A learning management system (LMS) LMS System is software that makes it easy to manage, deliver, and track analytics for business training programs.The Learning Management System has become an incredibly powerful tool for organizations looking to improve the performance and retention of their workforce. Most learning management systems are cloud-based software solutions that companies use as their primary tool for managing their training programs.
Just as sales teams use and depend on CRM software, or human resources teams depend on HRIS software, LMS System software is usually the base technology used by companies’ training and development departments.
Perhaps the most important functionality of learning management systems lms systems is to support learning as it happens. – eg By combining formal, social and experiential learning. Traditionally, these learning management systems have been used primarily for the delivery of formal learning.
For example, a learning management system, or LMS System, makes it easy to automatically assign induction courses to new employees, track their progress, and assess their knowledge retention levels. However, online learning systems like Docebo go beyond basic functionalities and incorporate features that enable social learning.to enable users to consult with colleagues, ask questions, collaborate, and encourage and reward contribution between teams and individuals.
Who Uses An LMS System?
Learning management systems are used globally, across multiple industries, and for a variety of different use cases for enterprise learning. The adoption of LMS System has increased in recent years around the world. In fact, the global LMS System market is projected to grow at a CAGR of 24% from 2016 to 2020.
At a more specific level, there are two key types of users of an LMS system:
Students or users – the students are the ones receiving the training (after all, they are the people for whom the training was created). Students who have access to the enterprise LMS will be able to view their course catalog, complete courses and any assigned assessments, and measure their own progress. Students can be assigned to courses individually, or according to their job function, and/or according to their role within the company structure.
Administrators – administrators are on the opposite side of learning technology – this means that they are responsible for managing the LMS System, which involves a combination of tasks: creating courses and learning plans, assigning courses to students, and giving Track your learning progress.
Types of clients of an LMS
Large companies: Large companies rely on learning management systems to measure the performance and professional development of hundreds or even thousands of employees, while implementing global online training initiatives. Some large organizations can also use extended business features of their LMS System to keep franchisees, vendors, and third-party sales channels informed about product launches, compliance requirements, and more. to improve the performance and retention of your workforce.
Small and Medium-Sized Enterprises (SMBs): These organizations benefit from a Learning Management System using fewer human resources, and instead rely on technology tools to scale their employee growth with business growth (and adapt to changes constant training needs that reflect that organizational growth). ng initiatives. Some large organizations can also use extended business features of their LMS System to keep franchisees, vendors, and third-party sales channels informed about product launches, compliance requirements, and more. to improve the performance and retention of your workforce.
Freelancers: LMS platforms designed for online learning freelancers who work with multiple clients and need to deliver a wide range of deliverables. These learning management systems can have built-in collaboration tools, allowing you to fly solo or work with a remote e-Learning team.
What is an LMS used for?
At a basic level, learning management software is used to centralize, implement, and measure enterprise training.
A best-in-class learning management system has the capabilities to support a variety of internal and external business use cases, including:
Employee Training – Perhaps the most common use case for an LMS is to support internal employee training and development. Within the LMS System, courses can be assigned to ensure that employees obtain the necessary skills for their jobs, are informed about changes to the products offered by the company, and stay up to date with compliance training, etc.
Customer Training – Another common use case of an LMS is for customer training. This is especially common for software and technology companies that need to carry out user onboarding for them to use the product effectively. Ongoing customer training helps deliver more value to customers and prevent contract cancellations.
Partner training – an LMS can also be used for training the company’s partners and partner channels (eg resellers). This is a great way to improve affiliate programs and provide more value.
Key benefits and advantages of an LMS System
There are a multitude of benefits and advantages to implementing an LMS System, and these apply to the company and its student audience.
Benefits for the company
An LMS can help companies to:
- Reduce the costs of learning and development
- Reduce the time of induction and training of employees, customers and partners
- Accommodate multilingual audiences
- Centralize e-learning resources
- Maintain regulatory compliance
- Track student progress
- Carry out the induction of partners and resellers to improve their ability to sell
- Retain customers by ensuring that they use products and services effectively
- Measure how learning impacts company performance
Benefits for the student:
An LMS can help a student to:
- Increase knowledge retention
- Keep up to date with required trainings
- Stay motivated with the best practices of formal and informal learning
- Acquire skills and knowledge required for career advancement
- Improve performance