Pros and Cons of Online Leadership Training
A recent LinkedIn Learning report showed that a shocking 94% of employees would stay at a company longer, if that company invested in their training. Understandably, every company needs to adhere to their budgets when it comes to implementing any form of training. There are both pros and cons to online leadership training. Online learning may or may not be the best solution for your workplace. If cost effectiveness is a concern for you, it is important to note IBM saved approximately $200 million after switching to e-learning.
Whether you aim to improve communication or critical decision-making skills, an investment in leadership development helps companies reach their short- and long-term goals — but is this type of training right for you and your team?
“Leaders become great not because of their power, but because of their ability to empower others.” — John Maxwell
A Better Leader offers online leadership training for your workplace that focuses on building employee trust, improving morale, maintaining engagement, and even developing your leaders’ coaching skills.
Of course, we understand that online leadership training isn’t always the best choice for every company. We’ll focus on both the pros and cons of online leadership training. We want to give you have a clear understanding of whether or not it will benefit you and your workplace.
Online Leadership Training: A Closer Look at the Pros and Cons
As stated by Gallup, managers, who are often workplace leaders, profoundly influence their teams. Accounting for approximately 70 percent of the variance regarding team engagement, their personal experiences with the company they work for can significantly impact the entire workplace and, in turn, workflow.
Before you invest in a training program like online leadership development, it’s important to weigh the associated pros and cons.
The Pros of Online Leadership Training
The concept of optimal leadership is a complex topic. However, there are many advantages associated with online training modules — especially for those who can not physically travel to off-site workshops.
If you believe that an online leadership training program may benefit your team and company, consider the following pros:
- Self Select The Right Courses: Since there’s no need to travel, you can select programs/modules that match the specific needs of your employees. If you choose in-person training, you’re stuck with choosing local workshops, simply because they’re available in your area.
- Higher costs would likely incur (i.e., travel costs, parking, food, etc.). In that sense, online training programs tend to be more cost-effective.
- Whether you aim to train select employees or your entire management team, an online training program can be utilized from anywhere. This helps your team actively participate whenever they please. Smart devices allow employees to access videos and resources on-the-go, such as when they’re riding the train or during lunch.
- Once an online training program is implemented, you can expect higher employee engagement and employee retention. E-Learning retention rates were found to be around 25-60%, as opposed to face-to-face learning at around 8-10%.
Cons of Online Leadership Training
Although there are many clear benefits associated with online leadership training, it’s essential to understand what potential negatives may arise. That way, you can be more mindful of what you need and what programs fit those needs.
Some of the cons associated with online leadership training programs you may want to consider include the following:
- A lack of immediate clarification between the employee and those teaching the course. This can potentially cause slight learning delays when aiming to understand new and challenging leadership skills. To remedy this, create and implement a system that encourages real-time feedback.
- Concerns over tracking employee completion. Unlike in-person training, where participants are physically in attendance, online programs require employees to work through modules on their own.
You’ll want to select a program that includes some level of compliance reporting, so that you can better understand which leaders have completed their training.
- You may not achieve the level of customization you desire based on your specific industry. This one-size-fits-all approach is often impractical, focusing more on theory than real-world advice. That is why you’ll want to select an online course that is immediately actionable.
Is Online Leadership Training Right for Your Team?
Unfortunately, many companies invest in leadership training but do not see a return on that investment. This can be frustrating. However, if you take a proactive approach, understanding why these companies do not see results, you can significantly benefit. Understandably, online leadership training may not be the most beneficial for your workplace. Your team may benefit more from in-person training or a seminar.
If online leadership training seems like the right fit for you, you’ll want to select a program that covers all the bases and diversifies your employees’ leadership skills. For example, A Better Leader allows organizations to help the leaders in their workplace encourage motivation, inspire productivity, and maintain engagement, focusing on four core areas — Support, Motivate, Improve, and Connect.
When you and your team have access to such a wide variety of topics and courses, you can ensure that all aspects of leadership training are covered, leading to a trickle-down effect throughout your workplace environment.
If your workplace needs to create behavioral change at a cultural level, let A Better Leader navigate your next steps.