NEWS - 03/06/2010
Increase Product Knowledge via LMS Training
After a lack of finance, one of the biggest single causes of business failure is a lack of knowledge. Whatever your industry or sector, if you and your staff do not have the relevant knowledge – be it product knowledge or industry wide knowledge, the chances of business success are significantly reduced.
Ensuring that your staff are fully equipped with all the relevant information that they need to get the job done may seem simple enough, but for rapidly growing companies and multi-nationals operating in the global arena, knowledge and how to impart that knowledge to your staff is becoming an increasingly difficult challenge.
Many companies are realising that elearning services and tools such as academy learning management systems can bring about a real benefit to their business if implemented properly, significantly improving team product knowledge and offering a real benefit to clients. Research shows that an organisation spending £40,000 within the first year will see a return on investment of £120,000 - £180,000, from an effective LMS Training Academy platform.
Creating an academy was an obvious choice for Worcestershire based Lean enterprise consultancy Lean Transition Solutions Ltd, as Director Brett Griffiths, explains.
“Our learning and development academy has helped us to gain a firm foundation to the training we provide and has seriously leveraged the training success rate,” he says.
“This enables us to quantify the return on investment to our clients and gain true sustainability to the training being used in practice in the work place.”
Growth Engineering created LTSacademy.com, an online university that allows Lean Transition Solution clients to access a continual training platform made up of eLearning content, classroom training materials and information on current available courses, as well as an information centre complete with valuable Lean process resources and articles. All of the learning platform material is fully measureable via a Get Developed zone, which allows continued assessment to take place in the form of quizzes, tests and surveys.
Channel Academy Training can act as an invaluable resource for knowledge sharing within your business, too, and it can also provide excellent ongoing staff training and support in a cost effective way via affordable product knowledge training and online assessment.
Creating and delivering eLearning is an extremely effective way of providing targeted, powerful training in the most cost efficient way. Find Out more about elearning services with Growth Engineering. Telephone: 01753 840 331, Email: info@growthengineering.co.uk