Dive Brief:
-
This year, e-learning will account for more than $56 billion with a whopping $7 billion coming from Learning Management Systems (LMS) writes Alex Terego, of eLearning Industry.
-
The author goes on to tie learning to employee engagement levels, a direct effect of how satisfied adults are in their careers. Terego is in agreement with many education administrators who say there is no point in digitally replicating what can be done on a blackboard. Her two-track solutions are to improve education problems.
-
However, Terego also shares the sobering fact that the US can not buy its way out of an educational defiit. Despite spending $621 billion on public K-12 education the US lags many nations in math, science and reading.
Dive Insight:
Two-thirds of all employees report being not engaged in their job, based on a Gallup report. All this disconnect results in millions in potential loss dollars for companies and the increasing burden of replacing employees who are subject matter experts.
Because humans are a lot better at analyzing information, while machines do a better job of finding and storing information. We cannot treat human brains like machines. An engaged workforce is one that's eager for new information and concepts that are work-related.
While a positive corporate culture goes a long way, learning supports engagement because it encourages people to collaborate, be creative, think critically, and clearly communicate solutions as a team.