Staff training is very important. But applying traditional “one-size-fits-all” methods can seem like a clumsy approach to dealing with complex and personal problems.
On top of that, you’re juggling different learning styles, busy schedules, and the constant need to prove ROI in your learning and development initiatives.
At the same time, the skills gap continues to widen.
Instead of providing more general training on these issues, you need a permanent solution, such as a learning management system (LMS).
What you will find in this article:
What is the main purpose of a learning management system (LMS)?
Most articles about learning management systems address the same tired points: they are good for online training, they help track progress, and they can focus learning material. Yawning.
While all of these are true, they barely scratch the surface of what a powerful LMS can do for your organization.
It’s no secret that proactively building employee skills will help navigate the evolving future of work. With the half-life of these elements getting shorter and shorter each year, most leaders find themselves facing an uphill, ongoing battle to “upskill and reskill.”
Sagar Goel of Boston Consulting Group discusses this very issue on our website Keep It Simple Podcast Episode, “The Key Pillars of Successful Employee Reskilling”.
Through continuous learning and retraining initiatives, you can leverage the power of… Learning management system It is to promote long-term growth, both for your employees and your organization as a whole.
Why is a learning management system (LMS) effective?
A learning management system is effective because it links the training program to the way we naturally learn and grow.
Instead of relying on outdated methods like heavy manuals and lectures, a learning management system uses engaging formats like videos, assessments, and games to enhance the learning experience. Also, a lot Artificial intelligence learning management system The platforms are designed to help with things like course creation, skills assessment, and management.
It makes employee learning easy by giving employees access to resources anytime and anywhere they want. A great advantage in today’s on-the-go work environment.
It goes beyond passive learning by adding tests and assessments that reinforce knowledge and improve retention.
Because data drives continuous improvement, a learning management system allows you to gain valuable insights into learner progress and patterns. These can help you identify areas for improvement, measure the effectiveness of your training program, and optimize your learning and development strategy for maximum impact.
The beauty of this is that it helps foster a culture of continuous learning, which is crucial in this day and age. As Joel says:(…) It is very important that you invest in your learning. I keep saying this, the most important skill today is learning agility, which is our ability to constantly unlearn, relearn, and learn new things.“
What are the benefits of a learning management system (LMS)?
There are many benefits associated with a learning management system. Let’s take a look below.
Benefits of a learning management system (LMS) for employees
LMS training programs are an investment in your workforce that unlocks a lot of benefits for your employees.
Skills development
A Learning Management System (LMS) is a powerful tool to nurture talent and drive skill development. Instead of using the carrot and stick approach, it empowers employees to take ownership of their own development.
They can delve into a treasure trove of interactive resources and modules that fit into their busy schedules.
With it, your marketing team can master the latest social media trends through a series of engaging online modules, or your developers can become coding specialists thanks to a hackathon and coding challenge hosted by the LMS.
Career advancement
76% of employees are looking for an opportunity to advance their career, and 45% would stay at work longer if the company they work for invested in learning and development.
With a learning management system, you can customize employee training based on their current skills and future goals, helping them grow in the direction that best suits the company and keeping them around longer.
For example, you have a salesperson who wants to take on a management position. Through the learning management system, they can access leadership training programs and communication skills workshops to enhance their learning experience.
The best Learning management systems It also offers a variety of ready-made courses that make online learning accessible and help learners engage at their own pace.
Increases engagement and motivation
Most employees (92%) feel that good training programs enhance their engagement at work when set up properly. A well-crafted training program goes beyond a one-size-fits-all approach and addresses each unique need.
Employees who actively invest in their learning process through a learning management system (LMS) are the ones who will thrive. The role of employers is to give them these opportunities and help them stay motivated. If you don’t, you and your employees will lose the upskilling and reskilling game.
Joel states that: “60% of companies are already retraining their workforce in some way.“That’s right. Your competitors are probably already investing in continuous employee development because they know how important it really is.
Joel adds:Investing in upskilling and reskilling is key to attracting and retaining the best talent.So, if you want to build a dream team that can handle anything, an LMS is your secret weapon.
Flexibility and accessibility
The beauty of an LMS is that it caters to everyone’s learning style, so whether your team members are visual learners, auditory learners, or hands-on doers, they’ll find something suitable. And when online learning is engaging and accessible, people actually want to do it.
Another benefit is that your team can access educational materials anytime, anywhere, on any device. This is especially important for remote controls or Hybrid workforce.
Early birds can squeeze in a unit of study before the day starts, night owls can learn after the kids are asleep, and everyone can incorporate learning into those free moments throughout the day.
Staying competitive in a challenging job market
In today’s job market, if you’re not learning, you’re falling behind. And with AI taking things to the next level, this has never been more true.
Looking to the future, Joel says, “we see…(…) Death of degree.“We are moving away from traditional learning.”(…) to more micro-credentials, modules or shorter courses that can stack up to earn you a permanent degree or degree for life.“
It is even estimated that by the time you receive your formal qualifications, “(…) Maybe 20 or 30% of your skills are redundant and frankly, that’s the challenge (…) that we all have to accept.“
Therefore, it is safe to say that employees will look for continuous learning opportunities that provide them with the skills they need to succeed in their current or future roles.
Benefits of a learning management system (LMS) for organizations
Investing in a learning management system (LMS) has many organizational benefits that ultimately propel your business to greater levels of success.
Improving employee performance
59% of employees believe that more training improves their performance. But the learning experience (again) needs to be good, not 30-year-old courses that don’t help them learn skills they can apply.
A learning management system (LMS) has everything you need to set up your online courses while keeping them entertaining and focused.
Let’s say you run a retail company, and you’re now using a learning management system (LMS) to train its sales associates in product knowledge, customer service skills, and selling techniques.
With this knowledge at their fingertips, partners are better equipped to assist customers and enhance customer satisfaction.
Reducing training costs
Not only are traditional training methods ineffective, they are also expensive. Take into account the costs of travel, accommodation and printed materials. Worse still, ineffective training is just more money wasted.
A learning management system (LMS) eliminates the need for in-person sessions with online training. No need to book expensive conference rooms, travel on training buses, or print mountains of flyers. Additionally, with a learning management system (LMS), you can easily update and reuse your training content, saving you time and money in the long run.
For example, imagine a global company using a learning management system (LMS) to onboard new employees around the world. Instead of flying everyone to a central location, they can create a consistent and engaging onboarding experience online, saving significant travel and accommodation costs.
Are you ready to reap the benefits of a learning management system (LMS)?
Everything you need (and more) with TalentLMS.
The training platform that users consistently rank #1.
Increase employee engagement
Did you know that 90% of people prefer online learning over traditional learning methods? As mentioned earlier, when you cater to people who want to learn, they will naturally want to learn more and engage better with the content.
Additionally, a learning management system (LMS) breathes new life into the learning process through interactive elements, games, and social learning opportunities.
For example, a marketing agency can use learning management systems to create a “campaign challenge,” where teams compete to develop the most creative and effective marketing strategy. Or the customer service team can use the platform to share best practices and learn from each other’s experiences in a dedicated online community.
Scalability
A learning management system (LMS) is the cornerstone of a company’s growth.
It can easily deliver consistent training materials to employees across different departments, locations, and even different time zones. Eliminate any logistical problems or scrambling to accommodate a growing team.
Imagine a technology startup that is growing rapidly. Through learning management systems, they can easily onboard new employees, provide access to role-specific training materials, and track their progress – all in one central platform.
In this sense, the LMS also becomes a key player in the technology stack of any HR team.
Long-term sustainable business growth
As we said earlier, the half-life of skills these days is shorter than ever. What your employees learned last year may already be outdated. We need to treat training as an ongoing process to keep up and grow.
In his TalentLMS blog post, Sagar Goel explains it perfectly: “Companies need to move from a “train and forget” mentality to “continuous learning.”“
Learning management systems make this continuous learning process possible by providing the infrastructure for continuous development and skill building.
The value of a learning management system (LMS).
So, what is the real value of learning management systems?
Simply put, an LMS is an investment in your employees, your organization, and its future. It is a catalyst for growth, a center for learning, and emphasizes… The importance of training employees To align with your business goals.
It’s the key to unlocking the full potential of your employees, driving innovation, and staying ahead of the growing skills gap.
If you’re ready to take your organization to the next level, it’s time to embrace the power of a learning management system (LMS).
Register for free at TalentLMS And explore one of the best learning management systems on the market.
Start your journey towards lifelong learning with a tool that offers all the benefits of a Learning Management System (LMS). And more.