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Selecting the right Learning Management System (LMS) is crucial for effective employee training and development. An LMS serves as an electronic tracking system and a central hub for organizational knowledge. With over 100 vendors available, it's essential to consider several key factors: envision the post-implementation landscape, identify the content delivery strategy, measure ROI, choose the right hosting location, establish a blended learning approach, assemble the right team, ensure compliance with standards, assess integration capabilities, evaluate reporting needs, and check for built-in tools.
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What is an LMS? • LMS stands for “Learning Management System” • Electronic Tracking system for managing employee Training and Development • “Knowledge and Training Center” for your Organization • Key piece of the employee On-boarding process • Lots of choices – More than 100 LMS vendors out there
Number 1 Vision What’s the company look like after a successful implementation?
Number 2 Content What are we teaching? How will we build/buy/partner to get the content available to our learners?
Number 3 ROI How do we recoup our investment? What are the pain points we’re addressing? How do we measure ROI?
Number 4 Location Software as a service? Behind the Firewall Implementation?
Number 5 Blended Approach What mix of E-Learning and Instructor led training will be used? How does the LMS support ILT?
Number 6 The Team Who’s on the team? Who are the stakeholders? Who runs the software?
Number 7 Standards Do we support SCORM and the other standards? Are there other standards we need to adhere to for our regulating body?
Number 8 Integration How does the software integrate with my existing infrastructure? What data does it need to feed to other applications?
Number 9 Reporting What data do I need to analyze the effectiveness of my initiative? How hard is it to produce? Do I need to satisfy a regulatory body?
Number 10 Tools Does the LMS have built in tools for creating content? Ad-hoc reports? Learning Paths?
Contact Us • Dave Geoghegan (daveg@knowledgextensions.com) • Steve Case (scase@knowledgextensions.com)