Despite the ever-changing commercial landscape of today’s companies, return on investment (ROI) holds true as the most valuable metric for investment. However, the decision of how to invest capital has seen a substantial shift. Currently, learning and development programs (L&D) have gained some favor. But what stopped this from being the case before?
In the past, in-person seminars were the only option for companies. Often, this method of training was not worth it, due to time to prepare, time to consume, preparer compensation, and accommodation expenses for preparers. Aside from the resource-intensity, this method of training also proves ineffective at properly equipping employees within the context of their job.
Fortunately, modern technology has provided modern solutions. Virtual seminars for employees severely lessen expenses and are often more time efficient. Furthermore, certain virtual L&D platforms like Arist have risen to combat ineffective teaching. Consequently, companies can now enjoy the cost benefits of virtual seminars while also seeing more effective results.