BOSTON--(BUSINESS WIRE)--The multinational American corporation, General Motors (GM), achieved 262% ROI addressing the need for more sophisticated training tools. The company selected Skillsoft’s solution that delivered a standardized process providing employees with the ability to maintain skillsets while receiving ongoing certifications.
Headquartered in Detroit, Michigan, GM manufactures, markets and distributes vehicles and vehicle parts worldwide. The company sought to create a more efficient e-learning program and reduce the redundancies of its various legacy solutions to address the needs of a global workforce. Four primary technical areas were identified in need of extensive certification resources and to support corporate objectives with better ROI including finance, IT, Six Sigma and project management.
“The scope and breadth of GM’s business enterprise requires a skilled labor pool and an improvement in ongoing finance and time costs associated with physical learning materials and training time spent away from the workplace, including books and travel expenses. Skillsoft built a learning model that efficiently spans all technical business lines across all business units," said Barbara Peck, analyst at Nucleus Research.
Automating processes with improved employee access means that not only are career advancement goals and certifications achieved more effectively, but personal development within the company has also improved. This deployment from Skillsoft has provided GM with better cost savings, improved IT, project management and finance manager productivity. As a sub-set of IT productivity, performance improvements within the company’s specialized Six Sigma data analysis certification program has driven faster, more precise decision making across the organization.
Nucleus Research quantified the initial and ongoing costs of software subscription fees, personnel time to implement and support the application, employee training time and consulting over a three-year period to calculate GM’s total investment in Skillsoft.
See the full report at: https://nucleusresearch.com/research/single/skillsoft-roi-case-study-general-motors/
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