Organizations hire new talent continuously to achieve business growth and to make this possible at a faster rate, they need to speed up the onboarding process and other logistics. Corporate Training does make a big impact on employees’ skillset and enhances their knowledge in their respective domain. As per the LinkedIn Learning Report, 2020, 94% of employees say they would stay in a company longer if it’s invested in their learning and development needs.
Organizations have been investing in corporate training to ensure their employees can learn quickly and execute those learnings for their individual and overall organizational growth. The preferred method of delivering training has shifted more towards online training since the pandemic in 2020 Learning Management System (LMS) an effective way to manage online corporate training as it simplifies and automates the process of training, tracks evaluation of employees’ knowledge, and engages the employees in a way that traditional training could never achieve.
Impact of LMS on Corporate Training
Ability to track learner’s training progress
Who has completed how many and what kind of learning modules, which employees passed which test, how many trainings are still due, and the timelines to complete them – is quite a task to keep a track of manually. For many employees, it gets even more complicated and prone to clerical error. LMS helps in making the trainer’s job easier by automating this task and providing analytics and reporting tools. Trainers can easily see who did what in just a matter of clicks, and accordingly adjust their approach for a better and faster output.
Easy and simple content curation
Another top advantage of using an LMS is that it allows trainers to keep all training materials organized. LMS offers a structured approach to keeping all training material such as pdfs, images, videos, or any other document. This helps to reduce the risk of having multiple versions of the same content and makes it easier for trainers to regularly update the existing content. LMS also offers recommendations to the learner based on their learning behavior. Did you know 54% of employees would spend more time learning if they had specific course recommendations to help them reach their career goals (LinkedIn Learning Report, 2020)?
Ability to train more employees for lower cost
In traditional classroom training, an increase in the number of trainees demands an increase in the number of instructors and other logistics incurring cost. However, that’s not the case while using the LMS as it helps in achieving scalability by training multiple employees located at remote locations at the same time for much lower cost and hassle.
Delivering standardized training across multiple sessions
LMS helps the L&D department to ensure that all employees are on the same page in terms of workplace training regarding their specific job roles and requirements. Every employee gains the same set of knowledge as the training content accessed has been standardized. Every trainer has a different way of delivering the corporate training sessions, and if employees miss classroom sessions this means they missed an important part of their training module. However, LMS eliminates these challenges as it’s accessible from anywhere and training content with LMS is standardized & consistent.
Anytime, anywhere learning
LMS gives more power to learners and lets them choose how, where, and when they learn. The employees are more comfortable going through a training course at their own pace, hence employees pass the course with better results, and often at a faster rate.
Improvement in employee engagement
When employees feel that they have no say over their learning process, they don’t get very excited about attending any corporate training course. And when they attend lengthy presentations full of information, their engagement rates drop considerably resulting in reduced retention. LMS helps employees with social learning and gamification to make the overall learning experience more engaging.
Organizations are putting a lot of effort into taking care of the learning & development needs of their employees. LMS plays an important role in delivering corporate training at each organizational level in various sectors. We at G-Cube offer LMS solutions with a bundle of features such as user management, performance-based learning, alerts & notifications capabilities, and support personalized training. Contact us to know more about our LMS product and its features.