How an L&D Platform Narrows Down Training Management Issues?
Training is crucial in any organization to improve the productivity and efficiency of employees. But is it just a to-do task on your list with a simple tick-off when your employees are done with their training programs?
Constant training and skill-based training are inevitable. Most of the time, employees simply rush through the course to define it as done. You must invest in the right LMS platform to ensure your employees are well trained and learned.
LMS training platform, aka L&D platform, can facilitate skill-based training, risk management training, business management training, leadership, and management training, people management training, and corporate training programs.
Most L&D platforms come in handy with various features and tools to make training convenient and fruitful. It is one of the best solutions for overcoming your training management hurdles.
Let’s dig deep into how L&D platforms can help you deliver a rewarding training experience.
The Need for Effective Corporate Training Today
Benjamin Franklin once said, “An investment in knowledge pays the best interest“. He indeed got that inch-perfect! But many organizations, even today, are oblivious to this fact.
However, today’s modern companies have identified the importance of training, and nevertheless to say their training standards have undergone a paradigm shift!
A company with an effective corporate training program signals that they value its employees and is invested in nurturing its human assets.
Effective corporate training benefits both the company and its employees by:
- Accelerating productivity and competency for each job
- Building motivation and team spirit
- Developing a strong company culture
- Stabilizing teams due to lesser employee turnover
Corporate training has a direct impact on business success. Employees are the actual powerhouse of your company. So when you power them with knowledge and skills, you are powering your business.
Here are a few more reasons why you should care about corporate training:
1. Increased performance and productivity:
Elevate your employee efficiency by catalyzing productivity and performance by leveraging well-designed training. This will make your organization more profitable. The skill gaps which used to persist while you preferred in-person training will nullify with well-framed corporate training in place.
2. Higher levels of motivation:
Bringing your employees under a single organizational structure is a tough task. But training programs help individuals, teams, and departments to collaborate and unite them in achieving company goals without drawing any line between ‘my work’ and ‘organization’s success.
3. Less employee turnover:
Paychecks are not all. Employees need more than that. Employees value companies offering flexibility and a sense of purpose. If employees are unhappy with their current job, their likeliness to change job grows, and it becomes too expensive for the companies.
You must know that replacing a worker is much more expensive than what you spend on their annual salary. Turnover is preventable if employers keep their workforces engaged and productive.
4. Strengthen corporate culture:
Quality training is all about aligning your employees with corporate values and strategy. Training goes in vain if you fail to create a sense of belongingness among your workforce towards the companies. Support them constantly and foster a positive work culture in them by reassuring them that they matter to you. Rest assured, your employees will stand strong for uplifting your company culture.
How to Avoid Training Management Bottlenecks?
Corporate training is not cut and dry!
A 2019 Harvard Business Review survey illustrated that companies spend $350 billion annually on employee learning and development programs. This amount does not create any impact, and the cost of employee training all adds up to $13500 wasted per employee.
It is pointless to make your employees go along any channels but fails to show significant improvement in retaining and developing what they have been taught.
Why is employee training so difficult?
Here are some of the biggest training challenges organizations face with employee L&D :
- Reskilling and upskilling digitally for a scattered workforce
- Complicated enterprise software
- Inability to adjust to remote work culture
- Obsolete training approaches
- Lack of a proper feedback mechanism for training
- Improper evaluation of ROI of training programs
- Scaling personalized learning and development
- Lack of training time and time conflicts
Let us have a look at what features LMS training platforms offer to prevent such kind of workplace slowdowns:
An L&D platform that offers microlearning provides bite-sized, digestible content that makes learning easy and instigates the urge in employees to undergo training. The micro-learning approach ensures your learners can quickly absorb complex concepts in a simplified format. With learning made simple, employees will look forward to sparing time for progressive training. Microlearning is a reliable approach for corporate training programs to ensure knowledge retention in the best way possible.
2. Mobile Learning
Mobile learning is very relevant in today’s modern-day workplace. With more people pinning on their mobile devices for their daily chores, mobile learning facilitates training anytime, anywhere, on any device at their fingertips. Your employees can earn a robust training experience with increased flexibility.
3. Centralized Content Repository
Ease your employees’ effort and save time by easily providing easy access to training materials through an L&D platform. You can upload your training/learning materials to a central repository for hassle-free access. Learning content can be crafted in simplified and visually-rich formats that help your employees understand and decipher the concepts.
4. Blended learning
Different learning modes, such as instructor-led, self-paced, or hybrid learning, provide enriched learning experiences. Employees can choose their mode of learning that suits their convenience and learning graph. Blended learning makes training more efficient and accessible and encourages learners to partake in more training.
An L&D platform with a gamification feature is more important now than ever. The gamification ingredients like leaderboards, badges, and points can help employees learn their courses in fun and stress-free. Gamification in L&D platforms nurtures a healthy competitive environment among employees. You will witness better productivity, and more people will be willing to spend time on a gamified learning platform.
6. Personalized Courses
You can curate and host customized courses for your employees based on their skill sets and competency levels. This equates to delivering the learner with the training of his interest and need, opposing the traditional one-size-fits-all courses. This feature not only optimizes learning but also provides a unique experience to the learners— one that offers quality results.
7. Tracking & Reporting
Tracking the learners’ progress and reporting capabilities are of utmost importance to an L&D platform. Customized dashboards provide data insights on every aspect of training activities, from learner engagement to course effectiveness. LMS reports give a detailed overview of your organizational training strategy and assist in making decisions for further improvements.
How can an L&D Platform like Skill Lake Help?
Business impact is what matters in the end. Training and business results have a clear correlation which companies generally overlook. An L&D platform like Skill Lake accelerates the learning and development trajectory of every employee in an organization, alongside ensuring individual traceability.
Skill Lake has multitudes of features that can accelerate organization training like (pictorial):
- Competency mapping
- Personalized training paths
- Dual learning modes
- Holistic learning
- Aligned to business needs
- Enterprise-ready LMS
- Higher learning retention
- Scalable training
- Intuitive dashboards
- Tracking and reporting
- Learn from anywhere, anytime, on any device
- Keeps organization updated
Skill Lake is the best way to ensure that training is not simply about completing courses but is about keeping learning and development ‘continuous’ and ‘optimal’. To experience how Skill Lake works, take a quick demo.
Build a culture of continuous learning with Skill Lake’s state-of-the-art people development platform. Give your employees professional training to help them excel in their job roles and propel your business to greater efficiency and success.Start Today