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Demo Series | Training Operations: Unlock the Power of a Training Management System. Managing Training as a Business with a Training Management System
The document discusses the importance of adopting a Training Management System (TMS) to enhance the efficiency of training operations in organizations, especially those involved in instructor-led and virtual instructor-led training. It highlights key trends in the training industry, including the growth of ILT/VILT, the need for better resource management, and the shift from cost centers to profit centers. Training Orchestra offers a robust TMS that helps organizations optimize scheduling, improve resource utilization, and track performance metrics effectively.
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Demo Series | Training Operations: Unlock the Power of a Training Management System. Managing Training as a Business with a Training Management System
- 1. Managing Training asa Business with a Training Management System D E M O W E B I N A R S E R I E S TRAINING OPERATIONS: UNLOCKING THE POWER OF A TRAINING MANAGEMENT SYSTEM www.trainingorchestra.com Peter Olyarchuk Director of Sales p.olyarchuk@training-orchestra.com us: +1 864 663 3400 Thierry Tong Viet Training Management Solution Specialist t.tong-viet@training-orchestra.com us: +1 714-845-7125
- 2. Faced with therealities of the modern learning environment, organizations ignore classroom training at their peril… …In the modern learning experience conversation, the Training Management System (TMS) can carry as much weight as the LMS and the LXP. -- Brandon Hall Group, Research Brief: ILT / vILT and the Rebirth of the Training Management System “ “
- 3. Agenda Top 5 Trendsin Training in the New Today Who is Training Orchestra? Q & A Managing Training as a Business: Training Orchestra Use Case and Demo The Modern Learning Tech Ecosystem
- 4. Managing Training asa Business ILT/vILT represents +70% of formal training and holds the highest knowledge retention rate. While Training Businesses delivering ILT & vILT are growing fast, this industry is constantly challenged to do more and better with less. But as of today, ILT Training Businesses are still managed with a patchwork of systems and XLS spreadsheets and outlook, creating inefficiencies and siloes. NOT an LMS LMS focus on e-learning and e-payment Training Orchestra provides an end-to-end software designed to make your operations more successful by: • Optimizing session scheduling. • Making the most of your resources. • Improving financial performance. • Increasing productivity. • Easing collaboration. What’s it about?
- 5. Award-winning Training Resource Management System Trustedglobal provider of Training Management System Software Transforming the way Instructor-Led and Virtual Instructor-Led Training is managed $6B Budgets Managed 20+ Years in Business 600+ Clients Who is Training Orchestra?
- 6. Top 5 Trendsin Training for the “New Today” • Need to schedule more sessions and ensure better remote collaboration • More resources to manage than ever before: New tools, roles, and technologies Complexification of ILT ( vILT) • Need for the best instructors/experts to help with unprecedented organizational transformation • vILT is an opportunity for new revenue streams Boom in ILT / vILT 1. 2. 3. 4. • More and more organizations are monetizing their external training 5. *Source: Training Industry Magazine, Data Fluency in Learning 2020, Leading Learning During the Covid-19 Pandemic – Training Industry Moving from cost center to profit center • Need to make the most of strategic resources and to control the investments Strong financial pressure to do more with less Need for technology investments with strong ROI & immediate payback • Less focus on “shiny new things” • More focus on the “core”: Collaborative Learning Platform / LEP, Training Management System (TMS), Accounting, CRM, LMS…
- 7. The New LearningTechnology Stack Back office Focused on learning professionals Front office Focused on the learner
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- 9. Poll Question: What isyour biggest pain point when it comes to managing Training Operations?
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- 11. Challenges Solution: Why Training Orchestra Needto: • Manage training as a business for their internal employees and external trainees • Ease communication with 17,000 instructors and subject matter experts (SMEs) • Better utilize resources (instructors, rooms, equipment) to save time and budget • More easily manage manual processes including modifying sessions, cost tracking and communications • Ability to set objectives for trainer assignment rates and anticipate peaks • Ease communications with an Instructor Portal, and allow self- assignment to training sessions that need an instructor • Automated scheduling and resource management • Easy access to real-time Key Performance Indicators (KPIs), budget monitoring, and cost tracking Large Consulting Firm – Internal and External Training Benefits / Results Additionally: • Trainer database always up-to-date • More reactivity to book trainings and to launch recruitment campaigns for new instructors • Improved communication between all stakeholders • Direct consolidation of the use of costs / resources • Less workload Use Case: $ Annually: $4.7 M in budget saved First 3 months: 80% time saved by team in charge of scheduling First 6 months: Increase resource utilizaztion rate from 65% to 85%
- 12. Training Management Software:Training, Optimized COSTS & REVENUES TRAINING RESOURCES EXISTING SYSTEMS PRIVATE & PUBLIC MANAGE YOUR PRODUCT OFFERING OPTIMIZE FINANCIAL PERFORMANCE OPTIMIZE SHEDULING & RESOURCE USE MAKE THE MOST OF YOUR SYSTEMS
- 13. Demonstrating Value: Managing Trainingas a Business with a Training Management System
- 14. Make the mostof your existing systems! TMS Training Orchestra Website CRM LMS Accounting of Training Businesses have +5 existing technologies. 91%
- 15. Whoever your audience,we have the solution! • Order then schedule? Or schedule and register? Private or public sessions? • Make the most of your strategic resources like trainers? Or budgets? Internal or external resources? • Do we interface with your systems? Or, Training Orchestra manages the process? Leverage existing systems? • More direct B2C or B2B ordering process? Or Both? Sell to learners or to B2B clients? • Increase profitability? Or economic performance? For profit or not for Profit
- 16. How can wehelp? What would be the best next step for you?
- 17. Q & A contact@training-orchestra.com www.trainingorchestra.com PeterOlyarchuk Director of Sales p.olyarchuk@training-orchestra.com us. +1 864 663 3400 Thierry Tong Viet Training Management Solution Specialist t.tong-viet@training-orchestra.com us: +1 714-845-7125 @TrainingOrc
- 18. Thank you forjoining us! contact@training-orchestra.com www.trainingorchestra.com Peter Olyarchuk Director of Sales p.olyarchuk@training-orchestra.com us. +1 864 663 3400 Thierry Tong Viet Training Management Solution Specialist t.tong-viet@training-orchestra.com us: +1 714-845-7125 @TrainingOrc