the khan academy revolution: why video first training is effective

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Presented By: Kieran Farr Co-Founder and CEO

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Presented By:

Kieran FarrCo-Founder and CEO

Why are we here?

Consumers seek video resource libraries like Khan Academy and Lynda for a range of information

Khan Academy has over 10 Million Unique Users per month**

*Source: Bersin by Deloitte: Video Learning: Why Companies Should Consider Using It **Source: http://live.fastcompany.com/Event/A_QA_With_Salman_Khan ^Source: http://www.forbes.com/sites/meghancasserly/2013/07/24/lynda-weinman-online-education-human-capital/

lynda.com has over 3 Million Unique Users per month^

Why are we here?

Seminars

60% of companies still rely on classroom-style training

Source: http://www.trainingmag.com/sites/default/files//magazines/2014_11/2014-Industry-Report.pdf

“78% of organizations surveyed stated they were transitioning from a traditional classroom learning model to an on-demand learning model with video components.”*

Agenda

New versus Old Style of Training (Done)

Why are so many companies using the “old-school” training method?

Explaining the different training approaches

How does video first training work?

What are the benefits of video first training?

The big takeaway

Q&A

Why is training important?

•$300 Billion - 2013 training expenditures across the globe* •A recent survey indicates that 40% of employees who receive poor job training leave their positions within the first year**

*Source: http://www.trainingindustry.com/blog/blog-entries/how-big-is-the-training-market.aspx **Source: https://www.go2hr.ca/articles/employee-training-worth-investment

•The success of your business may depend on quality training •Employees - benefits include higher quality output •Customers - benefits include better understanding of your product which leads to becoming raving fans of your product

Why are so many companies using the ‘old-school’ training method?

How do companies approach training now?

Seminars Documents Online

Syllabus-led training

Creating a concrete ‘learning path’ that your audience must follow

What is syllabus led training?•Concrete learning path •Prescribed path your audience must follow •Assessment is typically memorization for a “final exam”

How do companies approach training now?

•The success of your business may depend on quality training •Employees - benefits include higher quality output •Customers - benefits include better understanding of your product which leads to becoming raving fans of your product

Seminars Documents Online

Source: http://www.trainingmag.com/sites/default/files//magazines/2014_11/2014-Industry-Report.pdf

Why are we using syllabus-led training?

Syllabus-led training

Creating a concrete ‘learning path’ that your audience must follow

Why do we default to syllabus-led training?•We were raised and taught via syllabi •It’s easier to think of a concrete learning path •It’s standard practice and it seems to work

Syllabus-led training

Existing corporate training systems mirror this model

Learning Management Systems Course Authoring Tools

Self-directed training

Creating training resources that your audience can access anytime and anywhere

What does this mean?•Think of this as a library, not a classroom •Your training assets are the “modern library” •Your audience has a problem and searches your training resources for a solution •‘Just in time’ training

Self-directed training

Does this mean unstructured training?

No!•You control the structure and organization of your training assets •This structure is the suggested path, but you aren’t restricting your audience

Self-directed training

What about assessment and required completion?

Consider how assessment incentivizes the learner

Assessment Type: Final Exam

Incentive for learner: Memorize material to pass exam. Never see material again.

Result: Employee forgets material next day.

Assessment Type: Hours completed

Incentive for learner: Play videos that are relevant to job function.

Result: Employee doesn’t waste time on irrelevant information, but employer lacks assessment.

Assessment Type: Time + Pop-Quiz

Incentive for learner: Need to watch material intently to answer random quizzes.

Result: Educated employee and knows where information is when needed.

Self-directed training

…or gamification

Self-directed training

Growing popularity of video first training

Khan Academy has over 10 Million Unique Users per month**

lynda.com has over 3 Million Unique Users per month^

B2C Companies B2B Customer Examples

Saw 500% increase in Employee Engagement with video first training

Online video training program to turn customers into raving fans

The key difference between the two approaches

Memorization (Syllabus-Led) versus Internalization (Self-Directed)

Memorization…is the process of committing something to memory

Internalization…to make internal, especially to incorporate within oneself through learning or socialization

Memorization is for today, internalization is for everyday

How does video first training work?

The Video Library

The ‘learner’ chooses what to learn

The Video Library

The ‘learner’ chooses what to learn

The Video Library

Key points: • On-demand video training allows your employees to learn what they want, when they want • On-demand video training CAN be path based, but it is also a resource for when an employee needs help immediately

•Video First Training…can emulate an LMS format

•But, be sure that content is easily searchable at anytime though

So what about my LMS?

What is an LMS?

Content Delivery Data Storage

•You can still use the LMS as a data store •Delivery of content in video-first scenario often requires a non LMS vendor •You can still get data output in a format that works with your LMS

What are the benefits of video first training?

Your employee loves it

•Watch video anywhere, anytime, and on any device •If an employee has a problem, they’ll easily find a solution •It mimics the modern learning experience

Your company training will be much more engaging

Source: http://panopto.com/blog/5-facts-you-can-use-to-make-the-case-for-video-in-your-learning-development-organization/

•Employees are 75% more likely to watch video than its text-based counterpart* •OVPs enable you to know what your most valuable videos are, and what to produce next

Correlate audience activity with measurable outcomes

•Attribute individual user activity to job performance •Pass that data into your pre-existing systems

Case Studies

Common pitfalls of syllabus-led training

•Outdated content leads to mistakes in business processes •High costs - either LMS is super expensive or classrooms are •Training cannot be accessed anywhere

Case Study: Microsoft

Problem: In-class training was too costly

Action: “By substituting video for in-class training and smaller events, Microsoft was able to reduce the costs for classroom training from approximately $320 per hour per participant to just $17 per person.” -Panopto

Results: That equals a savings of $303 per student for every hour of in-class training!

Positive corporate outcomes of self-directed training

•Ability to rapidly update content to be “fresh” •Costs are no longer variable based on number of employees, but instead the amount of training resources available

•‘Just in time’ training enables employees to have resources at their fingertips

Case Study: Dave and Busters

Problem: Need to train new chefs and bartenders at all locations on new menu items

Action: Implemented ‘just in time’ training to all retail locations via iPads. Constantly updating video library with new menu items.

Results: Now are able to train at scale new and current employees without having to travel to each location.

Remember these two points!

Training has evolved to the point that rigorous syllabus style training is outdated and actually hurting your business.

Video training is all about cultivating an inviting learning environment for your employees that is an always available resource for just-in-time training.

“The video results company”

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55 New Montgomery Suite 608 San Francisco, CA 94105

E [email protected]

Launch your own video training course, go to www.vidcaster.com/schedule to schedule your kickoff!