In today’s fast-paced business environment, continuous learning and professional development are crucial for companies to stay competitive. Online corporate training programs offer a flexible and convenient solution for organizations to upskill their employees. However, with so many options available, it’s important to consider various factors before selecting the right online corporate training program for your company. In this article, we will discuss the key considerations that can help you make an informed decision.
1. Assess Your Training Needs
Before diving into the search for online corporate training programs, evaluate your organization’s training needs. Identify the specific skills and knowledge gaps that need to be addressed. Consider the job roles, departments, and overall goals of your company to determine the areas where training can have the most impact.
2. Define Learning Objectives
Clearly define the learning objectives you want to achieve through the corporate training program. Whether it’s improving technical skills, enhancing leadership abilities, or fostering a culture of innovation, having well-defined objectives will guide you in selecting the most relevant courses or modules.
3. Content Quality and Relevance
Thoroughly evaluate the quality and relevance of the training content provided by the online corporate training program. Look for programs that offer up-to-date and industry-specific content. Assess the curriculum, course materials, and learning resources to ensure they align with your organization’s needs and objectives.
4. Interactive Learning Features
Engaging and interactive learning experiences lead to better knowledge retention and skill development. Consider online corporate training programs that offer interactive features such as quizzes, assessments, simulations, and multimedia elements. These features can enhance learner engagement and make the training more effective.
5. Learning Management System (LMS) Integration
If your organization already uses a learning management system (LMS), ensure that the online corporate training program can integrate with your existing system. Seamless integration will make it easier to track employee progress, generate reports, and manage training records.
6. Scalability and Flexibility
Consider the scalability and flexibility of the online corporate training program. As your organization grows and training needs evolve, the program should be able to accommodate changing requirements. Look for options that allow for customization, modular learning, and the ability to scale the training to a larger audience.
7. Instructor Support and Collaboration
While online corporate training programs offer self-paced learning, having access to instructor support can be beneficial. Look for programs that provide opportunities for learners to interact with instructors, ask questions, and receive feedback. Collaboration features such as discussion forums or virtual classrooms can also foster peer-to-peer learning and knowledge sharing.
8. Track Record and Reviews
Research the track record and reputation of the online corporate training program provider. Look for testimonials, case studies, or reviews from other companies who have used the program. Consider factors such as customer satisfaction, success stories, and the overall reputation of the provider in the industry.
9. Cost and Return on Investment (ROI)
Consider the cost of the online corporate training program in relation to the expected return on investment (ROI). Evaluate the pricing structure, licensing options, and any additional costs such as customization or support. Assess the potential benefits, such as increased employee productivity, improved job performance, and reduced training costs in the long run.
10. Technical Support and Resources
Technical support is crucial when implementing an online corporate training program. Ensure that the provider offers adequate technical support, troubleshooting resources, and user guides. Consider factors such as system compatibility, ease of access, and the availability of mobile or offline learning options.
How Online Courses Work
It is not uncommon for team members who attend in-person training to become distracted and lose focus. After all, they are expected to continue business as usual while also allocating time to being present for training and absorbing foreign skills. As a result, team members have less of an opportunity to absorb information and get behind on work, causing excess stress.
On the other hand, online corporate training programs offer team members the ability to attend sessions on their own time. Therefore, they will not be distracted by looming work with quickly approaching deadlines. Online training programs are often self-paced, too! So, students can stop and start the lesson as they wish.
Budget Considerations When Choosing a Program
Let’s take a look at an example of how online corporate training programs can help save corporations a big chunk of change. Project management is an extremely Common Core competency for employers to require in candidates. This is because day-to-day tasks in an organization are often project-based! Therefore, it is important for all team members to be on the same page about how to effectively complete tasks in order to arrive at a common goal.
The typical duration of training courses is four days to 1 week. A big chunk of this training will appear as PMP certification prep. Keep in mind that the average corporate training fee can vary. However, standard corporate training rates are as follows:
America, Canada, Australia: ~1500 USD
South America (Brazil, Chile, etc.): ~600 USD
China, India: ~500 USD
European Countries: ~1200 USD
Arabian Countries: ~2000 USD
As you can see from the statistics above, training programs can be costly. Online training programs are typically more affordable and preferred by team members everywhere. If you have a large corporation, you might get to negotiate a deal with your corporate training program to bring the cost down even more.
If the low cost isn’t enough to convince you that online corporate training programs are the way to go, consider the decrease in planning and conducting of the training themselves. Your HR department will thank you as they can focus on other issues unrelated to training programs. Not only that, but some training programs can fill up faster than others. This causes frustration amongst employees and decreases team morale. Online corporate training programs have a higher cap when it comes to student count.
Supporting Your Workforce With Online Programming
The great part about offering employees online corporate training programs, is that they can choose to attend them on their own time. Employees are allowed to start and stop the courses as they see fit. This offers incredible flexibility and allows them to continue work as normal.
As you can see in the project management training cost analysis above, employees must attend up to a week of in-person training. This means that while they attend the training, they will be unable to be present in the office. As a result, companies will experience a decrease in overall productivity. This is a hidden cost that organizational leaders should take into consideration when deciding between online and in-person training.
Sign-up for a 7-day free trial! Try the first two modules of Brain Sensei’s story-based PMP and CAPM Exam Prep courses and a mini practice exam and see how it all works
Sign-up for a 7-day free trial!
Try the first two modules of Brain Sensei’s story-based PMP and CAPM Exam Prep courses and a mini practice exam and see how it all works
Choosing the right online corporate training program requires careful consideration of various factors. Assess your organization’s training needs, define learning objectives, evaluate content quality and relevance, consider interactive learning features, check for LMS integration, ensure scalability and flexibility, assess instructor support and collaboration options, research the track record and reviews, evaluate the cost and ROI, and consider technical support and resources. By taking these considerations into account, you can select an online corporate training program that meets your organization’s needs and contributes to employee development and business success.
Have you led projects and are looking to earn a project management certification? You might be interested in learning about how lucrative this can be. Check out these articles.
No experience leading projects but still want to get into project management? No problem! Check out these articles.