Microlearning has emerged as a highly effective training approach for businesses in today's dynamic landscape. With the rapid pace of change, the adoption of microlearning for employee development is increasingly prevalent. Yet, assessing the true impact of these compact learning modules remains a challenge.
Read this 5 point checklist to compare frontline readiness platforms with LMS
Determining the Return on Investment (ROI) of implementing microlearning can be transformative, providing valuable insights into its efficacy and contribution to business outcomes. A successful microlearning initiative must demonstrably enhance employee performance. Without tangible improvements in skill retention and application in the workplace, the value of training diminishes. Thus, evaluating the effectiveness of your microlearning program becomes imperative. Measuring the impact of microlearning on business is crucial for several reasons such as resource allocation, ROI evaluation, continuous improvement and employee development plans, employee engagement and strategic decision making.
Assessing the effectiveness of microlearning on a business involves several steps to measure its success comprehensively:
- Define Objectives: Clearly define the objectives you want to achieve with microlearning. These could include improving employee performance, increasing productivity, reducing training costs, et al.
- Baseline Measurement: Before implementing microlearning, establish baseline metrics related to the defined objectives. This could involve assessing learning score, engagement levels, employee performance, productivity levels, training costs, using pre-existing methods.
- Implementation and Tracking: Implement microlearning initiatives and track various metrics during and after the process. This includes engagement metrics (completion rates, time spent on modules, adoption rates), knowledge retention, skill acquisition, behaviour change, and any other relevant performance indicators.
- Feedback and Surveys: Gather feedback from learners, supervisors, and other stakeholders through surveys, interviews, or focus groups. This qualitative data can provide insights into the perceived effectiveness of microlearning and areas for improvement.
- Quantitative Analysis: Analyse quantitative data collected during the implementation phase. Compare metrics such as performance improvements, productivity gains, reduction in training time/costs, etc., against baseline measurements to assess the impact of microlearning.
Read More: https://www.masteroapp.com/blog/5-ways-by-which-microlearning-and-gamification-can-ensure-retail-banks-improve-customer-experience-sell-bundled-solutions/ - ROI Calculation: Calculate the return on investment (ROI) of microlearning by comparing the costs associated with its implementation against the benefits gained. Consider both tangible benefits (e.g., cost savings, increased revenue) and intangible benefits (e.g., employee satisfaction, improved morale).
- Iterative Improvement: Use the insights gathered from the assessment process to refine and improve microlearning initiatives continuously. This could involve updating content based on learner feedback, adjusting delivery methods, or targeting specific skill gaps identified through assessment data.
We have made a 5 point simplified checklist template which can help in measuring the success of microlearning initiatives:
By following these steps and adopting a systematic approach to assessment, businesses can effectively evaluate the impact of microlearning on their operations and make informed decisions about its future implementation and optimization. In summary, measuring the impact of microlearning on business is essential for optimizing resources, driving continuous improvement, supporting employee development, gaining a competitive advantage, and making informed strategic decisions. It enables organizations to maximize the benefits of microlearning and achieve their overarching business objectives effectively.
Master-O®, a frontline sales readiness and gamification platform, has powered several sales enablement & frontline readiness programs for enterprise customers and been a key driver of sales strategies for leaders across industries. To make capability development, sales enablement & engagement more personalized, Master-O® empowers sales managers tap into various data points and analytics for coaching & upskilling their frontline reps. This gives sales leaders and managers much-required objective perspective to reimagine their sales coaching, capability development & enablement approach and realign it with performance metrics.
To learn more about Master-O®, please visit masteroapp.com or schedule a demo to discover how Master-O® can redefine sales readiness & frontline capability development for your organization.