How to Define LMS for Your Company
If your company is growing and you’re finding that you need to offer an increasing amount of learning and training programs to your employees, it may well be time to more adequately define LMS within the unique context of your business.
With the advent of hundreds of LMS options available as cloud-based software-as-a-service (SaaS) solutions accessible on various devices equipped with a web browser and Internet access for surprisingly affordable monthly subscription fees, businesses everywhere have an unprecedented opportunity to transform the way training and learning takes place in their companies. When you take the time to do this right, the impact on both the effectiveness and profitability of your company can be profound.
One of the most important things you should do from the very outset is make sure you set things up so you can prove the ROI (return on investment) of your LMS and the programs you deliver through it. This is something that often doesn’t happen early on, and when companies think of it, there seem to be so many barriers to making it happen. It feels difficult and they’re afraid to find out the ROI is not what they hoped it would be. But really, in most cases you’ll be pleasantly surprised to find out that your learning and training programs are adding real value to the company, and that’s something very important to put on display for the leadership to see. After all, far too often the learning function in an organization is seen as a drain on resources rather than a vital value-added activity. This is your chance to change that perception and define LMS as an essential factor that impacts profitability.
If the way you define LMS doesn’t include gathering a cross-functional assessment of key stakeholders from throughout the company, you need to reconsider your definition. You need a thorough understanding what each department in your company needs to get from your learning and training programs, as well as the LMS that will deliver it. Take the time to interview key people from each department to learn about their training and learning needs. This will help you figure out what kinds of features and capabilities you need an LMS to deliver, which in turn will make your vendor search that much easier.
If you want to really define LMS in robust way for your company, please read out seven-part series on How to Implement an LMS. It really lays out in logical sequence everything you should do lay the groundwork and make the right choice of an LMS that will meet your needs:
- Part 1: Laying the LMS Groundwork
- Part 2: The Learning Management System (LMS) Analysis Phase
- Part 3: LMS Analysis Questions to Ask
- Part 4: The LMS Vendor Search
- Part 5: LMS Contract Review
- Part 6: LMS Roll-Out Planning and Configuration
- Part 7: LMS Implementation – Final Steps
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