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Purchasing an enterprise learning solution like Degreed, is a high-consequence decision most companies only make once every five to ten years, so how do you justify the purchase of something like Degreed to your CFO?

Here are four ways Degreed is a positive return on your investment:

1. Improves learning team productivity  

Degreed offers several tools for leader-led and automated curation. To see the complete list, visit 5 ways to curate learning with Degreed.

Degreed pathways, a curated collection of content from any source, can be built in as little as 20 minutes, or 8-12 hours for advanced competencies. This is a huge time saving when compared to the days and weeks it takes to build a custom course from scratch.

Don’t take our word for it. Tenaris uses Degreed’s curation tools and leverages subject matter experts to combine current content and add curated materials to create a broader learning experience.

And when Mastercard rolled out Skype for Business, instead of rolling out a custom course that would have taken 2 people at least a week to create, they curated a pathway in a matter of hours. If you apply this recipe to all of your generic learning needs, that gives your team a lot more time to spend creating custom content for topics that will move the needle in your business.

2. Improves end-user productivity

Content is everywhere and workers are overloaded. Continuous learning is now a requirement for today’s workforce to stay competitive, but who has the time?

We need simple, faster ways to find the content we need, when we need it. Degreed will save your employees time and energy searching for the learning they need to target their development. Degreed does this through personalized learning recommendations, and its ability to connect all the best learning experiences regardless of source or format. The best way to prove this point to your CFO is to demo Degreed’s universal search in action.

Intel’s Director of Digital Platform for Learning, Tim Quinlan, did just that. He told the audience at Degreed’s LENS a story of how he justified the purchase of Degreed to his CFO. “When she asked me how we calculate ROI for this thing, I asked her the same thing. I said, “Tell me something you’re interested in learning about.”

She said raspberry pi, a microcontroller. Tim’s response was “try to find it in our current system.” First, Intel’s CFO tried searching in the LMS, and didn’t find anything. Next, she tried searching in Google, which returned some ads and a product review. Then she tried Degreed. Degreed’s universal search returned several items, including a video introduction to Raspberry Pi from Lynda. And because Degreed offers single sign on, she could access the Lynda video with one click. The Degreed search saved her several minutes to find the learning she was interested in. Now multiply the minutes saved, by the number of searches done each week by each employee, by 100,000 people at Intel, which results in some serious time savings.

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3. Reduces IT overhead  

A special interest to the CFO, Degreed helps reduce IT overhead in several ways. Degreed offers a fast, simple implementation process in the cloud, and can reduce IT costs associated with ongoing maintenance and future learning implementations. These days, learning happens all over the place. If you’re part of a large organization you probably have at least one LMS, perhaps multiple. You likely have content from multiple content providers. You might also have Sharepoint or other custom portals to help employees find all of these resources.

Degreed can simplify all of this with one unified access point with integrations to all the learning in your organization and remove the need for custom portals.

One Degreed customer had 200 custom learning portals, which was becoming increasingly difficult for IT to manage, and cost prohibitive. By purchasing Degreed, they were able to offer employees one central location for all learning and significantly reduce IT costs. And because Degreed is a Saas solution with a simple, streamlined implementation process, it is a much easier platform to administer and maintain.

4. Streamlines vendor management

Are you spending a ton of money on content to find it only being used by a fraction of employees? Are you spending a ton of IT resources to onboard new content providers? Degreed already has integrations with most of the top content providers, streamlining the implementation hurdles of incorporating new content vendors into your organization’s learning ecosystem, while reducing the burden on your IT staff.

Degreed’s ongoing monitoring of content usage can assist you in future licensing decisions – allowing your org, and the CFO, to get the best bang for your content buck. From within Degreed, you can see analytics across all content providers (both internal and external), and you can see not only what people are taking, but also what subjects they are searching for. Now, when you go to make a content purchase or create a custom course, you are empowered to make better decisions and purchase the content that employees actually need and are using for their jobs. And you can always leverage the large selection of free and low-cost learning available in Degreed out-of-the-box.

Takeaways

These are just a few tips to help make the case with your CFO. There are a lot of other reasons to buy Degreed, including, improved employee engagement and user experience, better learning culture, more insights into learning, and a better tool for onboarding, sales enablement, leadership development, and more. If you have other tips, we’d love to hear them.

To learn more about Degreed, visit get.degreed.com/business

I’m a tagger and you should be too.

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Tags are merely labels used to identify things.

In the simplest form, tags are things like the sticker labels your grandfather used in his garage or the DIY labels your partner now organizes with. In terms of technology, many applications and software use metadata or social tags to further enhance our browsing experiences. Meta tags (short descriptions added to each web page) are used by search engines to help improve the relevance and quality of search results.

The ability to tag your experiences is now available on most websites and applications. For example, on Facebook, you tag people in your posts, as well as the location and date. This improves the search on Facebook and allows you to sort and filter posts later. The proliferation of hashtags on Twitter have helped make the site the phenomenon it is today, and you can now see hashtags used everywhere in social media, including Facebook, LinkedIn, Instagram, Google+ and Pinterest. The use of hashtags can connect conversations across social media sites.

Here are three reasons you should start making tagging a habit:

#1 – Improved User Experience – Tagging makes the application you are using smarter, which creates a better user experience for others. This means better search results and a more personalized experience.

#2 – Increasing Eminence – Tagging content is a gift to the creator, author or owner of the content. It helps further brand the subject matter and allow others to find it easier.  Creating a personal habit of tagging will also help define your areas of interest; creating eminence for you as well.

#3 – Save Time – Indexing your own content will save you time later. How many times have you looked for something that you previously consumed and just wish it was easier to find? Tagging shortcuts your search by having content indexed with more keywords to find it again later.

It takes only seconds to tag content. Depending on the application, it might be called metadata, keywords, tags, categories, labels, topics, social tags, hashtags, or something similar. Take the extra 20 seconds and make it a habit. There are no right or wrong tags. Use synonyms and similar words that could lead someone to the right content.

Don’t forget to follow the keywords and tags when applications provide this option. Tagging and following will quickly hook you into others that are giving back in this way and the quality of your findings will be immediately enhanced.

Takeaways

In case you are new to tagging, here are three easy ways to get started:

  1. Tag your photos and posts in Facebook with people, dates, and locations.
  2. Hashtag your posts everywhere in social media: Twitter, Facebook, Instagram, Linkedin, Instagram, Google+, and Pinterest.
  3. Tag all of your learning in Degreed.

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To learn more about tagging and personalization in Degreed visit get.degreed.com.

Authored by: Mike Makis and Sonja Schurig of Degreed

To start, a glimpse into my family’s daily learning ritual. 

My family has a daily learning ritual that started when my kids were very young. I was in a graduate program, so everyday, I would come home from school and tell my kids what I had learned that day. They soon anticipated this conversation and started asking me, “What did you learn at school today?”

I progressed through the program, graduated and got a job. As I sat down at the dinner table after my first day of work, my 4 year old daughter asked, “What did you learn at school today, Dad?” I told her that I didn’t go to school anymore – I now go to work. She responded, “Oh … so … what did you learn at work today?”

Her question caught me off-guard. I thought to myself, “Well, it was work, so I worked … I’m not really learning anymore, I’m producing.” But then I realized I’d learned more at my first day of work than any single day in school. I ended up sharing what I learned about being a new employee, about company culture, about my new coworkers, and about the job I would be doing.

Every day at dinner since then, my children have asked “Dad, what did you learn at work today?”

I love two things about this ritual:

  1. I pay more attention to my learning because because I know I’ll be asked about it at dinner
  2. I am able to share some good lessons with my children

Using Degreed to Supercharge your Learning

Degreed helps you record your answer to the question: “What did you learn?”

You can add a learning note when you complete an item on the site:

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Or when you complete through the Degreed browser button:

 

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When your peers add takeaways, you can see what others are learning.

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So, why take note of what you learned?

Takeaways help you learn more

Real learning is driven by questions. Reviewing is a powerful concept in learning, as is personal application. Thinking about what you learn(ed) provides space for both.

Takeaways support retention

It’s sad to me how many times I think about what I learned after I read an article and I come up blank. I have to scan the article again, extract a meaningful quote or theme. Write down something I’m going to do differently or research more. And when I see that article again in the future, I have a wonderful summary of an important insight.

Takeaways improve collaboration

When I see articles and videos with a takeaway from someone I know, it fuels my learning. I have a chance to see a trusted review of what I’m about to learn. Sometimes that is enough, and I choose to move on. Other times it makes me want to learn more, so I dig in. This isn’t just about a summary. It’s getting to the essence of learning.

So, what did you learn? Click the button below to add this article to Degreed!

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