For the past decade, online schooling has been on the increase, and the Covid-19 pandemic has propelled its widespread use in unprecedented ways, especially for professional career growth. In this article, I have shown “5 Reasons Online Learning Is The Future Of Professional Development”.
Degree-based programs and costly learning and development (L&D) efforts are no longer necessary for those pursuing career growth to maintain an efficient ongoing training environment.
Online learning has its own set of benefits and drawbacks, but the disadvantages aren’t enough to dissuade people from participating in this educational revolution. As a helpful supplement, this method is here to stay.
Without dismissing its drawbacks, I feel that online learning for professional growth is worthwhile to support from my position as an online learning industry leader. I’d want to highlight a few key reasons behind this.
Are you looking for the greatest LMS platform? Get Here to know more.
5 Reasons Online Learning Is The Future Of Professional Development 2023
2. The cost of online learning is low
Learners, instructors, and L&D teams all save money by using online learning. Remote education saves money compared to in-person professional advancement programs (which include expenditures for buildings, transportation, and resources, among other things).
According to a study by Dr. Brent Peterson, learning efficacy is based on three factors: The learning experience accounts for 25% of learning, individual preparedness accounts for 25%, and follow-up activities account for 50%.
The average company spends 10% of its training budget on activities leading up to a training event, and only 5% on activities following up on a training event. 85% of training budgets are wasted, according to this study.
The costs of maintaining remote corporate learning solutions are significantly lower than those of in-person training programs.
Management, travel, and event preparation costs are cut. Teams can reinvest in real-world applications instead. Web-based solutions are also a great option for smaller businesses that can’t afford to invest in a full-fledged LMS.
Of course, the success of an online corporate learning solution is contingent on each employee’s participation. The cost-effectiveness of a program does not guarantee that it will be successful.
These solutions do necessitate a long-term commitment. Instead of a complete replacement, some organizations may choose to integrate web-based solutions as part of their toolbox.
4. Online education is available to people all around the world
Learners can enroll in online programs from practically anywhere in the world, which helps enterprises that have several locations across the world.
Employees may reskill at the same time, no matter where they are, thanks to online learning technologies. Teams from all across the world can train on new materials at the same time.
Employees can even relocate while attending web-based professional enhancement programs thanks to online learning. Any organization can establish a lasting web of global learners who can regain their lifestyle without sacrificing career ambitions by adopting a location-independent, technology-enabled lifestyle.
However, for certain people, the affordability of web-based technology may be a barrier. While 73% of Americans own a computer, global computer/mobile literacy rates are far lower.
In India, for example, there is still a significant gap in computer literacy. As a result, when L&D teams evaluate learning solutions, these hurdles must be taken into account.
Get a Huge Discount On the greatest LMS platform.
Quick Links: