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10 Ways Online Learning Can Transform Your Business

10-ways-online-learning-can-transform-your-business

[[p]]For your business to stay competitive and attract employees, it needs to offer learning and development opportunities that advance careers. In this [[a href="https://digitalmarketinginstitute.com/blog/what_are_the_most_important_digital_skills_and_job_trends" target="_blank"]]new era of flexible and hybrid working[[/a]], online learning is becoming even more important as a way to upskill and transform your workforce.&nbsp;[[/p]]

[[p]]It&rsquo;s not enough to offer basic training or hope people can learn &lsquo;on the job&rsquo;. Today&rsquo;s employee wants a roadmap to career advancement which includes personalized training in [[a href="https://digitalmarketinginstitute.com/resources/ebooks/dmi-and-economist-group-white-paper-talent-and-technology-in-2020-and-beyond" target="_blank"]]skills required in a digital age[[/a]].&nbsp;[[/p]]

[[p]]According to [[a href="https://trainingmag.com/training-magazine-ranks-2021-training-top-100-organizations/" target="_blank"]]Training Magazine[[/a]], the top 100 organizations that excel in training have a mean training budget of $16.2 million, representing over 5 percent of payroll for employee development. For many organizations, particularly those with global workforces, offering online training has helped improve job satisfaction, customer engagement, and drive revenue.[[/p]]

[[p]]With[[a href="https://digitalmarketinginstitute.com/blog/how-to-boost-digital-skills-through-learning-development" target="_blank"]] learning and development[[/a]] now a key way to attract millennials and Gen Zers, along with retaining staff, offering online learning content can go a long way to getting the talent you need and establishing your business as a leading employer brand.[[/p]]

[[p]]Do you still need convincing?! Have a look at 10 ways online learning can transform your business, particularly when it comes to skills - like digital - that need to be continuously updated.[[/p]]

[[p]]Learning online requires 40-60 percent less employee time compared to traditional learning.[[/p]]

[[p]][[a href="https://elearningindustry.com/online-learning-statistics-and-trends" target="_blank"]]42 percent[[/a]] of U.S organizations have seen an increase in income as a result of e-learning[[/p]]

[[p]][[a href="https://learning.linkedin.com/content/dam/me/learning/resources/pdfs/LinkedIn-Learning-2020-Workplace-Learning-Report.pdf" target="_blank"]]57 percent of L&amp;D pros[[/a]] expect to spend more on online learning globally to upskill and reskill employees[[/p]]

[[p]]Today&rsquo;s companies want the capacity to upskill and reskill employees on a global scale and [[a href="https://learning.linkedin.com/content/dam/me/business/en-us/amp/learning-solutions/images/wlr21/pdf/LinkedIn-Learning_Workplace-Learning-Report-2021-EN-1.pdf" target="_blank"]]reduce their reliance on instructor-led training[[/a]].[[/p]]

[[p]]Online learning allows staff to fit upskilling around their busy work schedule as it can be accessed as and when required.[[/p]]

[[p]][[a href="https://www.pwc.com/gx/en/services/people-organisation/publications/workforce-of-the-future.html" target="_blank"]]74 percent of employees[[/a]] are ready to learn new skills or re-train to remain employable in the future.[[/p]]

[[p]][[a href="https://learning.linkedin.com/content/dam/me/learning/resources/pdfs/LinkedIn-Learning-2020-Workplace-Learning-Report.pdf" target="_blank"]]94 percent of learners[[/a]] see the benefits of making time to learn with 86 percent of online learning happening during the working week.[[/p]]

[[p]]59 percent of Millennials, 44 percent of Gen Xers, and 41 percent of Baby Boomers say [[a href="https://www.gallup.com/workplace/236438/millennials-jobs-development-opportunities.aspx" target="_blank"]]opportunities to learn and grow[[/a]] are extremely important when applying for a job.[[/p]]

[[p]][[a href="https://www.prnewswire.com/in/news-releases/82-of-employees-would-quit-their-jobs-because-of-no-progression-careeraddict-study-reveals-840291091.html" target="_blank"]]82 percent of employees[[/a]] would leave their job if there was no prospect of advancing in their role while [[a href="https://www.totaljobs.com/media-centre/two-in-three-workers-quit-due-to-a-lack-of-learning-and-development-opportunities" target="_blank"]]9 in 10[[/a]] want their employer to offer more training courses to develop new skills.[[/p]]

[[p]]63 percent of[[a href="https://learning.linkedin.com/content/dam/me/business/en-us/amp/learning-solutions/images/wlr21/pdf/LinkedIn-Learning_Workplace-Learning-Report-2021-EN-1.pdf" target="_blank"]] L&amp;D pros agree[[/a]] that learning and development have a seat at the C-suite table citing it as a &lsquo;need to have&rsquo; for organizational growth[[/p]]

[[p]]Thriving in a digital age is a real possibility, but you need talent along with technology to achieve it. The Digital Marketing Institute works with [[a href="https://digitalmarketinginstitute.com/business" target="_blank"]]companies of all sizes to provide expert, relevant and up-to-date digital marketing and sales training[[/a]] for your workforce. Contact us today to find out what we can do for you.[[/p]]

[[p]][[em]]Updated 2022[[/em]][[/p]]

10 Ways Online Learning Can Transform Your Business

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