5 Must-Have Features for a Modern LMS

The modern-day corporate workforce is stepping into a new digital reality driven by three powerful aspects: collaboration, communication, and coordination. In this continuously evolving digital landscape, we need constant upskilling, dynamic people management, and effective training. Whether onboarding new employees or training existing employees, a comprehensive modern LMS (learning management system) has been one of the most beneficial tools in an organization. While managing a constant state of flux and helping key stakeholders in an organization to speed with tasks such as compliance, upskilling, and social learning, an LMS is a savior.

The benefits of building an LMS are aplenty. Firstly, it facilitates seamless communication even in a remote setup through robust collaborative capabilities. Secondly, it naturally enhances employee productivity, thereby contributing to a better ROI, enhanced tracking and performance management, reduced ownership costs, and up-to-date data and regulatory compliance. In short, a robust LMS helps you automate tasks, improves tracking and reporting, and offers a one-stop solution to several corporate bottlenecks of today’s modern workforce.

Companies that offer corporate training programs are set to get a 218% higher income per employee and a 24% higher profit margin than those that do not. However, corporate learning is changing. A shift from instructor-led sessions and in-person training to LMS has been made. This allows a more ‘anytime, anywhere’ approach. Be it a small or big enterprise catering to a wide range of industries, deploying an LMS for your business will do you a world of good. In this blog, let’s explore a few beneficial features when you are narrowing down on the best-fit LMS for your business!

How to Choose a Modern LMS

Deciding on which Modern LMS best fits your needs is crucial to the success of your online training strategy. However, finding the best one can get tricky in a swamped digital world with several options. Here are a few steps to make your decision-making process easier as you navigate the task of finding the best-fit LMS.

1. Research and understand your audience’s needs clearly: Whether you are setting up an LMS from scratch or looking to replace a redundant LMS, it is important to identify what you need from your LMS and whom your learning content is aimed at. Analyze your learners’ needs deeply and narrow down the type of training you need to deliver. If you aim to train internal employees, an LMS that streamlines and formalizes regular corporate processes such as employee onboarding, internal training, and upskilling will be useful. On the other hand, if compliance training is your goal, you’ll probably need an LMS that helps achieve, update, and regularly track compliance.

2. Identify the must-have and good-to-have features: If minimizing the learning curve for employee training and onboarding is your primary objective, your LMS should offer features that drive a simple, intuitive, and easy-to-navigate user experience. If more complex functions such as reporting, analytics tracking, and compliance management form the core of your organization’s overarching business goals, then an LMS with a robust reporting tool would be your best bet. List features such as third-party integration, device compatibility, and availability of learning portals, and categorize them into basic and advanced features depending on your business’s demands. This step would help cut out the fluff and help you focus on your needs and investment costs, thus putting things in perspective.

3. Zero in on the type of LMS: Now that you have identified your audience and the features and functionalities you’d like in your LMS, it’s time to decide whether to invest in a cloud-hosted, open-source or SaaS LMS.

Choosing the Right Features for Your Modern LMS

1. Mobile learning: Since any time, anywhere accessibility is a significant aspect of today’s digital learning, enabling your LMS with a mobile learning feature helps offer the benefits of flexibility, better engagement, and faster course completion rates.

2. Personalized learning: Learning is a fluid activity, and every learner has their own pace and style of learning. Personalization is a key feature that forms the core of a successful corporate LMS. It’s given that each learner has their own set of interests and learning capabilities; therefore, a good deal of personalized learning contributes to better learning outcomes.

3. Multimedia support: Plain vanilla content no longer sustains interest, especially within corporate learning contexts. To retain a learner’s interest and have them take up a course, several visual aids and multimedia go a long way in building better attention spans and creating successful learning outcomes. Not just that, an advanced LMS can even consider having built-in gamification tools, thus offering multi-sensory engagement. For example, badges, points, and leaderboards are useful in motivating corporate learners to perform better besides enhancing their workplace productivity.

4. Strong integration and easy installation: A corporate LMS that is easy to install on your servers, private cloud, or other enterprise-ready servers is a big plus, given that it integrates with existing infrastructure and directly translates to cost savings.

5. Built-in content authoring: Robust content authoring tools built into an LMS help create a diverse range of content that caters to various learners, thus offering a versatile yet comprehensive learning experience.

Why Skill Lake is the Perfect Modern LMS for Your Business

Skill Lake is a scalable, cost-effective, and learner-centric LMS that delivers an integrated learning experience. Built with a wide range of features, such as content authoring tools, secure infrastructure, and easy integration, It is poised to improve organizational productivity, enhance learning efficacy, and drive successful learning outcomes. 

Skill Lake empowers businesses to create an employee-centric learning culture by offering a diverse training experience through interactive learning (live webinars), instant feedback (guided tests), self-paced learning, gamification, and other unique features. Revamp the learning experience for corporates with a robust LMS platform like Skill Lake that is designed for the modern workforce.

For more information on how Skill Lake is your best fit, find out yourself by requesting a demo, and we’ll contact you soon.