The Basic Version
Often called an LMS, a learning management system is a software application that provides the framework that handles all aspects of the learning process – it’s where you house, deliver and track your training content. While most often called an LMS, other names may be used are a training management system, learning activity management system, or even learning experience platform (LXP).
LMS vs LCMS
A learning content management system (LCMS) sometimes gets confused with an LMS. An LCMS is software that is used to author and manage learning content. The two systems are complementary to one another but not the same.
An LMS is designed to make life easier for those in charge of training and development—e.g., such as identifying and assessing individual and organizational learning goals, tracking progress toward meeting those goals, and collecting and presenting data to supervise the learning process.
In addition to delivering content, an LMS can also handle onboarding, compliance and skills gap analysis.
Is the LMS dead? Absolutely not. With the current skills gap crisis affecting multiple industries, Millennials’ desire for continuous educational opportunities and lack of leadership skills within companies, the learning management system has a firm footing for many years to come. Choosing the correct LMS for your business can improve employee retention, increased productivity, lowered training costs and better compliance.