The Business Case for Corporate Learning Management Systems

Create a Continuous Learning Culture for Scaled Operations

What it Does Icon

What it Does

Corporate Learning Management Systems (LMS) promote a continuous learning culture in organizations, support regulatory and development needs of personnel, and provide a home for learning materials.

Benefits Icon

Benefits

  • Reduce employee attrition rates by 5% to 15%.
  • Achieve compliance rates of up to 100% for regulatory requirements of employees.
  • Reduce customer and partner churn by 5% to 15%.
  • Reduce learning and development costs by up to 50%.
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Urgency

Worth immediate action if you struggle to deliver knowledge and skills in a turbulent business environment, or need timely training and onboarding of remote staff.

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Risk Level

LOW: Cloud deployments offer a safe onramp to LMS deployment, while on-premises can require CapEx outlays that heighten risk.

30/60/90 Plan Icon

30/60/90 Plan

Identify use cases and LMS vendors, then in the next phase line up vendor trials and conduct POCs while spinning up hiring and training. Once acquired, pilot the LMS with select users before rolling out organization-wide.

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Time to Value

Immediate results should be observed within 30 to 60 days for compliance-type training. Professional development type training can take six months to a year and would depend on the availability of relevant content.

What Is a Corporate Learning Management System (LMS)?

Leaders at organizations frequently hear about the need for training and learning programs to help employees be more successful at their jobs by gaining a higher level of skill and improved productivity, leading to better job satisfaction and employee motivation. A Learning Management System (LMS) can help solve this problem.


Figure 1: An Overview of an LMS

A corporate (LMS) is used to deliver training materials and track learning progress in a corporate environment. An LMS broadly covers four functions:

  1. Improve Learner Experiences: Learner experience can improve via multiple content types, interactivity, accessibility standards, and discoverability.
  2. Manage Learning Materials: An LMS should easily add, import, or aggregate content and organize it into courses and learning paths. Content access using strategies like microlearning and standards like LTI, SCORM, and xAPI assist with creating a learner-centric environment.
  3. Generate Learning Outcomes: Most LMSs can collect metrics related to learner behaviors and engagement. These metrics can be analyzed to create insights and outcomes to guide learners through their learning journey.
  4. Track Content Availability and Quality: Some LMSs support advanced functions like automatic language translation to improve reach and gather metrics that can lead to content improvements as observed via learner behaviors.

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