Are you using a Learning Management System to support your small business?
In today’s world, changes come quickly. There is a need for organisations to stay on top of the latest developments, and to be invested in employee development.
LMSs can not only support the ongoing relaying of information and employee learning, it can actually be a more cost effective way of achieving that goal.
Here are five benefits for Learning Management Systems for small businesses.
1. It Can Help Your Employees Stay Up-To-Date With Products, Services & Policies
Most if not all businesses need a way to keep their employees updated with their latest products, services, or even company policies. For instance, with a LMS, you can create modules or e-learning training courses around the various features your new product has, and teach you sales team how to pitch the new item to prospects.
One of the added benefits to creating courses like these could be increased sales. If your sales team feels confident about selling the new item, it serves to reason that it will lead to more revenue.
2. It Helps You to Keep Your Learning Material & Data in One Place
Training materials can easily get out of hand. Some might be in digital form, while other bits and pieces could be in physical form, stored away in a file you can’t even find anymore. Mitigating the chaos should be a high priority if you want to support your employees in the work that they do.
With Learning Management Systems, keeping your data in a central location is really just the tip of the iceberg. You can also keep your course material backed up, reduce the risk of data loss, and offer easy access to your staff.
3. It Makes It Easy To Track Employee Development
Your employees can access courses in your LMS at any time, at their own convenience. This also gives them the opportunity to learn at their own pace. Research has shown that e-learning can lead to a 60% faster learning curve. The potential downside, of course, is that your team members may not actually complete the LMS training courses or modules without constant reminders.
Not to worry; with LMSs, you can track the progress of each and every team member, and view all of the relevant results and reports. This means that you can offer constructive feedback, and help individuals fine-tune needed skills in their job roles. With Moodle LMS, you can also set automatic notifications, perhaps on a 12 month anniversary.
4. It Can Improve Your Customer Service
Training can be hard to keep up with, but when your team members aren’t properly trained, it can affect their performance, and ultimately your bottom line. When employees feel like they have all of the tools and knowledge they need to deal with a variety of different situations in their day-to-day, it will lead to better customer service.
Your employees are going to be interacting with your customers more than you are as a business owner, so it’s vitally important to offer them the tools they need to do their job well. It also sets a baseline standard, so everyone is operating on that level, or above.
5. It’s More Cost Effective than Other Methods of Instruction
A LMS can help you cut down on a variety of different costs, including instructors and printed materials. E-learning saves businesses at least 50% when they replace traditional instructor-based training with elearning systems (eLearning Industry).
With LMS-based courses, there is no need to gather everyone in one place at one time to train them. You can have your team members take a course to get the knowledge they need in a timely manner.
Instructor fees can be expensive, and even printing up booklets or handouts can add up over time. With a learning management system, you’ll be able to keep track of important learning materials, and re-purpose or re-use old courses as needed.
One of the best investments a business can make is into the ongoing learning and training of its employees. Team members that are confident in their roles are more likely to perform at their best, giving small businesses a greater return on their investments.
If you want to stay organised, mitigate the loss of training materials, and help save on the ongoing costs of learning, then it’s time to look into a LMS solution for your small business. Moodle can perform all of these functions.
eCreators have a range of options available to you, starting from zero cost. Contact us to find out more about Moodle hosting, LMS training courses, and e-learning development!