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Blended Learning for Compliance Training Success
Dr. Karl Kapp, Professor of Instructional Technology, Bloomsburg University
Dr. Carrie McKeague, Chief Learning Officer, Kaplan E duNeering
Abstract
In today’s competitive business environment with slim profit margins, hungry competitors, and complex governmental regulations, manufacturers cannot afford to ignore training and education. Organizations that continually educate their employees grow, mature and stay competitive; those that don’t disappear.
Education and training has become so important that Michael Moe, Director of Global Growth Research at Merrill Lynch, called an enterprise-wide approach to training the “number one source of competitive advantage in today’s economy.” 1 Moe’s assertion is supported by a recent study of 575 U.S.-based publicly traded firms. The study determined that companies investing the most in training experienced higher gross profit margins and higher income per employee than companies that did not significantly invest in educational iniatives.2 In fact, many experts believe that the ability to learn faster than one’s competitors is an organization’s only sustainable competitive advantage.
Today’s sophisticated organizations have an unprecedented imperative for organizational learning; nowhere is that imperative greater than in the chemical, pharmaceutical, medical device and food industries.
