Develop talent and build communities at scale. NovoEd Overview - - PowerPoint PPT Presentation

Develop talent and build communities at scale.

NovoEd Overview February 2016 Greg Bybee

Introduction Challenges Solution Impact

Agenda

Experience design and training solutions Online training platform for pervasive learning

NovoEd develops talent through learning experiences.

Third-Parties Who Train Leaders Employers

NovoEd powers online learning for organizations who train leaders

Professionals Training Firms Experts Universities Companies

NovoEd powers online learning for the best

• rganizations who train leaders

NovoEd enables blending modalities to support pervasive learning

Learning Communities Corporate MOOCs Blended Training Programs & Learning Pathways

Introduction Challenges Solution Impact

Agenda

Core skills are increasingly interpersonal

Source: David Deming, Harvard University. In “Why What You Learned in Preschool Is Crucial at Work.” ˆNew York Times. 16 Oct 2015. Online.

CHANGING BEHAVIORS BASED ON AWARENESS OF SELF AND OTHERS

1. KNOWING - Theories and best practices 2. BEING - Awareness of self and others 3. DOING - Iterating to change behaviors

Developing these skills requires behavior change

But this training is costly and cannot scale.

Airfare – Average of $800 per person Hotel – 3 nights @ $200 per night $600 Catered Meals – 3 days @ $150 per day = $450 Labor – $500 per day (assuming $125k/yr) = $1,500 Transportation – $200 per person across 3 days Group Activity – $300 per person Room Rental of $2500 per day x 3 = $7500 Total Investment before a facilitator = $103,750 Facilitator = $15,000 per day x 3 = $45,000

• Total Cost Per Person: $5,800

Source: Altman, Ian (2014) How Much Does Sales Training Cost? Forbes. Online. http: //forbes.com/sites/ianaltman/2014/12/01/how-much-does-sales-training-cost/

Online learning promised a solution...

...But didn’t deliver

Introduction Challenges Solution Impact

Agenda

Online learning should feel like this.

Our solution brings the best of in-person training online, making it possible to teach interpersonal and interdisciplinary skills at scale.

NovoEd is built

• n four principles

Intuitive, Modern User Experience Activity and Experience Orientation Pervasive and Social Learning Learning Analytics and Insights

Social learning is much more than just discussions!

Communities with felt accountability Peer-to-peer feedback and coaching Collaboration on work-related projects Discussions with forums and messaging User generated content sharing with discovery

Rao & Sutton (2013) suggest felt accountability drives intrinsic motivation and engagement

Sutton and Rao discuss NovoEd and the value of felt accountability in Scaling Up Excellence.

"[NovoEd] built in numerous clever and easy- to-use social features to create a peer- powered network that would link,

• rganize, evaluate, and mentor students."

Huggy Rao Robert Sutton

Source: Rao & Sutton. Scaling Up Excellence: Getting to More Without Settling for Less. Crown Business: February 2014. http://www.amazon.com//dp/0385347022.

NovoEd drives 16x higher engagement

Completion Rate 21% 2% 44%

293

Individual with Discussions Teams Teams with Feedback Chuck Eesley, Stanford Professor, conducted this research in 2014 based on data from Technology Entrepreneurship (12/13) with 26,248 students. 50%

Figure 1. Completion Rate By Social Model

Introduction Challenges Solution Impact

Agenda

Make training your competitive advantage and drive business impact.

Stay agile with fast web authoring and delivery Track learning with robust analytics Scale to reach the entire organization. Drive impact with pervasive learning.

Employees are more engaged when they learn together

NPS

50

• 50

95%+

User Satisfaction

60+

Net Promoter Score

Source: Survey of NovoEd learners.

Our approach has been proven across a variety of content areas and delivery models

Program Comcast Exploring Leadership Stanford GSB LEAD Certificate The Ariel Group Storytelling for Change Learning Goal Course for individual contributors to identify leadership opportunities in the workplace First-ever online only Stanford certificate program, focused on corporate innovation Techniques to become a better public speaker with the ability to tell powerful stories to inspire action Key Results 300 Learners 95% completion rate xx Learners 98% weekly engagement 9,000 Learners 90% would recommend

Note: We’ve removed logos and confidential details due to our commitment to customer privacy.

gained experience in applied leadership

87%

Case Study: Comcast custom program builds a new generation of leaders

Goal: Develop next generation of leaders starting with individual contributors Context Results and Impact

“I used what I learned in this class to close the biggest deal my division has ever had..” “We found a great partner and a great platform with NovoEd.”

Success Metrics: Track total hours of training delivered, move from 15% to 40% online Context: Comcast is a $140 billion global media & telecom company; >136,000 employees

97%

recommends to a colleague cost savings over in- person training

85%

Note: We’ve removed any confidential details due to our commitment to customer privacy.

Participant Sales Manager, Western Division Eric VanDerSluis Senior Director, Talent Management

This drives real business impact.

My job was to convince the client by demonstrating our expertise, value, customer service and dedication to their business. I used many of the techniques described in the leadership course. In a meeting like that one, I needed to combine persuasion and leadership tactics. That first meeting was a success and I have since been back for follow-up discussions. I have been told to expect the signed contract this week. If they sign a contract, could be our department’s largest piece of business.

Matt Comcast Participant in “Exploring Leadership” on NovoEd

“ ”

Case Study: Global Teams to increase community and knowledge sharing at ING

Goal 1: Create standardized view of financial markets and ING process Context Course Design and Methodology Context: Restructuring across new locations to led to loss of local expertise and community Goal 2: Create a stronger sense of community within ING Operations employees join teams and share assignments across the world: NYC, Brussels, Amsterdam, Bratislava, Singapore, Manila Sample Team Assignments: Financial Product Presentation Org-wide Scavenger Hunt

Note: We’ve removed any confidential details due to our commitment to customer privacy.

Learn Together. http://novoed.com

Please feel free to contact us!

Greg Bybee VP, Learning Products & Marketing NovoEd, Inc. greg@novoed.com @gregbybee http://linkedin.com/in/gregbybee