5 ways an online training tool can help your remote sales team

Today, almost 63% of companies have remote employees and expected that in the coming decade over a third of full-time workers will work remotely. Mainly, your sales department may have workers that operate in different geographical locations, even across international borders.  As a result, you may choose to create your regional sales efforts by engaging…

Benefits of adopting E-learning in the Retail Industry

As one of the largest industries in the world, the retail industry faces considerable challenges to anticipate ever-evolving customer demands.  In fact, this USD 600 billion industry is set to nearly double to USD 1 trillion by 2020 and lists Employee Training as one of the top 7 viable areas of investments. Presently retail companies…

Five Technologies for a more agile Procurement Process

Agility is vital to keep every business up and running. Procurement is one of the functions, which requires constant change. Today, procurement teams are expected to play a strategic and tech-enabled role. Before, procurement teams had two focuses: cost reduction and risk mitigation. The advent of automation and cloud services has led to more emphasis…

How to make the most of your training budget?

It is vital to make strategic investments in employee development for empowering teams and ensuring the continued success of a company. In fact, training expenditures in the U.S. cost $70.65 billion in 2016. It has been noted however that a good amount goes to waste when employers don’t consider the specific needs of the company and employees of…

Overcoming Employee Engagement Challenges

Low employee engagement represents a major challenge for various organizations. It is essential that businesses engage with their staff to keep their workforce motivated and productive since the poor employee engagement can lead to a company’s downfall. A 2012 report states that companies around the globe are spending $720 million USD a year on improving…

Applying Spaced Learning for a more effective corporate training

As an innovative method of learning, spaced learning has been creating a buzz since the last few years. The technique includes a sequence of short, intense training sessions with increased learner involvement, separated by short pauses during which students do a totally different activity. A number of people are involved in the creation of this…

4 Mistakes Businesses Make When Training their Employees

Training is key to employee retention, with statistics showing that around 40% of employees who receive inadequate job training leave their companies within one year. Interestingly, a recent survey by McKinsey & Co. found that only 25% of respondents to a 2010 survey felt that training improved employees’ performance. Why are so many companies unhappy with the…

Training Best Practices leading to Organizational Success

Organizations have realized that continuous learning and development is a crucial ingredient for success. More and more companies are investing heavily into training and development programs in the hope to increase productivity and profitability. According to the 2017 Training Industry report, the 2017 U.S. training expenditures rose significantly, increasing 32.5% to $90.6 billion. Businesses are…