Purchase Solution

What is Just-in-Time (Informal) Learning

Not what you're looking for?

Ask Custom Question

Key benefits of Informal Learning are that it has a significant positive impact on the corporate culture and it contributes to the transfer of tacit knowledge which is vital to corporate performance
Informal learning is not meant to completely replace formal learning. Rather the two are blended into a composite approach that increases the return for the company's investment in employee learning.
Informal Learning Advantages
A well executed corporate Informal Learning process has a number of benefits -
 Cost savings
 Increased employee productivity
 Improved customer relationships
 Fast new product development

Attached document includes formated text, graphic and hotlinks.

Purchase this Solution

Solution Preview

WHAT IS JUST-IN-TIME (INFORMAL) LEARING AND WHAT ARE THE BENEFITS?

The Internet has become an important business tool for frontline managers all the way to C-Level managers. However, using the Internet is becoming increasingly frustrating. There is too much Fluff, Spam and clutter in the results you get.

Just take a look at some studies

 Managers spend up to two hours a day searching for information, and more than 50 percent of the information they obtain has no value to them. In addition, only half of all managers believe their companies do a good job in governing information distribution or have established adequate processes to determine what data each part of an organization needs. Accenture

 IDC estimates that an enterprise employing 1,000 knowledge workers wastes at least $2.5 to $3.5 million per year searching for nonexistent information, failing to find existing information, or recreating information that can't be found. The opportunity cost to the enterprise is even greater, with potential additional
revenue exceeding $15 million annually.

 "The major obstacle with the Internet is assimilating the vast amount of information available. Approximately half of the responses indicated frustration at too much information on the Internet and that it is hard to find just what they need. As one executive commented, "The Internet can be good but the veracity of much of the information is questionable. Content from trusted sources is more valuable to executives than random web content from unknown sources."
Bersin & Associates in their survey "How Executives Stay Informed"

The problem is that the rapid increase in information, more spam sites linked to keywords on the internet, major search engines do not have effective business search capabilities and their inability to filter out clutter and irrelevant results all lead to massive information overload. The result is wasted time and costs in the search for useful information.

I have experienced this myself when conducting my own research. My personal partial solution was to develop my own business search engine based on quality and useful resources that I reviewed ...

Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.