Guide to Learning Management Systems
We live in a knowledge economy. And what’s the currency of choice in a knowledge economy? You guessed it, learning.That’s exactly why businesses of all shapes and sizes need a strong learning and development strategy to stay competitive and navigate ever-shifting market trends. But how can you effectively create engaging and valuable learning experiences without breaking the bank?Enter— Learning Management Systems (LMS). These learning platforms help organizations foster a culture of continuous development and learning. Our ultimate guide covers the fundamentals you need to know before investing in an LMS. We’ll break down:- What is an LMS?
- How an LMS is different from an LCMS and a CMS
- The benefits of an LMS for your business
- Common use cases for LMSs
- Key LMS features
What is an LMS?
A Learning Management System (LMS) is a software platform used to plan, deliver, track, and evaluate learning in an organization. It’s typically used by businesses, higher education institutions, and non-profit organizations to manage training activities. An LMS consists of two main parts:- A server that holds the application and the learning content
- A user interface that instructors, administrators, and learners operate
- Named active user model: This is the most common model, where you pay the provider for a set number of users whether or not they log on. In the “usage” variation of the user model, organizations pay by the user when they first log in.
- Registration model: Where you pay according to the number of learners who log into the LMS or buy content or earn a certification.
- Product-based model: This Means that you pay per online course listed in the LMS for sale.
- Unlimited license model: This suits large enterprises best.