Top 5 Tips for Choosing the Best LMS in 2021
To stay ahead of the game, it is essential to adopt new ways of working. Either, you’re running an educational institution or a company that generates huge profit, it is necessary to upgrade the techniques for making it work.
People nowadays are employing every sort of technological innovation in their processes which reduce the efforts & cost. In simpler terms, the future is about technology & removing barriers. One of the disruptive technological evolution that has changed almost every industry is the Learning Management System. It benefiting different sectors in multiple ways including improved eLearning experience, maximized ROI, reduction in overall cost & many more.
You must have considered using LMS or maybe you already have one & you are thinking to switch to another for better results. The question here is how to choose the right Learning Management System which can do wonders for you?
Getting your hands on the best Learning Management System can be exciting but at the same time, it can be frustrating & confusing. An appropriate LMS following your business model will help you, train employees, through eLearning while increasing their capabilities. This new system does not only simplify but also speed up the entire process.
In short, choosing an LMS is not an easy task. If you only consider one aspect it may backfire. A system that is too difficult to understand & use can alienate learners & admins. Similarly, if a system that is too simple it can hinder the course creation & learning of the users.
Apart from all of this, LMS is the future of any business. It is considered as a strategic investment. With the market growing up so quickly, it is easy to get overwhelmed by the uncountable options available in the market. But don’t worry! To make your LMS hunt easier we have gathered 5 simple & straight forward tips. These tips will surely be going to help you in getting your hands on the best Learning Management System.
Let’s get started…
Step 1 Understand the Core Objective
Before indulging yourself in this hectic process, it is helpful to first get to know what you are looking for. The best thing is to identify your goals & objectives for which you are installing the LMS. This will give you a better & clear picture of your business needs. Not just this, by understanding the core objective you will somehow come to know what you are going to achieve. Once you have identified your ideal LMS, it will be much easier to find out the one that best works for you. There are other ways as well by which you can find the suitable LMS. But rather than scanning through all the available options, it is feasible to understand your business objective & then find one.
Besides, identify your audience as well. The reason behind this is, if the learning content is not understandable by the end-users it is of no use. Hence, it is necessary to identify the types of learners who are going to reap benefits of it. For instance, if you aim to train employees, you will need an LMS that formalizes the process. If compliance training is the focus, you will need a system that makes it easy to achieve, maintain & track compliance.
Step 2 Create a List of Features
It is a common practice, whenever you buy something in which technology is involved. You always create a list of features that must be there in that particular gadget. Similar is the case with LMS, it is a good idea to list down all the key features that your LMS must-have, the same as be aware of eLearning standards you need to follow and remember. Either it is a course of extensive safety training or simple reporting, creating a list of features makes it much easier for you to narrow down your available options.
Since it is a huge investment, be careful with your purchase. For whatever purpose you are buying LMS, make sure it serves that. If you are still not sure where to begin, start from the basic ones. LMS should be easy to use so that your learners & admins can use it without any difficulty. It must provide powerful reporting, so that you can keep the track of learner’s progressions and so on.
Step 3 Know Your Budget
Since this market is growing rapidly, that are numerous options available in the market. Some of them are extremely affordable & others may cost you much. After identifying your needs & key features, check which option falls in your budget. More likely you will find something in the middle of the two extremes. However, the best practice is to set the price points: an ideal price & the maximum price you are willing to invest. Now start looking for the LMS that falls between your set price points. Moreover, you need to look carefully because the LMS providers set the prices differently, you are supposed to find out the LMS that is worth paying.
Step 4 Evaluate the Vendors
Now that you have set your budget & established your need for LMS features. It is time to evaluate the vendors who are offering the same LMS you are looking for. Also, that can be Vendors, who provide you with off-the-shelf solutions or who can develop bespoke solutions adapted exactly for your business. The best way to evaluate vendors is to schedule a call with them and ask to define the features their LMS is offering. While listening to that compare it with your own list of key features. There you will identify whether it is a potential vendor or not. For evaluation, a short 15 minutes call would be enough.
You can also chat with them. In this manner, you will have a record & you can compare the offerings of all the LMS you are considering. Also, it helps in organizing your list. So, the systems that meet your needs best remain at the top of your list, and those which are not suitable can be dropped or eliminated easily.
Step 5 Live Demonstration
Once you are done with all the 4 steps written above, ask the vendor for a live demonstration. Before buying, a live demonstration or trial period is important. During your live session, you will come to know whether it is the right thing to buy or not. Of course, you do not want to invest your money into a Learning Management System which you haven’t seen working. However, most of the quality LMS providers will demonstrate about every feature their LMS possess, or they will give a temporary login to access so that you can explore it yourself. LMS is going to be a huge investment for your business, so there is no harm in giving it a little test drive.
Vendors, who develop custom solutions, can show you some examples of their previous bespoke projects, if it’s not forbidden by NDA, of course. Plus, you can review their case study/portfolio on websites.
Unfortunately, there is no one size fit all Learning Management System. Depending on your business need, you must figure out which will work perfectly. Keep this in mind, the best LMS for your European business will definitely not be the best choice for every business.
So, if you are looking for the right Learning Management System that meets your business’s challenges & expectations in a unique way contact us — we are dedicated in providing top of the line LMS customized for your business model.