To develop a Virtual Reality Training POC, start by identifying the problem your organization wants to solve and gather data to show the potential impact. Consider the common reasons companies adopt VR training from the list provided and determine which best fits the gaps or opportunities at your company.
Once you have the qualitative and quantitative evidence of the problem you want VR training to solve and the proof from research studies and the experience of other companies to show that VR training can indeed solve it.
Here’s a step-by-step guide to building your case to get executive buy-in
1. Identify the Problem:
Start by identifying the problem your organization wants to solve and gather data to show the potential impact. Consider the common reasons companies adopt VR training, such as reducing training time, improving retention rates, and enhancing employee engagement, and determine which best fits the gaps or opportunities at your company.
2. Gather Qualitative and Quantitative Evidence:
Once you have identified the problem, gather qualitative and quantitative evidence from research studies and the experiences of other companies to show that VR training can indeed solve it. This data will be instrumental in building a strong case for VR training implementation within your organization.
3. Initial Pilot or Rollout:
To build a compelling case for virtual reality training, consider starting with an initial pilot or rollout that outlines the details of the testing groups, timing, and metrics to track. This pilot program will provide insights into the effectiveness of VR training and help identify any necessary adjustments.
4. Expansion Plan:
There are a couple of approaches to consider when expanding your VR training program. One option is to collaborate with a particular group, such as a department or region, and gradually introduce various training content to that group, demonstrating the highest impact on a smaller scale. Alternatively, you can focus on a specific training module and implement it across the entire company, targeting all relevant employees and gradually adding more content. Both approaches are viable. To determine which approach is best suited for your needs, consider the problem you aim to address and whether it’s a company-wide or job function/department-specific issue. Once you’ve determined your approach, you can develop a realistic timeline based on existing training frequency.
5. Key Metrics to Track:
Identify key metrics to track, including training scores, time to train, user feedback, and cost, and determine how they align with the problem you are trying to solve. These metrics will help demonstrate the effectiveness of the VR training program and support your case for its implementation.
InfiVR consultants can provide extensive documentation and support to assist in effectively measuring and tracking the success of the VR training program. Our experienced experts have years of experience in guiding organizations and can provide valuable pointers on identifying key metrics to track. These metrics may include training scores, time to train, user feedback, and cost. By aligning these metrics with the specific problem you are addressing, we can help you demonstrate the effectiveness of the VR training program and make a strong case for its implementation.
6. Proof that VR Training Works:
Most executives want evidence that the VR training has worked for others to raise their confidence that it will work at your company. Use evidence from relevant research and case studies to show them that VR training works. Highlight success stories and quantifiable results from organizations that have implemented VR training to tackle similar problems.
7. VR Cost Estimate:
Provide a cost estimate that includes the cost of headsets, content, and software deployment. This estimate should also account for any necessary hardware upgrades or additional resources needed for a successful implementation. Break down the costs by category and provide a comparison to traditional training methods to emphasize potential cost savings.
8. Return on Investment (ROI) Analysis:
Finally, present a simple ROI analysis to demonstrate the potential cost savings from implementing VR training. Suppose VR training can effectively tackle a pressing business issue, such as expenses associated with lawsuits or a shortage of skilled labor. In that case, it’s recommended to include those costs in the ROI analysis. While complete eradication of such costs cannot be guaranteed, they are typically significant when compared to the investment in VR, and any reduction, no matter how small, can lead to a considerable ROI.
9. Create a Document or Presentation:
Once you have a comprehensive plan, create a document or presentation to share with business leaders to gain their support. This document should include a summary of the problem, the evidence supporting VR training as a solution, and the proposed pilot or rollout plan.
Explore more about Virtual Reality Training with InfiVR:
At InfiVR, we redefine industrial training with virtual reality simulation and immersive 3D gamification experience. Furthermore, InfiVR is proud partners to many Fortune 500 companies, and we’re here to transform your next-generation training visions into reality. Let’s collaborate to elevate your business by training! If you want to know more, get in touch with our consultation experts at hello@InfiVR.com.