#4 - Online Training
Training is needed more than ever to keep skills relevant. Classroom-based training is slow, expensive and inflexible.
Upskill or retrain your talent online for faster and more affordable results.
Individual courses address specific skill gaps.
Learning paths will build skill sets.
Nanodegrees can redirect whole careers.
Train general skills that are now essential to any modern organization:
Leverage learning trends:
Build your own learning environment with LMS (see Tools). Updating is easier. Content is more relevant. Vision and values can only be transferred internally.
General course platforms
Coding and data courses
Build your own
Diminishing marginal costs. Online training can scale. Reduce or eliminate fees for live trainers, travel, venues, accommodation and meals.
Tracking progress and certifications is easier. Transfer certifications to a skills database.
Online training is easy to personalize: build courses using video, audio or text for different learner types. Add further flexibility with options for individuals/groups, desktop/mobile.
7,000+ credentials are available from online providers. Some of them are waste of money. Time and effort is needed to find the best 1%.
Nurses, actors and helicopter mechanics will still need to learn on-site. Live training is still the best option for handling complex topics and for physical skills practice.
Aaron Barth argues that a huge part of online training is boring. The difference between tedious and transformative online learning is telling powerful stories.
Amazon, Google, AT&T and other leading tech companies have started to hire nanodegree graduates.
Around 7,000 LEGO staff is using LinkedIn Learning at least 2x a month to learn critical thinking, design and soft skills.
Walmart and Verizon used VR training to shorten training times 97% and 98%, respectively.
A Redditor built a free online MBA - The most sought-after MBAs can cost over 200k$. Typical online eMBAs cost 10k$. Are they worth the prestige? You can get the same academics for free online.
Free Data Science Master's - David Venturi built his own Master's programme with online resources.
What You Need to Create An Industry Leading Online Training Center - Microlearning, flexibility and a community are keys to success.
Grow with Google - Free courses on how to digitize, grow and support your business.
Academy - A Finnish service that relaunches careers to the IT industry in 12 weeks.
Almost anything can be learnt online today. The challenge is in finding the right courses and building a meaningful learning path.
Find ways to leverage the new trends: microlearning, gamification, geofencing and mobile learning.
Fill the skill gaps quicker by hiring from nontraditional sources, such as bootcamps and nanodegree programs.
Join 2,500+ founders finding new trends and opportunities:
Thanks for reading. See you next week!