How to Get the Greatest ROI from eLearning

TOPYX LMS

The good news is that there are clear-cut answers to most questions regarding the confusing subject of ROI of eLearning. Does eLearning have a good ROI? Not every type of ROI is measurable. The first step in measuring eLearning’s ROI is determining what the initial investment will cost. The price of an LMS is a huge consideration in determining the overall cost of the initial investment into eLearning.In This can have a sizeable effect on an ROI.

ROI 86

High time for ROI

Jay Cross

Following a keynote by Ed Cohen, former CLO at Booz and now head of Satyam Computer Services’ School of Leadership, we launched into a ThinkTank session chaired by Cedric Coco of Lowe’s with observations from Kent Barnett (Knowledge Advisors), Michael Echols (Bellevue University’s Human Capital Lab), and Patti Phillips (of The ROI Institute). Issue: Human Capital is the largest unmanaged cost in business. ROI is the answer.

ROI 90
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eLearning Costs : eLearning Technology

Tony Karrer

Personal Learning Informal Learning Corporate eLearning eLearning Design Authoring Tools Rapid e-Learning Tools eLearning (e-Learning) e-Learning Software Blended e-Learning e-Learning Tools Learning Management Systems (LMS) e-Learning ROI and Metrics Search via eLearning Learning for first time visitors Thursday, September 10, 2009 eLearning Costs : eLearning Technology A reader sent a note asking my opinion on the vendor pricing in The Great eTrain Robbery?

Cost 115

How Learning Management Systems Increase ROI of L&D Programs

TOPYX LMS

And that’s saying something, because these programs are not cheap; they usually end up costing about $1000 per employee. The question is, “Are companies getting a good ROI on their L&D investments?” However, it can be a struggle to make the leap from a traditional approach to training to one that increases a company’s ROI on learning and development (i.e., An LMS Can Increase the ROI of Learning and Development Investments.

ROI 50

Managing Multiple Learning Managment Systems - The High Cost of Choice

Xyleme

They contain media assets like images and video that can add up to gigabytes of data. High maintenance costs: Standish goes on to report that annual maintenance cost can run as high as 40% of total project cost with high risk of overrun due to lack of experience and best practice approach. To learn more, take a look at this short video put together by Jeff Katzman, Xyleme’s Chief Learning Officer.

Cost 109

Why Your Nonprofit Should Invest in Video As Part Its Communications Strategy

Beth Kanter

Why Your Nonprofit Should Invest in Video As Part Its Communications Strategy – Guest Post by Michael Hoffman, CEO of See3. It’s obvious to anyone who spends time online that video is taking over the internet. And when video is paired with a continuous strategy and clear metrics for success, there is overwhelming evidence showing that it is a crucial, important investment for nonprofits. 92% value the investment they have made in video. Finding the ROI.

Businesses must assess the quality of learning

Jay Cross's Informal Learning

You may have heard my story about the brewer who was told to cut his costs 16%. On the organization’s income statement, however, the good, the bad, and the ugly learning experiences all look the same: they are costs. You could post videos of a few winning sales pitches. The hand-wringing discussions about the ROI of learning rarely lay out the range of R’s you can achieve with different levels of I. High Time for ROI. It’s More than ROI.

ROI 90

Making social media happen in government: case study of NSW Department of Education

Trends in the Living Networks

Barriers to engagement include loss of control, staff performance, ROI, brand reputation, security, and poor understanding. They have also released an excellent 16 page printed booklet called What staff need to know about social media & technology , as well as a very nice 4 minute video that runs through and illustrates the 12 points. DET CEO Michael Coutts-Trotter embraced social media, including using Twitter and creating a number of YouTube videos. .

Learning With and From Others: Restructuring Budgets for Social Learning

Dan Pontefract

Blogs, wikis, microblogging, YouTube-like video sharing, tagging, ranking, virtual worlds, discussion forums, and generally any other form of user-generated content (for learning, communication, and marketing) are both practical and engaging ways to complement the learning strategy of any organization. Social software such as video servers, collaboration platforms, and microblogging tools do in fact require an investment to reap benefit thereafter. But where is the ROI?

How to Replace Top-Down Training with Collaborative Learning (4)

Jay Cross

We distribute information through podcasts, blogs, or videos. ? Assessing the cost/benefit of experiential learning is like asking for a cost/benefit of your telephone connections. As one pundit put it, “The ROI of social networking is being in business a few years from now.”. Fourth post in a series. In case you missed them, here are the first , second , and third posts. Is your organization ready? How ready are you to tackle Big L Learning?

How Nonprofits Benefit from a Learning Management System

TOPYX LMS

Little do some of these individuals know that a learning management system reduces a nonprofit’s bottom line by lowering the cost of training. Classroom-based/traditional training can be a mammoth cost, particularly when hundreds or even thousands of people must be trained. The cost of hiring/maintaining a single training room can range from $5,000 to $20,000 (or even more) per year, depending on the location.”. TOPYX LMS Costs Less for Nonprofits.

Guff: a conversation in 3 parts. Part 1

Clark Quinn

You’ve got to have the ‘total customer experience’ locked down, and that means optimal execution is just the cost of entry. Sun’s capturing top performance on video and sharing it. B: “Caterpillar’s got communities of practice generating ROI, Best Buy’s getting a lot of advantage through internal idea generation, the list goes on, and those are only the ones we’ve found.”. A: Looking up from reading. Guff!”. B: Curious. What’s guff?”. A: “All this social learning stuff.”.

ROI 102

Notes from ALT-C

Stephen Downes: Half an Hour

lists, not tables) Roger Henry - ''Your Business Future'' - OERs in the business course - videos. - "The notion of students as change agents is a relatively new concpt." -- Malcom Ryan Rachel Winston How we can shape the development of a new culture of learning by creating a new partnership between students and educators. political view of the prevailing culture 1. why NUS thinks is an ideal model 2. how you in your role can build these partnerships 3.

My Moodle Test

Xyleme

Home About Podcasts Videos Xyleme Inc. However, I think there is one thing that most people can agree upon: A solution based on standards is the best way to lower costs and protect the return on investment for learning projects in the long run (and, yes, there is an investment whether you use proprietary or open source software).

How to support informal learning

Jay Cross's Informal Learning

Instant messenger, Twitter clones, podcasts. • Avoid duplication of effort in keeping up with news and research by providing shared information flows. • Reduce costs and increase relevance by replacing formal training programs with user-generated content. • Where possible, substitute self-service and peer learning for workshops. • Timeliness trumps perfection. Use amateur video and blogs to distribute information while it’s still fresh. Cross: Is 353% ROI plausible?

Reflecting on the first half of 2009

Jay Cross

Any remaining training staff will become mentors, coaches and facilitators who work on improving core business processes, strengthening relationships with customers and cutting costs. Decided to learn to shoot video. Seminal Documents & Seminal videos. Companies should embrace network-supported informal learning because it works better, not because it reduces labor costs. Not Your Father’s ROI (with Jon Husband). My new car is one year old!

ROI 90

Why Corporate Training is Broken And How to Fix It

Jay Cross

Training departments are no more at fault than bankrupt companies like Blockbuster Video, Borders, Silicon Graphics, Nortel Networks, Circuit City, Bethlehem Steel, Smith Corona, Polaroid, Wang Labs, or Underwood Typewriters. Person-to-person instruction is no longer cost-effective. They counted on big savings in salaries, travel costs, and facilities as computers replaced instructors. Training departments purchased libraries of this garbage and touted cost savings.

How To 149

Social (hiccup) CRM tools

Martijn Linssen

It cost me over a full day of research, downloading and trying software, viewing demos, chatting to people, asking around. Heres a screenshot The demos at Jive are sexy, impressive and video you can just read without sound (love that) - although theres no control about. But some of that communication that I do is public and can be reached at low cost. Business or Pleasure? -

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Reflecting* on the second half of 2009

Jay Cross

Two hours of high-quality video from a cam that slides into your pocket. Here’s a sample: I continued to experiment with learning video. I prepared these videos to show at Online Educa. Networks reduce transfer costs to zero, enabling companies to focus on what they do best while outsourcing what others can do better. Productivity in a Networked Era: Not Your Father’s ROI. * If you are not reflecting, you are not learning.

ROI 92

Unemployment, Job Creation and Education

Kevin Wheeler

We need to incentivize investment in high unemployment areas and provide education and training at no cost to those who need it. The on-line universities, video learning, podcasts, virtual tutors, and other non-traditional tools may be the game changers education needs. It is unfortunate that the political climate (and most of those in charge) are only interested in the “here and now&# as opposed to taking a long-term ROI perspective that you advocate.

If I Were CEO, I’d Mandate Enterprise 2.0

Dan Pontefract

watch this video clip for a small taste of his E2.0 & ‘cultivate and coordinate’ passion). The technology investments, which cost US$81 million to deploy, provided a 900 percent return on investment (ROI). Sometimes, one has to trust that intuition trumps ROI. despite ROI being proven above). The title doesn’t sound very 2.0-esque, now does it? It’s dripping with irony.

Edge Perspectives with John Hagel: Mastering New Marketing Practices

John Hagel

Second, costs of production and physical distribution are significantly declining on a global scale and customer acquisition and retention costs are rising. Layer in a third factor at work – the systematic and significant decline in interaction costs that make it easier for customers to identify vendors, find information about them, negotiate with them, monitor their performance and switch from one vendor to another if they are not satisfied with performance.

Social Media Planning and Evaluation for NGOs | Full Circle Associates

Nancy White

Here are two articles that you might find helpful from IBM: [link] [link] (this last one has a nice video that makes it really clear!) Qualitative Evaluation There is more than quantitative metrics for evaluating your social media ROI.

The Evolving Social Organization

Harold Jarche

As every entrepreneur knows, the initial growth of a company is often synonymous with efficiency drops and decreases in profits, since administrative tasks, indirect structural costs and middle-term forecasts add financial and human pressure on early growth. For decades, organizational growth has been viewed as a positive development, but it has come at a cost. Tweet Co-author: Thierry deBaillon – @tdebaillon. Simplicity and the Enterprise.

To Promote or Not to Promote? (…and Is That The Question?):GlobalGiving’s Experiment With Facebook Promoted Posts

Beth Kanter

One of the new features on Facebook is the “ Promoted Post.” Promoted Posts are pictures, links, videos, or text that administrators can pay to appear on more Facebook users’ news feeds. Here’s what success – or a positive return on investment (ROI) – at each of the levels would look like for us: Our Promoted Posts Experiment. Note from Beth: Almost weekly, there is yet another tool, feature, or tactic that you can you try using as part of your social media tool box.

Why Your Nonprofit Should Be A Big Listener

Beth Kanter

They are using a variety of monitoring tools (like Radian6 and Tweetdeck) to scrape all available social platforms: blogs, video, Twitter and Facebook, discussion boards like Reddit, online mainstream media, and image-based platforms like Pinterest and feeds an online dashboard that has real-time insight into online conversation trends around key ocean issues like over fishing and marine protected areas. 5 Big Listening Helps You Identify Which Angle of Your Issue Has the Best ROI.

ROI 48

Harold Jarche » Wake up and smell the coffee

Harold Jarche

Neither have all the ROI calculations that get discussed during training conferences. This is the wrong approach and the most costly. How much does it cost? In terms of “important training&# , the famous video “Inbox Zero&# comes to mind. This one was an eye opener and I really wish more people within my organization would “take this training&# (read: watch the video).

PKM 100

Working Smarter eFieldbook $12

Jay Cross

Facility for online discussion, instant messaging, video conferencing. ROI is in the mind of the beholder 159. The cost of inefficient methods 165. Network Era Productivity: Not Your Father’s ROI 194. Traditional ROI 195. We just cut the price of the eBook to $12. eBook , $12. Paper, $24. By Charles Jennings, Harold Jarche, ?Clark Clark Quinn, Jane Hart & Jay Cross. This is the first edition of the Fieldbook to incorporate QR codes.

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Intelligent Communities Summit - Day One

Stephen Downes: Half an Hour

Shows Moncton's intelligent cities video ) (in French) I would like to thank the sponsors national and international for contributing to this conference. (in It enabled the movement of information, transactions, at almost no cost. When transaction cost falls, volume explodes. We had Jim Balsillie from RIM, who showed a video. Business and government can reduce their operating costs. But we can't afford to let that group fall behind because they cost us too much.