Benefits of LMS?
Like anything in life – there has to be VALUE – to ensure RIO (return on investment) and drive revenue or growth (monetary OR skills).
Some of the key benefits to implementing your own LMS are –
- you are able to organize all your content in single location
- it provides unlimited access to a diverse range of content and materials
- you can easily track learner progress and performance
- it reduces learning & development costs
- it reduces learning & development time
- it allows you to easily stay up to date with any compliance regulations
- you can quickly expand/ enhance courses/programs
- it creates a whole new vertical for generating revenue through selling your knowledge