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Integrated
Solution: For maximizing business prospects
Today
the enterprise software and value added services combine to provide
the most comprehensive learning solution to help organizations improve
productivity and boost business performance through e-Learning,
says Prof. P K Gupta
In
today’s global economy, companies are under intense pressure
to create value for shareholders and other stakeholders in increasingly
competitive environments. It is more important than ever to deliver
on revenue and profitability targets every quarter, and to demonstrate
to investors that the business can build market share. Efficiently
leveraging a company’s intellectual capital has a direct effect
on a company’s bottom-line results, through improvements in:
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Customer loyalty
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Sales force productivity
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Employee/partner/supplier education
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Cost structure efficiencies
According
to a recent study by ASTD, firms that spent more than average on
training had Total Stock Returns that are 86 per cent higher than
firms that spent less than average, and 45 per cent higher than
the market average.
Real
Solutions
e-Learning
is used to solve real business problems, improve their bottom-line
and turn organizational knowledge into a tangible asset. The CoServer
architecture provides a backbone for managing all learning methods
from traditional classes, to virtual classrooms, to online courses,
evolution of e-Learning authoring, management and delivery systems.
The successful integration of those critical elements demonstrates
thorough understanding of what is needed to solve complex business
problems.
The
most comprehensive and most advanced LCMS solution on the market
today offers knowledge exchange and collaboration capabilities that
help capture, manage, deliver, and improve both the structured knowledge
as well as the tacit knowledge contained within an organization.
The requirements will always change, human capital investments will
always be risky, and businesses will always be called on to deliver
increasing value to stakeholders.
With
the Enterprise Learning Platform, a company gains the capability
to leverage resources outside the organization to enhance its value
proposition to customers and subsequently, its overall economic
performance.
e-Learning
development, tracking and management
Evidently
the software enables interoperability and safeguards customer investments
through standards, if the right approach is applied. New advances
in technology, combined with sound instructional strategies, allow
for learning to be a learner-centred, personalized, interactive,
and engaging process that is integrated into each learner’s
everyday work life. As with any training effort, e-Learning must
be tied directly to business drivers to ensure that the investment
is worthwhile. The specific approach to implementing e-Learning
within a particular organization needs to be carefully crafted to
ensure success.
Maximizing
the impact
There
are more methods to deliver information now than ever before, and
successful blended learning methods maximize the use of each. There
is no perfect formula for creating a blended learning solution.
However, decision points and corresponding guidelines can be applied
to determine which delivery methods will best meet your goals. It
has been widely accepted that future shall be knowledge-based organization.
The future wealth will be knowledgable workers.
A
complete knowledge sharing solution
Based
on extensive experience with enterprise customers, the solution
delivers the seven core components necessary for successful knowledge
sharing strategies. Wrapped around the six technical components
are the important professional services that help companies address
key implementation, technology, process, and cultural issues associated
with successful knowledge sharing projects.
Advantages
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Value Proposition
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Efficiency & economy value
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Management efficiency improves typically by 30-40 per cent
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Efficiency of clerical can increase by more than 200 per cent
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Customers and shareholders’complaints, claims are addressed
in time
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Maintenance problems are resolved fast typically by 40-50 per
cent
Strategic
value
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Downtime of plants and machinery reduces by 30-40 per cent
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Organization becomes customers, shareholders-friendly
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Increased value of stock on Stock Exchange by 20-30 per cent
ROI
Guidelines
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Efficiency & economy based (average basis)
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30 per cent saving in manpower
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Reduced plant downtime by 30 per cent
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Market capital gains by increased market capitalization (20 per
cent for Rs 100 crore capital = Rs 20 crores)
Strategic
value based
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Future growth of company to sustain competition and market
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Market capitalization become easy
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Increased focus on developing core competencies of the business
In-house
solution -Estimated Rs 5-10 crores to develop with 2-3 years of
delay not including the cost/headache of infrastructure development
recruiting & retaining core IT human skill sets.
For
an organization KM brings people together and using networks, sharing
knowledge are the utmost important. People need to be able to talk
each other, to ask questions and check their understanding. Our
system engineers have a network to pool, share and use solutions
on the network regardless of the sector they work in. This has reduced
the search time by 50 per cent, and accelerate the actions development
time by 30 per cent.
Some
of the world’s largest companies have been benefitted by connecting
employees with problems to co-workers with relevant expertise to
generate measurable results and achieve core strategic objectives.
Enterprise knowledge sharing solutions are web-based on Window’s
NT platform and are extremely friendly to use.
By
partnering with the enterprises in this process of implementation
of Enterprise Knowledge Sharing Solutions, proper training can be
imparted to personnel for using it by registered users. Proven product
maturity and successful deployments make it the right choice for
achieving meaningful ROI through knowledge sharing technological
solutions.
The
writer Prof P K Gupta is with Vidyaweb India Pvt Ltd, Pune
E-mail: pawan@covisible.com
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