Business Benefits of an LMS (Learning Management System) in a Down Economy

 

Learning management systems (LMSs) hold high potential to provide business benefits in a challenging economic climate, and training executives know it. While 25% of respondents to Chief Learning Officer magazine’s January 2009 Business Intelligence Board survey reported being less optimistic regarding the coming year, up from 9 percent in 2008, they still gave LMSs high marks. The Business Intelligence Board survey reported that an LMS is potentially the single-most important learning technology investment for companies, making training more universal, reusable and standardized, and thus more cost efficient.

Recently, Chief Learning Officer magazine published a whitepaper describing how recent economic conditions are compelling more organizations to go online to assess, deliver and manage learning. The whitepaper includes a case study detailing how pharmacy benefits manager Express Scripts is creating business results using its on-demand LMS. The whitepaper is titled Business Benefits of a LMS in a Down Economy and can be downloaded online from GeoLearning’s web site.

 

Matt Lafata, HRchitect

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: