online training resources. do you build, borrow or buy? - webinar 05_21_14

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Do you Build, Borrow or Buy?

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Content is king. Learning resources and content are the foundation of your employee learning and development program, but what's the right mix? Do you build it from scratch? Borrow it from free or open resources? Or buy it from a training producer or vendor? Each source of content, build, borrow and buy has advantages. What's important is to understand what the right mix is for your organization and your employees. In this webinar we'll discuss: - Why content acquisition is central to successful employee training - For each of the three options – Build, Borrow & Buy, we’ll cover: - What content might work best - Common challenges with each choice - Advantages of each choice - Questions to ask so you can build a plan that is best for your organization. www.bizlibrary.com/webinars

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Page 1: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

Do you Build, Borrow

or Buy?

Page 2: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

6,000+ Courses. 25 Topic Areas.

Unlimited Access.

Improve your employees' performance with the

largest and fastest-growing library of on-demand

training videos and eLearning courses today!

Page 3: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

POLL QUESTION

Other than your

instructor-led training,

do you currently build

any of your own online

training content?

A. No all of our training is

instructor-led.

B. No, we use any free

resources we can borrow.

C. Yes, it’s a blend. We create some and buy or

borrow other training.

D. Yes, we primarily build our

own online training.

E. Something else.

Page 4: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

POLL QUESTION

Including classroom

content, how many

NEW courses did you

build and introduce to

employees in the past

12 months?

A. 0

B. 1-3

C. 3-6

D. 6-10

E. 10+

Page 5: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

What You’ll Learn:

3

2

1 Why content acquisition is

central to successful employee

training.

What content might work best.

Common advantages and

challenges with each – build,

borrow and buy.

Questions to ask so you can

make the most informed

choice.

Page 6: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

Overall spending on

employee training in U.S.

organizations is $164 billion.

COMPANY SIZE (# of Employees)

Smaller organizations typically

spend more per employee

than larger organizations.

$700

$964

$1,800

COST PER EMPLOYEE PER YEAR

$1,195

Page 7: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

Trends That Affect How We

Work Together

UPSIDE

DOWN

HIERARCHY

PEER POWER

VIRTUAL REALITY

DEMOGRAPHIC

TSUNAMI

Page 8: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

NEXT GEN LEARNING STRATEGIES: business environment

flexibility and agility

focus on learning outcomes

Page 9: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

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CREATING A FRICTIONLESS

LEARNING EXPERIENCE: reliability

relevance

quality

Page 10: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

• Off-the-shelf content

• Video training

• Learning management

systems

• Mobile learning

Cox eLearning Consultants,

Learning Solutions Forecast:

2014 Edition

Top 4 Learning Solutions for 2014

Page 11: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

WHAT IS CONTENT: anything that answers a

question that we might be

asking in the moment

SOCIAL PERFORMANCE

Page 12: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

Business objectives

CONTENT

?

?

Page 13: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

DEVELOPING A CONTENT

ACQUISITION STRATEGY:

BUILD

BORROW

BUY

Page 14: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

10% BUILD

40% BORROW

50% BUY

50% BUILD

40% BORROW

10% BUY

BORROW

BUILD

BUY

Small And Mid-Size Large

THE MIX

Page 15: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

BUILD

your pillars

Page 16: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BUILD: what are the

business

objectives and

employee

needs

CHALLENGES:

specialized skills

authoring tools

maintenance time

Page 17: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

How Tony Roma

Employees use

Video to Teach

Important Job Skills

The world is changing.

People are changing. To

be effective, our

employee training is

changing to meet them

where they are.

Jessie Bray, VP of Training

and HR, Romacorp.

Page 18: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

TRADITIONAL COURSE

Page 19: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

LEARNING NUGGETS

Page 20: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

USER-

GENERATED: most learning is

not formal

Learning is more effective when it is active rather than a passive

process.” Euripides

Page 21: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

THE POWER OF VIDEO: • easy and convenient

• short learning bursts

• multiple devices

• shareable

• user-generated

comments and ratings

• higher learner

retention and

engagement

Page 22: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BORROW: relevancy,

context and

authority

CHALLENGES:

credibility

quality

time adding value

Page 23: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

+ insight + insight + insight

CURATE – ADD VALUE

Page 24: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BUY: why recreate

the wheel

CHALLENGES:

vendors

selection

relevancy cost

Page 25: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

Course: Organizational Effectiveness

- Take action to provide the

resources employees need for

success

Target: Managers

Providing Resources - Define the

strategic priorities for the department

and align the required resources

Target: Managers

Page 26: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

Adobe Captivate 7: Creating a

Project by Importing a PPT –

Target: Instructional Designers

Adobe Premiere Pro CS6: Creating a

New Project

Target: Instructional Designers /

Video Developers

Page 27: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

Free trial of the BizLibrary Collection

6,000+ Courses. 25 Topic Areas.

Unlimited Access.

Improve your employees' performance with the

largest and fastest-growing library of on-demand

training videos and eLearning courses today!

Page 28: Online Training Resources. Do You Build, Borrow or Buy? - Webinar 05_21_14

BIZLIBRARY.COM

Chris Osborn

Vice President of Marketing

[email protected]

@chrisosbornstl

Jessica Batz

Marketing Specialist

[email protected]

@jessbatz

@BizLibrary