Enterprise Video Library is now a “must have” for Employee Training

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Especially in Hybrid Work Arrangement Post COVID-19

San Mateo, CA. September 14th 2023

The COVID-19 pandemic has triggered a massive shift towards remote work, forcing enterprises across the globe to adapt to a hybrid work model. As companies navigate through this new normal, the need for effective employee training and development has become even more critical. 

Hybrid work is here to stay – Mckinsey

In order to bridge the gap created by physical separation and to ensure a successful transition to this hybrid work arrangement, investing in a video library for employee training is an absolute necessity. In this blog, we will discuss the reasons why enterprises should prioritize the establishment of a comprehensive learning video library.

As enterprises grow and evolve, the need for scalable training becomes crucial. A video library provides the infrastructure to scale training efforts rapidly, ensuring that new employees can seamlessly access the required training materials. Additionally, recorded training sessions can be stored in the video library as part of the knowledge management system, allowing employees to refresh their knowledge whenever needed and reducing dependency on subject matter experts.

Why need an internal video library when you have Youtube? 

A video library allows employees to access training materials that are exclusive to the business, anytime, anywhere. This is of utmost importance in a hybrid work arrangement, where employees may work from different locations and time zones. By providing training videos that can be accessed on-demand, enterprises enable employees to engage with the material at their own pace, increasing productivity and knowledge retention.

Improved Training Efficiency:

A video-based training approach reduces training time by up to 60% compared to traditional methods, allowing employees to quickly acquire new skills and knowledge. Compared to traditional in-person training methods, a video library offers significant cost savings. By reducing or even eliminating the need for travel, accommodation, facilities, and instructor fees, enterprises can allocate their training budgets more effectively. Additionally, the one-time creation of training videos allows for indefinite and repeated use, making it a cost-effective solution in the long run.

Greater Retention of Information

Research suggests that people retain 95% of information presented through video compared to just 10% through reading alone. Video libraries enhance knowledge retention rates by engaging multiple senses simultaneously.

Higher Engagement Levels

Video as a training medium boosts employee engagement, with 92% of individuals acknowledging the impact of video in capturing attention and improving understanding.

Flexibility and Accessibility:

Video libraries enable anytime, anywhere learning. Seventy-five percent of employees prefer accessing training materials at a time that suits them best, ultimately increasing convenience and participation. Video is a powerful medium that captures and retains attention more effectively than textual or auditory training materials. By incorporating interactive elements into training videos such as quizzes, assessments, and Q&A sessions, enterprises can boost employee engagement and enhance the learning experience. This interactive approach fosters active participation, improving knowledge retention and application within the hybrid work environment.

Cost Savings

Traditional training methods incur high costs in terms of travel, accommodation, materials, and instructor fees. Video libraries offer a cost-effective alternative, reducing expenses associated with training programs. Compared to traditional in-person training methods, a video library offers significant cost savings. By reducing or even eliminating the need for travel, accommodation, facilities, and instructor fees, enterprises can allocate their training budgets more effectively. Additionally, the one-time creation of training videos allows for indefinite and repeated use, making it a cost-effective solution in the long run.

Standardized Training

Video libraries ensure consistent messaging and content delivery across different locations and departments, maintaining uniformity of information and skill sets among employees. In a hybrid work environment, it can be challenging to ensure that employees across different locations receive consistent and standardized training. By centralizing training materials in a video library, enterprises can guarantee that all employees have access to the same content regardless of their location. This helps to maintain a high level of quality in training and promotes a more cohesive corporate culture.

Remote Collaboration

In a hybrid work arrangement, video libraries enhance remote collaboration and information sharing, connecting distributed teams and enabling seamless knowledge transfer.

Interactivity and Engagement

Video libraries can incorporate interactive quizzes and assessments, providing real-time feedback to employees and allowing managers to track progress and identify areas for improvement.

On-Demand Training Support

Video libraries serve as a readily available resource for employees to refresh and reinforce knowledge. They contribute to ongoing professional development, ensuring employees are equipped with up-to-date information and skills.

Demonstrated ROI

Companies investing in video-based training observe a 45% improvement in employee productivity and a 47% increase in customer satisfaction. Such returns elucidate the value and impact of video libraries.

In the post-COVID-19 hybrid work arrangement, employee training and development play a pivotal role in maintaining productivity and driving organizational success. Investing in a video library for training purposes allows enterprises to provide accessible, consistent, and engaging training experiences to their employees, regardless of their location. Furthermore, it offers cost efficiency, scalability, and knowledge management benefits. By prioritizing the establishment of a video library, enterprises can adapt to the hybrid work model more effectively and ensure that their employees have the necessary tools to thrive in this new normal.

About CircleHD

CircleHD is a leading provider of enterprise video content management and distribution solutions. The platform enables organizations to securely store, manage, and distribute video content for training, collaboration, and corporate communications. With CircleHD, companies can efficiently create, share, and track video content to improve employee engagement and knowledge retention. If you’d like to learn more about how CircleHD’s Enterprise Video Learning platform can help improve your company’s productivity,  we’d love to chat.