Workplace culture and methods are evolving with leading technologies. So, why should workplace training stay back with old-age traditional techniques? A corporate LMS solution is embedded with leading-edge technologies and features that tend to future-proof your training programs for the near future.
With the embedment of the latest technologies, the corporate LMS solution makes corporate training a breeze through automation and smart systems, which help engage employees and deliver successful results.
If your organization is relying on the age-old traditional training methods and failing to grab employee attention, it’s time to switch to corporate LMS, which is the present and future of workplace learning.
You might be wondering how an LMS solution can revolutionize corporate training positively. If so, then this guide is the perfect answer to your question.
This guide will today take you through the major trends of corporate LMS that will shape workplace learning in the near future.
According to a recent study by Statista, “revenue of corporate LMS solutions is expected to show an annual growth rate of 5.81%, which will eventually result in the projected market volume of US$75.52 billion by 2029.”
Moreover, the same report states that “the user penetration is expected to hit 16.7% by 2029, and the average revenue per user is expected to be US$71.90.”
Such massive growth of the corporate LMS market is expected in the near future as the LMS solution will become an essential means for corporate training.
In these many years, corporate training has significantly transformed from hosting annual seminars and generic onboarding programs to delivering personalized training through corporate LMS.
And the major driver for this transformation is the fierce competition being taking place in the corporate world. The increasing competition has made it necessary for organizations to upskill employees, as it is said that “Training is not an expense but an investment in the human capital.”
However, in today’s digital era, employee training cannot be successful through annual seminars and generic onboarding programs. You might wonder why. Well, today, there is a global rise in remote and hybrid work cultures. In such scenarios, a one-size-fits-all approach will fall back on engaging employees.
And zero employee engagement = poor organizational growth.
That’s why it becomes essential for organizations to evolve the training programs, which becomes possible through adopting corporate LMS solutions, ensuring successful employee upskilling, eventually leading to effective organizational growth.
With the evolving training needs and goals, the corporate LMS solution must also transform itself to cope with rising demands. Here are the 7 major trends that will future-proof the LMS to support organizational growth and success.
Instead of delivering the same courses to each employee, regardless of their skills and department, what if you could create personalized courses based on their skill gaps and department? The corporate LMS solution will be able to deliver such customized training with the help of the leading technology, AI.
The future-proof LMS analyzes individual employee progress and identifies gaps to help you design personalized learning content for each employee.
Moreover, AI-powered analytics will help you analyze employee behavior and recommend courses based on their needs and preferences. Such personalization will help you boost your engagement rate and retain employees for the long run.
Employees feel overwhelmed on going through long, text-based learning material. Besides, text-based learning also fails to engage employees during training programs, ultimately resulting in the training programs’ failure.
This is where microlearning comes to the rescue. Microlearning breaks lengthy learning content into small chunks, which makes it digestible for learners to grasp different and complex learning concepts in small chunks in a practical yet efficient way.
For instance, microlearning will help the newly hired employee to have a small walkthrough of your CRM before their first client meeting.
With many organizations adopting remote and hybrid work cultures, it becomes essential for them to deliver consistent training sessions for all teams. Besides, due to their busy work schedule, some employees need flexibility in accessing learning materials according to their convenience.
A future-ready corporate LMS ensures convenience and flexibility in training through its mobile-responsive design. Besides, the push notifications and offline mode offer round-the-clock learning flexibility to employees, ensuring consistent and accessible learning for all employees.
Training leads to successful organizational growth only when every employee is adequately upskilled. And this becomes possible when you continuously monitor every employee’s progress.
The AI-driven, affordable LMS makes it happen through detailed data analytics. The data analytics tools allow trainers to track individual learner progress and engagement rates for different courses and also measure training effectiveness.
Such detailed analytics enable organizations to find weak points in particular employees and training programs, which ultimately helps in refining strategies.
Imagine your sales representative having real-time negotiation training through a lifelike customer simulation. This will not only help your sales representative gain practical insights about negotiation that will stay with them in the long run.
Moreover, the virtual training also helps the representative prevent mistakes in real time. Corporate LMS is embedded with AR/VR elements, which help organizations deliver hands-on experience to employees through realistic simulations.
Immersive training becomes an effective way to engage employees and helps provide lasting experiences that tend to stay with them forever.
In today’s competitive era, technical training alone is insufficient for organizations. Instead, organizations need to train their employees in every aspect, from soft skill development to leadership training. The traditional training modules do focus on just technical skill development.
A corporate LMS solution helps employees polish their soft skills like communication and emotional intelligence through real-time simulations and scenario-based training. The soft skill development modules allow employees to build a growth mindset, which eventually helps organizations have efficient growth.
Keeping employees engaged throughout the training sessions is always challenging for organizations.
Lengthy, text-based training loses employees’ attention due to their heavy workloads. However, training can be fun and interactive, which keeps employees engaged and motivated. And this is what the corporate LMS does.
The corporate LMS solution incorporates gamification elements such as quizzes, leaderboards, and badges, which give a competitive look to the training, ultimately helping organizations engage and motivate employees in a fun way.
Now that you have gained profound insights into how a corporate LMS solution is the future of workplace learning, here is a quick comparison between traditional and LMS-based training to help make a smart choice for your workforce.
Feature | Traditional Training | Corporate LMS |
---|---|---|
Mode of Delivery | In-person | Online |
Flexibility | Fixed time and location | 24/7 accessibility from any smart device |
Content Form | Text-based | Interactive, multimedia content |
Personalization | Generic courses for each employee, regardless of their skill set | Tailored learning paths for each employee based on their needs |
Performance Tracking | Manual and time-consuming | Quick and precise with AI-powered analytics |
There were days when training programs were not considered necessary for organizations. However, with the advancement in time and competition, upskilling employees became the ultimate necessity for organizations to have lasting growth and success. And in today’s digital era, trainings are digitized through corporate LMS solutions.
With the help of leading technologies like AI-powered personalized learning, bite-sized microlearning, mobile accessibility, data analytics, immersive learning, soft skill development modules, and gamification elements, corporate LMS not only imparts training but upskills every employee, which ultimately helps organizations lead the competitive curve with ease.
Contact us to discover how a next-gen LMS can transform training into real impact.