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Learning Simulations for Corporations

 

Posted on Mon, 09/05/2016 - 11:04

The use of learning simulations is becoming popular as tech-savvy millennials are rising in the workforce. This article will outline a list of advantages that learning simulations bring to training sessions.

Benefits of a Training Simulation

Flexibility

Learning simulations allows learners to complete their training modules at their own pace which is quite unlike regular training methods where employees are trained in a classroom setting. Training modules allow employees to speed up or slow down, according to their individual learning style. When employees are being trained at their own pace, it helps them become more engaged with the organization, which in turn leads to a higher retention rate and better overall performance.

Learning simulations also make an excellent choice for employees who work at different locations, spread over different time zones. Since learning simulations are available around the clock, the employees have the freedom to obtain the training based on their work schedule and time zone.

Better Engagement

Higher retention of employees and better engagement are two factors that show how effective learning simulations can be. This has been made possible with the innovative authoring tools that are easily available for all businesses. There are countless cost-effective programs with ready-made content and they offer great interactivity.

Apart from the technical elements of learning simulations, the instructional method is also interesting and engaging. The best aspect of learning simulations is it enables learners to link their skills with their online training goals, which is what the desired outcome should be for learning simulations.

Learning simulations can also be made more interactive with additional tools, such as images, PDFs, videos and case studies.

Consistency

Traditional training in a classroom setting can be inconsistent. There may be a difference in teaching style, frame of reference, and perspective. There are many factors that could negatively affect a training session. Learning simulations, on the other hand, are not subject to human error. All trainees are exposed to the same learning simulation and each piece of information is communicated in a consistent manner. No matter how many people go through the learning simulation, all receive the same, consistent training.

Cost-effective

Traditional training methods involve several costs, such as the trainer, communication to employees, rental of space, rental of equipment, and other miscellaneous costs. Learning simulations, on the other hand, eliminate all of these costs because trainees can be trained at their own workstations.  There is no need for a trainer or space dedicated for training purposes. The only cost incurred is the initial setup of the training simulation.  Not only are learning simulations more cost effective, but also leave a smaller carbon footprint.

Better Suited For Tech Savvy Workforce

Companies, need to become more aware that the current workforce is extremely tech-savvy and there is no reason to employ outdated methods of training when it could be improved with learning simulations. Millennial not only work to earn a paycheck but they also look for exciting opportunities where they can improve their skill set. A traditional learning environment won’t expose them to an advanced learning program. However, with online training, they will have better access to resources which interest them. It allows them to build transferable skills and aid in their professional development.

With learning simulations, companies will not only enhance their human capital but will also retain employees, especially Millennials. Learning simulations award employees a sense of accomplishment and empowerment which leads to improved employee engagement with the company.

ROI Measurements

Learning simulations allow companies to measure the return on investment. If a company employs learning simulations, chances are the company is equipped with a learning management system. This allows companies to track employees’ learning performance, their strengths and weaknesses and whether the employees are actually taking advantage of the training modules.

Companies will have a clear vision of how employees are progressing. By being aware of employees’ strengths and weaknesses, appropriate development plans can be written for succession planning purposes and better job placements can be made. Overall, companies will have a clear idea of the return on investment from learning simulations with the help of these key performance indicators.

By Designing Digitally, Inc.