Dun & Bradstreet Small Business - Dun & Bradstreet Credibility Corp
navigation background image right
 
 
 
 

Three Reasons to Rethink Your Employee Training

Sunday, August 10 2008
Organizations, like Southwest Airlines, that are successfully customer-focused focus first on their employees. These companies invest in training their employees in customer service as well as other areas. Your organization probably invests a considerable amount of money in training as well.

 

However, when the economy declines, as it is now, the training budget is usually one of the first to be reduced or eliminated. This is often especially true of larger organizations where trainees must fly in and stay overnight at the training location.

 

What’s Your Training Paradigm?

 

Many organizations rely on classroom training to train their new hires. Pharmaceutical companies are not alone in sending their new hires to a six-week training program. Does your organization rely primarily on classroom training? Or do you have a mix?

 

Over at Converstations, Mike Sansome has posted two great videos from YouTube. The two total six and a half minutes, so click over and watch them, then come back here. They demonstrate how times are changing.

 

More and more people are using, and growing accustomed to, various forms of distance learning. No, the various types of distance learning (webinars, e-courses, videos, podcasts, etc.) are not perfect, but then neither is classroom training.

 

Three Reasons Why You Should Consider Distance Learning

 

Here are three reasons why your organization should take a fresh look at giving distance learning a larger market share of your training program.

 

  1. It’s cheaper per trainee. Let’s say it costs you $250 to train an employee in a classroom environment. If you spend $5000 developing an e-course as a substitute, once you’ve run 20 trainees through, you’ve paid for the course. With gasoline and airfares rising, training and travel budgets are severely challenged.
  2. Distance learning positively impacts employee engagement. People are becoming more used to taking distance learning courses. According to these podcasts by NPR, many universities are incorporating distance learning into their degree requirements. Many employees would rather take an e-course after watching an episode of Lost, than have to spend a day or longer in a classroom or spend several days away from their families.
  3. Distance learning supports employee productivity. My organization covers six states. Many employees lose a full day of travel time just getting to and from a training opportunity. Using distance learning eliminates this travel time and allows the employee to spend more time on his or her responsibilities. This is also a key selling point for their supervisors who don’t want their employees taken out of their territories or offices.

Distance learning is not always a substitute for classroom training. But if you can take a two-day classroom course and require several e-courses as prerequisites, which cuts out a day of classroom training, then you may be able to reduce your cost per trainee by 40 percent or more. Isn’t that important to you in times like these?

Related Content

Five Tips for Avoiding Undercapitalization of Your Business
Undercapitalization, or lack of sufficient operating capital, simply means the money has run out. Here are some tips...
article
The Importance of a Formal Customer Service Manual
Create better customer service by building a manual.
article
Ten Employee Training Tips
The time and money you spend teaching employees how to do their jobs could turn out to be...
article
The Benefits of Skill-Based Training
Training your workers can be a tremendous drain on your time and resources. But skill-based training can also...
article
How to Coach Your Boss
You can coach and support your boss using these three simple steps.
article
Using Behavior-Based Interviewing Techniques
To find top employees and hire the right job candidates, you need to use smart interviewing tactics to...
article
Train Your Employees to Grow Your Business
To make sure your business performs well, you need to help your employees perform well.
blogpost
How to Make Sales Training Stick
Here are some tactics for getting employees motivated and engaged in sales training.
article
Who Stole Your Sales Mojo?
Your sales mojo encapsulates the inner game of selling, which is who you are and how you present...
article
Using Barter in Your Startup
Barter can be a convenient way to cut back on expenses when your business is in the startup...
article
How Angel Investors Can Help Your Business
Finding the right angel investor can be more beneficial than getting a traditional bank loan.
article
How to Use KPIs to Help Run Your Business
KPIs and dashboards are here to stay, and companies are most successful that tie their operational activity to...
article
8 Collateral Marketing Items Every Small Business Needs
From company fact sheets to biographies of key employees, preparing collateral marketing material is imperative for the success...
article
Top 10 Tips for Writing Your Business Plan
What's the secret to a great business plan? Create a vision, don't ignore your customers, and be prepared...
article
Government Help with Laying Off Employees
Many companies have been forced to terminate employment for a portion of their staff to ensure the sustainability...
blogpost
Why Salespeople Fail and What Managers Can Do About It
These six principles for managers can help build a world-class sales team.
article
Finding Employees
Once you have identified the skills needed for the positions you want to fill, there are many sources...
article
Do You Get Good "Jiminy Cricket" Advice?
Every business owner needs someone who will tell them the truth.
blogpost
Closing the Deal: How to Get Prospective Employees to Sign On
Discover the best way to get your dream candidates on board by selling not only the specific opportunity...
article
Performance Reviews: A Guide for Managers
When conducting employee performance reviews, use these simple but effective tactics to help minimize your employees' anxiety and...
article
Business Name:
City (optional):
State:
Country:
My Business
Other Business
Related Products
1-877-753-1444
Mon-Fri 8am - 9pm ET
Resources & Tools
Email Us
Email us if you have any questions about our products, services or website. Or give us a call at 1-800-333-0505
Education Center Education Center
Running a small business and staying informed go hand in hand.
White Papers White Papers
Get insights from D&B and other knowledgeable sources.
Email Your Company's DUNS NumberD&B D-U-N-S® Number Search
Need to know your company's DUNS Number? Get it emailed to you.
D&B Credibility Review - Control what others see