E-Learning Solutions As A Way To Survive The Business Competition

Nowadays, business is more competitive than ever before. Proven experience and deep knowledge have become the main factors of surviving on the international level. Consequently, enterprises are now paying a lot more attention to their employees’ constant skills improvement. 

Projects are becoming more and more comprehensive and require some specific knowledge and skills. How to get them? The better option would be to provide courses for your employees than to search for new ones. 

Let’s look at an example; a big chain of electronic equipment manufacturer with more than 500 retail shops across the country. You are launching a brand new unique product, and to be able to produce it for the markets, you need to teach your employees how to deal with the new production process: what are the components, what marketing strategy to use to sell the product, how to organize merchandising in shops, etc.

What problems you can solve with eLearning programs

Maintain high education level of your employees

eLearning will not only help corporations teach their staff the necessary skills, but you will also be able to make it fun and enjoyable for them, integrating animated tests, giving bonuses to those, who learn faster. Most LMS software gives opportunities to develop any types of courses, adaptable to any industrial sphere. And of course, the management will be able to track each worker’s progress. 

Important to note, that LMS’s work with in-built templates, the majority of them have import/export functionality, report generation, multimedia content support and interoperability of formats. 

Reduce costs

When you organize live corporate classes with real human teachers – it takes too much time and costs too much. It’s much more economically beneficial to integrate an LMS with pre-loaded education materials, effective training programs, and some specialists that will help the “students” along the way.

This being said, enterprises can save time and money using LMS rather than spend time looking for tutors, space for education, the equipment, paying additional wages, and so on.

Employees learn fast

Thanks to LMS, your workers will be able to learn new programming languages, methods, techniques, acquire industry-specific knowledge.

Also, it’s great to have automated education programs for the newcomers so that their onboarding process was as easy and fast as possible.

Optimized HR processes

A good LMS will be of great assistance to the HR department in the company. Big companies can take advantage of examination tests when there are many applicants for one job position. The eLearning system will show the best candidates based on the test results.

Another example is using the examination tests for the existing employees to let them prove their professional suitability every once in a while so that to keep only those who really care about skills and improvement. 

Moreover, if employees go through this kind of examinations regularly, the executives can clearly see the weak and the strong sides of each worker in order to know, what shall be improved, what materials should be provided to the staff, etc, and encourage those who get better results as a means of motivation.

The main functionality of an enterprise eLearning system

LMS functionality can be different depending on the company size it was developed for. One way or another, one of the main requirements for any eLearning system is its scalability. The second one is a convenient interface, a non-user-friendly interface can make things even worse

Speaking of the must-have functionality, here are the core ones any LMS should have:

• Group video calls for webinars;
• Tests constructor;
• Content management tools;
• Reporting, results tracking.

Conclusion

In a nutshell, Learning Management Systems can become a good friend for huge and middle-sized enterprises, organizing education for remote and on-site employees, creating additional motivation and stimulation for workers to be better. 

eLearning is gaining popularity every day since it’s a powerful solution for enterprises that enables them to keep up and survive the competition. Today, you can see LMS’s in such industries as finance, banking, logistics, and even healthcare.