Abstract:

Massive Open Online Courses (MOOCs) have gained popularity in the last couple of years as they enable learners to access world class education from leading universities and colleges at a low cost or even for free. MOOCs are, therefore, expected to significantly alter the traditional modes of learning. However, these online video courses will not only impact the way education is delivered in academic institutions, but will also disrupt how corporate learning is conducted.  In fact, given the limitations and requirements of in-house training, MOOCs can be learning assets in the workplace. The objective of this paper is, thus, to explore the potential benefits of using MOOCs for corporate training and development. In this respect, it was revealed that MOOCs can allow employees to learn at their own pace and can help businesses reduce instruction time and, hence, boost productivity. Moreover, the use of these online learning resources can cut down training costs, improve employees’ retention rates and allow employers to monitor and evaluate the learning performance of their workforce. Accordingly, they should be incorporated in all corporate training initiatives.