CEO Insights: Understanding the ROI of Virtual Instructor-led Training
What’s InsideThe streamlined approach of virtual instructor-led training (VILT) offers a considerable ROI.
These benefits are being realised as leaders choose to maintain momentum by embracing a VILT solution now rather than waiting for the clouds to part.
In the brief, CEO Insights: Understanding the ROI of Virtual Instructor-led Training, John Elsey, President and CEO of Richardson Sales Performance and SPI, discusses the three key factors driving the substantial ROI of a VILT solution.
He explains why:
- The absence of travel expenses means VILT solutions represent only two-thirds the cost of traditional in-person engagements.
- A VILT approach enables a universal selling methodology across teams as leaders redeploy travel budgets to include more sales professionals in the training.
- The accelerated pace of VILT and avoidance of travel means sales professionals can complete training in a way that minimises the opportunity cost of time out of market.