Training Management VS. Learning Management
Both of them are meant to serve training needs but in distinguished ways from each other. One is focused on organization whereas the other focuses on learning.
Training Management Systems streamline the pre-classes and post-classes administration processes.
Learning Management Systems are designed to create e-learning courses, deliver e-learning, track progress and manage content.
Training management systems manages, streamline and optimize the back-office efforts for instructor-led training and virtual instructor-led training processes ILT/VILT. They also track and sell training.
Training Management System is responsible for:
- Administrator for training needs
- Tracks and sell training
- Rela-time cost-tracking
- Forecast financials (budgets
- Manage logistics and resources
- Handle ILT/VLT
- Manages training plans
- Offers real-time KPIs
- Monitor sales and profitability
- Customize reports
- Training plan and catalogue
Learning Management System is responsible for:
- Enrolling students
- Online course planning
- Course design and delivery
- Assessment of performances
- Uploading the courses
- Blended Learning
- Live Video Presentations
- Tracking through learning path reports
- Learning item reports
- E-commerce reports
- Security towards data integration
- Certification tracking
- Multiple course delivery formats
- Variety of installation modes
- Supportive to other applications
- Single Sign-On solution
- Protection of sensitive data through on-premise and cloud-based hosting
- Test scoring
- Mobile Accessibility
- Competency Management
- Training Metrics
TMS vs LMS can be called as back-office administrator vs front line administrator, as their all over objective is same but the areas they focus on, are different.
Many of the LMS platforms support ILT/VLT courses. Also, LMS do have learning track path to track learner’s progress through reports and several features to play the role of an administrator like TMS.
Adoption of LMS as a revolutionary tool
Learning Management Systems touched a remarkable rise in terms of acceptability and popularity mainly in education industry. During pandemic period Learning Management Systems made the universities and schools feel like home. Researchers found out that 90% of the student prefer e-learning over traditional classroom training methods. The personalized approach of e-learning attracts educators as well as students towards adapting the LMS. It came into notice that approximately 49% of the students have opted for at least one form of online course. LMS market seems to grow at a higher rate by virtue of its competitive features and potential.
Other than education, hospitality, healthcare service providers, insurance companies, franchise business, legal business can utilize the capabilities of learning management systems in the next years. Why these sectors? Since, they need to provide service without fail, a single flaw can hamper their jobs as the service delivery is the biggest priority for them.
“LMS Market is going to reach 224 Billion USD from USD 9.2 Billion, till 2023, according to a research.”
What should be a better choice for training the employees?
LMS as a disruptive tool, is gaining the attention from education sector and corporates as well. Since it complements employee skill and development plans well and re-energize by raising the employee engagement percentage. The investment in LMS does not only offer the employee benefits, it comes with bunch of benefits for business itself. Implementation of LMS increases morale of the workforce and influence their performances with better learning. In long-run, it can be counted as an advantage for the organizations who choose to invest in LMS. This is how, it’s a two-way growth.
Why LMS is convenient over old-traditional training methods?
Apart from catering to training needs through mobilized e-learning, learning management systems track and evaluate performances each time which saves time. Again, an advantage to HR people as they can get rid from repetitive and complicated tasks of managing and evaluating bulk reports. Talent Management has become easy with automated tracking of LMS.
Using old instructor-led training methods can be a choice but they seem to affect workplaces as these are time-consuming and not available in variety of modes handy to carry everywhere. For remotely working culture e-learning seems favorable to setup a smooth communication, learning and accelerate digital adoption.
There is another exciting thing about modern LMS sellers that they are offering their tools at affordable prices. It’s a plus for mid-sized and small organizations to accommodate this disruptive tool without causing any financial drains to themselves.
Since, this investment is going to cost average but it’s going to pay more through ingraining knowledge and catering to the employee needs.
Advantages of equipping workplaces with LMS:
- Ensure smooth onboarding experience
- Communication between co-workers
- Uninterrupted training flow
- Serves in the moment of need
- Improve listening skills
- Accessible in web, desktop and mobile
- A time-saving help to learn process flows without spending time in boring classroom training sessions
Implementation went well! However, regular check-ins have to be considered of high importance anyway, in order to check any technological defects in the system. Among newly hired workforce, frequent communication cannot be avoided, no matter what training methodology is being offered to them.
Also, before opting a deal, one must look at the functional efficiencies of the software. Take a look at the interface, mobile friendliness, scalability, multi-tenancy, third-party integrations and reporting tools in the software.
Anticipation from LMS is higher in the upcoming years due to its technological innovations and extraordinary benefits of enabling a complete virtual place to connect and learn. It is projected that a number of trends can be observed in LMS within the next few years such as transformation of Learning Management System to Learning Experience Platforms (LXP), MOOC platforms, mobile learning. MOOCs are the online courses to enable students to learn remotely with flexible arrangements and affordable learning and career development.