External hiring for an open position can cost businesses an average of 1.7 times more than promoting internally. Inside recruitment has non-financial benefits too ー promoted employees often feel dedicated to the company, usually resulting in better performance and a longer tenure. But before employees get promoted to higher positions, they have to learn the skills necessary to fill those roles.
That’s where a learning management system (LMS) comes in. An LMS provides on-the-job skills training that your employees need to continue to develop as professionals. Creating a learning management program is a worthwhile investment for any business with an eye to the future. Cloud LMS vendors in particular help those businesses develop their future leaders.
If your business is in the business of eliminating skill gaps and training your employees for the future, take a look at one of the top cloud LMS vendors:
Docebo is a cloud LMS platform that’s used by all types of businesses, from startups to enterprises, from corporate to nonprofit. The Docebo platform has a fairly unique pricing structure, in that they allow you to have unlimited users, but you only pay for your active users.
In addition, you can upload and share your various training materials to the system so your employees can start learning. You can upload all types of content, from videos to PowerPoints to multimedia courses. Docebo also allows you to customize the system with your logo and brand colors if you so choose.
Cornerstone Learning’s cloud-based software helps your employees learn by targeting specific skill gaps. Rather than randomly assigning courses, the software takes into account what each employee can do and what they need to learn, assigning courses accordingly.
Cornerstone combines the best of both worlds in its cloud LMS by providing both instructor-led training and self-paced learning. The eLearning environment is great for keeping employees engaged in their learning, as it’s accessible on your mobile device. So no matter where your employees are, they can tune in and continue their development.
Litmos LMS is one of the more user-friendly cloud LMS systems out there. It features a fully responsive, intuitive user interface that even the least tech-savvy employees can navigate. The system is also one of the best for increasing employee engagement. Litmos offers game-like features, such as achievements, points and badges, to make learning fun for users.
Litmos is a great choice for multinational businesses thanks to its multi-language support, featuring 22 different languages. Like most cloud-based solutions, Litmos is also available as a mobile app on iOS and Android devices.
The TalentLMS system allows you to build your eLearning courses in minutes and easily repurpose old content. You can also design your own certifications that include compliance scenarios and recertification standards.
Need to find out how your employees have been progressing? TalentLMS provides a simple reporting feature that includes analytics about everything that happens within the system. Additionally, TalentLMS has support for SCORM and Tin Can, a.k.a. xAPI, standards.
One of the biggest advantages of UpsideLMS is its ability to integrate. Thanks to an AES-secured API library, you can seamlessly mesh your online courses with your various other software. UpsideLMS also allows you to track external certifications within the system. In other words, if your employees gain a certification outside of UpsideLMS, you can import and track it within its External Certification module. That way, your employees can avoid taking unnecessary coursework.
Upside’s cloud LMS also provides eLearning forums and communities that your employees can use to collaborate, ask questions and help others. This module helps take your employees from learners to full-on students.
What makes Grovo’s cloud LMS unique is its focus on microlearning. Microlearning involves providing content to your learners in small, very targeted doses. It’s great for Millennial employees who typically have shorter attention spans. If your company has a lot of talented Millennials, Grovo LMS may be a great system for you.
Grovo comes with a library of lessons on things like soft skills and management that you can pull from, so you don’t have to develop your own learning content. Of course, if you want to create your own courses, it includes a course builder as well. The system also comes with an insights dashboard that you can use to track your users’ performance and progress at any time.
The Halogen TalentSpace Suite is exactly that — a suite. It’s not just an LMS, but also a performance management system, succession planning software and a recruiting/onboarding system. Businesses that carefully align these HR-related strategies may want to give Halogen a look since all of these systems are in one place.
When it comes to its cloud LMS platform, Halogen is a great tool for managers. It provides capabilities that allow managers to get involved in their team’s learning, becoming more coach than manager. Additionally, Halogen helps you create smart learning paths based on the capabilities of not only the individual but the team and your business as a whole.
Much like Grovo, DigitalChalk has an accessible course library of content, in addition to a course builder. You can combine your employees’ training by using the library and your own courses, or you can have them use one or the other. If you choose to build some of your own courses, you can do so with all types of content, such as video, audio, PowerPoint, Keynote, pictures and more.
DigitalChalk’s cloud LMS was developed for easy integration with other software, so you can manage your data easier. Some of the most important systems they can integrate with include talent management systems, CRMs and back office systems.
The right learning management system for your business can enhance the talent of your workforce, whether or not internal promotion is the immediate goal. The introduction of new lessons via an LMS will ensure a shared skill set for all employees, resulting in streamlined collaboration and a more capable organization overall.