Companies all across the world are increasingly opting to deliver their training online. In fact, the eLearning market has grown at such a rapid rate that it has increased by 900 percent since the turn of the century. Companies require a Learning Management System to deliver eLearning courses (LMS).
Companies utilise a Learning Management System to plan, administer, and track training for their employees, clients, and partners. Until recently, hearing the phrase "training" conjured up images of a classroom filled with students listening to a lecture. And when we think of "corporate training," we think of a major conference or a one-day workshop.
This is the traditional method of instruction. Online training is becoming increasingly popular, particularly at times when connecting online is more convenient than meeting in person. The eLearning market will continue to rise as more firms, teachers, and learners recognise the advantages of virtual training.
Learners from all around the world can interact with instructors using an LMS to conduct training online, whether in real time or through recorded sessions. Simultaneously, trainees have 24/7 access to online training materials (courses, guides, quizzes, videos, and so on).
But what exactly is an LMS, and how does it function? Continue reading to see how firms use an LMS to create their learning programmes.
What is a learning management software?
A comprehensive, end-to-end software solution for successfully administering, managing, tracking, and delivering training and learning across an entire enterprise. It's software that makes it simple for administrators to distribute content, as well as for your employees to access it, participate in threaded discussions, and complete courses. These technologies, which were created with the goal of advancing learning in mind, can also be utilised to provide compliance training and generate required reports and certifications.
What may an LMS be used for?
An LMS can be used for a variety of learning activities (like the "L" in the acronym indicates). As a result, an LMS is a vital business tool that has been adopted by both large and small businesses.
The following are a few of the most typical applications for an LMS platform:
- Train students or corporate
- assist new hires
- keep employee knowledge consistent
- train partners, colleagues or customers
- update the sales team
- train remotely
- making it convenient to educate masses at one time
Advantages of Using a Learning Management System (LMS)
The shift from traditional, off-line training to eLearning may appear difficult, but the benefits are well worth the effort. Companies gain $30 in productivity for every $1 spent on eLearning. Furthermore, having the appropriate technology in place will make the shift go more smoothly.
The following are some of the advantages of using a learning management system (LMS) for training:
1. Reduce training costs: Rather than having to schedule new events (e.g., conferences and presentations) every time you want to train staff and customers, it's more cost-effective to invest in LMS software once and utilise it for all of your training programmes.
2. Quickly update content: Your training manuals don't have to be outdated any more. You can make adjustments to your training content on the fly when everything is online. Written materials and in-person presentations are less successful because you'll have to start again every time something changes.
3. Train regardless of location: Remote workers should not miss out on training chances. You don't have to spend time and money bringing everyone into the same room, whether they work from home or from another place. Even while working from afar, virtual training can assist in the development of learning programmes.
4. Involve and motivate students: Training isn't always about learning new skills. It's sometimes a matter of familiarising yourself with company policies or comprehending compliance regulations. In those situations, training may seem unappealing. You can use your LMS to include some interaction and gamification components (e.g., quizzes, prizes, and internal competitions) to ensure that learners stay focused.
5. Learn while you're on the go: Learning programmes can cause productivity to suffer. Employees must, for example, leave their jobs on a certain day and time to attend conferences held during business hours. However, using an LMS for training allows employees to continue learning even when they're not at work. Employees can access their training courses via a mobile LMS platform while commuting or travelling for business.
6. Increase employee retention rates: Employees place a high importance on advancement in their careers. Create an online course library within your LMS to provide them the opportunity to expand their knowledge. If you provide courses that boost company knowledge and assist people obtain new abilities or grow existing skills without migrating to a different function, this might be a win-win situation.
7. Keep track of results: Measuring the success of a learning programme is time-consuming. However, an LMS relieves you of some of that load. The majority of LMS platforms generate user engagement data (e.g. how often users log in, when they finish a course, etc.). LMS reports can also be used to assess your courses based on how well students perform on follow-up assessments and assignments.
8. Foster a culture of continual learning: Because offline training programmes are difficult to organise, they are normally held once a year or as needed by the firm. However, ready-made courses, online presentations, and webinars make eLearning courses easier to offer. Training will not be a checkbox item on your to-do list or a one-time event. It will assist your staff, as well as your firm, in always improving and adapting.
Learning Management Systems are beneficial to individuals as well as businesses. They also help employees learn more effectively. Employees gain from using a corporate LMS in the following ways:
1. Free skill development: If you provide a course library, your employees will be able to learn skills that will be valuable outside of work, such as communication and empathy. Employees may not have the means or time to take this type of training on their own, so this is a wonderful way to keep them interested.
2. Knowledge that sticks: It's impossible to predict how much a learner will retain and understand following a course. In this regard, eLearning can be more effective than traditional learning. Learners can pause a video during an online course, take notes, go back to a prior lesson, or take a follow-up exam to evaluate their understanding rather than viewing a presentation and then forgetting about it.
3. Self-paced training: There is no such thing as a one-size-fits-all programme. Some people can focus on a course for an extended period of time, while others prefer shorter training sessions. Perhaps some of your employees are already familiar with a subject, while others are new to it and require more time to digest it. These various training demands and preferences are addressed in a self-paced eLearning course.
4. Learning from anywhere, at any time: Consider employees who work part-time and are required to attend a lecture on a non-working day. Or those who must quit their tasks in the middle of a busy day in order to attend a pre-arranged workshop. That is no longer the case. You may create flexible training programmes that employees can take whenever they choose with an LMS.
5. Unlimited access to training content: Learners can simply check in to the LMS and go back to a course to refresh their recollection. This is especially helpful for new employees, who frequently experience knowledge overload during their first few days on the job.
