A LEARNING MANAGEMENT SYSTEM (LMS) is the heart of your eLearning program. It allows you to administer, deliver and track learning functions. The LMS tracks when learners access courses as well as their progress. By delivering simple metrics, your LMS monitors the success of your training. It allows you to tweak content as necessary or to make changes to the course prompted by changes in the workplace.
The LMS AUTOMATES TRAINING while delivering consistency in training, introducing core competency across the enterprise. It enables just-in-time-training as well as learner-scheduled trainings at a time of their choosing and at their own pace (asynchronous learning). It can also schedule live trainings for synchronous learning—learners attending training at the same time but not in the same place.
Social learning reinforces concepts taught in the modules and encourages collaboration. The LMS allows easy access to wikis, forums, social networking across the enterprise. In addition, learners can easily find mentors locally or in a remote company location through social networking.
An LMS comes two varieties—installed software and software-as-a-service (SaaS). Regardless of the type of LMS you use, the ROI more than makes up for any initial outlay.