Competency in an employee is quite valuable, particularly in the modern global workforce. A company has very little chance of expansion or long-term profitability without strong, competent personnel.
Competency standards are essential more now than ever. Companies must make sure that all employees uphold these standards. This determines a company’s survival and legacy.
In this article, we are going to dwell on what LMS-based competency training is and the four types of LMS-based competency training.
But before we move further, let us quickly go over what is LMS and how it benefits an organization.
What Is LMS?
A learning management system (or LMS) is a software program that offers the framework for managing every bit of the eLearning experience. It is where you store, present, and evaluate your online training content.
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Although it is most frequently referred to as an LMS, terms like training management system, learning activity management system, or perhaps a learning experience platform (LXP) may also be used.
Top Elements Of An LMS
The following are some essential elements that an effective LMS has:
- Accessibility: Complying with online content accessibility rules is only one aspect of making eLearning accessible. In an era when most of us rely on online courses, it’s important to provide training materials that foster the best eLearning experience possible for all.
- Artificial Intelligence (AI): An AI engine hidden inside an LMS helps tailor the learning experience for every learner by recommending courses with themes related to those already studied and proposing course styles that are most suitable for them.
- Consolidation of the platform: Few things are more annoying than having to manage multiple systems for various use cases and pay for various digital platforms. By combining all of the business use cases into a single LMS, you can consolidate your platforms and save time, money, and unnecessary hassle.
Benefits Of Using An LMS
- Savings: Employers who provide training and instruction through an LMS travel less, get the most out of their training budget and time, and spend less on facilities and instructors. An LMS is a no-brainer in terms of cost reductions.
- Training consistency: As an LMS is centralized, it provides consistent training and course delivery. It provides a single source for information, online training materials, and instructions, ensuring that all employees receive training that is of a consistently high standard.
- Records learner improvement and achievement easily: LMSs enable the business to quickly produce training reports at the customer or employee level. Online instructors may easily track progress, skill gains, ROI, and more by using an LMS for online training.
- Meet compliance with regulations: For the purpose of compliance, several businesses may be obliged to train, evaluate, and report. Medicines, telecommunications, and manufacturing are just a handful of these sectors. You can fulfill these regulatory and legal standards with the use of an LMS.
Now that we know what is an LMS, let’s understand the concept of competency-based learning and how we can leverage an LMS for the same.
Understanding Competency-Based LMS
The best approach to describe the unique abilities that an individual needs to have in a given area is through competencies.
An eLearning strategy that would eventually lead to compliance with the skills required in, say, a job role must have been established beforehand for the instructor and employees. To accomplish these goals, a competency-based LMS is an excellent and surefire approach.
You can efficiently arrange a system for employee development with the aid of a competency-based learning management system. Furthermore, you can go for ideal LMS hosting that reduces your server management hassles.
For this to succeed, there must be training requirements. These requirements may include tests, assignments for a particular position, or any other form of activity outlined in the learning plans.
This functionality benefits both the instructors and employees by fostering and accelerating their professional development. It aids in defining and managing each person’s or work group’s competencies.
Prior to moving on to the next phase of training, competency-based learning’s major objective is for learners to prove their proficiency in a certain area.
4 Ways An LMS Supports Competency-Based Employee Training
- Employees may pace their own training: Self-paced courses and training sessions increase the likelihood that the employees will master a skill. Users are more inclined to master a skill if they have some sort of autonomy over the speed at which they learn it. Employees can do this, thanks to an LMS. With an eLearning system, customers may choose how quickly or slowly they wish to study while online instructors manage and monitor the training sessions.
- It encourages collaboration because business leaders recognize its value: Leaders are aware that it is crucial for the success of their businesses. An LMS is perfect for encouraging collaboration because it typically comes with social learning elements, which are especially useful for fostering a collaborative culture, as well as interactive learning tools like personalized calendars and notifications or alerts.
- It makes information sharing easier: The employees at the most prosperous companies frequently openly exchange knowledge. When a company introduces a fully functional learning management system, this occurs organically. Peers can effortlessly share and receive knowledge via social networks, participate in video conferences and calendar management, and talk online in real time with the help of a social learning management system.
From the bottom of the organizational hierarchy to the peak, every employed person has significant things to give. They can share their skills of learning and knowledge with other employees with the help of an LMS.
- It provides educational paths: Some businesses demand that staff obtain certification in particular competencies. This is the best technique to guarantee that employees fully adhere to the company standards of performance and behavior.
Companies should think about establishing an eLearning system with learning path features if they wish to manage certifications effectively. Learning paths give teachers the ability to design a specific sequence for delivering the modules and materials needed for certification.
A learning management system (LMS) is an online learning platform that offers self-paced learning options including competency-based education in addition to time-bound programs.
In this article, we learned about an LMS, its elements and benefits, and how LMS can foster competency-based learning.