Corporate Personal Learning Platform

corporate e-learning ventures

Reflections

without comments

SWOT Analysis

My reflections on this venture proposal are summarized in the following SWOT Analysis

STRENGTHS

WEAKNESSES

  •  Demonstrates conceptually the ability to automate access and updates to digital learning assets
  • Modular and scaleable
  • Demonstrates innovation by leveraging the success of the Internet folksonomy concept to apply to an existing business problem of metadata management
  • Exposes metadata to the right people at the right time
  • Low cost solution to creating and maintaining personalized training content
  • Needs to consider potential challenges arising from the need to change corporate culture e.g. new business process for metadata management
  • Complex solution with multiple components may be a barrier to entry for some clients
  • Source applications vary widely across corporations which may translate to a long time to market for a packaged software solution
  • Only one generic approach is defined but may need modifications to fit diverse organization structures and budgets

OPPORTUNITIES

THREATS

  • New services can be provided to leverage existing corporate technology investments
  • Existing products can be integrated for product based assessments to provide efficient performance reviews
  • Modular approach to design will result in lower start-up costs
  • Focus on management and supervisory level programs first. According to Bersin & Assoc. (2008), 21% of training dollars go to leadership training
  • Potential to partner with personalized training vendors who specialize in instructional design or e-learning strategy
  • Companies may prefer status quo and slower moving solutions
  • Companies may go completely to Wikis for content development and management or some other approach for managing business metadata
  • Solution crosses disciplines so it may be challenging to find a single sponsor for the venture
  • Solution involves middleware which may be difficult to sell unless it is packaged with a specific training project to provide a prototype to visualize business value

 

Written by Julie S

November 16th, 2011 at 10:58 pm

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