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Education Technology Insights | Wednesday, September 20, 2023
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The importance of understanding and utilizing the capabilities of learning technology helps to drive talent strategies successfully.
FREMONT, CA: Businesses face the challenge of retaining employees through more than just offering flexible working or increased wages. Development teams are critical in addressing these challenges and helping businesses stay competitive. The growing demand for an enterprise learning platform that can scale cater to employees' needs from onboarding to upskilling and align with the organization's goals. Businesses must invest in the right learning technology, ensure proper usage, and have skilled professionals lead the way to remain competitive. It can help existing employees identify their transferable skills, paving the way for internal promotions and succession planning.
LMS offers a robust enterprise learning platform that addresses these critical points. LMS enables businesses to analyze skills gaps, deliver personalized learning, enable succession planning, and build coaching, mentoring, and knowledge networks. LMS provides a skills gap analysis tool that leverages competency frameworks to identify talent gaps and focus training efforts effectively. The device can be used during recruitment or onboarding to determine the training required for new employees. The skills gap analysis tool assists in identifying employees ready for career advancement by recommending appropriate training for promotion or lateral moves.
LMS facilitates blended learning, combining various content types such as eLearning, videos, quizzes, and more. The approach allows businesses to offer compliance training, company policy presentations, and on-the-job skill development. By automating the recommendation of relevant training activities, LMS ensures learners continuously improve their skills. LMS goes beyond supporting new employees and existing staff skill development. It becomes an invaluable asset in talent retention and succession planning strategies. Businesses can create comprehensive succession planning activities that provide opportunities for upskilling and career development, leading to improved staff retention.
Celebrating achievements is vital in motivating employees to continue learning. LMS's advanced rules engine automates awarding achievements and customizing badges and certificates for completed activities, fostering a learning culture. LMS enables organizations to facilitate knowledge exchange by creating meaningful internal networks. Mentoring relationships, informal and formalized, can be enhanced through the LMS's mentoring function. Employees can connect with colleagues with expertise in specific areas, seeking advice and support for career development. Peer-to-peer exchange through discussion groups fosters collaboration and peer learning.
Knowledge-based hubs provide subject matter experts with a platform to share articles, help guides, and industry updates, encouraging a culture of continuous learning. LMS offers these functionalities and more, supporting businesses in achieving their organizational goals and scaling at their own pace. With self-service options, engaging learning experiences, and flexibility in creating learning pathways, LMS optimizes learning and development efforts, saving valuable time and resources. Investing in the right learning technology is crucial for businesses looking to retain talent, drive success, and thrive in a competitive market.