Week 2: In Pole Position - Exploring the Drivers and Cars of the Extended Enterprise Learning Race
✌️ Welcome back✌️
Glad you're here, going down the rabbit hole of corporate learning with me.
I post this newsletter weekly on Wednesdays 15:00 pm GMT/16:00 CET/17:00 EET.
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👇 So... What are you waiting for? 👇
Week 1 recap: Extended Enterprise, the Formula 1 of Corporate Learning -
I will continue the EE race for some more weeks, before diving into a new rabbit hole of corporate learning (let me know what I should research) 🕳🐇
This week, we are in pole position, exploring the drivers/audiences that make up the EE race: customers, partners and a third category I called misc 🤔
Then, we are going under the hood of the F1 cars 🏎 and reviewing what components are needed in their cars to compete in this race.
Part one will review the drivers/audiences, while part two reveals the engine room/what functionality is needed from a learning system to build a successful program 🚀🚀
👇 Join me on week two of this newsletter, "In Pole Position"👇
The prelude:
The external audience side is vast, and in this article, I am focusing on the three audiences:
Then, we are diving into the F1 cars 🏎, seeing what makes up the engine, and what functionality is needed to run a successful external training program 🚀
Part 1 - Pole Position - let's explore the drivers:
1.1 Customer Education (CEd)
This is often the most common audience in external training, and in many ways the driving force behind the surge in external training programs (first in the US, not in Europe). It has been traditionally led by SaaS companies, but has shifted to be more prevalent in many industries. Some of the most common ones are:
CEd is used to attract and educate customers. It is a competitive differentiator and something that is highly measurable, often tied to KPIs like Net Revenue Retention, upsell, CSAT and support tickets. The audiences can be several, from the general public/evangelism play, to enable prospects in the pipeline and to current customers about the product.
1.2 Partners
These are individuals and organisations selling, servicing or supporting another organisation's products or solutions. They typically are an extension of your brand, or acting as a reseller of your product or service. Some typical partner types include: Franchises, Dealers, Resellers and Distributors.
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Typically, the business driver for partnership training is to drive revenue for your product or service from a set partner. This is usually the north star for partnership training, but partnership training can also expand your brand and attract new partners.
1.3 - Miscellaneous
Under the misc category, there could be numerous audiences listed, but the two main ones we will focus on are i). Training companies (TCs) and ii). Associations
TCs as the name suggests are companies where selling training is the core business. This can cover selling business to consumer - 1 course to 1 user (B2C), B2B - sell training to a large number of users at a business and more intricate versions too - B2B2C, B2B2B and so on.
For ACs, the e-commerce functionality and integrations are key, as it's the way you get paid for the programs. As you enter down the rabbit hole of complexity, the need for detailed e-commerce functionality and integrations follows. Sometimes, companies here will use other software like training management systems (TMS) or specialist tools for ILT management like Training Orchestra as well.
Association training will typically involve the training of members external to an organization, and can be either non-profit or for-profit focused. This can be very niche and specific, but in general focuses either on outreach related to a program (i.e volunteers - free training) or the e-commerce/profitability/revenue angle similar to training companies.
Part 2 - The Engine Room - key features to build an external training program
So we’ve seen the drivers in the race, typically stemming from a customer, partner or the misc audience variation. Let’s explore the cars, and what they have under the hood, or in other words, what is needed to drive the formula 1 race →
In my opinion, these are the key features needed for the engine room of your F1 car, your learning platform:
Preview - Week 3:
Next week, we are continuing the race and will explore "The G-Force" - how extended enterprise can help you grow your business and improve bottom line. In the current economic climate, you can't afford not to look into EE as a path for your learning team.
Sneak peak - how customer education will grow your business 👇👇
This will be a tactical guide to achieving business growth via extended enterprise learning, whether, customer, partner or other categories.
The extended enterprise race continues, as we week by week, dive into new topics 👇👇
Tom, chill out, we're only getting started ✌️Buckle up, this will be a wild ride! 👇
As always, thanks for joining me down the rabbit hole, really appreciate it! 🙏
As Max Verstappen (cover photo), give week 2 - In Pole Position, a 👍 👍
Join the race, share which topics you want me to write about next ✍️📝
From one learning nerd to another,
--Harald ✌️