Is Your Existing LMS Really Effective?
The rapid expansion of online corporate learning has given rise to new hurdles for access, quality, and applicability. The ever-changing face of the technology and new requirements of the employees (especially Millennials) are asking for an upgrade in the existing LMS software.
Are you happy with your existing LMS? Is it robust enough to meet all of your organizational training requisites? Are you not in a mood to give your eLearning platform a paradigm shift by investing in the future-proof Learning Experience Platform (LXP)? If you've already convinced yourself to stick to your inept LMS, then this article might change your perception. After going through this article, you might consider upgrading your existing corporate learning software to Learning Experience Platform. Continue reading!
Before we proceed further on how LXP is changing the face of corporate learning, let’s first have a quick sneak peek on its definition.
What Is A Learning Experience Platform? Understanding The Basics
A Learning Experience Platform is the next-generation, learner-centric training software that is designed to provide the employees with customized training experience. Unlike a contemporary LMS, an LXP helps learners explore advanced training scopes from various sources. The successor of the LMS is capable of collecting and drafting content from an organization's internal training assets, recommend them and deliver the AI-enabled learning materials to the users. The LXP can seamlessly integrate any kind of authoring tools to engage corporate as well as industrial employees in an interactive environment. The new-age, eLearning platform sort of creates a collaborative learning environment for the learning audience. It boosts employees’ interest and motivation to hone their skills and know-how.
Why You Should Choose Learning Experience Platform
While digital transformation continues to disrupt various industries right from supply chain and transportation to healthcare and finance, this revolution has accelerated an irrefutable digital skills gap posing a threat to organizations across the globe. The thought leaders are consistently looking out for proven ways to bridge this rising gap.
The ultimate solution which they have found out is an effective corporate learning platform to empower their employees with adequate skills and know-how. That being said, even the eLearning solutions are constantly evolving. The first-ever online training software is vastly different from what is known as today the Learning Experience Platform. As they say, change is the only constant, the mode of training is also constantly changing so as to meet the requirements. Today's corporate learning software should be flexible and scalable enough to be personalized and modified as per the users' preferences.
Thanks to the mainstream internet and innovative solutions by LMS service providers, learners (especially the employees) are now connected across the globe. They can access significant training platforms from anywhere and anytime that would be otherwise unattainable. The eLearning programs are no more confined to demography, time and economic barriers. Moreover, the feature-enriched online training software now offers unlimited potential to curious, determined minds.
The bleeding-edge LXP today provides an ideal platform for enthusiastic learners to improve their skills and expertise quickly and effortlessly.
The corporate trainers are ingrained with the Learning Management System ever since its inception in 1997. This training tool has been quite handy to date. It took a giant leap in 2004 when SCORM was released and is constantly evolving since then with new advanced features like video units, self-tests, discussion forums, gamification, and real-time exercises to name a few.
Challenges With An LMS
However, advancements like these also come with their own challenges. Corporate learning platforms are often challenged by hurdles including uninterrupted access, applicability, automation, and improved user engagement. Without further ado, being an L&D professional, I strongly suggest you evaluate your eLearning strategies to ensure your employees are benefiting the most out of it. You should also ensure they are updated and adopt new skills on a regular basis to boost their efficiency level.
You should spearhead their communication skills apart from enhancing their social and emotional intelligence. They should be well informed about the latest developments in the technology and compliance standards if any. You can achieve this by taking your existing online training software to the next level by adopting the next-generation LXP. The future-proof Learning Experience Platform provides a different approach to corporate learning—for instance, even if the employees are quite tight on their schedule, they can still acquire a vast number of skills. They should be able to control their training process and can resume their training session even when they are on the go or right from their homes. The eLearning software should be well equipped with different interesting features like gamification [1], video tutorials, etc. It should be AI-enabled, so as to automate and reduce a lot of L&D admin's manual tasks.
Here is what Jude Novak, Founder of eCoach had to say,
"Artificial Intelligence will have a big impact in Learning Management Systems. It may be a buzzword right now, but AI really is set to start having an impact on the LMS space. By automatically evaluating a learner’s understanding of a concept, and adjusting their learning pathway to suit that level of understanding, AI can ensure that concepts are skipped when they are fully grasped by the learner, or further developed when not. It’s an automated version of what a great teacher does – evaluating the mastery level of each individual and giving them relevant content based on that. This is powerful because it ensures that all learners reach a strong level of understanding, without having to learn at the same pace. Initially, AI will only be available to large corporate companies as it’s so expensive right now. It really is at a stage of custom development, where algorithms have to be developed specifically to the business in question. In 2019, I think we’ll see some great AI-based LMS case studies from larger corporates, which will start feeding down into smaller businesses in 2020 and beyond, as the tech finds ways to scale." [2]
The best part of Learning Experience Platform is it can be seamlessly integrated into any system to meet the ongoing demands of learners. You can play with your LXP software by creating different channels or categories based on the training topics, employees 'skills and training objectives. You can also create dynamic social features, where users can share and rate content, leave feedback, receive acknowledgments and more. In short, LXP can impart a learning experience similar to that of streaming services offered by Netflix based on personalized recommendations!
Josh Bersin, leading researcher, and analyst in the field of HR, Learning and Technology had this to say,
“Employees and consumers now want bite-sized instructional content (now called ‘microlearning’). They want content that is very easy to find, and they want a User Experience that feels more like a search engine or a TV set, not a course catalog.” [3]
How LXP Is Driving Business
The major advantage of adopting an LXP in your corporate learning program is that it makes your workforce much more competitive. You can leverage the Learning Experience Platform to address your employees’ specific training requirements. It further helps you identify knowledge gaps and align skills development accordingly that meets your business goals. Furthermore, this futuristic corporate learning software helps you reduce your employee turnover. LXP offers optimal employee experience as employees can now undertake their training as per their pace and preference. The customized features keep up their interest level and they are motivated to finish off their course within the deadline.
Last but not least, Learning Experience Platform unifies teams by boosting collaboration. As we are all aware, increased collaboration leads to greater engagement and higher performance ultimately; LXP could be your one-stop corporate learning solution.
To Conclude...
The future of LXP is bright. The LXP market is estimated to reach $15.7 billion in the next three years. The onboarding and training program will be upgraded in the future with more developed custom-designed solutions. In the near future, we will be witnessing an evolved version of this training software, where it will be empowered by futuristic tools to enhance the speed of training. These tools will be flanked by digital transformation technologies including AI, IoT, AR/VR and cognitive technology to name a few.
So, do you still want to stick to your existing LMS or changed your mind to adopt LXP to give your workforce the best learning experience?
References:
[1] Learning Experience Platform (LXP) Market Grows Up: Now Too Big To Ignore
[2] Future of LMS: 7 Expert Predictions for 2019
[3] Corporate Learning Is More Important Than Ever—An Interview With Josh Bersin
