Exploring the Benefits of Performance Management System for Modern Corporates
May 31, 2023
Key Benefits of Performance Management Software for Corporate Training
May 31, 2023
Exploring the Benefits of Performance Management System for Modern Corporates
May 31, 2023
Key Benefits of Performance Management Software for Corporate Training
May 31, 2023
Blog - 22 Mar 2023 | 6 Min


Top Benefits of Performance-based Learning via Modern LMS

Authors

Anubha Goel

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In today’s modern era, the perfect learning universe comprises of modern Learning Management System (LMS), Learning & Performance Platform (LPP), and Learning Experience Platform (LXP). With shifting focus to deliver ROI-aligned and performance-based learning solutions, the role of LPP for modern corporates is also evolving. The robust performance management platforms offer personalized training content to meet pertinent needs.

The new-age LPP model automatically analyses skills-gaps based on KPIs and KRAs to deliver effective learning. The LPP:

  • Integrates with existing enterprise systems such as Customer Relationship Management (CRM), Performance Management System (PMS), and others.
  • Collates Key Performance Indicators (KPIs) and creates performance metrics tailored to varied training needs.
  • Analyzes KPI scores to create different rules to ensure the right kind of learning is delivered to intended audiences. Multiple rules are set and aligned to different learning actions, including performance assessment, notifications, and more.
  • Connects with external sources for KPI data and automatically analyzes the overall impact of training on workforce performance.

Today, the new-age LPP supports continuous learning delivery to boost engagement, retention, business ROIs, and performance. As most of the millennials demand technology-driven learning, the role of LPP is also improving. Let us discuss the top benefits of performance-based learning solutions delivered by modern LPP:

Improved accessibility

With an increasing demand for the continuous learning experience, the scope of just-in-time learning is also growing. A majority of employees are spread across different demographics, delivering training content across mobile devices becomes significant. As learners can undergo training anytime, anywhere, and on any mobile device, just-in-time learning serves as a viable choice for better content accessibility at the point of need. 

Greater impact and increased ROIs

The new-age performance management platforms follow a cycle of continuous learner evaluation. Firstly, the LPP integrates with enterprise systems to gather data such as job roles, KRAs, and others. Based on the pre-set benchmarks, the system identifies the skills-gaps as well as relevant online courses to close those gaps. The LPP creates performance metrics and automatically assigns related training courses that cater to bespoke needs of all. To measure the effectiveness of learning, the LPP continuously tracks course completion rates, monitors performance-based assessment, and trainer evaluations. Consequently, it results in improved learner engagement, workplace performance, ROIs, and overall training impact.

Collaborative learning

Modern LMS improves social collaboration by delivering ROI-aligned and technology-driven learning solutions. Employees working from remote locations can easily interact, share ideas, and seek expert advice through real-time discussion forums. As a result, social learning improves knowledge competency, engagement, performance, ROIs, and business goals.

Reduced skills-gaps

The new-age LPP also integrates with existing systems such as Human Resource Management System (HRMS), Customer Relationship Management (CRM), Performance Management System (PMS), and others. It collates Key Performance Indicators (KPIs) to identify skills-gaps and accordingly assign relevant training to bridge those gaps. The platform aligns learning to diverse training goals such as compliance, sales, onboarding, and others.

There is a gamut of benefits of modern LPP to ensure an effective training delivery. If you are looking for a robust platform which delivers performance-based learning solutions, then Tenneo (formerly G-Cube LMS) LPP can cater to your needs. We are offering a complete learning suite, which includes Tenneo (formerly G-Cube LMS) LMS, LPP, and Learning Experience Platform (LXP). The Tenneo (formerly G-Cube LMS) LPP supports innovative features including KPI modeler, Rule Engine, Automated Search, and more that perfectly align learning to performance. To know more about features and benefits of Tenneo (formerly G-Cube LMS) LPP write us to info@gc-solutions.net.


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