Updated: Apr 25, 2021
Successful companies tend to focus on growth and development as part of a long-term strategy. Growing competition, combined with increasingly complex work environments and industry regulations, have shifted corporate training from a luxury to an essential employee offering. And, given the fact that employees are the driving force of any business, comprehensive and ongoing training is one of the best investments a company can make.
In the past, the only real corporate training option available to most organizations was in the use of in-person, classroom-based training. But in recent years, the introduction of powerful and affordable cloud-based technologies have made online learning, or “eLearning” a preferred training option for most businesses.
The Benefits of eLearning for Corporate Training
The Internet has transformed the way corporate training is conducted today, making it more convenient and cost-effective than traditional, classroom-based training. In addition to eliminating travel and hardcopy materials costs, some studies show that eLearning can require up to 60% less employee time than learning the same material in a classroom-based approach.
eLearning also enables a great deal of flexibility as it allows employees to conduct their training activities any time and from any place that is convenient for them. All that is required is an Internet connection. This flexibility ensures that employees can access the critical training data they need, when and where they need it.
And unlike classroom-based training, many eLearning technologies offer detailed reporting and analytics regarding user engagement, progress, and success in your corporate training programs. The review of this data can help determine the effectiveness of your program and determine when and if any changes should be introduced.
Learning Management Systems for eLearning
The core technology that supports all types of eLearning programs, including corporate training, is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, manage, and track your eLearning-based corporate training program.
While some companies choose to “stand up” an LMS on their own servers (self-hosted) it is more typical for an organization to access the features and capacity they need through a cloud-based LMS provider. This approach eliminates the need for a large, up-front investment in software, hardware, and other infrastructure and shifts the responsibility for the ongoing management and maintenance of the system to the cloud provider.
From an LMS architecture perspective, an increasingly popular approach is to work with a vendor who can provide a multi-tenant offering. Multitenancy is well-suited for corporate training as it allows you to “spin up” dedicated instances of the application to support your various training audiences, such as employees, customers, and partners.
Corporate Training Content for You LMS
For many companies, one of the major challenges in implementing a corporate training program is in developing or gaining access to the eLearning content and courses they need to build an effective program. Fortunately, some LMS providers include access to training content as part of their offering, this providing a complete end-to-end corporate training solution.
LMS Portals: Learning Management Technology and Corporate Training Content
At LMS Portals, we provide our clients with a cloud-based, multi-tenant learning management system that allows you to launch and manage a dedicated eLearning environment (portal) to support each of your unique training audiences. Using our platform, you can launch new instances of the application on-demand. Each portal can be uniquely branded and includes its own rapid course development engine, along supporting tools for user onboarding, learner collaboration, analytics, and more.
We also provide our clients with access to more than 130 (and growing) corporate training courses, covering areas such as human resources, leadership development, management, sales and marketing, and other in-demand training topics.