Posts tagged with "roi"

Business woman article illustration by Kaelen Felix for 360 Magazine

How To Host Inclusive Corporate Training

Is Your Corporate Training Program Inclusive? If Not, Here’s How You Can Do It

Inclusion is an important aspect of every workplace. However, surprisingly even the greatest of the companies with impeccable work culture often gloss over accessibility and inclusion in regards to training and development as an afterthought.

It’s crucial for every organization and its leadership to understand that training employees will never have a one-size-fits-all solution. Every employee has a different learning capability. They interact and engage with the program in different ways. Therefore, they cannot be expected to yield similar results. That’s simply impractical.

That’s where inclusive training plays an important role. Inclusive training includes the steps that you take to remove every hindrance that prevents, or could prevent, your workforce from reaching their full potential.

The more inclusive and accessible your training is, the more it’ll help employees retain what they learn. It helps a majority of employees stay engaged and consequently, improve the ROI of the program.

Here’s how you can achieve greater engagement and ROI:

  • Use the Right Language

Start by adopting an LMS that offers multilingual features. Take Totara LMS, for example. Once you have an LMS that supports different languages, identify the linguistic capabilities of your team members. Even if you have English as your working language, you can still translate training in the language that a maximum number of your employees speak.

When they learn in their own language, this helps them retain information and understand concepts better.

You should also tone down your training. Make it more user-friendly, avoid technical terms, steer clear of jargon, and use shorter sentences.

  • Adopt Different Methods to Deliver Content

We’ve already talked about how different learners have different capabilities to engage with the content. Thus, finding different ways to deliver content to your employees is considered one of the best practices.

While a few might learn better with employees, there are others that may prefer PDFs or infographics to grasp the content better. You should consider offering different options to employees if you want your training to be inclusive and effective.

Also, be sure that your content can be accessed from different operating systems on different devices. This will allow your employees to engage in microlearning and be a part of the program even when they’re on the go.

  • Consider Age and Technology Literacy Gaps 

Your entire workforce will not be tech-savvy and you need to keep this in mind. In an organization, you will not only find millennials that are comfortable around technology. You have your workforce that is built of individuals from varied generations.

While you wouldn’t want the baby boomers in your team to feel left out, you also wouldn’t want your millennials to lose interest. So, how do you create a balance? By pairing individuals from different age groups together.

Make employees from different generations and tech skills study buddies. While millennials can play their part in helping the older generation learn about technology, baby boomers can help millennials learn from their experience.

  • Encourage Self-Paced Learning 

As companies adopt remote working as their permanent or temporary work arrangement, remote training with the help of different online courses became a norm. However, the workplace was not the only change that individuals had to face.

Those in the workforce working from home had to deal with changes that were taking place at their home as well. Many have kids who are homeschooling, or may need to take care of elderly family members. It is likely their stress levels are higher than usual.

It’s true that the training program should be completed on time and it’s important for everyone to be involved. However,  inclusive training means offering flexibility and encouraging self-paced learning.

Conclusion 

Inclusive training in today’s time is a crucial practice. The best ways to make your training more inclusive is by using different language, delivering content in more than one way, pairing up different employees from different generations together, and encouraging self-paced learning. The more inclusive you make your training, the more successful it’ll be.

Back to College by Mina Tocalini

Tips to Keep Finances High as a Startup Owner

One of the primary challenges of running a brand new business is trying to keep finances as high as possible, while also taking risks to ensure that the business remains relevant in a competitive industry. To a startup, just about every decision made is a potential risk, as there are plenty of ways for things to go wrong. Thankfully, the potential reward is often high enough that the risks tend to even out as time goes on.

That said, a startup needs a steady stream of finances to keep going — though not every inexperienced startup owner is prepared to keep a stern eye on their finances. In such cases, preparation is the name of the game. Here are some top tips to help keep finances as high as possible as a startup owner.

On the topic of covering your bases

They often say that to make money, the first order of business would be to understand how to spend money. There are few things that encapsulate such a saying more than the use of insurance options for the company. No matter the chosen industry, it is crucial that you have a firm understanding of the insurance you need for your business.

For example, as a realtor, it is all about matching clients up with the perfect home. But, it can be extremely challenging to accomplish that without the necessary real estate agent insurance, found at Next. Small businesses have to take note, as there are specific types of small business policies that can help startups keep a solid level of coverage, without losing too much money.

The benefits of hiring an experienced accountant

Those looking to manage their finances as tightly as possible would do well to hire a professional such as an accountant, as startup management can often mean a mountain of paperwork for the unprepared. That being said, the idea of hiring an experienced accountant is not just to keep the paperwork and finances in order — it is also about understanding which moves to make next as a company.

Not only do experienced accountants have years of practice under their belts, but they can also provide valuable advice based on their wealth of business knowledge. It always pays to utilize experienced professionals to fill the gaps.

Maintain consistency with social media

To obtain a steady stream of revenue as a startup, one of the best ways to get the job done would be to show prospective clients and supporters that the company is worth supporting. For example, maintaining an active account on social media shows online users that the company is always willing to interact with their audience. Even if the services might not be quite there yet, a company that remains consistent in its desire to make improvements based on feedback is often what wins the day.

While keeping finances out of the red while simultaneously taking risks as a startup can be a challenging tightrope to balance on, it doesn’t have to be a miserable process. Making use of the best practice methods above is enough to guarantee a solid foundation.

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Cloud vs On-premise: What Does Your Company Need

If you’re looking for a new, efficient document management system, you’re probably noticing that many of your options are either cloud solutions or on-premise solutions.

In this article, we’ll talk about the differences between these two options. That’ll help you figure out which option is best for you.

Cloud Vs On-Premise: What Are My Needs

When considering your company’s needs, think about these five factors:

  • Functionality
  • Cost
  • User interface
  • How to share files
  • Integrations with other software

Let’s talk about each of these factors in more detail.

  1. Functionality

Cloud-based solutions earn their ‘online’ monikers due to the fact they can function in-browser on the internet, and this is important for several reasons.

Virtually any information device can gain access to the Internet these days, whereas, with on-premises DMS, access to organizational storage and collaboration features remain tied to the software’s point of installation/origin. Cloud vs. on-premise document management cannot be distinguished from each other without analyzing the functional limitations of on-premise solutions.

However, the cloud can transcend issues with desktop compatibility sometimes found in niche operating systems (niche meaning not within Windows).

Essentially, cloud-based, online DMS is, beyond any serious criticism, more functional than its on-premises counterpart, particularly because of its accessibility via mobile applications and consumer-grade laptops (such as Mac), which are becoming increasingly popular in the enterprise.

  1. Cost

Many know the up-front price differences between on-premises and cloud-based DMS, but few understand the differences in long term value. And, as always, value and price must be viewed hand-in-hand.

This is one of the most complex differences between cloud vs. on-premise document management solution.

Price is the most complex facet of these two technologies’ differences. On one hand, there are simple, bottom-line methods of measuring the expenses of each, and on the other hand, there are ‘benefits’ that are much more difficult to initially calculate as hard ROI.

Initially, the cloud costs less across the board from simple calculations, but both on-premises and cloud-based DMS will generate ROI for organizations because each technology helps organizations go paperless.

However, it should be noted that in general, organizations will have to spend more on electricity costs with an on-premises solution, and on-premises solutions are a better fit for rural offices as these areas have fewer Internet speed/access options.

  1. User Interface

On-premises solutions are typically easier for DMS newcomers to understand. But the cloud, as a web technology, offers a certain degree of customizability that can render the solution more intuitive to its user.

Despite the intuitiveness of the cloud, on-premises is a technology that’s been around for a while and can be likened to the intuitiveness of software comprising the Windows interface.

Despite these differences, both modes of DMS usage provide the software integration needed to make processes more intuitive with an existing tech infrastructure.

  1. How To Share Files

On-premises solutions are great if you only need to share documents across the office. On-premise software solutions usually rely on an office intranet to share documents from employee to employee.

The problem is, businesses oftentimes need to share documents with people outside of the building. There are different secure options for sending messages, but a cloud-based DMS will have that built-in already.

So consider who will need access to documents when making the decision.

  1. Integration

On-premises offers more control over how security is implemented, measured, and contained, whereas the cloud, although not as customizable, is arguably more configurable – meaning external components are more easily integrated into the system.

Cloud vs. on-premise document management provides insight on how much customizability is offered for on-premise over cloud-based alternatives.

An organization with a lot of programming demands may want to consider this option. As with any new technology, there are always going to be somewhat limited integration capabilities with preexisting organizational structures.

However, the right document management software, whether on-premises or in the cloud, can offer software integration to mitigate the impact of customizing challenges.

Cloud Migration Challenges and How To Overcome Them

Firstly, one has to understand that migrating to the Cloud cannot be achieved with the push of a button. It would be wise for a firm or individual planning to make their move to the Cloud to seek assistance from a team that specializes in Cloud migration from on-premise to the Cloud.

Also, do not try to migrate everything all at once or try to pull off an “all or nothing” migration. When moving to the Cloud it is better to take a sub-set approach by uploading a bit at a time.

When all data has been migrated to the Cloud, the next step would be to train staff members in using the Cloud to its full potential. It should be understood that moving to the Cloud will give rise to new processes and procedures that will differ from what was used previously in on-premise systems. In other words, one has to ensure that their firm is “Cloud-ready.”

Last but not least is planning, planning, planning. Be sure to plan what data needs to be moved across to the Cloud. This is especially true with firms that have decades of data, some of which have become “stale.” Moving stale data creates stale data in the Cloud; however, migration can be used as an opportunity to clean up obsolete databases and files.

Is Rubex by eFileCabinet Secure?

We previously mentioned how Cloud security is generally more robust than on-premise, and eFileCabinet is no different. We take security seriously and offer security measures that are above and beyond that which can be achieved by local systems.

When using Rubex by eFileCabinet, all files are heavily encrypted to ensure that data remains safe and confidential. Also, Rubex files reside on SAS 70 Type II secure servers with a variety of physical barriers and intrusion detection systems to prevent unauthorized access.

Furthermore, all files are backed up regularly at multiple geographic locations to ensure that lost data can easily be recovered in the event of a fire, theft, natural disaster, hard drive failure, etc.

Going a step further, data that resides on our online systems is protected using SSL: Secure Socket Layer encryption as an added layer of security. Rubex spares no effort in keeping sensitive information safe and secure. Find out how you can keep your files secure today by filling out the contact form provided for a free 15-minute demo.

Andreas Rivera is a technology writer with experience in both reviewing and marketing tech services and products. His areas of expertise include writing about B2B, SaaS companies and how they best address the pain points of businesses. Since early 2019, he has been the Marketing Content Writer for eFileCabinet and has become well versed in how document management software helps businesses reinvent their manual processes and spur growth. Contact him at arivera@efilecabinet.com