If you are managing e-learning at your
organization, calculating ROI will be highly beneficial for you
- To decide whether to go ahead with a particular project
- To convince your boss or internal customer to go ahead with a project or
- To evaluate a just-completed project
Although the formula to calculate ROI
is quite simple,
ROI= (Gain from investment-Cost of
Investment)/ (Cost of Investment)
and multiply it by a hundred if you
prefer to view it as a percentage.
Once you calculate the ROI, the most
important question is can you increase it?
And the answer is.... Yes! You can!!
Following are five simple ways to
enhance ROI of your e-learning initiatives
- Be Clear about your learning objectives
- Organisational perspective
- Learner Perspective
- Desired Measurable Output
- Ward off technology barriers
- Increase Ease of access
- Better bandwidth
- Overcome unnecessary tech hurdles
- Define clear milestones and measurable parameters
- Ensure thorough mechanism for query handling and discussions
- Conditional access
- Mapping learning actionables
- Make your e-learning programs highly engaging and competitive
- High level of interactivity
- Scenarios built with animation
- Game based quizzes and tests
- Gamified Learning and Leaderboards
- Incorporate Social and Collaborative learning
- Provide opportunities for online discussions and chats
- Incorporate “Collaborative projects” into the e-learning course
- Empanel Experts and provide live interactive sessions with them.
Make the Quantum Shift from
“Learning Modules” to “Collaborative E-learning Interventions”
Click the link below to view the
webcast on “5 ways to increase e-learning ROI at your organisation"
http://www.xlprotraining.com/WebinarsWebcasts.html