{"id":11222,"date":"2023-11-22T13:01:08","date_gmt":"2023-11-22T11:01:08","guid":{"rendered":"https:\/\/web.workseed.fi\/?p=11222"},"modified":"2026-03-05T08:34:38","modified_gmt":"2026-03-05T06:34:38","slug":"survive-a-bear-market-with-digital-learning","status":"publish","type":"post","link":"https:\/\/web.workseed.fi\/en\/blog\/2023\/11\/22\/survive-a-bear-market-with-digital-learning\/","title":{"rendered":"Survive a bear market with digital learning"},"content":{"rendered":"\t\t
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In difficult market situations where profit warnings from large cap companies, massive lay-offs and general uncertainty abound, it is easy to lose one\u2019s cool. Future may look bleak and optimism is in short supply.\u00a0<\/span><\/p>

But there is a silver lining. Or more precisely, an opportunity to make the most of the uncertainty with just the right tools.\u00a0<\/span><\/p>

In this article we will discuss how human resources and upskilling staff in particular is affected by market uncertainty – and how digital learning can become a part of a company\u2019s survival strategy.\u00a0
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Budget constraints are here – don\u2019t save money in the wrong place\u00a0<\/b><\/h2>

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When sales targets prove to be elusive, companies naturally cut costs to keep their balance in order. Human resources and training tend to be perceived as low-priority areas, and are likely to be axed first.\u00a0<\/span><\/p>

Short-term cost savings in training may have unfortunate downstream effects in companies that rely heavily on the input of humans (and let\u2019s be honest – which organization doesn\u2019t?)\u00a0<\/span><\/p>

During uncertain times employees are likely struggling with emotional security and stress to begin with. HR-problems are likely to compound.\u00a0<\/span><\/p>

How will we survive increasing prices?<\/span><\/i><\/p>

How will I take care of groceries and bills this month?<\/span><\/i><\/p>

What if my employment is terminated?<\/span><\/i><\/p>

Chances are, this is exactly what your employees are thinking right now.\u00a0<\/span><\/p>

When training and upskilling initiatives are reduced, employee welfare is hardly soaring. Unhappy employee is an unproductive employee. Decreased worker motivation is likely to impact the entire organization negatively on a plethora of metrics. Surely not what you had in mind.\u00a0<\/span><\/p>

At the same time, many industries suffer from chronic lack of employees with just the right skill set. This is not a good time to lose key people – particularly if they migrate to your competitors.\u00a0<\/span><\/p>

So how could you cut costs smarter? Less money needs to be spent on employees, without making compromises in terms of productivity and motivation. At the same time, overall business should remain lucrative in the long term.\u00a0\u00a0<\/span><\/p>

Not an easy balancing act, we admit.\u00a0
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Challenges of upskilling the old way<\/b><\/h2>

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When employees\u2019 time is in short order, budget constraints are felt more, and organizations have a more global reach, on-the-job training and upskilling must evolve. Training must be agile and adaptive like never before.\u00a0<\/span><\/p>

This is where e-training comes into the picture. Digital learning constitutes a flexible and often cost-effective way to provide employees development opportunities. Digital learning has a strong user case for instance in new employee training, safety training, and sales or product training. These are all subjects suitable for time and location independent learning.\u00a0<\/span><\/p>

Technological advances of the last few years make digital learning more accessible than ever. They constitute also a reasonable way to recession-proof your training program.\u00a0 Digital learning provides:<\/span><\/p>