Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

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Content is king. Learning resources and content are the foundation of your employee learning and development program, but what's the right mix? Do you build it from scratch? Borrow it from free or open resources? Or buy it from a training producer or vendor? Each source of content, build, borrow and buy has advantages. What's important is to understand what the right mix is for your organization and your employees. In this webinar we'll discuss:

- Why content acquisition is central to successful employee training
- For each of the three options – Build, Borrow & Buy, we’ll cover:
- What content might work best
- Common challenges with each choice
- Advantages of each choice
- Questions to ask so you can build a plan that is best for your organization.

www.bizlibrary.com/webinars

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Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

  1. 1. Do you Build, Borrow or Buy?
  2. 2. 6,000+ Courses. 25 Topic Areas. Unlimited Access. Improve your employees' performance with the largest and fastest-growing library of on-demand training videos and eLearning courses today!
  3. 3. POLL QUESTION Other than your instructor-led training, do you currently build any of your own online training content? A. No all of our training is instructor-led. B. No, we use any free resources we can borrow. C. Yes, it’s a blend. We create some and buy or borrow other training. D. Yes, we primarily build our own online training. E. Something else.
  4. 4. POLL QUESTION Including classroom content, how many NEW courses did you build and introduce to employees in the past 12 months? A. 0 B. 1-3 C. 3-6 D. 6-10 E. 10+
  5. 5. What You’ll Learn: 3 2 1 Why content acquisition is central to successful employee training. What content might work best. Common advantages and challenges with each – build, borrow and buy. Questions to ask so you can make the most informed choice.
  6. 6. BIZLIBRARY.COM Overall spending on employee training in U.S. organizations is $164 billion. COMPANY SIZE (# of Employees) Smaller organizations typically spend more per employee than larger organizations. $700 $964 $1,800 COST PER EMPLOYEE PER YEAR $1,195
  7. 7. Trends That Affect How We Work Together UPSIDE DOWN HIERARCHY PEER POWER VIRTUAL REALITY DEMOGRAPHIC TSUNAMI
  8. 8. BIZLIBRARY.COM NEXT GEN LEARNING STRATEGIES: business environment flexibility and agility focus on learning outcomes
  9. 9. BIZLIBRARY.COM CREATING A FRICTIONLESS LEARNING EXPERIENCE: reliability relevance quality
  10. 10. BIZLIBRARY.COM • Off-the-shelf content • Video training • Learning management systems • Mobile learning Cox eLearning Consultants, Learning Solutions Forecast: 2014 Edition Top 4 Learning Solutions for 2014
  11. 11. WHAT IS CONTENT: anything that answers a question that we might be asking in the moment SOCIAL PERFORMANCE
  12. 12. Business objectives CONTENT ? ?
  13. 13. DEVELOPING A CONTENT ACQUISITION STRATEGY: BUILD BORROW BUY
  14. 14. BIZLIBRARY.COM 10% BUILD 40% BORROW 50% BUY 50% BUILD 40% BORROW 10% BUY BORROW BUILD BUY Small And Mid-Size Large THE MIX
  15. 15. BIZLIBRARY.COM BUILD your pillars
  16. 16. BUILD: what are the business objectives and employee needs CHALLENGES: specialized skills authoring tools maintenance time
  17. 17. How Tony Roma Employees use Video to Teach Important Job Skills The world is changing. People are changing. To be effective, our employee training is changing to meet them where they are. Jessie Bray, VP of Training and HR, Romacorp.
  18. 18. TRADITIONAL COURSE
  19. 19. LEARNING NUGGETS
  20. 20. USER- GENERATED: most learning is not formal Learning is more effective when it is active rather than a passive process.” Euripides
  21. 21. THE POWER OF VIDEO: • easy and convenient • short learning bursts • multiple devices • shareable • user-generated comments and ratings • higher learner retention and engagement
  22. 22. BORROW: relevancy, context and authority CHALLENGES: credibility quality time adding value
  23. 23. + insight + insight + insight CURATE – ADD VALUE
  24. 24. BUY: why recreate the wheel CHALLENGES: vendors selection relevancy cost
  25. 25. BIZLIBRARY.COM Course: Organizational Effectiveness - Take action to provide the resources employees need for success Target: Managers Providing Resources - Define the strategic priorities for the department and align the required resources Target: Managers
  26. 26. BIZLIBRARY.COM Adobe Captivate 7: Creating a Project by Importing a PPT – Target: Instructional Designers Adobe Premiere Pro CS6: Creating a New Project Target: Instructional Designers / Video Developers
  27. 27. BIZLIBRARY.COM Free trial of the BizLibrary Collection 6,000+ Courses. 25 Topic Areas. Unlimited Access. Improve your employees' performance with the largest and fastest-growing library of on-demand training videos and eLearning courses today!
  28. 28. BIZLIBRARY.COM Chris Osborn Vice President of Marketing cosborn@bizlibrary.com @chrisosbornstl Jessica Batz Marketing Specialist jbatz@bizlibrary.com @jessbatz @BizLibrary

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