Learning without Limits_V4 intro final report presentation
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2. Megaminds’ mission is to build on our record of product excellence and technology innovation to provide the highest-quality and most reliable products to our customers
4. …… .and Goals To provide an environment which encourages our employees to be highly productive and to grow personally and professionally. To constantly seek education and learning, and to apply new technologies and best business practices . To develop and maintain quality products through continuous improvement and excellent customer service.
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6. THE PROBLEM Current training approach inefficient, expensive and ineffective Recent increase of workplace accidents due to slow training turnover time
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8. Importance to Megaminds Standardized and consistent information and training as a preventative measure to reduce workplace accidents Flexibility, convenient and accessible via telecommuting Key to competitive advantage is made from knowledge economy Government compliance to Health and Safety Commitment to fostering a knowledge-based workforce
10. Decrease travel costs for classroom training and learning.... … ..resulting in substantial savings
11. Can be customized to accommodate workplace diversity Reduce time from face to face training to focus on value added operational activities Consistent and standardized online curriculum content
12. Multimedia learning saves 20% in the first year of implementation. In the second and third years, the savings grows to nearly 50%
13. Dow Chemical reduced $95 per learner on classroom training, to only $11 per learner with electronic delivery . A n annual saving of $34 million (Shepherd, 2002)
14. Ability to scale up or down to accommodate the number of “just-in-time” learning Increase availability of learning opportunities for shift workers
15. Ability to monitor their own learning and understanding Improve the ability to track learning and reporting
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Notes de l'éditeur
www.megaminds.ca
Reduce supervisors time from many hours of face to face training to value added operational activities Develop consistent and standardized online material Can be customized to suit specific issues and challenges Increase availability of learning opportunities for shift workers Ability to scale up or down to accommodate the number of learners with “just-in-time” learning Improve the ability to track learning and reporting The self test section allows employees to monitor their own learning and understanding. Decrease costs for traveling staff to classroom learning Cost effective significant reduction in training costs www.megaminds.ca
Cost of e-Learning creation Development costs for custom e-learning are 4 times more than traditional classroom instruction. However, when calculated, custom multimedia learning saves 20% in the first year of implementation. In the second and third years when development costs are not a factor, the average savings for multimedia learning grows to nearly 50% Cost of licensing e-Learning For off-the-shelf multimedia training, the savings in the first year increase to an average of 45% (Allen,2000). More users = more savings More users mean costs can be amortized over an increased number of users reducing the cost of training per head More geographically diverse = more savings E-Learning is flexible, self-paced and can occur any time and any place. Ideally suited for training employees who are dispersed globally. Easily modified making it adaptable for translation and change of content for different cultures and languages. www.megaminds.ca
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