Out of the Classroom, Into the Workplace: The Future of
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Out of the Classroom, Into the Workplace: The Future of E-Learning Guest Speakers: Marc J. Rosenberg, Ph.D. Management Consultant William Hipwell Vice President of Marketing, GeoLearning Captain Christian Volkle Manager, Fleet Training for Holland America Line Lead Presenter: Stephanie Fagnani Analyst, Simba Information
Out of the Classroom, Into the Workplace Welcome to Simba Information’s exclusive Webinar discussing the future of E-Learning. AGENDA: • Simba’s opinion of the E-Learning landscape • Beyond E-Learning – Marc J. Rosenberg, Ph.D. • Top Trends in E-Learning – William Hipwell • Choosing the Right LMS Partner – Capt. Chris Volkle • Question & Answer Session
The Advent of E-Learning • Helping corporations move closer to providing a cost- effective and fast method of training employees. • Simba estimates E-Learning will remain the fastest growing segment. • Sales at the top 10 firms are projected to increase an estimated 30.5% to $437.6 million in 2005 compared to a 43.6% increase for the E-Learning market overall. • Simba estimates total E-Learning sales to reach $982.7 million by the close of 2005.
Beyond E-Learning – Marc J. Rosenberg, Ph.D. Dr. Marc J. Rosenberg is a leading management consultant, best selling author, speaker and educator in the fields of training, organizational learning, E-Learning, knowledge management and performance improvement. More information about Marc is available at www.marcrosenberg.com
Top Trends in E-Learning – William Hipwell Will Hipwell Vice President of Marketing, GeoLearning, Inc. Will oversees the worldwide marketing activities of GeoLearning, including the overall positioning and promotion of the company’s e-learning products and Will Hipwell Vice President, Marketing services. GeoLearning, Inc. willh@geolearning.com More information about GeoLearning is available at www.geolearning.com
Major Trend: Convergence Business Process HRIS/LMS Outsourcing Talent Management Human Capital CRM Management
Talent Management The Holy Grail of the Convergence 9 Competency Management 9 Performance Management 9 Succession Planning 9 Retention 9 Training & Readiness 9 Workforce Optimization
Validation • Analytics • Return on Investment & Value • Optimization • Earned Value Management • Not just SAVE $$$, but MAKE $$$ • Profit Centers: 9 Dell 9 Costo
The Need for Speed • 72% Time Critical • Limited Budgets • Extreme Turnaround Time • Short Shelf Life
Speed as Advantage • Speed is a competitive advantage • Agility • Market Values Nimbleness • Elephants vs. Gazelles • Software as a Service (SaaS)
Training Outsourcing • $1.1 billion industry • 40% CAGR • Out-Tasking $44.2 billion • Top Reasons: 9Cost cutting 9 Focus on core business 9 Create variable cost structure 9 Access needed skills
The Transition of Training Competitive Information Industrial Post War Boom Civil Rights Advantage Technology Revolution Movement Revolution 2004 - $119B Corporate Spend for Learning Source of Learning ROI On-the-Job Efficiency Leadership Technology Value & Personal Development “Skills” “Skills” “Leadership” “Internet “Strategic Services” Sourcing” Methodology Cost Content Services Avoidance Reduction 1900s – 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s 2005 Source: TrainingOutsourcing.com © 2005
Corporate Training Spending 2004 N.A. Market ≈ $119.3B Insourced $74.0B Out-Tasked Outsourcing Training BPO $44.2B $1.1B (8% CAGR) (40% CAGR)
Why Outsource? 48% 17% 13% 9% Cost Cutting Focus on Core of the Create Variable Cost Access Needed Skills Business Structure
What is Outsourced? 85% 47% 47% LMS LMS 28% 28% LCMS LCMS 42% 42% Virtual VirtualClassroom Classroom 40% 40% Collaboration CollaborationSystems Systems 20% 20% Content ContentDevelopment Development 22% 13% LMS and Learning Training Vendor Management Technology Administration Source: Bersin & Associates 2005
Most important criteria in The Executive View selecting a training supplier: Talent Level of Staff Industry Experience Reputation for Quality Cost Management Commitment Speed in Delivery Training Professionals Quality in RFP Most Often Say Cost Other 0 5 10 15 20 25
Top Trends • Talent Management • Validation • Speed • Outsourcing Will Hipwell Vice President, Marketing GeoLearning, Inc. willh@geolearning.com
Choosing the Right LMS Partner Capt. Christian Volkle Manager, Fleet Training, Holland America Line • Graduate of Massachusetts Maritime Academy with a BS degree in Marine Transportation, spent over 15 years working at sea aboard tankers, freighters, containerships and other vessels. • With Holland America Line for three years, started as an Environmental Officer aboard the m/s Ryndam. • Currently responsible for safety, security, environmental, technical and regulatory training for a fleet of 16 cruise ships that operate worldwide.
What’s in Store for E-Learning • Simba estimates that total global sales of corporate training products and services by U.S.-based providers will reach $12.6 billion by 2008. • Live E-Learning via virtual classroom market to remain the smallest but fastest-growing segment. • Cost savings will remain a high priority for most companies. • Consolidation will remain an attractive option as companies look to capitalize on similar market strategies and increase market share by pooling collective properties.
What Makes Simba’s Data Unique? • The Corporate Training Group – a team of veteran, industry journalists • Independent of any vested interest within the industry • Corporate Training & Development Advisor • Research databank of 10 years of independent information for analysis and projections
Simba’s Methodology Primary • Interviews with key executives • Current and archived content from Simba’s original, targeted research reports • Corporate Training & Development Advisor Secondary • Annual reports, SEC filings • Financial analysts • Industry associations and Conferences
Corporate Training & Development Products Thank you for joining us for Out of the Classroom, Into the Workplace: The Future of E-Learning Information concerning Simba Information products: Greg Loxton Phone: (908) 219-0134 Email: Greg.Loxton@bowker.com Questions concerning this presentation: Stephanie Fagnani Phone: (845) 440-0026 Email: sfagnani@optonline.net
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