Microlearning offers numerous advantages for today’s learners, and its integration into financial institutions’ training programs has gained prominence. It mirrors the everyday consumption of short, focused content, teaching specific topics, such as what we find on platforms like TikTok, YouTube, Facebook videos, and animated infographics.
Financial institutions often face time constraints and the challenge of prioritizing employee learning and development. Microlearning modules are tailored to modern learners, allowing them to grasp and retain crucial information when needed in a format they are familiar with.
1. Individual Empowerment: Microlearning modules enable learners to focus on skills-based training, empowering them to review regulations independently.
2. Faster Knowledge Acquisition: Bite-sized increments of information in microlearning enable quicker knowledge acquisition, enhancing customer experiences and revenue generation.
3. Engaging & Media Rich: Microlearning modules feature engaging elements such as animations, infographics, videos, and scenarios to maintain learner engagement.
4. Enhanced Retention: Focused on one objective at a time, microlearning improves comprehension and application of content.
5. Efficiency: With limited time for training, microlearning allows learners to concentrate on areas of greatest need, making the most of their available time.
6. New Hire Orientation: Microlearning can provide a quick overview for new hires, aiding in retaining basic information and understanding overall regulations.
7. Team Meetings: Microlearning modules are suitable for team meetings and huddles, facilitating quick reviews of specific regulations and prioritizing compliance.
8. Remediation: Microlearning can serve as a remediation tool for learners struggling with specific aspects of a regulation.
Incorporating microlearning into training programs is proving beneficial for both learners and financial institutions.