5 Benefits to look for in Learning Management System

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Productivity, employee engagement and satisfaction are important factors for a company’s success. There exists a constant need for employees to learn and upgrade. A LinkedIn survey revealed that 68% of employees at work like to upgrade and learn. Learning technologies have proven to increase employee retention and satisfaction along with increased productivity.

IBM’ recent research suggests that learning technologies can improve training and development. LMS- Learning Management System is one such learning technology. It’s a software used to create, manage and track training and compliance. It is the most convenient and effective technology implemented by companies around the world. 77% of US companies either have an LMS or consider to implement one. 

The LMS industry is evolving with improved technology and it has become an integral part of training and development programs. If you are considering implementing LMS to your organisation or replacing the existing LMS, here are the 5 important benefits you should look for.

5 things to look for in LMS,

1. Centralised training system 

Regardless of the size of the company, it is important to have a centralized knowledge base or training system in place. With the LMS, you can create, update and manage training modules and curriculum with ease and without the risk of losing data. Centralisation helps in a quick implementation of training and reduces cost. 

2. Tracking training 

To improve the efficiency of the training, tracking, reporting and analysis is important. It also helps to understand the employee perception and assess performance from tests, certifications and course completion. Depending on the reports, you can learn what quality of training material and format works for your employees and update accordingly. 

3. Remote Training

A LinkedIn survey suggests, 58% of employees like to learn at their own pace and convenience. Since 2014, the number of remote jobs has increased. Using an LMS, you can make use of virtual classrooms, webinars and create training programs for specific departments or franchise in a different location or even a different time zone.  

4. Employee engagement 

Employee engagement keeps the employee motivated and enthusiastic which reflects on employee satisfaction, increased productivity and reduced employee turnover. LMS helps employee collaboration by communities, forums and knowledge sharing. Gamification features with certificates and rewards has proven to increase employee participation and course completion. 

5. Reduce cost

Having an LMS system reduces the printing cost of material and the cost of mobility to attend training. An in-house training program with LMS gives you the freedom to create different courses and use them as per your need. This helps to cut down on the amount you pay training facilitators or training consultancies. 

Above mentioned are the main aspects to consider while purchasing LMS. However, it is important to carefully choose the right LMS for your company. Your decision to purchase an LMS should always include all the above benefits along with features such as advanced security, adaptability, integration, content management, analysis and reporting, customization, user interface and importantly technical support.