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TRANSCRIPT
Udemy for Business
How to Sell Learning to the C-Suite
August 29| 10:00am PST
Speakers
Paula SpearsSenior Director of Global
Talent Management & Employee Development
Cylance
Brent BoeckmanCEO and Founder
Rising Strengths Consultingformerly Head of L&D at
Malwarebytes
Shelley OsborneHead of L&D
Udemy
Agenda
1 5-step process to get key stakeholders on board
2 Case example: Malwarebytes
3 Case example: Cylance
4 Q&A
5-step process to get key stakeholders on board
Challenge: proving the value of learning
• Traditionally challenging to show ROI of learning in ways C-Suite understands
• How can L&D pros drive this statistic up and get more business leaders on board with learning?
Sales
Only 33% of business leaders think the L&D function
impacts business outcomes
Source: CEB
33%
5-step process to get key stakeholders on board
1 Act like a consultancy: Your employees’ ROI is your ROI
2 Get crystal clear on your company’s decision-making process
3 Assemble your dream team
4 Speak in numbers – build your business case
5 Pick good use cases and easy wins
• Don’t start with your bells & whistles, start with their concerns
• Understand the needs of the team or company
• Be reactive rather than prescriptive
Act like a consultancy: your employees ROI is your ROISTEP
1
Act like a consultancy: your employees ROI is your ROISTEP
1
Connect your training to your employees’ ROI
• Sales team: If goal is to increase sales deals by X%, that’s your ROI
• Customer service team: Soft skills training ROI is to increase customer service satisfaction scores
• Software development team: Tech training ROI is to increase time to productivity of new hires and bring products to market faster
Get crystal clear on your decision-making process
• Understand how major decisions are made at your company
• Align on priorities across departments
• Know where your budget is coming from
• Create a working timeline
STEP
2
Assemble your dream team
• Be a door-to-door salesperson
• Identify an active sponsor
• Find out who’s on your side
• Align priorities across finance, legal, HR and IT departments
• Integrate L&D with all facets of your business
STEP
3
Speak in numbers: Build your business caseSTEP
4
Speak in a language that resonates with execs• Start the conversation
with metrics• Weave numbers into a
bigger story• Be concise and give
context
Do your groundwork• Talk to referrals• Benchmark• Gain access to key data• Create metrics where
you don’t have them
Speak in numbers: Build your business caseSTEP
4
Put your numbers together
• Impact on the business: lost revenue, excess costs, lost productivity
• Budget, resources, timeframe
• Alternative cost scenarios
• Expected outcomes: improved revenue and efficiency
• Alignment with business goals: profit generation, business growth, revenue increase, operational efficiencies, risk mitigation
Pick good use cases and easy wins
• Consider the point of need and time
• Pick the right pilot audience
• Be agile
• Manage realistic expectations
o Case example: Udemy Feedback is Fuel program
STEP
5
Case example: Malwarebytes
• Make it about the individual department
• Your managers ROI is your ROI
• Don’t have separate goals, adopt the team’s goals
• If team goal is to increase sales deals by 10%, that was my ROI
• Get to know the different processes of each department
STEPS
1-2 Act like a consultancy & understand your decision-making process
Assemble your dream team
Be a door-to-door salesperson:
• Sell vision of what is possible: share course collection—what would your team take?
• Questions to ask: What does training mean to you? How do you envision developing your people?
• I spent 5-6 months talking to managers, leaders, and execs about their issues and goals
STEP
3
Assemble your dream team
Use a change management process
• Identify who’s on your team and who’s not
o Find an active sponsor to help win over C-level stakeholders
o Focus on naysayers who you need to educate more on the initiative
• Recruit learning champions at team-level
o Identify team who has an ROI objective that L&D could help achieve
STEP
3
Assemble your dream team
Integrate L&D with all facets of the business
• When rolling out Udemy for Business, success based on integrating learning into performance reviews:
o In quarterly goals, one goal related to personal development
o Allocated 20 hours per quarter for employees to invest in learning
STEP
3
STEPS
4-5 Build the business case for learning & pick a good use case
CHALLENGE
Sending the QA team to on-site Python training would incur high travel and training costs.
SOLUTION
QA team to take on-demand Python courses through Udemy for Business.
RESULTS
Entire team trained in 30 days vs. 6 month goal.
Substantial savings in travel, training, and labor costs.
Entire production calendar moved up which resulted in shipping product releases and updates ahead of schedule.
STEPS
4-5 Build the business case for learning & pick a good use case
ROI of learning for Malwarebytes
$2,340Savings per employee
11QA Engineers
$25,740Total savings
Case example: Cylance
• Identified the training needs of business leaders & managers
• Constituency needs: More just-in-learning, less classroom instruction
• Understand who the key decision makers are in the process
• Key lesson learned: align priorities early on with Finance, Legal, HR and IT departments
STEPS
1-2 Act like a consultancy & understand your decision-making process
Assemble your dream team
Identify an active sponsor and have them test it:
• Our CEO took a course on Udemy for Business and became an instant champion
Find people who are already engaged in learning:
• Asked employees taking courses on Udemy on their own to share why they loved it
STEP
3
Assemble your dream team
Align with your finance, legal, and IT departments early on:
• Biggest takeaway: Didn’t spend enough time educating them early in process
• Should have done product demo for them
• Finance looked at overall cost, not cost per person
• Legal contract language also a hold up in process (e.g. privacy, liability issues)
STEP
3
Assemble your dream team
Integrate L&D with all facets of the business:
• At Cylance, we build learning into onboarding from Day 1
• Employees sign on to Udemy for Business and start taking courses during onboarding
• Creates a stronger alliance with L&D and HR
• Demonstrates how much company cares about employee development
STEP
3
Build your business case for learning
Demonstrated cost savings to win over my CEO:
• Calculated ROI using cost per employee
• Compared cost of individual employees already reimbursing Udemy courses vs. subscription for entire company
• Graphed break even point: amount we previously spent reimbursing employees vs. annual subscription
• Showed would spend 4x less using subscription
STEP
4
Build your business case for learning
Once purchased, continued to show CEO monthly metrics:
• Adoption metrics
• New users and popular courses
• Our tagline: “We don’t care what you’re learning—just learn”
• People were learning more and it cost less
• Added benefit: people could learn without others knowing they didn’t know something
STEP
4
Pick good uses cases and easy wins
Cylance Management Essentials Program:
• Blended learning: gave them more direction & structure
• CEO & Executives co-facilitate
• 5 management competencies tied to Udemy for Business courses
• 15 online courses
• Monthly discussions on each topic
• Capstone project
• Certification at end of 6 months
STEP
5
Q&A
Paula SpearsSenior Director of Global
Talent Management & Employee Development
Cylance
Brent BoeckmanCEO and Founder
Rising Strengths Consultingformerly Head of L&D at
Malwarebytes
Shelley OsborneHead of L&D
Udemy
Thank you