How Nonprofits can Benefit from a Digital Learning Platform

The unexpected onset of the COVID-19 pandemic has led to huge financial losses, especially for nonprofits. They are facing financial challenges at a time when their services are needed most by society. Almost 75% of nonprofits have reported that their funding and revenues were negatively affected during this time. It is estimated that nearly one-third of them will close within the next few months due to the pandemic.

The aforementioned figures can help in understanding the gravity of the financial condition of these nonprofit organizations. While nonprofit leaders could be running away from the challenges, they are in fact, realizing the potential opportunities as they shift and adapt operations and services.

How Learning Platforms Can Help with the Staffing Model

The COVID-19 pandemic has changed the needs of most nonprofit organizations. A significant impact of the pandemic has been on the training model of these organizations. Since it is difficult to currently provide in-person training, they are relying on digital learning platforms to remotely teach their members, employees, and volunteers. These digital solutions are proving to be an efficient and cost-effective tool in the effort to maximize employee engagement and effectiveness.

How the Platform Empowers Training

1. Reduces Training Expenses

Training expenses are a major concern for nonprofits, and they usually spend large amounts on infrastructure, travel, printed materials, and accommodation of instructors. However, the pandemic has made them realize the benefits of choosing virtual training resources offered by digital learning platforms. The most powerful platforms completely eliminate the need to hire on-site instructors, while offering 24/7 support to trainees and trainers. This increases efficacy by providing personalized learning pace (95%) and minimized travel (84%).

2. Reduces Training Time

Another advantage of using a learning platform is that you can deliver customized information to your workforce, pertaining to their job duties, skill sets, and roles. Research indicates that eLearning takes 40% to 60% less employee time than traditional face-to-face training and reduces training costs.

Additionally, a learning platform offers authoring tools that allow organizations to create high-quality content that is immersive and engaging. You can optimize this content for maximum knowledge retention through microlearning, videos, simulations, gamification and more.

Studies show that such active learning techniques increase retention rates by as much as 60%, compared to the 8%-10% retention rate of typical passive classroom training. So, along with great convenience, your employees can participate in online training activities whenever it fits into their schedule and speed up the knowledge transfer process.

3. Eases In-House Talent Development

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