
If you’re still wondering what a learning management system is and why you should have one, let’s discuss the benefits
- Cost savings
- Consistency of training
- Easily tracks learner progress and performance
- Meet regulatory compliance
Let’s discuss these benefits in more depth:
Cost savings:
An LMS, compared to conventional training, reduces cost-saving aspects. An example would be lowered costs in employee travel, accommodation, meals, facilities, and instructors.
Consistency of training:
Training and course delivery via an LMS is consistent since it is centralised. It delivers consistent training and learning quality to all employees by supplying a single source for content, course materials and instructions.
Easily tracks learner progress and performance:
An LMS allows a company to generate training reports on a comprehensive user/student level basis. Trainers can track goal progress, knowledge gains, ROI etc., by using an LMS for eLearning courses and/or online training.
Meet regulatory compliance:
Most industries are required to train, assess and report for compliance purposes. However, just a few of these industries are oil and gas, pharmaceuticals, communications, and building and construction. An LMS can help you satisfy these legal and regulatory requirements.
Generally, learning management systems have many more capabilities than these listed. However, these are the most popular selling points and the top identifiers of whether you and your organisation can benefit from an LMS.