{"id":715,"date":"2017-02-15T18:07:38","date_gmt":"2017-02-15T23:07:38","guid":{"rendered":"https:\/\/news.elearninginside.com\/?p=715"},"modified":"2019-07-16T09:20:43","modified_gmt":"2019-07-16T13:20:43","slug":"fast-paced-learning-fast-paced-businesses","status":"publish","type":"post","link":"https:\/\/news.elearninginside.com\/fast-paced-learning-fast-paced-businesses\/","title":{"rendered":"Fast-Paced Learning for Fast-Paced Businesses"},"content":{"rendered":"

A century ago, General Motors and General Electric began to offer in-house training programs. Most of these programs targeted lower level employees and focused on practical skills. Today, in-house training programs continue to flourish with everyone from Apple and\u00a0Boeing to Ikea and Starbucks working to develop innovative in-house training models. While some organizations have their own campuses, others have embraced eLearning. So what is the difference between Apple’s top-secret university, which has its own campus, and Starbucks nearly exclusively online approach?\u00a0McKinsey & Company researchers have found that\u00a0fast-paced learning for fast-paced businesses may be most effectively accomplished\u00a0in a blended approach.<\/p>\n

McKinsey & Company’s Study on eLearning in Corporate Environments<\/h2>\n

In 2014, McKinsey & Company researchers surveyed\u00a01,500 global executives and in 2015, they\u00a0surveyed approximately 120 senior learning-and-development leaders. This is what they discovered about fast-paced learning for fast-paced businesses: “The great majority of our respondents expect corporate learning to change significantly within the next three years\u2014both the capabilities imparted and the new agility required to match the faster pace of business.”<\/p>\n

However, as they further observe, “What\u2019s worrying is the level of dissatisfaction with the status quo. Only 57 percent of the respondents believe that their academies are ‘very or fully aligned’ with corporate priorities. Even fewer (52 percent) reported that these institutions enable their companies to meet strategic objectives. About 40 percent of CLOs say that their initiatives are either ‘ineffective’ or ‘neither effective nor ineffective’ in assessing the capabilities and gaps of employees. These shortcomings are most pronounced among midlevel managers and senior leaders\u2014reflecting, in our experience, how difficult it is to instill new attitudes, particularly at the higher levels of a company.” Simply put,\u00a0McKinsey & Company’s findings point to two major problems. First, a disconnect between what corporate academies are doing and need to be doing and second, a specific challenge reaching mid-level managers and senior leaders through the corporate university format.<\/p>\n

eLearning Supports More Responsive Learning<\/h2>\n

As McKinsey & Company researchers concluded, “Digitization offers a huge opportunity to transform learning and address some of its current deficiencies, though it bears noting that digital learning tools are not new. What is new\u2014and disruptively so\u2014is the fact that the content of learning is moving to the cloud, becoming accessible across multiple devices and teaching environments and often being generated, shared, and continually updated by users themselves.”\u00a0While the McKinsey report did find that\u00a0millennials and postmillennials\u00a0were most comfortable learning online, there is substantial evidence that eLearning can be used to support workers across demographics.<\/p>\n