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Social Learning Blog

Knowledge that's networked, plugged in and turned on.

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Corporate University for Less Than $100 per Employee

by Jeff on July 13, 2009

 

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.

 

To learn more about TOPYX Corporate University in a Box, please contact me at bob.brogan@interactyx.com or via phone at 708 572-4899.

Also, you can learn more about the benefits of using social networking and Web 2.0 technology to enhance your training program at our free, live webinar series:
Why Social Networking is Critical for Internal Training 
Wednesday July 15, 2009
2:00 PM – 3:00 PM ET
Register here – space is limited

Sign up for the webinar or contact me directly to get started today!
Bob Brogan
Vice President, Corporate Solution
Interactyx Limited
bob.brogan@interactyx.com
www.interactyx.com

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