Turn roadblocks into opportunities: The automakers and manufacturers guide to e-learning

E-books

For automakers and manufacturers like you, the playing field has changed dramatically over the last few years. This guide will show you how the workforce is changing, and the most effective ways to train, motivate and retain skilled workers

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Stop Forgetting Training, Retain It

Webinar

Time, effort, and money goes into your training program, but the truth is your employees are forgetting 70% of what they’ve learned within 24 hours. Even the best e-learning courses can’t make all your training stick and that means your company is losing time and money. According to a 2016 survey organizations with 1,000 employees waste at least 10,000 hours a year answering questions previously discussed in training. It’s time for employees to stop forgetting training and start retaining it.

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Eight Ways Bridge LMS Helped Revolutionize Sotheby’s Training & Can Do the Same for You

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Not too long ago William Pitt/Sotheby’s International Realty had a serious training conundrum:

1200 employees

28 states, each with unique requirements/regs

One trainer (Lance Pendleton, Director of Training)

All employees = independent contractors

Average age of agents: 61 (baby boomers)

Training = 100% voluntary, not mandatory

Training adoption rate: < 15%

Sotheby’s needed a strategy to turn things around

Sotheby’s knew e-learning would be the way to go, but they needed to find the right LMS for their particular workforce needs. They needed an LMS that met the following criteria:

  • Easy-to-use for both employees and authors
  • Compatible with any mobile device
  • Robust reporting and analytics
  • No overwhelming bells and whistles

Sotheby’s chose Bridge by Instructure to solve their training issues. Here’s what happened when Bridge was implemented:

  1. REDUCED TRAINING TIMES:
    • Estimated 40–60 hours saved of annual training time per agent
    • Total saved time per year: 48,000-72,000 hours
  2. MORE PRODUCTIVE MEETINGS:
    • Old Way: Face-to-face time with agents teaching tools: 80%; Time spent going over sales strategy: 20%
    • With Bridge: 20% tools training; 80% sales strategy training
  3. GREATER FLEXIBILITY:
    • Courses customized by location to accommodate varying regulations
    • A central content library for self-directed learning and quick access
    • Mobile compatibility for training on any device, anywhere
  4. INCREASED SCALABILITY:
    • Deploy courses companywide, or out to small teams/user groups
    • Train new hires on the basics without face-to-face meetings
  5. FASTER COURSE CREATION:
    • Goal: 50 classes in three months
    • Reality: 116 classes in two months (more than twice as many in less time)
  6. HIGHER COURSE ADOPTION RATES:
    • Goal: 12% adoption rate by end of 2016
    • Reality: 77% of agents have taken at least one class
  7. COMPETITIVE RECRUITING AND BETTER RETENTION:
    • Millennials value training opportunities more than salary
    • Empowered agents = engaged and productive agents
  8. INCREASED SALES:
    • Sotheby’s agent sales were up 28% while the market was down 33%

Learn more about how you can improve training at your company.
Download our Culture of Learning e-book.

Culture of Learning E-book
Culture of Learning E-book

Bridge is a modern learning platform created to drive a compelling learning experience while helping employees and companies grow faster. Learn more at GetBridge.com.

Does Your Company Value Learning?

E-books

Find out which elements you need to create a culture of learning. And see how company culture and values relate to loyalty, employee engagement, leadership skills, and professional development.

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Is Your Modern Workforce Getting the Right Training Mix?

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Modern talent development means targeted training programs that engages your modern workforce to the fullest. Does your LMS help you do that? Bridge Does!

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Creating a Culture of Learning from the Top Down

Webinar

One of the keys to success for businesses today is developing a modern learning environment where the organization actually embraces and creates a culture of learning. A company can hire employees with a desire to learn, but you can’t let it end at onboarding. One of the first places to start developing this culture is at the manager level. When managers are more knowledgeable, it lifts everyone up and pushes employees forward on the development path. Join David Wentworth, Principal Learning Analyst with Brandon Hall Group and Instructure as they explore the effects managers have on learning and strategies for developing a strong learning culture.

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