Why is an LMS so important for corporate learning?

Why is an LMS so important for corporate learning

LMS stands for learning management system. Here are its key characteristics:

L – Learning – Learning.  Online training materials and courses can be created with an LMS. Using an LMS you will have the ability to maintain and increase the internal experience of the company since it is the only knowledge base dedicated to your topic..

M – Management – Management.  Manage your courses and students as well as improve your efficiency.

An LMS is not just a bunch of files like a file-sharing service; quite the opposite, it is an organized training system. Employees can simply be added and assigned to courses.

Have you hired new employees? Invite them to an integration course. Are sales down? Give your workers a chance to practice selling with virtual clients.

It will be possible to assign and manage both live trainings and regular classes through the calendar feature. An LMS can function like an application, specifically designed to help online students organize their assignments.

S – System – System.  Computer system to be exact. Even if your employees live in different time zones, you can train all of them without leaving the office. In addition, an LMS automates the most boring and tedious work, such as the classification process, the processing of statistics, the preparation of reports.

LMS are similar to your own online university. You can upload e-learning courses to the platform, provide students with content access, and evaluate student performance.

What type of LMS should I choose?

Following your introduction to an LMS, you should learn about learning platforms and how they differ. The following are a few examples:

Why is an LMS so important for corporate learning

Corporate LMS vs. Academic

While corporate and academic learning management systems differ somewhat, both provide online access to learning materials and automate certain aspects of the training process.

Learning objectives

Academic learning is geared toward producing students who have a deep understanding of their subjects and strive to learn more. The main goal is to acquire theoretical knowledge. Corporate training is primarily oriented toward practical applications and a return on investment is one of its main goals.

Course timeline

Corporate learning management systems must be flexible enough to accommodate all time frames and business needs, since employee training is shorter. Educational institutions operate on semesters and trimesters. They need the LMS to schedule time units such as vacations, exam calendars, and periods.

Certifications vs. ratings

It is common for corporate learning platforms to offer the option to monitor and end with certification. A grading system is typically used in academic LMSs to track student progress. Maintains attendance and assignment records for each student, in addition to other information.

Tools for social learning

Another feature of an academic learning platform is the ability to create student groups for class projects and breakout sessions, as well as a web conferencing tool built-in.

Content updates

An academic LMS does not need to be updated regularly because the content that students require is based on the sciences and humanities. The corporate LMS must be able to easily and quickly update courses as market needs change.

Free vs. Commercial

Companies often face this dilemma when choosing an LMS: choosing between a free, open source solution, or a commercial platform. In fact, there is a misconception that all open source LMS are free. There may not be a license fee, but that doesn’t mean there are no costs. Investing in an open source platform can be more costly than purchasing a commercial LMS, since you may need to set up a server and hosting architecture, customize standard LMS functionalities, improve the site’s image, and update your system regularly. You will likely fail at your e-learning project if your team does not possess the technical skills to make it highly customized for your company.

The ideal solution for users without technical experience is commercial software. It is generally much easier to implement and use, offers technical support, and does not involve additional costs.

Why is an LMS so important for corporate learning

LMS SaaS / Cloud vs LMS hosted locally

The data can be stored on your company’s servers or on an LMS SaaS (Software as a Service). When you host your own system, you are fully responsible for all server specifications, uptime, and security.

If you choose a SaaS system, it will be your LMS vendor who will take care of the server load, backups, and all other matters related to storing your training data. This is the best combination if you don’t have technical employees who can handle the system, support, and customization and scalability issues. Instead of wasting time managing the LMS, you can focus on creating the learning content.

Some companies are concerned about data security when using cloud-based LMSs. They believe that your information stored on a remote server may be compromised. However, there are different ways to store your data. Make sure the LMS vendor has adequate encryption and backup processes in place.

Course Builder (LCMS) vs. Non-course creator (LMS)

A learning management system (LMS) is a platform for distributing ready-made content. Additionally, LCMS (learning content management system) allows for the creation of courses.

There is a complicated balance between these systems. LMSs focus on user management and offer more diverse learning experiences, while LCMSs focus on creating and managing e-learning content. 

It is possible to choose between two options if you are creating courses in-house: buy an LCMS or buy a separate LMS and authoring tool.

If you want to avoid compatibility issues and create engaging interactive courses, choose an LMS with an authoring tool included. For example, eleap LMS allows you to create professional-looking online courses, upload them to the platform with ease, and enjoy advanced reporting capabilities.

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