The whole concept of ROI (Return On Investment) in an e learning
perspective signifies that business organizations undertake e learning projects
with a completely different objective than their institutional counterparts.
Though the focus still remains on the 慙?rather than the 慐? for a business,coach poppy bags,
it is mandatory that the learning adds value to the business on the whole. A
corporate giant definitely does not gift its employees a learning environment as
a perk that adds a considerable value to their respective resumes. The company,
without second thoughts, will rather scrap the initiative if it does not yield a
proper ROI.
Before investing in anything worthwhile, a company carries out a thorough analysis of business goals. This becomes even truer for e learning programs because of their intangible benefits. An e learning initiative, or rather any developmental strategy for that matter will be ruthlessly turned down if it is not ably supported by a clear and precise business case. So, then,chanel 2.55 bag, what is a business case? A business case or a business plan is a document that compares the current status of the organization in regard of a particular topic with the desired status. It then provides a detailed step by step approach to fill this gap and reach the latter. A business case for e learning will help you convince the manager of the need of an e learning initiative, that is if your company has not already set foot on that path. Ideally, the business case for e learning needs to corroborate the investment made on it, and ensure the alignment of the learning process with business goals.
The following points might help in building a business case for e learning.
Describe the business problem
Restrain yourself from embarking upon a virtue-extolling spree of the e learning initiative. Instead focus on the business problem that you intend to tackle with the help of this tool. Focusing on the complex features of the process or the incomprehensible lexicon will only mar your plan by killing curiosity. Pinpoint the problem accurately and then talk about all the possible solutions to it. Then start strengthening your case by speaking in favor of your proffered solution.
List the objectives
Make it a point to be precise in stating the benefits of the program in terms of increased performance, productivity, quality of service, and in turn, sales and revenue. Do not forget to mention what the process is intended to achieve.
Focus on the financial viability
Include a feasibility report in the document to provide weight to your business case. Using financial parlance such as Return On Investment, cost benefit ratio, break even point, and the like will place your case in an esteemed position in the eyes of the management. The financial viability of a project is of primary importance to the decision makers; hence give them details about how you plan to reduce the costs and risks of the program while keeping the results intact.
Compare the proposed solution with the existing scenario
Drive home the change that will take place by implementing the learning initiative. List the departments that will come under the purview of the initiative and how each one will benefit from it. Also mention how the program will add value to the company抯 relationship with patrons, and partners alike. Highlight how the leaning initiative will bring about a paradigm shift in the way your competitors perceive your organization.
Detail the implementation process
The implementation of the program is a complex process involving copious resources. Decision makers can become skeptical about the whole concept if the business case does not detail the implementation and development of the initiative with a clear eye on the resources required. Prepare a separate section in your business case document that includes details regarding the budget,replica rado watches, infrastructure, time required, major milestones of the program, and assessment models.
Attach case studies and research proofs
Arm your business case with solid evidence of achieved feats through such initiatives. This will strengthen your case no end. Point out to case studies that show exponential growth of other organizations after embracing a similar process. List others that have gained immensely by such initiatives. Proven credibility of such programs greatly increases their chances of being adopted into the organization抯 fold.
List alternatives
Provide a back up plan, in case the proposed one does not click. Thus, the decision makers too will have something to fall back upon if they sense something wrong with the initial one. While giving alternate solutions, include the cost details, resources required, and all other aspects of the alternate program.
Summarize your document
End the document with a round up of all the important points. Signing off with the crux of the contained matter helps reinforce the importance of your case.
Conclusion
Though the above points provide a guide to write a generalized business case for e learning,replica rolex submariner, it is advisable to customize your case with organization specific details. Each organization has a different budget, infrastructure and resources to implement the project. Do your homework thoroughly and keep a tab on the expectations and comprehension levels of your audience. Be prepared to answer queries about related topics and use short, simple sentences lest you lose precision. And, who knows, the success of the program might just get you accredited with the augmented performance of the organization.
Before investing in anything worthwhile, a company carries out a thorough analysis of business goals. This becomes even truer for e learning programs because of their intangible benefits. An e learning initiative, or rather any developmental strategy for that matter will be ruthlessly turned down if it is not ably supported by a clear and precise business case. So, then,chanel 2.55 bag, what is a business case? A business case or a business plan is a document that compares the current status of the organization in regard of a particular topic with the desired status. It then provides a detailed step by step approach to fill this gap and reach the latter. A business case for e learning will help you convince the manager of the need of an e learning initiative, that is if your company has not already set foot on that path. Ideally, the business case for e learning needs to corroborate the investment made on it, and ensure the alignment of the learning process with business goals.
The following points might help in building a business case for e learning.
Describe the business problem
Restrain yourself from embarking upon a virtue-extolling spree of the e learning initiative. Instead focus on the business problem that you intend to tackle with the help of this tool. Focusing on the complex features of the process or the incomprehensible lexicon will only mar your plan by killing curiosity. Pinpoint the problem accurately and then talk about all the possible solutions to it. Then start strengthening your case by speaking in favor of your proffered solution.
List the objectives
Make it a point to be precise in stating the benefits of the program in terms of increased performance, productivity, quality of service, and in turn, sales and revenue. Do not forget to mention what the process is intended to achieve.
Focus on the financial viability
Include a feasibility report in the document to provide weight to your business case. Using financial parlance such as Return On Investment, cost benefit ratio, break even point, and the like will place your case in an esteemed position in the eyes of the management. The financial viability of a project is of primary importance to the decision makers; hence give them details about how you plan to reduce the costs and risks of the program while keeping the results intact.
Compare the proposed solution with the existing scenario
Drive home the change that will take place by implementing the learning initiative. List the departments that will come under the purview of the initiative and how each one will benefit from it. Also mention how the program will add value to the company抯 relationship with patrons, and partners alike. Highlight how the leaning initiative will bring about a paradigm shift in the way your competitors perceive your organization.
Detail the implementation process
The implementation of the program is a complex process involving copious resources. Decision makers can become skeptical about the whole concept if the business case does not detail the implementation and development of the initiative with a clear eye on the resources required. Prepare a separate section in your business case document that includes details regarding the budget,replica rado watches, infrastructure, time required, major milestones of the program, and assessment models.
Attach case studies and research proofs
Arm your business case with solid evidence of achieved feats through such initiatives. This will strengthen your case no end. Point out to case studies that show exponential growth of other organizations after embracing a similar process. List others that have gained immensely by such initiatives. Proven credibility of such programs greatly increases their chances of being adopted into the organization抯 fold.
List alternatives
Provide a back up plan, in case the proposed one does not click. Thus, the decision makers too will have something to fall back upon if they sense something wrong with the initial one. While giving alternate solutions, include the cost details, resources required, and all other aspects of the alternate program.
Summarize your document
End the document with a round up of all the important points. Signing off with the crux of the contained matter helps reinforce the importance of your case.
Conclusion
Though the above points provide a guide to write a generalized business case for e learning,replica rolex submariner, it is advisable to customize your case with organization specific details. Each organization has a different budget, infrastructure and resources to implement the project. Do your homework thoroughly and keep a tab on the expectations and comprehension levels of your audience. Be prepared to answer queries about related topics and use short, simple sentences lest you lose precision. And, who knows, the success of the program might just get you accredited with the augmented performance of the organization.
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