Until recently, the creation of a Corporate University has been out of reach for the vast majority of companies due to the costs of establishing the environment. With the advent of affordable technologies such as Web 2.0, the creation of an interactive university that supports formal and informal learning for mid-market companies with 300 or more employees is now a reality. For those that are looking to create learning environment for their distributed organization, Interactyx Limited offers TOPYX Corporate University in a Box. The solution allows companies to realize cost saving and productivity benefits in a matter of months rather than years.
Based upon the research from Corporate University Xchange’s Survey of Future Directions, the benchmarks for starting up a Corporate University made little sense for any company but Fortune 1000’s. To address this problem for the vast majority of companies in need of training destination for its employees, Interactyx Limited has created an offering that combines its hosted LMS with integrated social networking for collaboration, courseware from world-class sources and experienced professional consultants to provide a superior employee learning environment at a fraction of the traditional costs. Here is how TOPYX Corporate University in a Box stacks up to the benchmarks.
|Key Metrics||Benchmark Average||TOPYX Corporate University|
|Start-up Timeframe (from concept to Day 1 rollout)||3 Years||3-6 Months|
|Percent of Payroll for Education & Training||2.2%||1.0%|
|Start-Up Budget||$1.2M – $1.6M||<$300,000|
|Average Cost per Employee||$1,500||$99|
|Employee Focus||Specific Groups (e.g Sales, Leadership, Operations, Customer Service)||All employees|
Source: Corporate University Xchange: Survey of Future Directions, 2006
While these facts alone should be enough motivation for your company to look at the TOPYX solution, our social networking components enhance the communication of the organization by allowing experts to share knowledge with others, expedite new product or process improvement rollouts, facilitate problem solving and improve the overall performance of your employees. TOPYX is a transformational game changer that supports the future direction of learning within your business.