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The global revenue of the pharmaceutical industry is expected to triple in size worldwide over the next decade. In light of the growing trend of remote work, the need for eLearning tools, such as Learning Management Systems (LMS) designed for the pharmaceutical industry, becomes increasingly important. These tools play a vital role in supporting the expansion efforts of large, medium, and small pharmaceutical companies by offering cost-effective training solutions and enabling continuous education certification programs.
In the pharmaceutical industry, eLearning serves several important applications:
Compliance Training: Due to the highly regulated nature of the industry, compliance training is vital for individuals across various roles, from manufacturing to quality control, process management, and sales. Regulations and laws differ between countries, and eLearning can facilitate country-specific training to ensure compliance. As the pharmaceutical industry carries significant risks and potential litigation, comprehensive compliance training plays a crucial role in upholding safety and people's well-being.
New Employee Onboarding: With the industry's continuous expansion, the hiring and training of new employees are essential to maintain growth. This includes educating new hires on disease states, product knowledge, and processes. Notably, during the COVID-19 era, multinational pharmaceutical companies faced travel restrictions, making remote onboarding necessary. eLearning has proven invaluable in training new employees across multiple countries and continents, enabling seamless onboarding despite physical limitations.
Ongoing Job Training, Upskilling, and Competency Building: Continuous learning is vital for pharmaceutical companies to ensure their workforce remains up to date with the latest industry knowledge and skills. eLearning modules facilitate efficient and consistent training, keeping employees informed about evolving technologies and developments. Regular training is especially critical in the dynamic healthcare industry, where updates and advancements occur rapidly.
Product Training: Rapid innovation, emerging treatment methods, advancements in healthcare technology, and aging populations worldwide have compelled pharmaceutical companies to develop new products. Consequently, product training has become more crucial than ever. eLearning enables timely rollouts of product training, ensuring preparedness before product approval by regulatory authorities in the US and Europe. Subsequently, it facilitates swift product launches across multiple geographies, shortening the overall training cycle. Pharma companies combine eLearning with other blended learning options to optimize training effectiveness.
Sales Training: In the pharmaceutical industry, it is crucial to provide training for sales representatives who engage with the entire healthcare ecosystem. This training ensures that sales reps are knowledgeable about the key benefits offered by their company.
By leveraging eLearning, sales teams can access on-demand and tailored training modules that are easily updatable and distributable. This allows for improved reach, faster delivery, and the maintenance of standardization, leading to consistent and effective training across the organization.
Utilizing eLearning and digital learning solutions can empower the partner network to stay well-informed about the company's products and their associated benefits. This approach plays a critical role in expanding the reach of the company's products and ensuring the broader healthcare ecosystem is well-educated and equipped to provide the best care possible.
By leveraging eLearning, the pharmaceutical industry maximizes knowledge transfer, complies with regulations, enhances employee skills, and effectively brings new products to market.
The use of a Learning Management System (LMS) in the pharmaceutical industry offers several benefits. One advantage of an LMS is its mobile-friendly training delivery, allowing employees to access content on various devices such as laptops, smartphones, and tablets. This device-independent approach ensures that training courses are accessible to all employees, ultimately contributing to the competitiveness of pharmaceutical companies.
Another critical feature of an LMS for the pharmaceutical industry is automated audit trails. Compliance reporting is essential for pharmaceutical companies to adhere to HIPAA and FDA regulations. By providing continuous management and automatic tracking of audit trails, an LMS helps reduce the risk of compliance failures.
Furthermore, an LMS assists in keeping training courses up to date. By regularly updating training materials to adapt to changing industry regulations and product monographs, pharmaceutical companies can save time and effort, reduce security risks, and ensure quicker adoption of training content.
Additionally, a centralized LMS enables the automation of pharma training and certification programs. It manages and tracks certifications, sets expiration dates, and sends automatic reminders for recurring training sessions. This automation streamlines the certification process and helps maintain compliance with industry standards.
Lastly, an LMS simplifies product training for pharmaceutical sales representatives. It delivers bite-sized content accessible on multiple mobile devices, empowering sales professionals with easy access to information anywhere and at any time.
Overall, the use of an LMS in the pharmaceutical industry provides numerous informative advantages, ranging from mobile-friendly training and automated audit trails to up-to-date training courses, certification program automation, and scalable sales training.
Bonus Tip: Make learning fun by pairing your LMS with point-earning opportunities that can be redeemed for rewards in an integrated recognition platform.
Online training plays a pivotal role in driving the growth of the pharmaceutical industry. Currently, a majority of pharma companies opt for Learning Management Systems due to their unparalleled flexibility and numerous features. These digital learning platforms are extensively utilized by pharma companies to support external partners, supply chains, and frontline employees.
Furthermore, pharmaceutical companies can optimize their compliance training processes by leveraging suitable tools and technology. By investing in a learning management system, pharma companies not only save costs but also gain a competitive edge in their respective markets.