SkillSoft training provides value to individuals and organizations by having a high applicability to jobs, increasing productivity by 19.1% more than industry benchmarks, and having a positive business impact. The training is immediately applicable, with 50.2% of learners applying it within a week. Organizations that invest in learning and development through solutions like SkillSoft significantly outperform peers in areas like innovation, agility, efficiency, quality, and market share.
Executive Roundtable: Measuring Marketing and Sales Alignment
Moving The Needle Infographic
1. MOVING THE NEEDLE
How SkillSoft Learning Impacts Performance
of Individuals & Organizations
February 2011 Increasing value over time
KEIRAN KING
High applicability
Global Director, Loyalty Strategy Business impact
SkillSoft Confidence
What value does SkillSoft training provide According to a study by the
to individuals & organizations? In late ROI Institute - CEO’s primarily
2010, KnowledgeAdvisors, the world’s largest want to know:
learning analytics firm, conducted an What is the expected impact on business
independent study to answer the question. results -
What is the expected return on
investment -
I was able 50.2% 1 WEEK
to apply Compared to other learning providers:
24.8% 2-4 WEEKS
training
>>>>
within: 11.3% 5-6 WEEKS
Greater applicability: SkillSoft’s training
is more immediately applicable to the
job, outperforming industry benchmarks
11.8% I HAVEN’T APPLIED
WHAT I LEARNED YET, BUT by 20.1% in the first 6 weeks
PLAN TO IN THE FUTURE following training.
Greater Business Impact: impact on
productivity was rated 19.1% higher
1.9% I DON’T EXPECT TO USE
THE KNOWLEDGE/SKILLS
for SkillSoft solutions compared to
GAINED
industry benchmarks
8/10 said they ¾ indicated 7/10 learners
SkillSoft Courses easily integrate into the that SkillSoft said it was
were satisfied
day-to-day flow of work, but how does this or strongly training was a helpful in
translate into business results? satisfied worthwhile their career
investment development
Business Impact
11.1% Employee Satisfaction
10.4% Customer Satisfaction
9.8% Quality of learners
90%
8.7% Decreasing cycle time valued having
8.6% Increasing sales
access to
8.3% Productivity
8.1% Decreasing costs SkillSoft
7.6% Decreasing risk e-learning
resources
REAL IMPACT, LONG-TERM SUCCESS *
Organizations with strong learning cultures significantly outperform their peers
in the following areas:
>>>>
INNOVATION > 46% more likely to be first to market AGILITY > 58% more prepared to meet future demands
EFFICIENCY > 37% greater employee productivity MARKET SHARE > 17% more likely to be the market
QUALITY > 26% greater ability to deliver quality leader
products
Source: Bersin & Associates: Building a Borderless Workplace