It is estimated that the population of the world would be around 8 billion in the near future with the majority of the people under the age of 30 years. Insufficient employment opportunities due to slower economic growth, coupled with worldwide adoption of new technologies and artificial intelligence, the competition for employment and executive careers will undoubtedly accelerate in intensity. This has sprouted a culture of entrepreneurship as an alternative to organizational life-long employment. This culture of entrepreneurship is permeating all segments of today’s global society.
The risk of redundancy and declining employment prospects across the world has steered many of the younger people into seeking economic independence by self - employment and entrepreneurial adventure. Older employees are also increasingly facing the risk of retrenchment as downsizing is expected in all industries from manufacturing to financial services and to retailing. With uncertain reemployment prospects many of these future redundant employees would have to seek the alternative economic solution: self - employment or entrepreneurship. The entrepreneurship culture has also been accelerated by the worldwide web with new technologies and new business approaches.
At ANZ Institute we take cognizance of the changing trends across the world and we are dedicated to the preservation of the economic well-being of the individuals, their families and their communities, through re-skilling including entrepreneurial development for individuals to prepare them for a life outside mainstream employment. In this respect we are prepared to cooperate and work with governments, government agencies and social advancement organizations to help reduce some of the difficulties and stress that the unfortunate segments of our global society are now facing.
For more information about our Entrepreneurship Skills course, kindly visit https://www.anzilms.com/course/entrepreneurship-skills
an enterprise to remain successful, its workforce must be dedicated, engaged,
skilled, and motivated. The only way your workforce can keep up with changing
demands, adapt to new technology, make novel procedures and breakthrough to achieve
their potential is through high-quality and relevant training. Training serves
three important functions at an operational level. It covers legally mandated learning
for legal liability and human safety, prepares workers for changes in the
market and it produces superstars who surpass expectations. In addition to
teaching proficiency in technology, specialized procedures and company
practices, training can aid employees to work fast, hard, smart, and be more
creative. There is only one issue. Traditional training is expensive. As a
result, training is one of the first places to cut expenses in lean times. Technological
development in the past couple of decades has now finally, lived up to its
promise in providing eLearning that not only compete with, but in fact, outperform
trainer-led classroom training. Let’s discuss the several ways eLearning can
support your human capital development plan.
Employees as Internal Customers
A balanced enterprise is one that satisfies all its clients, external and internal. External clients offer the revenue, and the internal customers on the management team offer the direction, but the big internal customer that is too frequently overlooked is the workforce. Employees are responsible for implementing the plan and dealing directly with clients, so it’s vital to the health of an enterprise to ensure the employees are there at the front. A motivated workforce can turn an average organization into a cultural force such as those in Google or Apple. Workers often grumble about the lack of needed courses that prevented them from getting work done when it conflicts with their scheduled tasks. But professional training is a perk that employees demand regularly. The solution to this conflict is a wider range of lessons on a schedule that the employees can choose for themselves. Insightful leaders prepare for the future by making sure there’re qualified leaders under them who can take over projects as and when required. The right combination of experience and skills for the next generation of leaders is easier to come by when your organization fosters the right type of training. Providing training in the skills your organization requires does not have tobean excessive drain on resources for operational costs. Online training lets more ambitious workers to self-regulate their learning experience. As a bonus, everybody in the workforce – from the manager to the worker, feels extra valuable when they can point to examples of promotion from within as a result of skills and knowledge increases.
Spread Knowledge Faster
Staying competitive means re-purposing on a dime. Campaigns, goals and even business operations can change rapidly and are required to be communicated across the organization. The best deal in training experience points to the conclusion that classroom learning works great with 12 or a few attendants. For a big commercial organization or enterprise, creating that optimal learning environment takes a long time to cycle through the workforce. The only other choice is a cursory introduction to major changes that can leaves many questions unanswered and a disorganized learner response. Both options have issues with scheduling for learning because of project deadlines, and emergencies that take away attendance from the class. With distributed e Learning sessions, employees can decide where their priorities lie and take control of their own scheduling. In the simplest terms, it will be a waste of time for a classroom instructor to detailed in-depth personal lessons for a few, and that would be far too cost-prohibitive across the employee base. In those circumstances, e Learning is the most reasonable go-to option.It can technically allow learning by many employees at the same time and over a short time span.
Assuring Compliance and Protection from Liabilities
There is no excuse for a crime, but the company that fostered a culture of indifference is legally liable in today’s corporate environment. Companies are required by a hefty stack of laws to state what acceptable and not acceptable conduct is and to ensure that each employee is aware of these guidelines. These range from anti-money laundering rules, circumventing sanctions and other regulations, and sexual harassment and personal safety, to theft of customer information and violation of privacy laws. As the business world has become more diverse with corporations having employees of various ethnicity, the growing number of languages, personality and cultural problems can derail critical operations in various parts of the organization world-wide.Therefore, as an example, the learning of compliance and protecting the organization from liabilities is as crucial as learning and training of technical skills and their competencies. E - Learning makes compliance learning easier with interactive displays that also test understanding, rather than just distributing a piece of paper or a video. Online training can demonstrate on a personal level the advantages of working together and understand the penalties for cutting corners. Everybody can learn, take actions and ensure their organizations reduce risk and liability for non-compliance.
Moving to Mobile
Carrying your personal device in the workspace has advanced from trend to movement. Firms save money since employees are purchasing and sustaining their work devices and computers. Employees are bringing work home and on the road. Sales have increased because the important information is right there when the prospective customer requires them. There’s no doubt the workforce is going mobile, and eLearning is poised to follow workers wherever they go. A growing number of employees conduct business from home or remote sites, and coming to the office just for training not practical. The use of eLearning by mobile is now aided bynew technologies such as geofencing.
Geofencing is a location-based service in which an app or other software uses GPS, RFID, Wi-Fi or cellular data to trigger a pre-programmed action such as a specific learning programme, when a mobile device or RFID tag enters or exits a virtual boundary set up around a geographical location, known as a geofence.All of these now make learning on the-go much more convenient and possibly much less costly than the conventional learning at an instructor led location.
The convergence of mobile workers and quickly developing technology, make eLearning a flexible, price-efficient and agile choice for investing in the future of a productive and innovative workforce. An enterprise can deploy training in the Cloud to share the modern trends and knowledge in real-time with a highly educated workforce. E-learning has indeed become a gamechanger in developing human capital. If you are looking at your workforce with a keen eye towards development and innovation well into the future, select eLearning to make sure your workers have opportunities to grow, more efficiently and quickly.