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