Technology Enable Learning– We live in a dramatically evolving technological and knowledge society. In common parlance, technology is a tool; at least communication technology, to the average person, means computers, Internet, online video, mobile phones, iPhones, iPads and tablets. Oddly, this is not the dictionary definition. The standard Oxford dictionary definition of technology is “the application of scientific knowledge for practical purposes”.
At CapitalWave, it is not our place to debate the merits of the meaning but the phrase “communication technology” leaves out the learning dimension and that ultimately is what technology enabled learning is all about.
At CapitalWave we provide and support a host of Technology Enabled Learning solutions primarily to financial institutions and corporations like banks, hedge funds and insurance companies, but also to leading academic universities, helping them in delivering their financial curriculum. From business performance Apps and Video Training courses, all delivered direct to authorized users mobile, smartphone, iPad and tablets, including a number of different interactive financial simulation platforms, all designed to take advantage of the latest available technologies.
With our DNA in corporate training, we know first hand the value of using simulations to aid in the learning process. Simply having a simulation platform does not create the situational or experiential value of using simulations. The CapitalWave simulation platforms are all designed to provide powerful and realistic simulations for individual and group learning. Each platform is capable of creating specific economic outcomes that challenge and test the decision making processes of delegates and students.
Simulations allow for the ability to experiment with alternative strategies for portfolio investing, Forex trading, fixed income trading and equity trading. We never tried to ‘cram’ everything into one platform. In the real world, there are many trading platforms and all with unique and varied features. This is why we took the time to build an entire suite of simulations platforms that allow for learning and development of skills in a complex environment.
Our approach to simulation development is one of continuous improvement. Our platforms have often 3-5 updates annually. This provides us the opportunity to take the feedback from our users and integrate those features and outcomes into our products. We then release these updates to everyone for them to integrate into their existing programs.
Learn more about our simulation platforms here in the CapitalWave site.
With the advent of the MOOC learning-framework and online-video, we have gone “all-in” on this method of delivering training. Starting with 2013, we have delivered 92% of our training programs via our Digital Learning Environment (DLE). We adapted the learning-framework and applied it to the delivery of an engaging, comprehensive and cost-effective training product.
With this delivery, we were able to save our clients huge amounts. With one client, we were able to deliver a 12-week program to 300 of their north american staff without: the disruption of ‘taking them away from their desks’; eliminating the cost of accommodations and travel; providing a reliable, accountable and uniform program all simultaneously.
This new method of training delivery is a ‘game-changer’. It has successfully blended the best of instructor-led-training and online delivery. It removes the drawbacks to webinars by allowing for repeated viewing of the lectures, eliminating the need for ‘scheduling’ when a webinar is conducted. Delegates and view the lectures when it is convenient to them. They can view it on their work or home computers, their tablets or iPads and on any smartphone. This versatility in access, engagement and delivery is making existing training models obsolete.
If you have not seen or given consideration to this innovative delivery, then you may find your firm falling behind the industry leaders.