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A lot of learning on the job happens through trial and error. But some jobs can’t afford that. One single mistake could have enormous costs, both material and human. In critical situations where data is incomplete or unreliable, failure is not an option. Even the best people need to be trained in making the right decisions, and training simulations provide the best solution for this.
Perhaps there are things that money cannot buy, but there are plenty of things that can be bought, and some things are better to be bought. I’m sure I’m not the only one who’d rather pay for a decent product or service than get it for free or for a lower value and be disappointed with it in the end. But at the same time, there’s something magic about getting something for free or for a bargain price. Until a future of massively efficient — and still free — MOOCs, companies in need of training solutions will have to seriously consider the present vendors that demand payment.
If we go with the saying “Don’t put all your eggs in one basket”, the best business training strategy is to adopt a mixture of learning solutions if L&D professionals want to increase ROI and cost efficiency. The future of blended learning in business training is about combining the best of online and face-to-face teaching. Virtual solutions can bring people together to solve various business problems.
Question: What do all companies have in common, no matter their size, industry or field of activity?
Answer: They all hire millennials.
In a post from last month I presented five simple solutions for training millennials and I also promised we’ll explore another five in a future post. Well, this is the future post. Let’s dive in!
Corporate learning is critical for increasing skills, improving the leadership pipeline, and enhancing employee engagement. As millennials transform the workplace we have known for the past decades, it is essential for businesses to assess their current learning environment and strive to build a corporate learning experience that is customized for every employee.
