The feature enables you to assign and track skill development of the learners as they complete training from their list of requirements. With frequent short training sessions, learning and development teams can observe changes in key performance indicators (KPIs) over a period of time, rather than looking only at yearly training results. Analysing learning KPIs alongside business KPIs allows them to gauge whether and how well the skill management works—and figure out how to improve it.
Keeping a track of the courses, certificates and credentials that executives have completed comes under skill management. It lets them know which learner has specific expertise they might need to call on. Comprehensive learner records also show the organization that it's meeting legal and industry compliance requirements.
Also centralizing data in the LMS allows the LMS administrator to keep training records for all employees—in a single easily accessible site. Search and indexing capabilities make viewing a learner's progress easy and fast. It can be a lifesaver for learning administrators in large MNCs who can track executive learning across corporate sites without having to track down the line or their assistants.
The future of work waits for no one. To keep pace with industry revolutions and surpass your competition, your employees must have the skills to adapt quickly. The impact of your training shows up in employee performance—and the bottom line. Boost training effectiveness and maximize your ROI with these 3 strategies: