If you’re considering upgrading your company’s learning technology or introducing online learning for the first time, you might be wondering what an LMS can do for you. Alternatively, you may already be aware of the advantages of an LMS but want to present a compelling business case to your coworkers.
Many businesses will want to see the expense of implementing an LMS covered by the financial benefits it will provide.
Whatever your situation, we’re here to walk you through some of the most important benefits of having a successful LMS, as well as the business case for putting one in place.
A learning management system is a tool you need to take your staff training programs to the next level if you’ve only dabbled with it. You can quickly upload, manage, and distribute online training programs with LMS software. An LMS can help you standardize and formalize your training programs, whether your firm has seven employees or 1,000.
1. Your students can prioritize their workload with the help of an LMS
Your learners may become frustrated with offline instruction at times. There’s no way of knowing when they’ve enrolled in a course that they’ll be working on a deadline for a major project or that your most important customer will need to speak with them right away.
Instead of dropping everything to go somewhere at a given time, your learners can use an LMS to fit learning into natural lulls in their working day.
2. Remote learning is both cost-effective and practical
When it comes to remote employee training, an LMS such as D2L is a must-have tool. In the long run, online learning can save your business a lot of money and time.
Most workers want to learn on their own time and at their own pace, whether they work remotely or not. Workers have more flexibility with online learning, which results in higher course completion rates and better information retention.
Furthermore in-person, instructor-led training courses are becoming less popular, partly as a result of global events like the COVID-19 epidemic, and partly as a result of the high expenses and practical challenges connected with delivering the courses.
Organizing in-person training entails finding a trainer, arranging space, coordinating timetables, and so on. In contrast, learning management systems only need to be created once and may be used with existing and prospective employees an endless number of times.
An LMS is essential for creating an online learning program that employees can use whether they’re at work or relaxing in their garden swing.
3. An improved recruiting process
For brighter, better-prepared employees, use an LMS to standardize and strengthen your recruitment and screening process.
The consequences are high: Onboarding is your one chance to make a positive first impression and get the employer-employee relationship off to a good start.
Employees who went through a detailed, planned onboarding process are 60 percent more likely to remain working for the same company three years later. On the other hand, 20% of employees have left a firm due to a negative onboarding experience.
You may use an LMS to build courses that give employees all the information they need to rapidly and efficiently transition into their new responsibilities. To create a more orderly and tranquil first week of work and a better general attitude, you can use online training instead of traditional training.
Establishing effective online training programs will become an essential component of developing a dynamic and flexible business as we move towards a more collaborative, connected future of work. Without any of the correct LMS solutions, this is practically difficult to achieve.