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Improving the Effectiveness of Corporate Training
This document discusses how visual collaboration tools can improve the effectiveness of corporate training by addressing key challenges like budget constraints, a geographically dispersed workforce, and training effectiveness. It argues that visual collaboration tools can reduce costs by lowering travel expenses, improve scheduling, leverage subject matter experts more effectively, and improve work-life balance. This results in better training engagement, increased retention of knowledge, and the ability to include remote participants. The document provides examples of how interactive whiteboards have increased corporate sales and margins from 2008 to 2010.
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Improving the Effectiveness of Corporate Training
- 1. Improving the Effectiveness of Corporate Training with visual collaboration solutions
- 2. 2 Key TrainingChallenges Budget Constraints Geographically dispersed workforce Effectiveness of training initiatives
- 3. 3 Impact ofVisual Collaboration Tools Impact Reduced travel & associated costs Improved scheduling Leverage scarce (SME) resources Improved work-life balance Improved retention Resulting In Better engagement Increased retention Engagement of remote participants Improved clarity Enablement of satellite classrooms Capabilities Interactivity More Collaborative More Visual Interconnected Improved content design Better training results Lower cost of delivery Better business results
- 4. 4 Enabling theClassroom 40,000 30,000 20,000 10,000 - IWB Growth - Corporate 2008 - 2010 +75% 2008 2009 2010 All Other SMART +38% Incremental margin $ based on corporate solution sales Traditional margin $ based on IWB unit sales to Education Adding interactivity leads to: • Better content creation • More collaborative learning • Higher engagement • Increased motivation to learn • Improved clarity of communication • Increased retention
- 5. 5 Extending theClassroom Connecting classrooms and individuals Increase engagement and improve experience for remote participants 40,000 30,000 20,000 10,000 - IWB Growth - Corporate 2008 - 2010 +75% 2008 2009 2010 All Other SMART +38% Incremental margin $ based on corporate solution sales Traditional margin $ based on IWB unit sales to Education Improve clarity over distance Enable satellite classrooms and leverage scarce (SME) resources Improve scheduling Reduce travel
- 6. 6 Enhancing theClassroom Multiple displays enable trainers to: 40,000 30,000 20,000 10,000 - • Manage multiple sources of content • Increase flexibility for breakout sessions • Drive engagement and retention IWB Growth - Corporate 2008 - 2010 +75% 2008 2009 2010 All Other SMART +38% Incremental margin $ based on corporate solution sales Traditional margin $ based on IWB unit sales to Education
- 7. 7 Enhancing theClassroom Adding remote connection enables trainers to: • Engage and collaborate with satellite classrooms of any type • Collaborate on all shared content encouraging active participation 40,0 0 30,0 0 20,0 0 10,0 0 - IWB Growth - Corporate 20 8 - 2010 +75% 2008 2009 2010 Al Other SMART +38% 40,0 30,0 20,0 10,0 - IWB Growth - Corporate 20 8 - 2010 +75% 2008 2009 2010 Al Other SMART +38% • Provide greater flexibility and control for remote participants
- 8. 8 Enhanced DeliveryMethodologies Corporate Training Delivery Methods Instructor-led classroom 57% Self-paced Delivery: Enhance content, increase clarity and engagement Self-paced online Instructor-led online/remote 15% 22% Mobile technology 0% Other 6% Instructor-led Classroom: Increase engagement, collaborative learning, and retention. Instructor-led Remote Delivery: Increase engagement, connect satellite classrooms, facilitate collaborative learning, increase retention Source: State of the Industry, 2011 – ASTD
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