Vidyarjan Nugget # 27

Everyone agrees that training is necessary in business organizations. Many large organizations employ Learning and Development (L&D) professionals in their training department to impart training programs to their all employees. While nobody denies the need of such training programs, many wonder whether these training programs deliver any value to the business organizations.

While training feedback form is a typical way by which effectiveness of a training program is measured, a more rigorous approach is needed to measure the value of training programs. One of the most influential model for evaluation of training programs is the Kirkpatrick Model, developed by Dr Donald Kirkpatrick as the subject of his Ph.D. dissertation in 1954. The model proposed four levels of training evaluation viz. Reaction, Learning, Behavior, and Result. This model was subsequently refined over a period of time and has evolved into The New World Kirkpatrick Model.

Son and daughter-in-law of Dr Donald Kirkpatrick set up Kirkpatrick Partners in year 2008 to provide training and consulting based on this model. Their website provide details of the model and the advice on how to use the model. The website’s “Our Philosophy” section explains the model in sufficient depth. You can access the additional resources such as white papers, articles, forms, videos, etc. by registering at the site for free.

The link to this learning resource is http://bit.ly/vnl0027.

Happy Learning!

Vidyarjan Nugget # 26

Artificial intelligence has been around for decades. It is now getting attention in mainstream press due to its real-life business applications and also because of fear of job losses. There are many learning resources available that can help you understand what is artificial intelligence with enough technical details. But there are not many resources available for explaining AI to non-technical business executives.

If you wish to understand AI in sufficient depth and want to know how it can be used in business then we would recommend you a MOOC, titled “AI for Everyone”. This MOOC is taught by Andrew Ng, whose “Machine Learning” MOOC is very popular and is a top-ranked MOOC. While Machine Learning MOOC is quite technical, Andrew Ng has come up with AI for Everyone MOOC, specifically for non-technical business executives.

This course is four weeks long with 35 videos and four quizzes. If you are interested in knowing what is AI then the videos from first week are good enough. If you want to use AI in your company then you should continue with second and third week. The contents of fourth week are focused on implications of AI in society at large.

The only shortcoming of this MOOC is that it focuses only on machine learning and deep learning and ignores other AI technologies such as case based reasoning and rule-based engines. It may be justified because the current focus on AI is indeed on machine learning and deep learning.

The link to this learning resource is http://bit.ly/vnl0026.

Happy Learning!

Vidyarjan Nugget # 25

We are all pressed for time. Even though we want to read bestseller books, we do not find enough time to read those entire books. Sensing it as an opportunity, a Brazil-based startup offers a website and a mobile app to read summaries of primarily non-fiction books. Its free plan offers one microbook per day. Its paid plan offers more microbooks per day for reading and for listening!

The company claims that its team of experts writes original summaries that cover the most important ideas and concepts from the book. We have read some of the microbooks on the app and found them quite good. As of now, the collection of microbooks is not vast but contains really good picks. We would recommend to try out its app.

The link to this learning resource is http://bit.ly/vnl0025.

Happy Learning!

Vidyarjan Nugget # 24

Our country has got a large unorganized sector, also called as informal sector. As no management graduates or consultants work in this sector, we may think that this sector must be poorly managed.

Captain Raghu Raman thinks otherwise. In a 32-minute talk, he has spoken at length about the management lessons corporate India can learn from informal sector of India. He has examined the minutest of details of the streets of India and shattered generally held myths against this sector.

Captain Raghu Raman spent eleven years as an officer in the Indian Armed Forces , followed by another eleven years in the corporate sector before joining the Government as CEO of the National Intelligence Grid. He is a great orator hence you will find his talk both informative and fascinating.

The link to this learning resource is http://bit.ly/vnl0024.

Happy Learning!

Vidyarjan Nugget # 23

Mind Tools provides a rich repository of high-quality, practical, on-demand resources that can help one to become an effective and inspirational manager and leader. It offers articles, podcasts, videos, infographics, quizzes, etc. The skill areas include leadership, strategy, problem solving, decision making, project management, time management, creativity, communication skills, etc. We have used these resources extensively and can vouch for the quality.

The site boasts of helping more than 24 million learners per year. It has over 150,000 paid members and more than half a million subscribers to its free email newsletter. Its android mobile app has been installed on more than one lac mobiles.

The link to this learning resource is http://bit.ly/vnl0023.

Happy Learning!

Vidyarjan Nugget # 22

If you wish to take only one online course to learn about how to start your own venture, we would recommend you the Udacity course titled “How to Build a Startup”.

This free course is taught by Steve Blank, who is recognized for developing the Customer Development method that launched the Lean Startup movement. Lean Startup movement recognizes that startups are not smaller versions of large companies, but require their own set of processes and tools to be successful. This course introduces many concepts that will be useful for every entrepreneur.

Our key takeaway from this course is the definition of a startup. Steve Blank defines startup as a temporary organization designed to search for a repeatable and scalable business model.

The link to this learning resource is http://bit.ly/vnl0022.

Happy Learning!

Vidyarjan Nugget # 21

Is there any science to entrepreneurship? Society for Effectual Action (SEA) thinks so. Housed within the Batten Institute at the Darden Graduate School of Business at University of Virginia, USA, SEA has set up a web site, which provides resources for learning and teaching effectuation.

Effectuation is a logic of thinking used by expert entrepreneurs to build successful ventures. Discovered by Dr Saras D. Sarasvathy through scientific research, effectuation consists of a unique world view and 4 principles. These 5 elements are core to using the “effectual cycle” as a venture develops. Whether you are thinking of setting up a new venture or have launched a number of ventures, you will find these resources fascinating and useful.

The link to this learning resource is http://bit.ly/vnl0021.

Happy Learning!

Vidyarjan Nugget # 20

We all love dictionaries. However, instead of using thick paperback dictionaries, we now use online dictionaries. The only challenge with online dictionaries is that we must be connected online to use these dictionaries. This is no longer a problem for most of us. Still you may like to use WordWeb, which is an offline English dictionary and thesaurus.

Once installed, the WordWeb Windows program enables one-click lookup in any other Windows program. Its free version is fully functional and has been downloaded for more than 10 million times. Its paid version adds full audio and many additional features, Its mobile apps are available for Android, iOS and Windows platforms.

The link to this learning resource is http://bit.ly/vnl0020.

Happy Learning!

Vidyarjan Nugget # 19

Digital marketing is becoming a career of choice for many graduates and MBAs. There is a lot of free content available to learn about digital marketing. But a structured course would always help. From this perspective, we like to recommend a free course from Google for learning digital marketing.

Fundamentals of Digital Marketing is a certificate course, which is specifically designed for the Indian context. It contains theory and case studies of many businesses from India. It is a beginner level course. Its 26 modules can be covered in around 40 hours. It contains video tutorials and short quizzes. Its final exam consists of 40 questions. Upon passing this exam, one can earn the Google Digital Unlocked certificate, which can be downloaded as a PDF copy. The course site claims that more three lac students have earned this certification.

The link to this learning resource is http://bit.ly/vnl0019.

Happy Learning!

Vidyarjan Nugget # 18

MIT Sloan Management Review, popularly known as MIT SMR, is a research-based magazine for business executives. Published at the Massachusetts Institute of Technology, Boston, USA, this magazine is published in print on quarterly while its online version gets updated daily. It publishes articles in sections such as data & analytics, innovation, leadership, marketing, operations, strategy and sustainability. It also publishes articles on topics such as AI & business strategy, digital leadership, etc.

While there is a subscription fee of around Rs. 5000 for accessing all online content, with free registration on its site you can get 3 free articles per month, commenting privileges, e-bulletins on new research, etc. It seems MIR SMR also offers free access to its entire content for limited time to its registered members. For example, one of us have received the email stating that MIT SMR is offering free access to all its content from 5 to 7 March 2019.

The link to this learning resource is http://bit.ly/vnl0018.

Happy Learning!