Learning Management System 101

- Can LMS really drive SMB success?

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     Even in a great economy, life can be tough for small businesses. Maximizing every available opportunity and resource available is absolutely vital. Even a tiny advantage over the competition quickly become huge, and make the difference between success and failure. Your advantages can come from one of three places:

  1. Products
  2. Services
  3. Organizationial efficiency

     Even with amazing products and perfect customer service, your company will fail to beat the competition if organizational efficiency fails to support goals & initiatives. You need to be more efficient, educated, and streamlined than the competition. And thoughtfully implementing a quality, streamlined learning management system is a great way to make that happen.

     If you have any questions about learning management systems for SMBs, feel free to contact a learning management professional using this form. Or just give us a call at (877) 241-0644. If at any time you think you're ready for a 30-day free trial, you can start today without spending a dime.

Train employees faster, and with fewer resources

     Hiring new employees often takes a wealth of labor and capital resources that might be better spent elsewhere. Even if a position is filled through internal promotion or lateral movement, labor resources are often diverted to training, reducing efficiency of established jobs. Or training is added to existing work, creating additional stress on labor resources involved. Either way, efficiency suffers.

     This time lag between hiring and skill proficiency can detract from overall goals in the short term, putting stress on the entire system and negating competitive advantage. In rare occasions, it can even negatively effect efficiency in the long term, causing departmental or organizational failure.

     A properly structured and implemented learning management system reduces and eliminates these problems by speeding the time from hire to proficiency and reducing the load on labor and capital resources during the training period. A quality LMS can turn your training process into a huge competitive advantage. Systems and solutions that are hosted remotely and can be completely customized to meet your specifications (like Intellum's Rollbook LMS software) provide particularly strong performance in these areas.

Get an ROI sooner

     Selecting a hosted LMS solution means SMBs don't have to front the capital, physical space, or additional IT labor required to maintain LMS processes. In many cases it also means that SMBs can purchase only the capacity and service they need, so they don't waste money every month. These cost reductions often translate directly into a faster ROI.

     With a learning management system, training schedules are managed by software systems, rather than L&D labor resources. This allows all employees to focus directly on core concerns and business objectives.

     Advances in mobile technology and the prevalence of web-capable LMS software applications allow employees to study, train, and take tests remotely. New and existing employees can be trained from:

  1. A remote office location
  2. A hotel room
  3. Or even from home

     While this flexibility will reduce travelling costs, the benefits don't stop there. Properly implemented, remote learning can also drastically improve learning and knowledge transfer to existing employees. Many companies implementing remote learning applications require staff to review information or take tests before a meeting is held, reducing meeting length and drastically improving meeting efficacy.

     Studies and polls in L&D continue to show that streamlined training and development, supported by a strong learning management system, decreases employee turnover. While only you know how much it costs to hire and train a new employee, the facts are clear-- keeping employees is less expensive than losing them. A reduction in organization-wide employee turnover can definitely lead to a faster, and potentially larger, ROI on many initiatives.

     In addition, knowledgeable employees mean greater customer satisfaction, which leads to repeat and referral business. Studies show that it is 5 times more expensive to bring in a new customer than it is to retain a current one.

Get started today

     SMBs really don't have any time to waste in the search for a learning management system. If you want to be more efficient and sustainable than the competition, you've got to act now.

     Intellum is available to answer any questions you might have. You can contact a learning management professional using this form. Or just give us a call at (877) 241-0644. If you think your SMB or other organization is ready for a 30-day free trial, you can start today without spending a dime.