LMSs for Organizations
by Logan Smith
Learning Management Systems are quickly becoming a common fixture in not only learning institutions but also mid to large-sized businesses. After all, a good LMS not only facilitates easy online learning but can track and measure your staffs’ skills and goals. Sometimes smaller companies don’t have a need for an LMS and have found similar tools to meet their needs. If your organization is questioning whether or not they need an LMS, there are a couple key questions to ask yourself.
What is your training return on investment?
This is a very important question to ask, since businesses must always keep profits in mind. While corporate training has hundreds of intangible benefits, sometimes the financial benefits aren’t as strong. The financial benefits of training include employee retention and the avoidance of costly mistakes. For large companies, training with an LMS is an obvious solution but for smaller companies with under 200 people, it’s hard to justify the expense of an LMS.
Who will our organization be delivering training and education to?
If you plan on training your own staff then an LMS might be exactly what you need. If you goal, however, is to train people outside of your organization then an LMS may not be able to fulfill those goals. There will be extensive overhead and you will have more features than you need.
What kind of employees do you plan on training?
If you plan on educating and training employees on a career path, an LMS is a great tool. It can track their progress, keep up to date records for them and even set reminders and reports for their certification and licensure exams. An LMS will also organize this information, leaving managers and administrators more time to focus on more important information. If your intention is to train seasonal or contract employees, you may not need an LMS. Web based learning is a great tool for any employee, but the tracking and monitoring of an LMS will be lost on one-time only trainees.
Do I want to track my employee’s performance?
An LMS is a great tool for tracking your employees’ progress, which can be very important for some companies. Large projects and training times can be overwhelming for new employees. An LMS can help you track your employee’s progress on courses they’ve completed, courses they’ve begun and how often they are accessing their training classes. While many companies can benefit from this feature, companies with ”Leadership Programs”that employ a large pool of entry-level employees or interns could really benefit from this.