Experience Online Learning Like Never Before

Greg Bybeegreg@novoed.com

ASU GSV ConferenceApril 18, 2016

Lectures Online Courses Workshops

What was your best learning experience?

Applied

Experiential

Project-Based

Collaborative

Why does online learning replicate the lecture hall?

Online learning should be as experiential as in-person workshops!

NovoEd replicates the experience of in-person learning, online.

Employee Training (Internal)

Client Training (External)Employee Training (Internal)

Leadership Innovation andDesign Thinking

SalesCustomer Service Employee Onboarding

Strategy andDecision Making

Leadership Innovation andDesign Thinking

Strategy andDecision Making

SalesCustomer Service Employee Onboarding

1. Critical for Business

2. Active Learning Required

3. Formerly Trapped Offline

Offline training today covers skill development and behavioral change

Developing these critical skills has been stuck offline

Figure 1. Migration of Training Online (1990-2016)

Online training today mostly supports basic content delivery

Source: Extrapolated from Bersin Corporate Learning Factbook and ATD State of the Industry reports, smoothed for illustrative purposes.

Developing these critical skills has been stuck offline

Figure 1. Migration of Training Online (1990-2016)

Online training today mostly supports basic content delivery

45% of hours, 75% of budgetNovoEd unlocks this training

and scales it online.

Offline training today covers skill development and behavioral change

Quality in-person learning is costly Corporate training budgets are limited

This training is (often) great, but it can’t reach the entire organization

Airfare – Average of $800 per person

Hotel – 3 nights @ $200 per night $600

Catered Meals – 3 days @ $150 per day = $450

Labor – $500 per day (assuming $125k/yr) = $1,500

Transportation – $200 per person across 3 days

Group Activity – $300 per person

Room Rental of $2500 per day x 3 = $7500

Total Investment before a facilitator = $103,750

Facilitator = $15,000 per day x 3 = $45,000

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Total Cost Per Person: $5,800

Source: Altman, Ian (2014) How Much Does Sales Training Cost? Forbes. Online.

Source: Bersin by Deloitte (2014) Leadership Development Factbook 2014: Benchmarks and Trends in U.S. Leadership Development.

This makes it possible to

reach the entire organization.

Use data to make decisions and measure ROI

Drive impact with continuous, applied learning

Stay agile with easy to deploy cloud-based training

Migrating training online also increases business impact

Reach entire organizations and new audiences

Reduce lost productivity by minimizing travel time

NovoEd offers the full solution.

Better Tactics.

Turnkey design and delivery services.

Better Tools.

Experiential online learning platform.

Our approach focuses on five principles

Intuitive, Delightful User Experience

Experience and Project Orientation

Collaboration and Social Engagement

Data Analytics and Insights

Mentorship and Peer Feedback

Engagement is 20x higher on NovoEd

Com

plet

ion

Rat

e

21%

2%

44%

293

Individual with Discussions

Teams Teams with Feedback

Chuck Eesley, Stanford Professor, conducted this research in 2014 based on data from Technology Entrepreneurship (12/13) with 26,248 students.

50%

Figure 2. Completion Rate By Social Model

Learners love it

Figure 3. Net Promoter Score (NPS), by Quarter

Source: Quarterly learner surveys

NPS of 67

Comcast ING Bank

Customer Examples

Stanford GSB IDEO

Comcast ING Bank

Customer Examples

Stanford GSB IDEO

Comcast ING Bank

Customer Examples

Stanford GSB IDEO

Comcast ING Bank

Customer Examples

Stanford GSB IDEO

ING Bank

Customer Examples

Stanford GSB IDEO Comcast

Experiential online talent development

that feels like in-personGreg Bybee

greg@novoed.com

Experience Learning.

http://novoed.com