5 significant business advantages of learning management system
Having already incorporated the limitless opportunities offered by e-learning, a learning management system takes the company further on the path to become a learning organization. A learning management system allows administering, documenting, reporting, and the delivery of the e-courses. The business advantages of a top learning management system are significant, enormous and make a meaningful impact on the productivity of the organization.
Better monitoring of progress and performance of learning initiatives
Well-designed learning programs have clear performance benchmarks to be achieved in mostly a specified duration of time. A learning management system clearly indicates the good performers thereby allowing corrective measures for the bad performers. Even appropriate disciplinary actions, motivating actions, and other types of reinforcement can be taken to ensure that the objectives are met. Instant feedback is possible, allowing reframing of courses that a majority of the learners maybe struggling through.
Makes learning omnipresent
The target audience has unlimited access to the content. People while travelling can invest time and efforts in learning by logging in through their tablets, smartphones and other portable devices thereby allowing them the opportunity to undertake a productive activity than other activities with no bottom-line. Disadvantages of classroom based learning like the characteristic that both the instructor and the learner have to be at the same place at the same time with overheads like electricity are eliminated. This will lead to better employee engagement, organization citizenship behavior, as well as reduced attrition and workplace maladies.
Diminishing attrition of knowledge
Important knowledge, skills and talents should be available at all times to train new employees or employees changing departments. Employees who are retiring have immense expertise and are assets. Learning from them and sharing their knowledge is a great opportunity. A learning management system allows that knowledge is retained and passed on to as many employees as possible.
Makes employees want to learn
Employees are in total control of the pace of their learning. If there is some topic that they are slow in understanding, they can pace it to their liking, or alternatively spend time in brushing up related topics. This power is not available in classroom based learning. By allowing employees freedom to schedule their learning, and enabling to them choose courses based on their preferences high engagement raters are a surety.
Consistency of training
Irrespective of the location of the person, or the instructor, the same training is delivered from person to person. Consistency of message is a definite. Training can be made compulsory in each and every location, irrespective of the size of the business in that location, thereby ensuring a minimum across the length and breadth of the organization.
Hence, the number of organizations adopting a learning management system are increasing at a very fast pace. It is best when a learning management system caters to the needs of the organization to the fullest.