Global eLearning market is growing very fast and is predicted to reach $398.15 billion by 2026. If you want a larger share of that market you’d do well to know the trends and stay ahead of your competitors. In this article we’re going to focus on what will be in great demand in the year 2020 and beyond for corporate use.
There is a common misconception that development opportunities take time and money that business can’t justify spending.
The technology has made it easier than ever to find learning solutions that are time and cost effective, and that can easily fit around your employees’ day-to-day duties.
The online training courses (or e-learning courses) as an excellent way for your employees to learn at their own pace, wherever and whenever it suits them.
Customisable learning and development will help you provide your employees with the tools needed to progress through your organisation and succeed in their roles.
Using the 70:20:10 breakdown, can help your employees to choose personal and professional development goals and better identify how they can effectively learn the skills they’d like to build.
The 70:20:10 describes a proportional breakdown of learning sources to help maximise learning. It explains that individuals acquire:
- 70% of their knowledge from experience. For example, job-related or life experiences.
- 20% of their knowledge from others. For example, interacting with peers and social learning.
- 10% of their knowledge from organised courses, such as online or face to face training courses.
- More self-directed learning. We predict for more user-autonomy, fewer mandated learning paths and more trust for people to find the content they need when they need it.