MAXIMIZING ROI OF LMS: MYTH OR REALITY?

Is investment into buying LMS for business development enough to ensure immediate high ROI?

NO!

LMS implementation requires investment into such things like:

LMS acquiring (license);

Learning environment creation;

Personnel education how to use it;

Management routine

and other things.

Then, is it real to maximize ROI (return on investments)?

YES

HOW?

Start from a small group and then little by little proceed to a full-scale usage.

Because there is a chance to reveal and fill in the gaps of LMS in terms of a small group, excluding large-scale mistakes by taking into account feedback and constant effectiveness monitoring by numerous means of LMS, such as reporting system and different LMS level access.

Monitor!

LMS reporting feature enables the LMS owner to see course completion statistics and individual learner’s progress.

This kind of information shows employees’ attitude towards the training and learner’s performance, thereby indicating whether an employee is worth keeping and investing money in.

Describe LMS learning benefits!

mentioning the qualification development and therefore career rise opportunities

Follow the trends

Everybody nowadays is online, sharing their thoughts, ideas, expressing opinions. Modern LMSs are compatible with Social platforms

Enrich the content you provide

Don’t limit your LMS to text only, add multimedia files, links to useful external materials, blogs and forums.

Thus,

Correctly organized LMS usage will not only maximize ROI, but will increase staff performance, results quality and will make the business process more effective, especially if the business is connected with customer service and management.

Visit the website to learn more

www.joomlalms.com

www.demo.joomlalms.com  

http://www.joomlalms.com/elearning/maximizing-roi-of-lms-myth-or-reality.html