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LOMA : Article

This Month from LOMA

Since LOMA has given us permission to run a full article or pieces of articles from their monthly RESOURCE Magazine, we think it is the most appropriate to reprint part of the following article to commemorate the launching of Thai Life Company’s E-Learning.
E-Learning: Hype or Happening?
By Meg Rose, FLMI, ACS
Manager, e-learning, LOMA
Reprinted from LOMA’s Resource Magazine, June 2004
Copyright by LOMA, www.loma.org
The American Society for training and Development defines e-learning as a wide set of applications and processes such as Web-based learning, computer-based learning, virtual classrooms, and digital collaboration. Delivery of the content can occur through the Internet, intranet/extranet, audio tape and videotape, satellite broadcast, interactive television and CD-ROM.hat’s clearly here to stay. According to a recent report by Eduventures, an independent research firm focused on learning markets, online learning enrollments will exceed 1 million students in 2005 and represent a market of more than $6 billion.

Best Practices: Reaping the Benefits of the “E” in E-Learning The possibilities e-learning offers for increasing the overall effectiveness and efficiency of training and development are becoming more recognized by training and development managers and others who are responsible for human resources art organizations around the world. Some of the potential benefits these professional value most are lowered costs, accessibility, just-in-time learning, customization, consistency and flexibility.

The latest benefits for e-learning that are being discovered and promoted are its distinct abilities to provide relevancy, accountability and credibility. It allows employers the ability to hold employees accountable for what they should know to do their jobs well, and to analyze this knowledge and skill spectrum at the most macro level with today’s sophisticated learning management systems.

Of course, while corporate e-learning strategies have the potential to gain from all of these categories, the benefits rely on strong research and planning, much like any other significant business investment and initiative. This process often includes a good, hard look at the current organizational training process as well as the major corporate strategies. It should also include strong methodology and implementation planning for how learners will be prepared for the introduction to e-learning. This strategic analysis and the “road mapping” of e-learning provides the best opportunity for a customized fit for the organization and the greatest potential for high participation and successful outcomes.

The potential effectiveness of e-learning is perhaps just as important to consider as its potential cost savings; in other words, companies must be cautious not to focus on e-learning options simply to find a way to save money. Many organizations that began with this focal point later discovered that greater emphasis and analysis should have been given to audience readiness or whether the current systems infrastructure would accommodate their initiatives. Successful deployment of e-learning means focusing on what learning outcomes and performance measures you want employees to achieve and then developing your systems and content to fit these key business drivers.

One of the strongest advantages of e-learning in the corporate setting is the ability to create consistency in learning throughout the organization. At LOMA, we look at the concept of “creating common denominators.” This means that e-learning should not necessarily replace classroom-based training, but can instead be used to facilitate and simplify the process of getting information and education out to all of your employees, including those in more remote locations that sometimes get neglected.

E-learning is also being effectively deployed in many other insurance and financial services organizations to meet various strategic and divisional efforts, such as new employee orientation, management development programs performance and employee development plans, and a specific product development and organization change initiatives. At its most sophisticated level, e-learning can be deployed throughout an organization, aligning the content need directly to an organization’s core competencies and performance measures and driving increased performance and revenue right to the bottom line.


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