- As a business owner, you understand the importance of having well-trained employees. Learning management systems are the ideal solution for providing motivational and engaging training.
- An LMS allows you to quickly analyze data relating to the e-learning experience of your employees and make adjustments as needed according to the data.
- An LMS can save you on costs that would otherwise be spent on printed materials and instructors, plus the lessons can be integrated into social media platforms.
As a business owner, it's easy to understand the benefits of high employee retention. Actually understanding how you can do it on a day-to-day basis is another thing.
The fact of the matter is that untrained employees are demotivated and frustrated, while well-trained employees are generally happier and capable of representing your business in a positive manner. Learning management system (LMS) platforms are a great way to provide engaging and motivating learning and development (L&D) strategies ensuring your employees are challenged and have a clear path to progress.
Benefits of an LMS system
Whether you are making a switch to online training or you are new to e-learning, you have most likely heard about learning management systems. Almost anyone who is involved with e-learning is typically using an LMS, regardless of the size of the organization, because they are developed and designed to be adapted to your business objectives.
An LMS allows you to create e-learning content, organize the content into courses, enroll students in courses, and monitor and assess their performances. Along with being a central hub for learning within a business environment, there are many benefits that come with using an LMS. Here are three benefits, in particular.
Reduced development and learning costs
Learning management systems provide you with the ability to completely eliminate instructor/teacher travel costs, printed e-learning materials and online training site subscriptions. Instead, your online learners will be able to simply do all of the training online, which means you can save a significant amount on your evolvement and learning budget. For example, you will no longer need to print out hundreds of manuals or pay an instructor, because all of the materials needed for your online learners is right in the learning management system.
Easy monitoring and assessment of employee performance and progress
There are many different LMS software options; the majority provides you with the ability to maintain the learner’s development and to ensure that they are reaching the performance goals. Most LMS systems contain analytic and broadcasting tools that allow you to locate areas of an e-learning course that may be missing as well as where it was received the best. For instance, if you discover that your online learners are struggling through a particular lesson, you can assess the subjects and make any necessary alterations.
Integrated social learning
One of the best benefits of learning management systems for e-learning is that it's easy to incorporate social learning into the e-learning procedure. LMS is already on the internet, so it's easy to integrate links to social media platforms including Twitter, Facebook, LinkedIn and forums that may be beneficial for the e-learners. Your courses can be published on social media sites, which can bring in new learners as well as provide e-learning exercises that focus on peer collaboration.
You can immediately upload your e-learning materials to the LMS and then publicize them, and your audience has unrestricted access to all of the information they need. Your learners simply log in to the portal from their tablet or smartphone, without having to wait for their next online training session to work on related tasks.
How to implement a successful learning management system
1. Use data to inform your L&D strategy.
When it comes to training and development strategies, nothing speaks more clearly and truthfully than data. Employees rank training as one of the biggest and best perks they can receive in their workplace, but this can and does change very quickly when employees are driven towards an undesired training path.
Polls, surveys, anonymous Q&As, or even a five-minute sit-down can provide a whole load of actionable data, which, in the long run, can help you save you on wasted resources pushing undesired L&D strategies.
2. Seek out learning and skills gaps.
With most LMS platforms, you can track and monitor teams, departments, and organizations filtering down to an individual. When analyzing the data from your learners and the L&D strategy, you can start to paint a picture of what areas are excelling and where there are problems. If you're seeing this in real time or able to pick it up before it goes unnoticed for too long, you could, for example, add in additional training or create face-to-face supplementary courses.
3. Personalize the experience.
You may have several departments, locations, services, and employees, which means you have a variety of L&D requirements. Employees who have to complete training that is not suitable for their role or career progression are unlikely to engage with the content or even complete it. Setting career paths via personalized training routes are the perfect way to provide your employees with relevant goals and action items, keeping them motivated and engaged.
4. Incorporate 'sticky' material.
When you provide training with an LMS, you also provide the ability to revisit the course over and over again, which comes in handy when some learners have a longer learning curve or they happen to lose their notes.
Giving your employees the chance to go back over courses and training is a great way to ensure learning materials stick, since employees are not under pressure to remember everything straight away.
5. Accommodate various learning styles.
Blended learning is not only a massive cost-saver for your business, but it also accommodates the needs of various learning styles. Some employees may take longer than others, or there may be skills/learning gaps that require face-to-face training. An effective LMS combines various styles of training from videos to quizzes as well as include other options for learning.
L&D can be a tedious and lengthy process, and it's difficult to see the initial ROI. It can be off-putting for a business owner who may not have a large number of employees. But employee retention is part of workplace culture, and culture takes time to develop – time that needs to be spent ensuring employees are happy and engaged.