How Is an LMS Effective for Corporate Training?
Come the New Year, you may find yourself wondering how to enhance training in your company.
A quick introduction to LMSs will then be timely. If you want to know what an LMS is and how to benefit from using it in your corporate training, then read this article.
What Is An LMS?
A learning management system (LMS) is an online platform where you can upload courses, assessments, videos, and many other kinds of content, enrol learners, give assignments, and track training progress – all in one place.
An LMS helps you deliver and manage training in your organization and serves as an online corporate university. Below, we’ve enlisted the six main things you can do with a proper corporate learning management system.
Streamline Corporate Training
Companies often face a lack of consistency in their training: the same training sessions can differ significantly if they’re conducted by different instructors in various cities or regions. This can affect the way your remote teams perform tasks and align with your policies. With an LMS, you can be sure that all of your departments and affiliates are on the same page and have the same learning experience in different locations and time zones.
For example, you can assign unified compliance training to everyone, set the LMS to enrol new hires into onboarding courses automatically or specify a particular set of courses for your sales department. No matter what, your learners will be able to access needed training anywhere in the world and on any device.
Track Training Results
While learners take courses and quizzes in the LMS, the system collects detailed statistics on how they perform in training. You can access these reports at any time and see the scoring, time spent, attempts made, who missed deadlines or didn’t start a course at all, etc.
Detailed LMS reports help you analyze how the training process is going and present the results of training to management inaccurate figures. You can read more here about how they track results in online learning.
Create a Company Knowledge Base
You can build a company-wide knowledge repository to store helpful docs, manuals, presentations, books, courses, and more – everything that your employees might find useful for their work or self-development – that can be accessed 24/7. When having an opportunity to learn what they want to, employees can feel more engaged and embrace training quicker.
Boost Employee Engagement
Speaking of engagement, LMSs can incorporate game elements into training easily. For example, every time an employee completes a course successfully, the LMS grants them points and badges. It can dynamically form leader boards for best learners, and make it feel like a fun game to play while racking up points and collecting badges and other rewards.
Such game elements encourage your staff to complete courses quicker, obtain higher results, and generally learn more. An LMS also can award learners with certificates of course completion, which increases their commitment to learning.
Reduce Training Costs
With online training in an LMS, there is no need to invite a trainer and book venues. Plus, training doesn’t take employees away from their work tasks – and you can replicate it anytime without additional costs.
Some LMSs come together with authoring tools in a bundle or are embedded, so you can save money on purchasing extra authoring software and create courses right on the platform. You also can save a lot by paying only for those learners who actually use your LMS during a given month. This per-active user pricing model will come in handy if you need an LMS mostly for periodic appraisals or induction courses for new hires.
Automate Tedious Tasks
Using an LMS is a surefire way to eliminate paperwork and lighten L&D workloads.
You can sync it with HR systems and enrol candidates or new hires on the needed courses immediately. Your LMS will monitor upcoming training sessions, course or assignment deadlines and notify learners promptly. The platform saves you from spending time on manual course enrollments, sending notifications, and other tedious routine work.
What do you find most important about LMSs? Have you tried them to move training online and make it more effective? Please share your thoughts in the comment section below!
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