Employees are the lifeblood of a company, regardless of the size of the organization or the industry in which it operates. Given this, corporate training and employee development programs are essentials to the success and viability of a company and should be offered on an ongoing basis to ensure that workers have the knowledge and skills they need to effectively compete in an increasingly complex global work climate.
For larger companies, hiring and maintaining a full-time Learning and Development (L&D) team is not an issue. However, smaller and mid-sized organizations can find it challenging to allocate in-house resources to build and deliver effective corporate training programs. For many of these organizations, outsourcing corporate training can prove to be an ideal solution.
The Business Benefits of Outsourced Corporate Training
Working with outsourced training and development companies has become an increasingly popular approach for organizations that prefer to have all or part of their training activities handled by an outside provider.
Some of the benefits your company can expect in working with an outsourced training company include:
Outsourced corporate training eliminates the need to hire full-time employees to build and manage your training programs. And outsourced providers are typically able to provide the technologies and training content required for an effective program at a fraction of the cost it would take for you to acquire and build these resources in-house.
Building a corporate training program from scratch can take many months to accomplish. And this time spent waiting for the development of your program represents lost opportunity for employee training. In contrast, an outsourced training provider usually has the technology, content, and services resources readily available to start your training right away.
Access to Expertise
Effective corporate training often requires varied expertise and experience to address the wide array of topics required for a comprehensive program. And while many organizations simply do not have this variety of talent and knowledge in-house, an outsourced training company is likely to have Subject matter Experts (SMEs) available to cover any training topic of interest to your organization.
The Emergence of eLearning-Based Corporate Training
Years ago, any company looking to offer corporate training was likely to deliver it in-person, using a classroom-based model. But in the past decade or so, the evolution of SaaS-based technologies combined with increasingly remoter workforces have made electronic learning (“eLearning”) the preferred method for corporate training.
The core technology to support corporate eLearning is a Learning Management System (LMS). This is the application that is used to build, deliver, manage, and track the program. And while “standing up” your own corporate LMS can be very expensive, in terms of both up-front and ongoing costs, SaaS-based LMS providers have emerged to make it more affordable. In fact, most outsourced corporate training providers leverage a SaaS-based LMS approach to include the LMS technology your company will need as part of its corporate training program.
Leveraging Ready-Made Corporate Training Materials
Another advantage that many outsourced corporate training providers will bring to your program is the availability of ready-made corporate training courses and content. Utilizing this content for any (or all) parts of your program is likely to drive down your overall program costs and minimize the timeframe for getting your program started.
LMS Portals for Outsourcing Corporate Training
At LMS Portals, we provide our clients and partners with a SaaS-based, multi-tenant LMS that allows an administrator to launch and manage a dedicated corporate eLearning environment (portal) for each of your unique audiences. Each portal you launch includes a powerful course development engine, along with robust supporting tools for user onboarding, group management, learning path development, live remote training, analytics, and more.
We also offer a library of 140+ ready-made courses, covering most every aspect of corporate training and employee development. Each course can be branded and customized to meet your specific training needs.