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What is an LMS, and what are its benefits?

Workplace learning has fundamentally changed. Your people want to learn, and they want to drive their own development!

60% of learners are taking on self-led learning, with 74% of learners wanting the freedom to take training courses in their own time and at their own pace. So, what are your people looking for? eLearning!

Half of learners find it easier to fit online learning into their working day. And they’re not wrong: employees are more likely to engage and retain material online than in a classroom because eLearning requires around 50% less learning time. Choice over learning = increased engagement.

In 2022, 62% of UK workers considered themselves to be either hybrid or working remotely. But with employees now learning from a variety of locations, often online, how can L&D leaders keep track of and manage their workforce learning?

 

A Learning Management System!

An LMS is what you need.

Why?

An LMS boosts workplace productivity, and reduces training costs for an organisation by 25% to 40% – it’s a win-win, right?

But, how, you ask?

Let’s start from the beginning…

 

What actually is an LMS?

An LMS is a platform that allows you to manage every facet of workplace learning, from design and delivery to scheduling and reporting. Put simply, an Learning Management System is your central view of all things learning within your organisation.

An LMS has two main interfaces:

Admin – Where the person responsible for your L&D performs organisational tasks for learning programmes. This is where they can create and manage courses, add learners, and analyse the results and reporting for all types of learning – online or otherwise.

User – Where learners can see what courses have been assigned to them and complete online training. They can also view catalogues of optional courses to enrol in to expand their knowledge and add any extra learning, like webinars, conferences, or in-person sessions that support their development.

As well as tracking learning, your LMS delivers online training materials to various audiences, on-demand. And you’re not restricted to one form of learning. Everything from courses and quizzes to videos, and real-time instructor-led sessions; with an LMS, you’re ensuring that your employees can access training that suits them, and you can cater for different learning styles.

 

What are the benefits of an LMS?

 

Reduce L&D costs

A Learning Management System makes it easy to shift a lot of learning online, giving you huge cost savings on training rooms, travel expenses, and sourcing learning materials. And think of all the hours, and £££, and LMS would save you.

 

Saves time

An LMS can auto-populate any and all training your new hires must complete, saving time manually inputting and ensuring your new hires have the correct information when they need it (it’s really that easy). A great first impression = happier employees, saving you recruitment costs from high churn. And it’s not just about your new hires! With the ongoing renewals of mandatory learning, the automation and reporting provided by an LMS means you’ll never need to worry about your team’s compliance again.

 

Maintain compliance

This seems simple, but an LMS is a fast and easy way to deliver the correct training to employees to ensure you are maintaining compliance within your organisation. It even does the chasing for you when people fall behind! With all your important learning data in one location, it has never been easier to manage and track, so you’re not scrambling for non-existent data at the next audit.

 

Track learner progress

Powerful reporting tools give you data and insights to understand where your L&D strategy is working, and how teams are progressing. It helps you stay better informed about what your learners enjoy and provides insights into areas where extra development is required. Making learning fun for your team boosts productivity and keeps people in the business longer!

 

Reduce employee turnover

A mind-blowing 94% of employees stated they would stay at the company longer if their employers invested in their careers. By investing in an LMS, you’re investing in your team, which will mean they’re going to feel valued and gain a sense of belonging. Happy people stay in a business, and experienced people add value, keeping you productive!

 

Enhance development

What makes learning more powerful? Linking it to performance! Integrating learning with performance enables managers to assign relevant learning to their people to develop skills in different areas. The beauty of an LMS filled with learning content is that people discover things they didn’t even know about!

 

Improve performance

Continuous and effective learning encourages your team’s lifelong skill-building. And the more knowledge and skills they acquire, the more it will be reflected in their work. Access to an LMS encourages a growth mindset, which in turn powers performance.

 

An LMS for you

An LMS sounds like an L&D dream come true, right?

And you’re not alone. 72% of global organisations see Learning Management Systems as a competitive advantage.

However, searching for the right Learning Management System for your organisation is confusing. With so much information out there, how do you know you’re making the right choice?

Look no further than our guide to must-have LMS features, and how to solve your L&D woes. With key information and insights, our guide is your one-stop shop for choosing a game-changing LMS.

Download our LMS Buyer’s guide today.

 

Introducing Learn LMS

Learn is our award-winning, user-focused Learning Management System that allows you to deploy, manage, track, and report on all types of learning across multiple devices. With a friction-free experience, you can target learning to the right person at the right time and optimise training expenditure (aka, saving that £££).

And that’s not all! Learn enables you to integrate your Learning Management System with all your crucial HR software, including performance management tools, to produce intuitive dashboards that give managers complete clarity over individual and team progress, quickly identifying knowledge and skills gaps. Learn LMS lets you assign your people the learning they need based on user data, so achievements and course content become tailored to everyone.

Speak to one of our friendly experts to discover how to enhance your L&D strategy.

Written by Claire Moloney

Claire is an enthusiastic and meticulous content writer whose passion is to support growth and continual learning for everyone.

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