Benefits of e-Learning for business in Nigeria

The benefits of eLearning for business in Nigeria are many but before we div into the benefits, we want to take a little look at why we are talking about the benefits to the business. In most advanced companies, when HR Managers employ new staff, then have them go through an in-house eLearning training platform where the staff will have to learn about the role of which they are employed to handle.

This will allow the new staff to be able to integrate into the organizational activities and begin to perform well. The staff going through the eLearning courses either within the company premises or at home will give the staff a lot of boosts to learn about the company and their businesses faster.

Most companies have not been able to fully integrate the eLearning solutions into their businesses and if you are one of them, this article is for you to know it will cut off a lot and give your business an edge over time.

These are some of the benefits we have listed:

Сost-Efficiency

E-learning is much more cost-efficient than traditional classroom education. As a business owner, you do not have to pay salaries for teachers and trainers, pay rent for a classroom, or to pay for catering and learning resources. You pay only to a team of developers working on your online training platform. Nobody said that e-learning software development is cheap. But it is a worthy investment, which eventually covers all these expenses associated with the traditional classroom.

According to eLearning Industry, businesses save at least 50% in expenses when replacing traditional education with e-learning. The number of saved costs is projected to grow even further when considering that e-learning decreases instruction time by 60%.

As for individual learners, the situation is quite similar. When the first computers cost thousands of dollars and were available only to the richest and the smartest, an e-learning system would certainly not work. However, today, when smartphones are priced at many times less and can be found almost in every pocket, the cost of e-learning drops to the point where an entire course can be cheaper than a single paper book.

Convenience

E-learning benefits employees as an online course can be accessed anywhere, anytime, and from any possible device, should it be a cellphone, a tablet, or a laptop. One can study while commuting to work, traveling on vacation, staying ill at home, or waiting for a friend at a coffee shop. What is more, e-learning courses are more personalized than traditional ones since students can choose their own studying pace, skip topics that they are already proficient in, or repeat a lesson that they failed to acquire on the first try.

In turn, e-learning platforms enable businesses to promptly collect feedback from learners or to inform them about the most recent changes. E-learning in the workplace is easier to manage and update because course changes can be implemented almost instantly. In particular, it comes in handy when the company introduces new products or services or updates information about them. If the government changes laws, an e-learning platform is a fastest and easiest way to get your employees acquainted with these legal changes. Moreover, learners can communicate among themselves and share their experiences. If there is a mistake in your course, a certain page or material cannot be accessed, or some information is outdated, your employees can easily notify you about it.

Improved Performance

Online employee training platforms successfully serve different styles of learning, meaning that different students may prefer working with different types of content. With the help of an online learning system, you can offer your employees to work with videos, audio, games, texts, interactive exercises, theoretical lectures, or any other type of content they enjoy working with. The assessment can also be conducted via multiple-choice questions or case studies.

Besides, some people are early birds, while others are night owls. With a digital learning system, your employees can choose the most suitable time for them to study. Also, you cannot expect everyone to have the same level of background knowledge. In the case of traditional classroom learning, either you would make some employees waste time listening to something they already know or you would leave others without an understanding of basic things. An online learning platform solves this problem.

More than that, the learning retention rate also improves since courses are more interesting, engaging, interactive, and customized. Learners do not get bored, they neither drop out nor get distracted, and the final learning outcome is by a few times higher. Finally, a custom learning management system grants you an opportunity to measure the learning process effectiveness by instantly accessing reports on learner engagement, course completion rates, or assessment results.

Sustainability

Last but not least on the list of advantages of virtual learning is sustainability. E-learning platforms are zero waste. You do not need to print out endless piles of paper handouts, so using online training for employees helps you save the environment. Moreover, since the users of your platform do not have to commute to the place they study, they do not release extra carbon dioxide into the atmosphere. Surely, the production of electricity that you use to power the system does not go unnoticed by the ecology. However, this footprint is much smaller than in the case of traditional education. According to the statistics provided by eLearning Industry, e-learning for companies is 90% more efficient than traditional courses in terms of energy consumption and 85% more efficient in terms of carbon dioxide emission.

Time-Efficiency

As a business owner, you do not have to spend time looking for trainers, resources, or venues. Once you realize the need to educate employees on a certain subject, you develop a course and implement it into the system. Moreover, if it is a repetitive course, say, an introductory course for new employees, you do not need to organize it every time. Instead, you send out a single letter with some explanations and the link to a course. This is all the time and effort you need to spend.

As for your employees, via an e-learning platform, they can study without leaving their homes. Long hours spent commuting from home to school or from work to a learning center become a thing of the past. More than that, they can study at a pace that is most suitable for them personally. More than that, your learners do not need to flick through numerous reference books and manuscripts as any information can be accessed with a few simple clicks. All the information can be stored on your server or a cloud-based platform, providing you and your users with all the necessary storage, classification, search, access, and sharing functionality. Another important thing to keep in mind here is data security and safety. Then, your learning materials will be safe and sound until you decide to get rid of them.

Practical Outlook on the Benefits of eLearning for business in Nigeria

Saving Time

Studies by Brandon-Hall state that employees spend 40-60% less time on e-learning than on traditional education.

High Performance

Studies by CertifyMe.net shows that 72% of organizations increase their competitiveness and keep up with new trends in the market.

Wide Opportunities

Since 2000, the education sector has grown by 900 %.

Cost Minimization

Corporations managed to decrease their expenses on travel, equipment, and teaching personnel after receiving all the benefits of eLearning. Besides, the globally known International Business Machine Corporation (IBM) saved 200$ million after.

Staff Involvement

With the help of actualizing e-learning for employees, workers feel motivated and are better engaged in business processes. Besides, Molly Fletcher Company reports that online learning can increase staff involvement by 18%