Corporate Training 101: Why do companies need e-Learning software?

Corporate Training 101: Why do companies need e-Learning software?

Training & Learning is a continuous process and is the need of the hour in today’s hyper-competitive corporate world. If you’ve been exploring more effective ways of learning and training your employees, you would have come across e-learning platforms and LMSs as a convenient solution. Catering to growing numbers and varied learning needs, an e-learning platform or LMS platform opens up a world of possibilities.

As groups of learners and employees get more and more spread out, whether they’re working from home, or a regional office, or in another country entirely, the need to transfer information and knowledge has risen sharply. All this can be easily done online using an LMS, this has played a catalyst to the e-learning and training industry, leading to the space showcasing exponential growth in the last decade.

Employers need to understand that training employees is vital, regardless of the company’s size. Trained employees are more efficient and highly productive, which means they can lead the business to higher profit margins and productivity.

Therefore, it’s suggested that employers set up Learning Management software that can automate the learning process. Learning Management Systems have become an essential part of the learning process in most companies helping employees get up to speed quickly and more efficiently. Organizations have taken up e-learning platforms and software mostly to save time, money, and energy expended in face to face training.

Businesses are increasingly open to these new modes of training their employees because the benefits of standardized online training programs can greatly outweigh the benefits of a conventional face-to-face training session. Today’s business environment is extremely dynamic, and it’s essential that companies implement such advanced and efficient strategies that will help them achieve their training and reskilling goals while simultaneously promoting a higher sense of job satisfaction amongst employees.

As e-learning moves more into the mainstream, e-learning platforms are only bound to continue to grow and expand.

Is it worth investing in e-learning software?

The job roles of today are ever changing and dynamic, this means that employees need to constantly keep learning to stay relevant. Upskilling is a major part of today’s corporate careers and is one of the major considerations of employees while joining any company. If a company is looking to retain its star employees and provide a clear growth trajectory to them, an LMS is an essential investment.

The ways people deliver online education or training can differ pretty dramatically based on the context of their aims. E-Learning Platform or Learning Management Systems can help a Trainer to easily store information and course materials, grade tests and track Learner progress. The learner as well as the organization as a whole, benefit from an e-learning Platform or a Learning Management System.

The most immediately recognizable advantages of an e-Learning Platform include a reduction in travel expenses, reduction in teaching remuneration, reduction in costs for materials like printing, distribution, storage and management of training materials, books, handouts, etc. As e-learning moves more into the mainstream, e-learning platforms are only bound to continue to grow and expand.

How has e-learning software changed knowledge acquisition?

Modern-day employees want to work for companies that provide them with opportunities that help them grow and achieve their own individual career goals. For instance a Junior Developer may be looking at getting into a Project Manager role in the future, a Senior Designer may have his eyes set on the Brand Head position in the company.

If the company helps employees move towards these goals then there’s a higher chance of these employees staying in the company. When companies invest in employee training software, they are contributing to the personal and professional development of their employees. As a result, employees become productive, capable, and efficient performers.

Compared to traditional classroom sessions, e learning software has made it easier to train employees at scale. They can also provide personalized and customized training by developing content across audio, visual, quiz and interactive formats. This means that there’s a higher chance of employees retaining the information and applying it on the job. Another major advantage is that training no longer requires contact hours with the trainer, this removes geographical and capacity restrictions, enabling the company to train workforces of thousands of employees efficiently, with a bootstrapped L&D team.

Why does your company need to invest in an e-learning platform?

A one-stop-shop for all your content needs:

Learning Management Systems allow companies to store all their content in one place. This strategy will help employees because it reduces the risk of losing important information; hence, organizing the material becomes an easy task. eLearning management team members will have access to the content on the LMS platform, through the cloud storage system.

Access to training material anytime, anywhere:

Once you have uploaded technical and training material on the LMS application, it will be made available to all the registered users at all times. Learners can gain access to various training sessions and courses, anywhere and anytime in a scheduled manner, by using any electronic/mobile device. This is a useful feature, and it’s one of the main reasons companies acquire LMS applications.

Tracking the learning progress:

E-learning platforms have the ability to monitor the progress of the learners during the course. It allows employers to track information comprehension, measure the interaction with the material provided, see if the e-learning courses are meeting with all the material needs or if it needs to improve with more text, video, or audio.

Reduced costs:

E-learning platforms tend to provide more mobility when it comes to attending lectures. This because the actual presence of the trainers can be sidestepped. This reduced cost means companies can invest more in creating a curriculum and digital content that is high quality and is a permanent IP or asset.

More structured learning process:

LMS application can provide a series of tests that will allow the learner to figure out their strengths and weaknesses, which will also help them identify which part of the training course needs to be exempted from the training program. This way the employee invests more time in acquiring the skills and know-how that in the sphere where they are lagging behind.

Increases productivity levels:

Employees are consistently looking for opportunities to grow, and online training tends to allow learners to get up to speed on the latest processes. Traditional training methods can be time-consuming, and the nature of these training sessions can take huge chunks of valuable time that could be used on other work. Online training management systems help employees to participate in training courses, at any time; the mobility feature allows to you partake in training sessions at work or at home. This way, the learning process will not interfere with your normal working hours and productivity levels. Cloud LMS helps employees revisit key information whenever required.

Convenient and flexible:

Gathering a team of employees in one room for hours is not an ideal scenario, and most times, it’s not that efficient as well. Online learning sessions can provide the employees with much more flexibility, and they can complete their important training sessions with ease. An LMS provides employees with the chance to partake in online training sessions from any location, as long as the learner has an internet connection. Online training software helps trainees get access to lessons whenever they have the time, and when they are willing to dedicate their attention to a session. They also have the choice to consume the content on a platform of their choice such as their tablet, smartphone or home system. This removes much of the effort that would be spent on coordinating a traditional training session.

Allows for regular feedback loops:

Online training platforms also allow automated and timely feedback that is valuable for employees, managers, and the business because it can reduce the need for manual grading and feedback. It also reduces the chance of any bias creeping into the evaluation and monitoring process.

Paperless and easy to use:

Referring back to handwritten notes that were taken in a hurry during a traditional training session can be an ineffective way to retain information. Online training sessions takes out the need for paper because the eLearning materials are stored online. This is helpful for employees who want access to vital information and resources anytime they are faced with a challenging situation or encounter a complex question.

Improves information retention:

A cloud-based eLearning platform offers training sessions that create fun and engaging training courses. They are executed through fun content like videos, slides, and games. These interesting training tactics can lead to better information retention and help employees retain the information they learn during the training session.

Personalizes the training experience:

The LMS system has revolutionized the way a company trains its employees. This is useful because employees do not have the same learning process; some may understand a concept fast while others may take time to understand the subject fully. E-learning allows the individual to be in control of the learning pace. Since online training is flexible, the employee can take up the session in an environment they feel most comfortable in. The employee can also choose between the kind of content format they are comfortable in. Trainers can create audio books, video content, interactive content and more as aids to help reach out to all kinds of learners. This kind of personalized experience helps improve the efficacy of the L&D program and improves the chances that the employee stays engaged with the content.

Allows for customization:

Traditional training workshops can be quite rigid and they don’t allow customization, which means the information and training methods are not adjusted to fit each employee. With the help of an eLearning program, the training materials can be customized based on the employees, for eg a different kind of content can be created for middle management employees that don’t require hand holding, while a comprehensive program can be created for freshers or new hires.

Holds each employee accountable:

Online training helps provide the company with accurate reporting on the L&D program. This ensures that there’s an ROI on the money spent on training each employee. This reporting can be in the form of assessment grades, course completion rates, and the time needed to complete the course.

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