Benefits Of A Learning Management System In Corporate Training
Growth-based organizations are investing more in corporate training and the implementation of customized Learning Management Systems (LMSs) to make employee training an automated process. A recent survey report published by Software Advice says, “Almost 96 % of stakeholders acknowledge positive effects on the ability of learners to track progress. The majority of LMS users also accept that it delivered a positive impact on employee retention, job performance, and engagement.”
Measuring the effectiveness of employee training and development is a continuous process; LMS helps to know the effectiveness and ways to improve the delivery of training.
What is a Learning Management System (LMS)?
A Learning Management System ( LMS) is a software application that can manage, regulate, track, and deliver learning. While LMSs are equipped with features that allow them to offer fully automated online training, they also support hybrid training models such as blended learning and flipped classroom approaches. They are a one-stop solution that delivers training material to learners, administers tests and assignments, tracks the learner’s progress, manages record-keeping, and offers continuous support.
How will the Learning Management System do to improve learning?
Tracking the Learning: Promoting continuous employee development and maintaining compliance are the primary focus areas for every organization. The Learning Management System helps to do this by keeping track of who took the training and how well they did it.
Prompting for Retraining: An LMS can inform you when the last training has been completed and when it must be resumed to promote continuous improvement and/or to ensure that the knowledge of the employee is up to date.
Real-Time Audit Reporting: A Learning Management System can accurately track the learner’s progress and provide detailed reports in real-time.
Learning on Demand: The LMS gives learners access to training materials 24/7 so that they can learn when they want to and revisit the courses if they feel the need to strengthen learning.
Learning Anytime, Anywhere: The growing buzz about mLearning or Mobile Learning encourages organizations to provide training on laptops, smartphones, and tablets. Device-responsive LMS will help the adoption of mLearning by providing eLearning (in the form of mobile applications, videos, and other formats) to mobile devices, paving the way for learning at any time, anywhere.
10 Benefits of LMS in Corporate Training:
1. Organizes training content in one location
LMS allows all training materials to be processed and handled in one place, i.e. the cloud server. This reduces the risk of loss of data. It enables the development of its own training material by current needs. Cloud-based LMS is stored on a remote server; therefore, any authorized member can access the requested information from anywhere at any time.
2. Freedom for unlimited access
Once you upload and publish the training content on LMS, the concerned employees have unlimited access to any part of the information irrespective of their location. Even the latest information made available can be accessed via smartphones and tablets to incorporate the learning in the ongoing task; hence, the employees don’t need to wait until the next training session to get updated about the latest developments.
3. Easily tracks learner progress and performance
Advanced LMS helps to track the progress of the learner; measurements ensure that learners benefit from the best performance. If the learner does not seem to progress as expected, he/she can use additional resources to improve their learning and thus improve their performance. The advanced LMS features like AI-based analytics and reporting tools allow the training masters to pinpoint the areas of improvement as well as the areas where the learner excels. If the majority of learners seem struggling with a particular subject, the content can be re-assessed to make necessary modifications.
4. Boost in Employee Performance
With eLearning courses available on-demand in the LMS, any immediate training needs can be met quickly and effectively, laying the foundation for performance improvement.
5. Reduced Training Costs
ROI models have shown that using an LMS and delivering eLearning courses significantly cuts down the cost of training, as opposed to organizing and conducting traditional, face-to-face training.
6. Reduces Learning and Development time
LMS reduces the time required to master a particular skill. Users can access a particular part of the information they need because the training content is easily uploaded to categories with headings and subheadings. Instead of attending a full training program, learners can click on a particular module to get the relevant details. Also, they can evaluate their level of knowledge by participating in online exams, quizzes, interactive sessions, etc.
7. Regulated Multiple Sites Deployment:
A Learning Management System facilitates the deployment of training at multiple sites by ensuring uniformity in learning and consistency in the message delivered across all locations.
8. Accelerated Compliance Training
With a Learning Management System in place, the induction of recruits is much easier, regulated, and faster. The sooner they align to your organization’s vision, mission, and goals, the sooner they will start delivering high-quality services to both, customers and the business.
9. Keeps organizations up-to-date with compliance regulations
Compliance laws are ever-changing; thus, companies need to make improvements to current procedures. The LMS is an important resource for updating training material under the updated regulations. LMS simplifies the job of making corporate learners aware of the new enforcement regulations to escape future fines.
10. Learning Aligned to the Organization’s Needs
The Learning Management System is a powerful tool that dynamically aligns the learning to your organization’s needs. Training for new initiatives such as product launches and the introduction of new processes can be rolled out quickly, effectively, and consistently, and the impact of learning can be readily measured.
Must-Have Essential Features Of Corporate Training LMS:
The success of LMS in corporate training depends on the friendliness and technical excellence of its users. Here’s a list of key features that a corporate training LMS must have to deliver as per collective expectations:
Online progress assessment
Compliance management
Single Sign-on allows the employees to use the same authentication as they do for other LMS applications.
Branding – for corporate culture strengthening
User feedback
Course development
Multimedia compatibility
Security
With all of these features, you can offer a very enjoyable user experience and maximize the impact of your training.
Our Recommended Corporate LMS: Teachr LMS
A complete learning management software- if this is what you have in your mind, Teachr seems to be the ideal choice for you. Outstanding online training opportunities, engaging quizzes, surveys, online and on-site modules-everything you need can be found here.
Teachr is a self-hosted software that gives you the freedom to access the same from anywhere. As someone with prior experience using a variety of LMS systems for training purposes, I have a good understanding of how a full-fledged LMS program would operate.
Finding the best LMS for your company is a must when you choose to employ an efficient online ROI training strategy. Teachr is one of the best LMS solutions you can find online. For more details about Teachr LMS, check out this article Teachr LMS For Advanced Corporate Training.
Source: https://elearncommunity.com/news/benefits-of-a-learning-management-system-in-corporate-training/