How Organizations Benefit from LMS
Learning management systems (LMS) are becoming mission-critical software applications that allow corporate L&D teams to package and deliver digitalized learning content to learners in an efficient, effective and compelling way.
While of course those organizations already using an LMS know how beneficial LMS can be, organizations that are new to the game often face a battle to convince decision makers of the benefits that an LMS can bring, in return for the investment. That’s why we thought it would be useful to highlight five of the chief benefits that LMS can bestow on an organization.
- Lower training costs-per-head. If L&D professionals want to win over the CEO, Finance Director and departmental budget holders, they should be able to demonstrate that LMS can impact the bottom line of the business. The good news is that studies show that LMS, (by way of it’s ability to deliver e-learning content), has reduced training costs by anything from 25% to 40% in organizations where it has replaced face-to-face learning models. LMS can in theory drive down costs and boost profits.
- Removing the admin burden. LMS, by way of it’s built in tracking system and highly automated assessment, monitoring and reporting can remove a huge amount of the admin burden associated with traditional HR processes. This can bring benefits for different stakeholders, for example, you’ll be able to deliver more training with less staff which should impact the bottom line and impress profit-center managers. But, also your L&D staff will be able to spend less time doing basic admin and more time improving the quality of learning content and enriching their jobs, increasing L&D staff engagement.
- Can automate mandatory training delivery and improve compliance. Many workers are required to receive mandatory training in areas such as: health and safety, diversity and inclusion, anti-harassment and bullying, etc. Compliance training often requires a lot of box ticking and delivering this kind of training via traditional decentralized methods can be very laborious and management intensive. An LMS can simplify what can be a complex, box-ticking process by automating: scheduling, booking, delivery, tracking and reporting of mandatory training.
- Centralized learning environment. Centralizing functions in many areas of a business can lead to efficiency gains, by removing duplication and allowing better sharing of information. It’s no different in training. An LMS will enable you to centralize your training content, resources, personal development plans, assessment and progress outcomes all in one place. It makes it much easier to see who has done what, to see which content is working and which is not, and to deliver consistent training. It will also make it much easier to produce reports and analytics, giving you 20:20 vision into training delivery, making it easier for you to target learning content to the areas where it is most needed.
- Means you can deliver bite-size learning on demand. LMS enables organizations to deliver the traditional 1 day course in a series of perhaps eight, 1 hour digital chunks over a course of a few weeks or months. This is called bite-size learning. Learners can take these e-learning courses on demand at a time to suit them on their PC or mobile device. This makes it easier for the modern, time pressurized user to fit learning into their schedules. Studies show that this form of training delivery increases both learner engagement and recall.
Share with us your experiences using an LMS and how it benefits your organizations training and try the Speexx Perfect Blend.