Consider the need to improve skills, meet regulatory requirements and manage the cost of training. For example, this will result in e-Learning and an LMS in the workplace being of use across the corporate spectrum. In addition, the ability to monitor and manage training performance will provide the corporate accountability to assess ROI.
What is an LMS?
So, LMS stands for Learning Management System. It is a software application that is typically used to centralise and automate administration, assemble and deliver content rapidly. For example, an LMS will consolidate training initiatives on a scalable web-based platform. In addition, this supports portability and standards which personalises content and reusable learning objects (RLO). Overall, the LMS will deliver online training and webinars including automated assessments, analytics and reporting.
Accessibility and Limitations
The barriers for access to e-Learning and an LMS in the workplace are of a certain limitation. In addition, this is only by the reach of telecom’s infrastructure. E-Learning has a global audience. The implication is that skill sets and standards will become more universal. Employers will be able to access a far greater range of human resources with ubiquitous qualifications.
The ability to provide simulated work environments is just beginning. It will provide a whole new generation of e-Learning opportunities to the corporate environment. Skills need to develop, along with a complete assessment, before being of use in the workplace.
Source: Global Industry Analysts, Fefaur, CrossKnowledeg, Ipsos, Bersin