What does LMS mean?
A learning management system is a software platform that facilitates and administers the training process for employee or customer education and anyone else your company would like to educate about your product.
What can learning management systems be used for?
An LMS platform offers a wide variety of functionality, including:
- Hosting learning materials
- Creating a user-friendly environment where learners can easily find the course content and learning activities they need
- Process automation with notifications to keep learners engaged and on track
- Metrics and data analytics about what’s working and who’s using what features
- A centralized place for your training team to create and update training
- Learning assessments and quizzes to gauge and reinforce learning
- Learning content formats like online courses, live webinars, interactive forums, and tutorials
When choosing a learning management system, it’s considered best practice to include your learners and subject matter experts in the selection process to find the best LMS for your company.
Benefits of using a learning management system
Aside from all the features listed above, the benefits of an LMS solution can directly impact your bottom line and business goals. It’s all a matter of choosing the right LMS provider and getting your learners to use it.
Build a growth mindset in your company
One training program challenge is getting people to sign up and take the training courses. Enrollment and course completion increase when the training is easy to access and complete. The more people who get into learning and see its value, the stronger your workforce becomes.
People with a growth mindset seek out new challenges, are self-motivated to learn new skills, are more resilient, and believe they can learn. They aren’t limited by deficiencies they believe they have or past failures. Instead, they strive to improve.
Get real data about your learners and training programs
End the questions about which courses are successful and which need improvement or replacement. Get the information straight from the LMS platform to back up training program decisions with data. In addition, the data can be used to track training success over time and determine which changes in the training achieved their business goals.
Simplify content management
Creating and improving training content can be a big job, but an LMS simplifies the process with tools that help your team create learning experiences that achieve your company’s desired result. Everything is housed in the same platform, so there’s no need to search for the SCORM or PowerPoint file when an update is needed.
Equip teams to achieve more
Make it easy for your customers to get up-to-speed on new products, product changes, and new sales techniques with learning paths, mobile device compatibility, online learning, and an effective learning environment. Break up the training material into modules so it’s easy to consume in small bites (i.e., microlearning) and keep up with it.
Make compliance training more palatable with gamification. According to a study by TalentLMS.com, employee training incorporating gamification increases the number of motivated learners from 28% to 83%. What will be the best strategy for your learners?
Improve employee and customer retention
A great way to engage and retain employees is to give them the tools and information they need to stay engaged. Train them on how to do their job and customers on how to use your products. Give both the training materials they’ll need to succeed—all in one LMS platform.
Streamlining the learner’s journey with LMS
Every learner’s journey is easier with an LMS. From onboarding new employees and customers to offering interactive product training, or showing suppliers how their products fit with others, making training content available to your whole audience has never been easier.
LMS platforms excel at automating enrollment, course completion, and evaluation. Whether it’s on-demand eLearning or giving your learners an easy place to sign up for an instructor-led course you’re offering at your office, an LMS puts all the relevant information into one spot. There’s no more searching through emails to find the sign-up link or wondering how to get more information about a training they’re interested in.
Your team can see who signed up, who attended, and how well your audience learned the content.
Leverage LMS analytics to improve business outcomes
Learning management systems are designed to serve both the learner and the behind-the-scenes training team. LMS analytics, which can include assessments learners have completed about training materials, make the training team’s job easier by providing accurate data about what is happening in the training program. These assessments are stored directly in the LMS, so the training team can access the results in the same platform where everyone learns.
Analytics within an LMS can guide improved content, skill development, and learning paths. Compare the LMS analytics to performance metrics and business outcomes to know where your training programs need to be improved and how they’re succeeding.
Skilljar offers LMS solutions for businesses
With so many options available for LMS training platforms, it can be difficult to get started. Sign up for a demo to see first-hand how our customer-focused LMS solution puts learners and training content creators first to help everyone achieve more.