Slowdown: Companies opt for e-learning to reduce costs

Companies in Pune are finding ways to deal with the slowdown.

Written by Ishfaq Naseem | Pune | Published:July 21, 2012 2:34 am

Companies in Pune are finding ways to deal with the slowdown. To reduce their operational expenses,firms are doing away with office meetings for employees working in distant locations,thus cutting down travel costs and are giving employees access to company’s legal instructions like code of ethics and anti-bribery policies. Instructions about latest products are being given on cell phones and notebooks through e-learning mode and the content developed for employees usage also focuses on their training needs.

Upside Learning,a training outsourcing company,made a turnover of Rs 12 crore last year through e-learning mode. Company’s founder and director Amit Gautam said,“Our products like learning management system (LMS) and Upside 2 Go (U2G) are helping companies reduce costs on trainings in a big way.”

Products like LMS are helping companies develop content in less time.

Firms across a range of sectors including IT,financial service,and manufacturing like Bajaj Financial Services,Seed Infotech,KPIT Cummins,Indira Group of Colleges,MIT College of Insurance,MIT School of Distance Education and Piaggio have switched over to the e-learning mode.

Debashish Goswami,Manager,Learning and Development,Bajaj Fin Serv Lending,said e-learning is used by the company to inform employees on the sales side about latest product offerings and send instructions about ways to deal High Network Individuals (HNI). “This is helping us as instead of calling employees in office,we are delivering the information on their cell-phones and notebooks,” he said.

Head,Organisation Development,India,Cummins India,Pallavi Keluskar,said e-learning mode helps “to keep employees informed about legal communications like anti-bribery policies. It is also integrated with learning modules that are accessed by employees on the move”.

Managing Director of Racold Mathew Job said since e-learning helps in operational efficiencies. The company plans to introduce it next year. He said e-learning helps as companies have both senior staff and freshers.

Bijoy Banerjee,associate vice-president,business development,Harbinger Knowledge Products,said,“Application of instructional design principles and multimedia programming that make e-learning content interactive can be accessed through computers,laptops and mobile devices.”

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