What is a Learning Management System?
Often called an LMS for short, a learning management system is a software application that provides the framework that handles all aspects of the learning process – it’s where you house, deliver, and track your training content. While most often called an LMS, other names that might be used is elearning platform, training management system, learning activity management system or even learning experience platform (LXP).
A learning content management system (LCMS) sometimes gets confused with an LMS as well. An LCMS is software that is used to author and manage learning content. The two systems are complimentary to one another but not the same.
An LMS is designed to make life easier for those in charge of training and development—e.g., identifying and assessing individual and organizational learning goals, tracking progress toward meeting those goals and collecting and presenting data for supervising the learning process.
In addition to delivering content, an LMS can also handle things such as onboarding, compliance and skills gap analysis.
Why Use a Learning Management System? Benefits
If you’re still wondering what a learning management system is and why you should have one, let’s discuss the benefits.
Cost savings: Training and teaching via an LMS reduces employee travel, optimizes training expenditure and usage, and minimizes facilities and instructors to pay. From the cost savings aspect, an LMS is a no-brainer.
Consistency of training: Training and course delivery via an LMS is consistent since it is centralized. It delivers a consistent training and learning quality to all employees by supplying a single source for content, course materials and instructions.
Easily tracks learner progress and performance: LMSs allow the company to easily generate training reports on an overall or user/student level basis. By utilizing an LMS for eLearning courses and/or online training, trainers can easily track goal progress, knowledge gains, ROI and more.
Meet regulatory compliance: Many industries may be required to train, assess and report for compliance purposes. Just a few of these industries are oil and gas, pharmaceuticals, communications, and building and construction. An LMS can help you satisfy these legal and regulatory requirements.
Generally, learning management systems have many more capabilities than these listed. However, these are the most popular selling points and the top identifiers to whether you and your organization can benefit from an LMS.