As the economy grows, more and more companies realize the importance of having highly skilled personnel able to deal with constant technology and market changes. Often, the cheapest and most productive way to reskill employees and to improve their performance is by investing in Learning Management Systems (LMS).
Learning Management System is software used for administration, documentation, tracking, reporting and delivering content and training materials.
It means that LMS represents a framework within which you can manage the whole process of corporate training. With the help of a Learning Management System you can register trainees inside the system, schedule training sessions, deliver materials and evaluate the progress. But what is more important, an LMS can improve employees’ performance.
Numerous researches show that job performance depends on:
- Employee engagement;
- Efficient management;
- Promotional opportunities;
- Fair rewards.
And Learning Management System helps to find the right balance among these characteristics.
How? Let us get all this straightened out.
Personalized training approach
An LMS allows you to implement personalized training approach thus making an employee feel important and recognized. You can easily adjust training program to each individual’s needs, allow employees to schedule training within their timetable with no need to take them off their job duties.
Spirit of competition
With an LMS you can easily increase employees motivation by encouraging the spirit of competition. Many Learning Management Systems provide integration with social networking tools that allow each employee to have their own social profile where information about taken courses and received certificates is displayed. Information about colleagues’ achievements undoubtedly evokes competition and motivates to work harder, not to lag behind.
Employees engagement can be increased by applying gamification approach. You can borrow game elements to enhance training and allow employees to practice real-life scenarios in a safe environment and get ready to apply gained knowledge in real world.
It is a well-known fact that people learn from other people and their experiences. Why not use it in corporate training? Forum, discussion boards and chat are easy and effective ways to share expertise and gain knowledge.
An effective way to increase employees motivation and evoke interest in training is by offering rewards. You can implement points or badges system to pay for employee’s involvement and progress. Certificates on completion of a course can also act as rewards and a reason for promotion.
Last, but not the least, point to consider is constant monitoring of training effectiveness and employee progress. LMS reports give you powerful insights on the basis of which you can decide whether the training approach needs corrections and employee is worth keeping and investing money in.
Thus, a correctly chosen LMS along with the right training technique can help you to improve employee performance, lower training expenses, reduce employee turnover and increase business profit.