Among the numerous benefits of Learning Management Systems (LMS), their ability to provide abundant data stands out. However, this data is often raw and requires analysis and optimization to be useful for decision-making, and that's where the LMS reporting feature shines.
For the uninitiated, the reporting feature in an LMS presents a systematic approach to organizing and viewing data on various aspects of training, such as user engagement, course competition, assessment, etc. Simply put, if an LMS helps conduct online training, the reporting feature showcases its effectiveness. It provides critical metrics to evaluate learners' performance and the success of the training initiatives.
This article covers in detail how the LMS reporting and analytics feature can benefit your organization and which reporting examples you must be familiar with. Continue reading!
Incorporating a learning management system (LMS) into your business brings along many benefits. It streamlines and enhances the entire learning experience and provides easy access to the learning material to both learners and trainers.
However, the benefits of training initiatives can be improved to a great extent if users have access to comprehensive, real-time reports. This is why it is one of the most sought-after LMS features when people look for a learning management system for their organization.
Here's how your company can benefit from LMS reports:
Ensures Compliance
Several industries and sectors, such as healthcare, manufacturing, and finance, require organizations to maintain compliance. Not adhering to these regulations may result in penalties and legal issues.
LMS tracking ensures that learners have completed the mandatory compliance training satisfactorily and that the training activities have been documented. It alleviates the risk of non-compliance as managers are better positioned to identify if an employee has skipped important training. Therefore, they can address the issue on a timely basis before a breach of conduct occurs.
Supports Data-Driven Decisions
By deploying an LMS with reporting functionality, you no longer have to rely on intuition and guesswork when making decisions. LMS reporting provides robust data related to training course effectiveness, learner engagement metrics, and overall employee training performance.
These insights prove to be highly valuable in making informed decisions pertaining to employee strengths and weaknesses, selecting team leads, and identifying what type of content works.
Improves Performance
LMS platforms are generally known to provide insights into employee performance as they provide access to certain performance metrics. Managers can then use this information to improve employees' performance by providing them with relevant training, thereby making them more valuable to the organization.
Provides Real-Time Access To Learning Data
With the LMS reporting feature, managers do not have to wait for the course or training to be completed to fetch data. These systems allow managers to generate real-time reports and access learning data at any time, even using their mobile devices, provided the system allows.
This way, they can identify any potential complication at the earliest and implement a timely solution.
Supports Long-Term Strategic Planning
LMS reporting isn't only about tracking immediate training outcomes; it plays a vital role in supporting long-term strategic planning. Using detailed analytics extracted from LMS reporting, companies can conduct a skills gap analysis and find areas for improvement across their workforce. Furthermore, robust LMS reporting provides insights into the effectiveness of training initiatives over time.
By deploying an LMS with robust analytics, you have abundant information at your disposal. However, the question arises: what key metrics should you focus on for the betterment of your team and the overall business?
Let's figure this out by taking a look at these most common LMS reporting examples:
To conclude, how much you can benefit from the LMS reporting features depends on the learning management system you have selected. Remember that not every platform has the same reporting capabilities. Therefore, you need to be very tactful when making your pick. And we can help you with this. Contact us at (661) 384-7070 and talk to our experts. They will provide the necessary guidance and help you make an informed choice.