Whether it is to attract new talent, teach employees new skills, increase productivity or to train their growing global teams, organizations in nearly every industry are planning to focus on talent development this year. This is not surprising if you consider that investing in employee training has been proven to help organizations achieve some of their toughest business objectives. In fact, there has been a 59% increase in online learning budgets in the last three years (1).
However, it also takes a considerable amount of time and effort to plan, create and implement effective employee training programs. HR teams often find themselves dealing with obstacles such as time constraints, a lack of expertise or learning technology that prevents them from accomplishing their training goals. Outsourcing projects to L&D companies can also become difficult when you are trying to manage multiple learning vendors at once.
If you are like many L&D professionals, you are probably searching for ways to improve your learning strategy for 2020. Managed learning services might be the solution you are looking for.
Managed learning services allows you to outsource all your training needs in one place. MLS provides training services of all kinds from learning content development to planning instructor-led training activities.
Strategically sourcing your L&D needs with managed services streamlines the entire process while saving you time and money.
Improve the Efficiency of Your Training and Development Strategy
80% of training activities are outsourced and there are over 600 learning vendors, but there are only a few that offer managed learning services (2). Shifting all your learning outsourcing needs to a single MLS partner will significantly improve operational efficiency and decrease the workload of your vendor manager.
In addition to improving supplier management, your managed services partner should have the in-depth knowledge needed to help create an efficient training plan that will maximize impact and efficiency. Your MLS provider can help you identify the most cost-effective way to achieve your training goals. They can assist you with aligning all your training efforts support your company’s overall mission and goals. This will free up your learning administration staff to tackle other essential L&D functions.
Gain Access to Training Development Experts and Tools
A managed service provider will give you access to experts and advanced tools that are often quite expensive. These experts will have the most up-to-date knowledge and information regarding the best strategies and techniques that are needed to create the most successful training programs.
This expert knowledge and access are especially useful when it comes to eLearning content creation and learning delivery. In addition to knowledge the services include access to tools learning and development tools that make creating digital training programs much easier. They also know how to update and modernize your current training content saving you even more time and money.
In a Nutshell
Outsourcing your employee development projects to a single vendor will help your company deliver high quality training that gets the results you are looking for while minimizing the time and money you spend managing vendors. This will allow your organization to focus on its core objectives.
To find out more about this year’s most popular learning trends and strategies check out the eBook Training Trends for the 2020 Learning Landscape.