Remove Budget Remove Communities of Practice Remove Community Remove Cost
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Oil and Gas downsizing: Training on a budget

Obsidian Learning

New post Oil and Gas downsizing: Training on a budget on Obsidian Learning. Low cost per barrel means high anxiety for everyone, from the boardroom to the oil patch. Training on a budget: ILT vs. WBT. The ROI for eLearning always adds up, and since budgets are low, many turn to self-paced learning as a lower cost solution.

Budget 40
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The 2 sources of freebies

E-Learning Provocateur

The theme this time around was Learning in a cost conscious environment. We’ve all seen it with our own eyes: when a company hits hard times, its training budget is one of the first casualties. Bob Spence rightly pointed out that the training function is often seen as a cost rather than an investment. • Wikis.

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Value of Investment (VOI) vs. Return on Investment

Kapp Notes

ROI and cost saving formulas may work well in a situation where dollars invested can be directly and unequivocally tied to sales of product or increases in market share. Even with an MBA, I haven’t been able to figure out how to make ROI metrics consistently apply to our budget process. Johnson community college initiative. [3]

ROI 180
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Hits and Misses in 2022 – Learning Systems Edition

eLearning 24-7

The number of vendors who can do full customization is very small, and it is labor intensive (on the vendor part, which means cost), and priced high on the buyer side. People thinking cohort-based learning is the same as group/community learning. Group and community learning has been around for more than two decades.

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Close the Digital Skills Gap in the Workplace with Technical Training

IT Training Department Blog

They may miss out on opportunities for innovation and growth, as well as face increased costs associated with hiring external talent or training existing employees. Competitors are forever looking for ways to become more efficient and lower their cost of business. Social learning is more powerful and effective than you might think.

Digital 107
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How to Trim Your Training Budget: A Mini-Guide for Large Enterprises

learnWorlds

However, it is crucial to acknowledge that effective training programs often entail a considerable L&D budget in terms of direct and indirect costs of training, subject matter expertise, resources, and infrastructure required. Additionally, ongoing support and continuous learning opportunities add to the long-term costs.

Budget 52
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Best No-Code LMS Mobile App Builders for mLearning Courses

learnWorlds

Lower deployment costs. The no-code movement will make it easier than ever for community groups, nonprofits, and NGOs to build purpose-built learning apps for their causes. The no-code movement will make it easier than ever for community groups, nonprofits, and NGOs to build purpose-built learning apps for their causes.

Mobile 98