Employee development is the cornerstone of organizational growth. It is the process of strategically encouraging and enabling employees to learn new skills and competencies that contribute to the enterprise's achievement of goals. It is here that Learning Management Systems (LMS) come in handy for an enterprise aiming at upskilling the workforce and enabling continuous learning.
An LMS provides a unified, aggregated platform for employees to access virtual training content. They empower the organization with a centralized tool to launch employee development initiatives and performance evaluation programs. There are several aspects of learning management systems that enable organizations to drive growth. Let's explore how.
Employee development is the process that organizations undertake, in collaboration with their workforce, to facilitate upskilling, reskilling, or other types of professional learning that help both the company and the individuals progress in their careers and achieve goals.
Providing employees with corporate training programs, on-demand learning, and other options for career growth is extremely important for an organization for several reasons.
Over 20% of employees highlighted that they would like jobs that offer skills training and development. However, not many organizations have employee development as their top priority.
Employee attrition and churn are major costs to a company that can be reduced by providing employee development programs. These initiatives help employees learn new skills and make the most of their time and work with a company.
Learning new skills or improving the existing ones is a great boost to employee productivity. It helps bolster their confidence and apply their skills to the work they do.
Learning Management Systems consolidate all employee development activities onto one platform, making the delivery of these initiatives more streamlined.
An LMS sports three key features and functionalities that make them indispensable for employee development:
On-demand learning can help employees dictate their terms of learning.
By tracking employee progress, organizations can truly gauge whether or not the training modules prescribed are effective.Learning Management Systems provide tools and features that allow companies to evaluate the training progress of individual employees as well as team performance. An LMS also has assessment tools that accelerate the process of performance feedback for the employees.
The best feature yet is the analytical capabilities of an LMS that provide insight into employee performance. By way of measuring the time taken to complete a module, the score, the level of engagement, and other metrics, companies get a good idea of how they can design an engaging training module.
According to a LinkedIn report, employee upskilling has been recognized as the #2 priority in 2023 after the alignment of learning programs to business goals. This is because jobs today require expanded skills by about 25% as compared to 2015.In this scenario, an LMS can help deliver targeted learning and training programs to employees in a variety of job roles. These modules can be customized to the preference of the learners, depending on individual and job needs.
Furthermore, several LMSs have the provision to reward certificates and credentials to employees after each learning success, helping boost engagement and participation in upskilling.
Gyrus, a cutting-edge learning management system, is helping enterprises across a plethora of industries streamline their employee development initiatives. The toolset has enabled clients to improve their L&D outcomes exponentially.
A leading name in the corporate aviation niche, Bizjet was experiencing setbacks in its L&D initiatives.
GyrusAim implemented Individual Development Programs, which mapped the requisite training to the individual employees according to their job and division/departments. As soon as training was ascribed to a division/department, all the associated employees got a notification.
Gyrus's solution was able to significantly reduce the time required to complete training and increase employee engagement in the LMS.
Louisiana Machinery, a dealer of Cat Engine Power across various utility verticals, faced L&D issues with updating their skills development concept and methodology.
Cat updated their L&D guide (applicable to all dealers, including Louisiana Machinery) from course-based training to skills-based employee development. In doing so, the legacy L&D initiatives at LM faced a setback.
GyrusAim helped Louisiana Machinery to apply targeted and mapped training modules to the ground forces with ease. The tool was able to deliver information like the progress of individual technicians through training and reports on their performance.
It also provided management tools to help retain legacy information pertaining to older training modules and map it to the latest skills training guidelines efficiently.
GyrusAim was able to significantly reduce employee "downtime" while training by applying the concept of Blended Learning. It helped enhance the quality of learning from the modified training modules.
There are several capable LMSs available in the market today:
Gyrus LMS provides businesses with future-ready modules and cutting-edge features:
Moodle is an open-source learning platform. It has several interesting features, like:
An LMS, like all other digital solutions, is a technology that needs proper implementation and consideration to work optimally. Listed below are some best practices that help organizations make the best of their LMS:
Employee training should be designed to address organizational skill gaps. It is imperative first to identify the objectives of the training and to map these objectives to company goals.It involves assessing the current skill levels of the employees and tailoring the features/functions of the LMS to fill the performance gaps identified.
The LMS interface needs to be easy for the employees to use and navigate. It is important to ensure compatibility of the LMS with a variety of operating systems and devices to facilitate seamless adoption and proactive learning.
Integrating the LMS with existing systems, such as talent management or HRIS systems, helps companies streamline the data flow and establish a single source of truth. The reporting processes become more efficient with automation.
With the right approach and assistance, the following challenges can be navigated smoothly:
Learning management systems can prove to be a beneficial asset in employee development initiatives.By providing centralized digital repositories for learning materials, personalized learning journeys for employees, analytics and monitoring tools for progress tracking, and reporting features, enterprises can take informed decisions on their L&D initiatives.
An LMS is the key to boosting not just employee engagement in learning but productivity as well. The improved methodologies of learning (like interactivity and gamification) help improve the recall and memory retention capacity of the employees. It enables them to apply the concepts to their work more readily. GyrusAim is an LMS equipped with every learning solution an enterprise could need, including cloud-based deployments and high scalability. For more information, you can schedule a demo here.