Online banking development

What You Should Know About Learning Management Systems

June 18, 2021

Tags: Technologies

management

 

Feeling like your employees can go a bit further but aren't sure how to help them? A Learning Management System (LMS) is your best bet.

 

Commonly known as LMS, it's an eLearning solution that serves its purpose as an online training strategy for organizations looking to implement a more approachable learning culture inside their community. An LMS can put together all training information directed to different groups within your organization, offering learning paths, tests and courses with unified learning standards. Organizations of all sizes and industries can benefit from this system to boost employee development while reducing costs, boosting collaboration and improving loyalty, motivation and skills.

 

Each LMS solution has two types of users: those looking to learn and those who depend on the LMS to distribute information to learners. Learning platforms like these will benefit organizations based on how they choose to implement them and what goals they're striving for. Courses inside an LMS can be designed to support employee development and growth, thus increasing employee retention and making the onboarding process standard and simple.

 

Alternatives

 

Learning Management systems can be:

 

  • Cloud-hosted. There's no need to download or install the software. This is good for organizations looking for a fast implementation of an LMS.
  • Self-hosted.It requires to be downloaded or installed from a software CD. These become pricey due to having to pay for updates, but allows more creative control.
  • Desktop or mobile application.It can be installed on various desktop and mobile devices and makes it easy for teams to collaborate and work on the go.

 

Its advantages

 

  • Improved resource allocation Managers can better experience allocating resources for tasks since they can now base off what information each resource handles.
  • Personalized training Learners can enjoy a completely personalized learning experience thanks to the system's customization capacities. Content managers can specify learning paths, and employees can target training based on their needs.
  • Visual representation There's an increased visualization of the progress of each employee in their learning. Managers have access to metrics like learner engagement and assessment results.
  • Track and report LMS solutions can turn all data tracked into reports that help better grasp the solution’s effectiveness.

 

Some final words

 

The global eLearning market was expected to reach $31 billion by the end of 2020, so it is clear to see the growing importance of this industry. Businesses willing to take their employee experience to the next level should consider working with LMS solutions to jumpstart their training opportunities and build an overall more skilled and engaged workforce. At Rootstack, we can help you implement Learning Management Systems working with A+ technology teams. Let’s talk!

 

We recommend you on video