11. Leadership Innovation and
Design Thinking
Strategy and
Decision Making
SalesCustomer Service Employee Onboarding
1. Critical for Business
2. Active Learning Required
3. Formerly Trapped Offline
12. 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.
13. 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 budget
NovoEd unlocks this training
and scales it online.
Offline training today covers skill
development and behavioral change
14. 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.
16. 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
17. NovoEd offers
the full solution.
Better Tactics.
Turnkey design and
delivery services.
Better Tools.
Experiential online
learning platform.
18. 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
19.
20.
21.
22.
23. Engagement is
20x higher on
NovoEd
CompletionRate
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
24. Learners love it
Figure 3. Net Promoter Score (NPS), by Quarter
Source: Quarterly learner surveys
NPS of 67