Corporate LMS: How It Drives Business Success

How to cut training costs, automate HR processes, reduce employee turnover and more? Read here how to overcome these roadblocks by implementing corporate LMS to your business processes.

Since numerous organizations accept the necessity and demand for continuous learning these days, learning management systems are becoming common at workplaces. Let’s look at what a corporate LMS is and how your business can benefit from it.

What is a corporate LMS?

LMS is a software that helps to manage onboarding processes, career training and skill development. Implementation of a corporate LMS enables employees and C-level management team to meet specific e-learning needs. Moreover, LMS is a repository of learning materials — video lessons, lectures, presentations, books, and courses. It can be accessed from any device.

Top corporate LMS solutions deliver online courses and other learning materials (video lessons, lectures, presentations, books) to your employees. It helps to onboard new employees, then give them the knowledge and skill development tools required to perform their roles and, ultimately, advance faster in their careers.

What functionality an LMS includes

Every LMS has its own unique set of features. This is what distinguishes each product. Simultaneously, there is a specific employees’ expertise standard set of features and settings that are most common and present in almost any LMS. Let’s take a look at some basic features:

1. User and Role Management

You can assign different roles to users.

2. Content management

Providing employees with information which is already structured increases the speed and efficiency of its processing.

3. Testing and assessment

It helps to assess the knowledge of each employee or department and identify weaknesses.

4. Messaging and notifications

It helps to automate sending notifications to each user about new content, activity, processes, thereby saving a lot of time and resources.

5. Customization and branding

Your learning environment and branding should be an extension of your culture and who you are as a company. White labelling will fit nicely into your current workspace. LMS is not just a tool, it’s a part of your corporate culture.

6. Reporting and tracking

Analytics helps to track attendance, progress, and mastery of the material, based on which managers can track employees’ progress and adjust the training program.

Using the platform, employees can:

• Have access to ready-to-use video content;
• Take assignments and tests, receive grades, see the schedule, and receive class alerts;
• Track their own learning progress;
• Submit homework for review;
• Participate in group and individual video chats;
• View and comment on lessons.

Since companies have their specifics of training and requirements for its functionality, they prefer systems that can be customized — they turn to specialists for building a custom solution and thus reaping all the benefits of LMS.

Implementation of a custom LMS for corporate training enables employees and C-level management team to meet specific e-learning needs.

Here are some additional features that can be added to custom LMS:

Gamification

Gamifying learning creates an engaging learning experience. It sets clear goals and milestones, and identifies achievements which motivate your employees.

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