In this increasingly complex digital age, corporate training and employee development is an essential need for companies of all sizes and every industry. Offering relevant, high-value training courses to your employees helps provide your company with a competitive edge against your competitors. At the same time, your employees feel appreciated as you make this investment in their skills and growth, thus minimizing employee turnover and fostering a sense of camaraderie.
The High Cost of Developing Corporate Training Courses
For many companies, the challenge is in finding the time and the resources to develop effective corporate training courses. As the need for corporate training has increased, so too has the cost for hiring top talent to build these courses from scratch.
In fact, one recent study estimates that it will take between 80 to 280 hours to develop a single, one hour course. And the cost for that course development will range from roughly $6,000 to more than $15,000. In addition to the cost, the length of time it can take to plan and develop these courses can mean that your company is unable to make important training courses available in a timely manner, which can be a significant detriment to your organization.
Working with Ready-Made Corporate Training Courses
Fortunately, there are other avenues for accessing the corporate training courses your employees need to be successful. Some companies now offer ready-made training courses, allowing you to pick and choose the courses and topics that best meet the needs of your company.
Some of the benefits of working with ready-made corporate training courses include:
You can typically purchase (or license) these courses for a fraction of the cost required to build them from scratch.
While building training courses from scratch requires a significant up-front time commitment, working with ready-made courses ensures that your employees can access the training content they need in a timely manner.
Most ready-made corporate training courses are developed by subject matter experts (SMEs) for that topic, ensuring that your employees are working with up-to-date content from qualified authors.
The Benefit of Brandable and Customizable Corporate Training Courses
A more recent feature some third-party companies offer is in allowing you to brand and customize their ready-made corporate training courses. Allowing this helps you to maintain your own corporate branding on the materials you present to your employees. It also helps ensure (with relatively minimal cost and effort) that the courses you present to your employees have been revised (if and where needed) to ensure that the material is presented to meet their unique needs and learning style.
LMS Portals: Brandable and Customizable Corporate Training Courses
LMS Portals is a cloud-based, multi-tenant learning management system (LMS) that allows an administrator to launch and manage a customized learning environment (portal) for each of your unique training audiences. Each portal you launch includes a rapid course development engine, along with robust supporting tools for user onboarding, learning path creation, group management, certificate awarding, analytics, and more.
In addition, at LMS Portals we provide our clients and partners with a library of 140+ ready-made corporate training courses. Each of these courses can be branded and customized to meet your unique needs and training objectives.