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Gaining Efficiency
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The Human Capital
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» The Human Capital

The human capital is the most valuable asset to any organization. The equation may be simplified accordingly; wherever there is knowledge, find it, hone it, entice it, produce it, use it and this will translate to $$$ in the bottom line. In other words the objective of building knowledgeable staff is based on the principle of assigning responsibility, accepting accountability, being recognized and rewarded for the achievements.

Business eLearning is inextricably tied into Human Resource Development. eZeeLearning tools come equipped with an effective administrative module which will electronically track who took which course and when and what were the results.

This is most effective in organizations which are highly regulated like the Financial Industry. For example, today the training for Anti Money Laundering and Anti Terrorism is onerous and costly to say the least. In the developing world, banks are required to have their staff not only take the course 4 times per year, but each staff is required to pass with a certain percentage. Think of the administrative nightmare and added HR costs just to monitor this one requirement especially for banks with thousands of employees. Yet, using HIPNET's eZeeLearning tools, specifically the administrative module, employees take the course and the tests on their own time from their desk and a report is provided to the head of HR as to how many took the course and passed above the cutoff percentage and who did not.

The above is a prime example of how organizations build knowledge base employees. Yet the example deals only with compliance, keeping current with regulations, which is becoming more stringent. Just imagine the results if this type of learning were to be geared towards ensuring that companies, not only achieve a competitive advantage but sustain this differentiator into perpetuity. That is how one builds an everlasting organization.


 


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