Five reasons to implement an LMS
Shaping the future of learning
Why deliver your learning via an LMS? We explore five things you’ll get out of an effective learning management system.
There are many advantages to introducing a new learning management system to your business; it will most definitely make your life easier and your learning more effective. However, convincing your bosses to purchase an LMS can be tough in the current climate; with budgets pressed and an emphasis on results.
Here are five key benefits that should help decision-makers understand the value of LMS:
Save on time and money
The use of learning management systems can save businesses hours of time when compared to traditional training methods. For example, with a customized LMS, you’ll be able to integrate new employees and assign them training courses. This will allow them the freedom to review material and move at their own pace as well as reducing the amount of one-on-one mentoring from senior management. Better still, you’ll be able to easily track their onboarding progress.
An LMS can lower a company’s bottom line by reducing corporate training expenses, allowing the simultaneous training of people studying from different geographical locations and saving on travel costs, venue rental, instructor salaries and accommodation expenses. Online training platforms allow learners to update lesson plans and documents quickly, saving on printing material costs. It also means learners will not have to leave their workplaces, which can impact a business’s productivity. elearning expenses are usually just a one-time occurrence and the long-term benefits are very cost-effective, as well as being more environmentally-friendly due to a lower carbon footprint and reduced paper waste.
Develop better communication
A learning management system is a permanently open channel of communication and facilitates collaboration between all users of the platform. It also allows complete personalization for every individual with its multi-language offering and individual user IDs so that you can offer different types of content to different types of learners. As all the training information is consolidated in one place, it means that you have complete control over the content that is issued, ensuring total consistency. This allows you to deliver cohesive messaging in each module and maintain a high standard of quality. Expanding and updating course materials is not an issue because instructors can make instant amendments to course files or launch new products and learners will see them in real time. What’s more, learners can participate remotely from anywhere with an internet connection – making flexibility one of the most important features of an LMS.
Advanced tracking and reporting
Tracking progress is essential when it comes to delivering elearning, especially if you have formal compliance requirements to meet – you will need evidence that learners have passed mandatory training and assessment modules. Luckily, reporting capabilities are at the heart of learning management systems; most offer a set of reports with different data fields and filters. Learner progress should be available in a central location, enabling you to more accurately track and review organization-wide training programs. Innovative management systems will allow the advanced personalization and download of detailed reports so that you can evaluate both individual and group progress. Also, learners can track their own progress records, which can act as a significant motivation to try new and relevant courses.
Learning management systems give you the benefit of complete overall control of automation, administration and communication with all users including content creators, trainers and learners. Instead of having your elearning content spread out over different hard drives and devices, you can store it all in one location, reducing the risk of losing important data. Everyone’s role can be managed, with easy delivery of reminders, notifications and messages. You should have access to analytics tools which will allow you to pinpoint areas of training and make improvements as necessary. You should also be able to add any new compliance standards as they are introduced, ensuring every employee is up-to-date on company policy and avoiding costly penalties.
Deliver better training
It is no surprise that the demand for technology-enabled learning solutions has increased in recent years. Learning management systems provide a fully interactive learning environment that surpasses traditional methods. LMS can support content in various formats, including text, video and audio, and use innovative ways to deliver practical and comprehensive learning including gamification, real-life-based scenarios and engaging design. Users can access online learning whenever they have time, from any device, and tailor their learning experience to their own taste, choosing relevant modules and accessing personalized guidance. They can connect and network with the ready-made online community, sharing their experience via chat platforms, live sessions and online forums. The real-time feedback helps them to gauge how well they’re doing and make improvements in a risk-free environment. What’s more, certification, leaderboards and point-scoring encourage learners to further develop their skills and competencies, meaning they are always engaged.