Home
NicknameSozoID: , RiskID: , ID: -254263816, : Case Studies,
Nickname:
Password:
Spanish, English, JapaneseImagine your unlimited creativity Change Password,
Your Community Carte
Universal Forum
Universal Forum

Category:
This Forum shows content across all Categories
Forum:
Case Studies

0.
伝統文化と創造によるまち創り

STA22

1.
商店街の振興

STA814

2.
障害者福祉施策

STA531

3.
お年寄りの福祉

STA55

4.
心の健康リスクと対応策

STA58

5.
母子の健康管理・児童手当

STA613

6.
乳幼児向けデイケア

STA614

7.
学齢期のリスクと対応

STA62

8.
再生可能エネルギーの普及

STA713

9.
地場企業・中小企業の振興

STA810

10.
社会的ファイナンス

STA82

11.
活力ある農林水産業の育成

STA83

12.
観光の振興

STA84

13.
高齢者向け優良住宅

STA962

Wachovia saves training costs for 94,000 staff by E-Learning
I'd like to support this social venture by donation:
I want this type of Social Venture to be created in my home town:
I'd like to jointly create this type of social venture in my home town:
E-mail: Wachovia Unit: Centra, Cognitive Arts, SkillSoft, SmartForce
Answer: Thanks to a transition strategy that's moving away from conventional stand-up training in classrooms to Web-based courseware available around the world and around the clock, Wachovia is delivering very cost-effective training. "We've got the dollar cost down to just absurdly low levels," says Doyle, human resources technology manager at Wachovia headquarters in Charlotte, North Carolina.
Hampstead Heath, London, in March
Sequence: Assign a number (with decimals) determining the sequence of your question.: The E-Training of America By Lisa Vaas, PC Magazine Map: 2001-12-26 00:00:00
Wachovia spent a lot in old-fashoned education for tellers
It wasn't always that way. The lion's share of training resources went to educating tellers, and Wachovia was delivering it the old-fashioned way to over 10,000 tellers and other employees each year until about five years ago. New hires would travel?often by plane?to the closest off-site training center, be it in Charlotte, Chicago, Philadelphia, or Jacksonville, Florida, for a ten day training course. Instructors would stand in front of a class and lecture on the ins and outs of opening and closing accounts and other skills. With Wachovia footing the bill for travel, hotel, meals, and lost work days, costs were skyrocketing and training was inconsistent. "A class is only as good as an instructor, and instructors have good days and bad days," says Doyle. Computer-based training was an improvement, but distributing updated courses to the branches was still a logistical headache. "We're solving the distribution problem with Web-based training," he says.
Overhead of Web-based Training is so Low
So about three years ago, Wachovia started to sift e-learning courses into its training mix with the help of Cognitive Arts, SkillSoft, SmartForce, and a team of 60 in-house staffers who design, develop, and deploy courseware. The transition has reached into every corner of the company's training division?First University?composed of colleges of human resources, banking, leadership, and e-commerce. Today, stand-up classes have been replaced with either computer-based or Web-based training. Over 700 courses cover everything from Java programming to coaching and mentoring. Tellers around the globe receive high-quality, consistent training in five days. Doyle doesn't have to think long about the primary payoff of Web-based courses: Development cost is sunk once. "The overhead associated with an actual product is so low now," he says. "That's the beauty of these Web-based courses and virtual classrooms."
Wachovia launched Web-based courses with Live Instructor
Recently, Wachovia launched Web-based courses with live instructors. The courses save the company plenty by reducing the need to prepare lots of classroom instructors and fly them around the globe. According to Sutker, vice president of e-learning strategy and deployment, the savings from travel costs alone will pay for the Centra eMeeting training platform the company deployed earlier this year, mainly for IT training. Sutker said one Centra-based training project is slated to save $200,000 compared with the cost of instructor-led classroom training. Wachovia often finds it's cheaper to prepare instructors than to create asynchronous (or self-paced) materials.
Anybody who read this case study can participate in the evaluation of this socail business concept
To Evaluation This Socail Business Social Impact Mutual Help Model Social Inclusion Business Sustainability Replicability Evaluation Total
Your Evaluation (1:Lowest to 5:Highest) 3 3 3 3 3 3
Japan Case_Studies Related Website Case_Studies
Average Score sent by users 3
Number of Rators 1
for authors:
Upload Business Plan of this Social Venture : If you are working for the organization, and want to create a Business Plan of your organization, please click the link and follow the instructions. Look at the Business Plan of this Case
Develop your own Business Plan using your location's data based on this Model :if you plan to create a social service in your favorite city/town, based on the basic vision of this Social Venture, please use this link to the Business Plan Writing software which guide you by giving necessary information how to create a BP using your city/town's data.
Key Word Search:
Edit the documents(Admin. use only)
Responding to Online Applications (Official use only) CCS_Dash_Board