Enterprises are experiencing a wave of digital transformation at present times. Only the ones who can utilize current trends of technology to operate better can advance further in this cut-throat market. With newer technology coming into the picture, hiring people who are acquainted with these can be both daunting and expensive. Instead, it’s a wise idea to train existing employees so that they can perform better in the roles which require these kinds of technology.

Factually, it’s common for companies to struggle with factors such as –

  1. Expenditure
  2. Difficulty in assessment
  3. Traditional mindset
  4. Training teams which are in different geographical locations

But with blended learning, organizations can offer a flexible combination of online training, live instruction, and practical projects which are interwoven with other elements to augment the training. So let’s have a look at why this approach can fit your needs of upskilling employees for the evolving digital economy.

  1. Reduced cost & improved ROI: Fewer instructors and no classrooms are required for this approach which makes it affordable for companies who wish to upskill their employees. It also enhances ROI as it reduces costs for training material development, instructor fees, and travel expenses. 
  2. Easy assessments: Blended learning techniques inculcate a lot of small assessment modules including quizzes, tests, and real-time projects. This makes it an easy option to understand the retention level of the trainees. Any kind of doubts can be addressed then and there to improve performance.
  3. Systematic & easy learning: Blended learning approach incorporates eLearning which makes these pieces of training systematic & easy. A combination of multimedia and instructional design delivers a rich and repeatable learning experience that might not be possible in normal classroom sessions. Also, engagement levels are higher for this kind of training as they involve elements like presentation, multimedia, classroom workshops, gamification, etc. 
  4. Accessible to all: The combination of online & classroom learning is easily accessible to teams based in different corners of the globe. Instructors can offer online references to employees to get them acquainted with the particular topic. Additionally, employees can study the training materials on the go-to supplement classroom training. Collaborative skills among learners also improve via blended learning as they can communicate with each other via online forums and communities. 

To sum it up, to hit the bull’s eye of improving overall company performance, the focus should be on its people whose efforts make or break the organization. Training & development are fundamental requirements of every company, hence offering these in a better and tech-savvy method will add value to its assets. The blended learning approach has the potential to optimize employee training which the traditional learning method never could.

To learn more, please write to corpmarketing@impelsys.com or visit www.impelsys.com

PheonixFT_Impelsys_PR

Impelsys Inc., a market leader in digital publishing and EdTech (Educational Technology) solutions today announced a business partnership with Phoenix Financial Training Ltd., a leading Dubai based learning provider offering specialized qualification courses for finance and accounting professionals in the region. The partnership will see Phoenix leverage Impelsys’ course development practice and learning delivery infrastructure to design and deliver specialized digital courses that would enable aspiring students of finance and accounting to tackle ACCA, CIMA, CFA, and CMA certification exams.

Phoenix Financial Training is a DIFC (Dubai International Financial Centre) licensed training company offering a combination of best-in-class exam based training for UK and US professional accounting and finance qualifications whilst also catering to the customized needs of corporate clients through bespoke financial courses aimed at building financial capability within organizations.

Phoenix, in their endeavor to offer guaranteed success in professional financial certification courses to diligent students, will use state-of-the-art technology to deliver a classroom experience to the online environment. Impelsys, with its EdTech expertise spanning over a decade, will support this initiative by developing new SCORM courses and distributing the courses through their flagship content and learning delivery infrastructure, iPC Scholar.

“With iPC Scholar and Impelsys’ digital courseware development practice we can now extend our reach across the globe” says James Winder, Project and New Markets Manager at Phoenix FT. “After establishing ourselves as a Platinum standard training provider in the Gulf region including our involvement in training initiatives for leading corporates, governmental and semi-governmental organizations, we now aspire to spread our wings to other parts of the world. We believe this association with Impelsys will help us maintain our high standards of delivering professional education as we expand cross the globe.”

David Thomasson, Founder and Managing Director of PFT –  ‘The digital space for online delivery of financial education is a crowded and competitive market place. Given this, at Phoenix, we have strived to develop highly innovative and sophisticated approaches to content that leverage our best in class teaching methodology. We are experts in classroom delivery and in choosing our IT partner it was necessary to find a company that shares our goals, values and ambition. We have found that partner in Impelsys and it is a privilege to work with them on this ground-breaking project

Sameer Shariff, Founder and CEO of Impelsys said, “We are excited about the partnership and eager to work with Phoenix. It gives us great joy to know that our technology is, in some way, responsible for making quality education accessible for the masses and we are truly excited to support phoenix in their effort to expand their global presence”.   

About Impelsys

Impelsys is a leading provider of technology solutions and services for education providers, publishers and enterprises – managing content and learning delivery on their flagship platform – iPublishCentral Suite, the World’s Most Comprehensive Read-to-Learn Solution. Impelsys also provides courseware development and content engineering services across digital product development lifecycle, helping clients build new digital products ranging from ebooks to simulations to online courseware.

To learn more about Impelsys please write to corpmarketing@impelsys.com or visit www.impelsys.com.

About Phoenix Financial Training

Phoenix Financial Training was established in Dubai in 2006 by David Thomasson and Victoria Hartley. The  majority of their current students are from the UAE and India but they also operate across the wider MENASA region. Phoenix Financial Training is a DIFC licensed institute providing approved courses in ACCA, CIMA, CFA, and CMA.

Enterprise Learning

The world of work is changing every day. Industries are experimenting with and implementing evolving technologies and processes at an unprecedented level, as survival of companies in the highly competitive globalized world depends on embracing efficient processes and the latest technologies. With rapidly changing technology environment at work, the skills necessary to work with them and derive maximum value out of them need regular renewal and upgradation. As the industries are moving fast into the knowledge focused age there’s a need of an overhaul of training and learning strategy at organizational level, a need to look beyond onboarding and initial training and bring in place a provision for continuous retraining and upskilling, whenever and wherever they are required.

Onboarding, training and skill development are part of an enterprise’s expenses, in form of resource engagement, space occupation, equipment expenses and sometimes travel cost. Evolution of technology is an unending chain of events, technologies come to rescue here, providing efficient and powerful tools that can disburse training to a great number of learners. Technologies like elearning, and artificial reality and virtual reality in near future, can provide less expensive pathways to continuous and efficient learning for employees. Thoughtful implementation of these technologies can make the management of learning and knowledge resources within an organisation cost efficient, stress free and streamlined.

While growing section of organisations are leveraging technology for skill development young employees on the other hand see learning opportunities as a motivation bigger than fancy perks to stay in an organisation. There is a demand for lifelong learning and development stemming from a looming threat, as blue collar jobs are being snatched by hi-tech machines, and there is this ever growing competency of automation and artificial intelligence on the other side. A survey last year by the Pew Research Center found that 87% of workers believe it will be essential for them to get training and develop new skills throughout their work life in order to keep up with changes in the workplace.

The principles of academic e-learning can be applied in employee learning, it elevates learning in two ways: Firstly, the learning does not only consist of content which needs to be memorized and understood, the learning becomes alive with inclusion of fun and interactivity. Secondly, learning becomes personal and collaborative at the same time. A learning platform like iPC Scholar that imparts consistent experience across devices like laptops and smartphones lets users access the lessons anywhere and anytime; learning is not confined to training rooms. The bite sized modules of tutorials rendered on the phone app of the platform help in on-time consumption of information.  This ‘plug and play’ platform enable access to smaller bites of just-in-time education to employees throughout their tenure. It addresses the most pressing challenges facing the workforce today – from skills gaps  to employee diversity to talent retention

Albeit there’s still a long way to go before they are anywhere close to commonplace, augmented reality (AR) and virtual reality (VR) are becoming more of a reality for enterprise training purpose. At UPS (United Parcel Service), new drivers will use VR headsets to simulate city driving conditions during training while Walmart has rolled out initiatives in VR assisted employee training. Industries with high-risk working environments such as energy, industrial and manufacturing or construction are the early adopters of enterprise VR training applications. In heavy industries, VR training prevents risks associated with training hazards such as safety of trainees in the dangerous workplace or accidental damage of equipment.

Sales training can be made highly effective with VR simulation, new joinees and trainees of sales for a new product can be ran through different scenarios confronting a virtual customer. By giving different options to respond with, the trainees’ competencies can be evaluated and they can learn by trying different methods and discover for themselves the most effective ones. In virtual learning environment, employees can also interact with remote trainers and co-workers from a distant location – this is especially beneficial for offshore locations, in many cases companies save on travel cost by conducting online trainings powered by virtual reality. According to Tuong Nguyen, principal research analyst at Gartner, the top three enterprise AR use cases right now include task itemization (think a tool that gives you a list of what to do on the warehouse floor), design and collaboration (like furniture placement for architectural or aesthetic fit), and video guidance (such as talking to someone and outlining what to do on your screen to finish a job or learn a skill).

A massive shift is undergoing in the learning modalities worldwide in educational institutions and organizations replacing the traditional model of education, the new models put the learner at the center, imparting personalized lessons and interactive activities that inculcate deep understanding of concepts. Employee learning and training can greatly benefit from technology assisted new models of learning, a personal, interactive, continuous and renewed learning with the power to engage the learner and provide life like experiences. It’s a self driven learning where the employees have the freedom of time, pace and space. A new mode of training which puts the early adopters in the front line of knowledge and skill acquisition, helping them in improved overall operations and revenue. This model of learning is no longer a nice to have, but a need to have for employees and employers to succeed in today’s rapidly evolving world of work.