Planning For Success: An Introduction To eLearning Costs And How To Reduce Them
Minimizing the costs of training so that training ROI improves becomes a real pain point for training managers. Especially when a small budget seems to leave you with few options apart from a generic and unengaging classroom workshop.
You see, trying to cut down by creating a one-size-fits-all program usually leaves learners pondering how relevant the content is to their roles and career ambitions. And cramming a year’s training into three full days just leaves them feeling exhausted and overwhelmed. The result? Real learning takes a back seat, and the financial investment (albeit small) just doesn’t pay off. That’s probably what Benjamin Franklin meant when he once said that “an investment in knowledge pays the best interest”. He wasn’t far wrong. But really, training and development isn’t like investing in a savings account. It’s more like paying for rent. Because just like a home is a necessity (rather than a ‘nice to have’), training is necessary for business growth.
In the eBook Planning For Success: An Introduction To eLearning Costs And How To Reduce Them, you’ll explore the different costs associated with training and how you can make the most out of your training budget while still meeting your learning objectives. Whether you’re just starting out, or you’ve been embracing eLearning for years, in this eBook you’ll learn how to create engaging and cost-effective eLearning courses, with a positive ROI.
About The eBook
Here are the key chapters of Planning For Success: An Introduction To eLearning Costs And How To Reduce Them:
- The Direct Costs Of eLearning Development
In this chapter, you’ll discover the four types of costs all eLearning course budgets must include and ways to determine how much to spend on each. - The Hidden Costs Of eLearning Development
What you don’t know, will hurt you. In this chapter, we reveal some of the most common hidden costs so you can plan them into your budget from the start. - Are Online Training Costs Higher Than Offline Training Costs?
Online or offline? In this chapter, we’ll give you a roadmap to determine which type of training is best suited for your needs and your budget. - Are All These Costs Worth It?
In this chapter, we’ll show you how to measure your training return-on-investment to appease and impress your stakeholders. - How To Develop A Course On A Budget
Think ahead. In this chapter, you’ll learn the the tips to plan a course using cost-reduction strategies. - How To Reduce Costs When You’ve Gone Over Budget
Have you gone over budget? In this chapter, we’ll recommend more ways to cut costs to improve your training ROI. - The Costs Of Not Implementing A Corporate Training Program
Finally, in this chapter we’ll reveal the risks of not investing in a training program.
Training offers almost endless benefits for both employees and businesses. Like, more satisfied and confident employees, reduced staff turnover, and higher productivity levels and general business performance. To ensure you create effective, high-quality training that pays off in tangible business results and doesn’t break the budget, download the eBook Planning For Success: An Introduction To eLearning Costs And How To Reduce Them.
Related articles:
1. The Costs Of NOT Implementing A Corporate Training Program
2. How Well-Planned Corporate Training Can Affect Your Business Growth And Profit
3. Reduce The Cost Of Training Employees With These Simple Techniques