Moreover, today’s training platforms can be customized as per organizational & individual needs and the learners have the luxury of going back and repeating a topic that is difficult to understand. Plus, organizations find it easy to update and disseminate content quickly with modern training platforms.

How can employees benefit from corporate e-learning

With e-learning, employees can schedule online courses at any time and anywhere at a comfortable pace. They are not even required to travel to the training site as the courses remain accessible on their mobile devices. Let’s look at other benefits online learning offers:

• Enhanced Knowledge Retention : Consistent delivery of training content allows learners to repeat instructions as and when required. Learners are given the luxury to learn at their own pace making learning more effective. With corporate e-learning solutions on Skill Lake, learners have the privilege to self-evaluate themselves on the knowledge gained through mock-up tests & assignments. Also, learning corporations are geared to give personalized training to employees in line with their individual needs. Such a scenario makes it easier for managers and supervisors to assign training to employees helping them to do their jobs better.
• Learning as per Convenience : One of the biggest drawbacks of a classroom approach is the compulsion to leave work half the way and attend training. By switching over to e-learning company with Skill Lake employees can take up training anytime and anywhere as per their convenience. They can do it while commuting, waiting for a bus or flight, or even during weekends. The convenience factor allows today’s workforce to take up learning more wholeheartedly.
• Segmented Courses : Most e-learning curriculums on Skill Lake are designed in such a manner that courses are divided into smaller modules. This allows microlearning among employees where there isn’t the need to sustain the attention for long periods. Even research has suggested that most individuals learn better when exposed to short segments of content than a classroom lecture spanning 1 hour or more.
• Flexible Learning : Employees can adjust the pace of the course and replay segments when needed, unlike classroom training where everyone learns at the same pace. E-learning company is designed in such a manner that it accommodates both fast and slow learners without leaving anyone behind. This allows content managers to treat individual learners based on the individual training needs while complimenting the organizational training needs.
• Study on any Device : Even if the employee has a PC at work and a Mac at their home, it doesn’t prevent them from learning on Skill Lake. All they need is an internet connection and a web browser to take up the course. With increased internet speeds and internet penetration, we shall see a greater number of opportunities to come through with training methods and delivery. Ongoing advances in technology are likely to shape the nature of e-learning like never before.
• Learning with Mobiles on the go : Today, most online courses like Skill Lake are created with a responsive web design that allows people to access online learning on LMS mobile app. This allows learners to access their courses, especially on mobiles. Going forward, we are likely to witness more people spending time on their mobile phones. This trend makes it a perfect fit for courses to be delivered on mobiles enhancing the reach and the engagement of the courses.
• Simplified Learning : Suppose a company has to make its employees understand the working of software to all its employees. Unlike the traditional approach, the entire subject matter can be disseminated as a video to make the entire process engaging instead of compelling users to read a text. The incorporation of rich media in Skill Lake courses heightens the learner engagement towards online courses. Infographics are one of the prime examples where a whole lot of information is conveyed with an image and supporting text.
• Gamification : Taking inspiration from online gaming, Skill Lake has incorporated game thinking and gaming mechanics to engage users and solve problems. This is an educational approach that can motivate employees to learn from video game design. Gamification in LMS can maximize engagement by capturing the interest of the users.

Final Thoughts:

Corporate training for employees is no longer the same with the influence of technology. Companies are increasingly adopting e-learning to improve ROI and the value of their invested capital. With classroom training, there are major gaps and these deficits get fulfilled with corporate training platform. Here companies can offer a personalized learning experience to the learner.

Besides, e-learning makes learning more engaging, interactive, and interesting for the learners. Companies that switch over to e-learning can witness the effects of better learning even in their bottom line. With improved learning and knowledge retention, employees are better equipped to do their jobs in the most ideal manner possible. Ultimately, developing an employee-centric learning culture allows companies to reap rich dividends in the long term.