Considering some of the great benefits your organisation can expect from using an LMS.
If you’re thinking about improving your organisation’s learning technology – or perhaps introducing online learning for the first time – you might be wondering what the benefits of an LMS would be.
Or perhaps you’re well aware of the benefits of an LMS but want to build a strong business case to share with your colleagues. Many organisations will want to see the cost of an LMS offset by the financial benefits it will bring.
Whatever your circumstances, we’re here to talk you through some of the main advantages of having an effective LMS, and the business case for implementing one.
Let’s get started.
1. An LMS saves time
It’s been estimated that e-learning saves up to 45% of your organisation’s time in comparison to classroom learning. That’s based on the fact that each of your learners can do their training at different times and at their own pace.
Then you can factor in the time that it currently takes for your staff to travel to and from your classroom, training centre or HQ. Even a 40-minute round-trip adds up to a large amount of time spent away from regular duties when you apply it across your entire workforce.
2. An LMS saves money
Some of your colleagues might look at the price of an LMS and see it as a big expense, but it actually offers plenty of opportunities to save money. Let’s return to that journey to the classroom we mentioned above. That’s going to involve mileage expenses, possibly train tickets and the cost of salaries that are being paid while your learners travel from A to B.
Then they’ll probably have to sign-in, make their way to a classroom, grab a cup of coffee, settle into their seats, listen to an introduction and probably use up a bit more time before they actually start learning.
You’re losing a lot of hours’ work. It’s far more costly than simply opening a laptop or phone in a time and place that suits each learner.
3. An LMS allows your learners to prioritise their workload
Offline training can sometimes be of frustration to your learners. When they’re enrolled onto a course, there’s no way of knowing they’re going to be on deadline for a key project or that your most valuable customer wants to talk to them urgently.
With an LMS, your learners can incorporate learning into natural lulls in their working day rather than dropping everything to be in a certain place at a certain time.
4. An LMS delivers better engagement and retention
An LMS allows you to easily incorporate quizzes, situations scenarios and other interactive elements into your training. Gamification, messaging and forums also contribute to a lively learning ecosystem.
Coupled with a strong and intuitive UX design, this makes training more appealing and effective for your learners.
5. An LMS is consistent and flexible
One of the top benefits of an LMS is that it will allow you to deliver the same training in the same way to the same standard to your learners in London, Lisbon or Los Angeles. Regardless of their location or language, each of your learners gets a consistent learning experience.
You get to set the tone, nature and culture of the learning and there’s nobody between you and the learner who can dilute it.
6. An LMS gives you valuable data
Again, it’s easy to look at the price of an LMS as being a big expense. But what about the value of the data it will create for your organisation? Need a contingency plan for if employee X leaves? Your LMS will help your succession planning by showing who has the skills and competencies to step into their shoes. Appointing the right person over the wrong person to any single role will effectively pay for your LMS.
You’ll be able to see which of your trainers are committed to the platform and their professional development, and which are doing the bare minimum. You’ll be able to easily check compliance statistics. You’ll know which employees are struggling with a particular piece of training and intervene before that results in a costly mistake.
7. An LMS reduces staff turnover
The cost of an LMS is one thing, but the cost of recruitment is another entirely. Repeatedly replacing staff members is an extensive business. Everything we’ve mentioned above – consistent, flexible training; learning that sits neatly alongside regular work; interactive, engaging training; targeted interventions to help your staff; and better succession planning – is likely to increase employee satisfaction and retention.
Let’s discuss the benefits of an LMS for your organisation
If you’d like to talk in more detail about how an LMS would benefit your organisation, please fill out the form below and we’ll be in touch with you.
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Whether it's about upgrading your current platform, starting from scratch with an LMS of your choice or you need guidance on where to begin, we'll be happy to help!