Coaching can be expensive so these companies turned to tech for training

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Firms are turning to virtual reality platforms to coach staff over classroom learning.

The agency spent around £23,000 coaching seven staff via a series of videos on how to make Facebook ads more efficient, as well as on a program to help grow the agency itself. While Pink Leopard owner Laura Hanlon said it's too early to estimate return on investment as staff are still going through its training, there have been "huge improvements."

Virtual coaching looks set to take off. San Francisco-based firm BetterUp believes that technology can be used to train people at scale and in September announced the acquisition of software firm Motive, which analyzes data from conversations to work out how employees are feeling. It also uses an algorithm to recommend what coaching an employee might need with its IdentifyAI product. The firm claims to be "," and is now valued at $4.7 billion after an October raise.

"I come from India, where traditionally there's been a distrust of anything to do with coaching [or] therapy … things are changing [but] that's sort of a cultural baggage that I've had," he told CNBC by video call.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Online virtual training by the so-called technology companies have produced the worst experiences. Why? The humans who wrote code for the programming aren’t teachers. Sorry humankind but reading and understanding the fundamentals are still number one

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top U.S. VC Firms Are Struggling to Find the Right Staff in EuropeThere’s no shortage of European start-ups for U.S. venture capitalists to back but there’s a lack of staff for them to hire, industry sources told CNBC.
Source: nbcchicago - 🏆 545. / 51 Read more »

CES 2022: More firms cancel in-person appearancesThe major consumer technology trade show continues to suffer fallout from the spread of Omicron.
Source: bbchealth - 🏆 143. / 63 Read more »

Explainer: The 'VIE' structure helping Chinese firms float abroadThe China Securities Regulatory Commission (CSRC) said last Friday that companies operating with a so-called variable interest entity (VIE) structure seeking to list abroad will need approval from the watchdog before the deal goes ahead.
Source: Reuters - 🏆 2. / 97 Read more »

John Madden, Excitable Coach Turned Entertaining NFL Broadcaster, Dies at 85The only man to call the Super Bowl for four networks, he also developed a multibillion-dollar video game franchise and starred in Miller Lite commercials.
Source: THR - 🏆 411. / 53 Read more »

John Madden, Hall of Fame football coach and broadcaster, dies at 85John Madden, the Hall of Fame NFL coach turned broadcaster, died this morning at age 85: F
Source: adndotcom - 🏆 293. / 63 Read more »

Ferrari Enters the NFT Universe by Partnering With Swiss Blockchain DeveloperFerrari inked a deal with the Swiss tech company - Vellas - to create non-fungible tokens for the Scuderia fans.
Source: Crypto_Potato - 🏆 568. / 51 Read more »