Why Buy a Learning Management System (LMS)?

Oct 28, 2015
Why Buy a Learning Management System (LMS)?

Why LMS is Important for Learning Industry?

Last week I reviewed the benefits of an LMS. In today’s article I focus a little more on the larger picture by noting several important reasons why buying an LMS is strategically important.

  1. LMS Trains Your Employees

    To gain market share over competitors who only meet minimum work standards by using the LMS to train your employees to meet high quality standards.

  2. Learning System Decreases Penalties

    To decrease costs of safety compliance in an environment of ever increasing non-compliance penalties as shown here, here, here, and here. Training your workforce to comply with OSHA regulations ultimately increases safety which reduces accidents and thus reduces penalties.

  3. LMS Saves Management Time

    To save management time by instantly producing detailed reports and analysis showing current and historical training activity.

  4. Schedules Learning Courses

    To schedule initial and follow-up courses based on employee’s training history, role, and other variables.

  5. LMS Manages Employee Training Needs

    To easily manage employee training requirement by simplifying the dynamic workforce environment caused by turnover and organizational changes.

  6. LMS Increases Visibility of Team Effectiveness

    To enable global, cross-functional, and cross-enterprise teams by providing goal alignment and visibility of team effectiveness to senior management.

  7. LMS Spreads Learning Among Customers

    To create new revenue streams and improve customer loyalty by providing education to customers through the LMS.

  8. Give Learning Authority to Users

    To reduce employee turnover by increasing job satisfaction and safety by enabling access to training anywhere, anytime.  In today’s connected world, enabling users to review multimedia training at home, or even on the shopfloor is achievable.

LMS Increases Profit and Company’s Competitiveness

In summary, an LMS leverages today’s technology to increase profits and company competitiveness in an increasingly complex business environment.