More Courses, Less Cost: How to Provide More Content on a Limited Budget
For information about this class session, click here: https://www.trainingmagnetwork.com/events/1604?gref=adobe How is your 2019 training budget treating you? It’s early in the year, and many L&D managers and directors are figuring out how to best apply their budget to their annual goals. Many of us have limited funds, so we start asking ourselves questions like the following: - Should I develop this course or learning program in house, or purchase existing content from a vendor? - What kinds of content are out there, and how do I select content that will best serve my learners? - How can I use course content catalogs to augment our existing curriculum? - How do I develop more custom content without investing more of my budget? - Can I save money by presenting some instructor-led classes in a virtual format? In this session, Katrina Marie Baker, Senior Learning Evangelist of Adobe, will facilitate a discussion of these questions. You will have an opportunity to share your ideas and hear what fellow attendees are doing with their training programs. Katrina will also share real-life examples and practical tips for prioritizing, planning, and budgeting against your organization’s L&D priorities.
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More Courses, Less Cost: How to Provide More Content on a Limited Budget
- 1. More Courses, Less Cost: How to Provide More Content on a Limited Budget Katrina Marie Baker Senior Learning Evangelist, Adobe, Inc.
- 2. Today’s Agenda • Determine whether to develop a course or learning program in house, or purchase existing content from a vendor • Compare content types and select content that will best serve the learners • Use course content catalogs to augment existing curriculum • Develop more custom content without investing more funds • Save money by presenting some instructor-led classes in a virtual format
- 3. What challenges does your organization face when creating course content? Select all that apply. a) We don’t have enough L&D folks to develop all of our content b) We have a lot of competing priorities that take our time c) We don’t have much of a budget d) Our team doesn’t have the knowledge to develop some courses e) Our team doesn’t have development experience f) We need to deliver certain compliance topics to limit our organization’s liability and it’s best that we hire a third party for that content g) We face other challenges (please type in the chat box)
- 4. Challenge #1: Not Enough L&D Folks
- 6. Ways to Extend Your Team 1. Subject matter experts (SMEs) 2. Expert-led workshops 3. Lunch & learns 4. User generated content (UGC) 5. Mentorship programs 6. Department educators 7. “Telephone” or “pay it forward” training 8. Virtual and recorded classes 9. Blended learning programs
- 7. Challenge #2: Competing Priorities
- 9. Ways to Adjust Your Priorities 1. Team structure 2. Curriculum structure 3. Workflow definition 4. Leadership philosophy
- 10. Challenge #3: Not Much Budget
- 12. Ways to Recapture & Reallocate 1. Review line items 2. Adjust license counts 3. Renegotiate contracts 4. Purchase multiple products or services from a single vendor 5. Analyze ROI
- 13. Challenge #4: Not Enough Knowledge in Some Areas
- 14. Build the Team’s Knowledge or Bring in More Resources
- 15. Ways to Build the Team’s Knowledge 1. Course catalogs 2. Conferences 3. Certification programs 4. Job shadowing 5. YouTube videos 6. Contractors
- 16. Challenge #5: Development Experience
- 18. Challenge #6: Compliance Topics
- 21. Types of Content You Can Purchase • Course catalog • Ala carte courses • White label • Fully customized • Multiple delivery formats, including instructor-led training
- 22. What types of course content do you purchase? a) Course catalog b) Ala carte courses c) White label d) Fully customized e) We develop all training in-house
- 23. Augment Your Training Program with Course Catalogs
- 24. Incorporate Virtual Classes into Your L&D Program
- 25. Do you currently use virtual instructor-led training? In what ways?
- 26. ILT vs. Virtual: Cost Comparison Divide total costs by number of attendees. Instructor-Led Costs • Instructor’s Labor/Fee • Attendees’ Labor Cost • Training Materials • Classroom Supplies • Equipment Rental • Meals for Attendees • Travel Costs Virtual Costs • Instructor’s Labor/Fee • Attendees’ Labor Cost • Hardware • Licensing for Virtual Learning Platform
- 28. 30 Day Captivate Prime Free Trial
- 29. LinkedIn: linkedin.com/in/katrinabaker Email: kbaker@adobe.com Blog: elearning.adobe.com
- 30. 30
Notas do Editor
- Virtually every business segment is in the midst of its own transformation to deliver an exceptional customer experience. Our customers tell us that solving this end-to-end content equation is the single biggest technology challenge they face, and we’re proud to be partnering with them to help them solve it. We are 18,000 passionate people dedicated to helping our customers create what’s new, what’s better, and what’s next … with real insight and real impact. We help our customers make it an experience.