In present day fiercely competitive business environment, learning resources play a pivotal role in any organization's success. Earlier, corporations used to view training as a necessary expenditure rather than an investment. Today they are viewing learning as a vehicle to gain competitive advantage rather than just a cost-adding variable. The best performing organizations are developing methods to quantify and measure the learning results. Because of significant investments and focus on training, managers are increasingly being made accountable for these outlays and to demonstrate the cost effectiveness of training. When compared with the traditional methods of training, the potential financial savings associated with e-learning are quite significant. This paper attempts to discuss how e-learning is cost effective in comparison to traditional method, and how it can increase the return on investment (ROI) for training by reducing program cost, travel cost, personnel off-site cost, delivery and content development cost, etc. and by increasing learners' productivity, consistent and just in time delivery, etc.
Kamal K Gupta; Asstt.Prof. (Marketing). INMANTEC, Ghaziabad Vidushi Sharma; Faculty, ITS, Ghaziabad Kriti Priya Gupta; Faculty, ITS, Ghaziabad
Kamal K Gupta; Asstt.Prof. (Marketing). INMANTEC, Ghaziabad Vidushi Sharma; Faculty, ITS, Ghaziabad Kriti Priya Gupta; Faculty, ITS, Ghaziabad
