As a small business owner, you know the importance of giving each task your best effort. From juggling multiple responsibilities to overseeing every aspect of your company’s operations, success requires focus and dedication. With so much on your plate, it can be difficult to find time for crucial employee training and development.
Fortunately, there is an efficient solution that can save both time and resources: learning management systems (LMS). These online platforms provide tools for managing employee education through course creation, delivery, tracking, and reporting, all in one place. This blog post will discuss the benefits of adopting the best LMS for small businesses, key features to look out for when choosing one, integrating live video streaming with your LMS, and more.
? Benefits Of LMS For Small Businesses
One major benefit is having access to quality content without breaking the bank. By utilizing numerous libraries available on these platforms, you avoid spending excessive time creating educational materials from scratch or paying costly consultants who would hardly deliver entirely satisfactory work. Also, thanks to its digital attributes, accessing content anytime, anywhere is much easier than traditional methods like paper-based manuals.
Another plus point is the flexibility offered by these systems. Your employees will appreciate being able to take courses at their own pace. This benefits everyone, including managers handling administration duties while keeping track of the progress report, depicting their strengths and growth areas. The convenience extends beyond self-pace too. They don’t have to leave the job site or even cancel existing plans with family and friends just because their courses are packaged into web-based presentations lasting only minutes. Small business owners who are used to meeting customers’ demands day in-day out would appreciate the ample room provided by online training sessions – time management no longer becomes such a bother!
Additionally, LMS software has built-in gamification capabilities allowing learners to earn points, badges, etc., making lessons interactive rather than going headlong into dry, written material. Employees look forward to upcoming tests. They learn something new daily, but more importantly, enjoy the process.
LMS & live video streaming? Key LMS Features for Small Businesses
One must-have feature is an endlessly growing training library packed with professional courses targeting challenging yet crucial concepts like leadership, customer relationship management, basic computing skills, etc. Small businesses can also cherry-pick topics that fit specific goals towards their overall upskilling plan.
LMS software should let small business managers be maintainers (but not necessarily creators) of the learning curriculum. Creative freedom enables you to tailor material to meet your staff’s needs best. However, as an administrator, there should be tight control over user access. You wouldn’t want doubts about employee data safety to riddle your mind whenever someone logs on!
Reporting functionality also allows insights into key performance areas. Such data empowers owners or executives to know what’s working and where they must pay extra attention. Ditching ineffective habits comes easily for people in power when backed by tangible results.
?️ Integrating Live Video Streaming with your LMS
Integrating live video streaming with your business LMS brings a new level of versatility to employee training and professional development. Seamlessly incorporating live streaming into your LMS empowers your workforce with real-time learning experiences. This integration allows live virtual training sessions, interactive workshops, and expert-led presentations that bridge geographical gaps and encourage active participation. Employees can engage directly with their mentors, ask questions, and collaborate with colleagues, all within the familiar LMS environment. The recorded sessions can serve as on-demand resources, ensuring continuous access to valuable content. Integrating live video streaming with your business LMS enhances training effectiveness, promotes knowledge retention, and contributes to a more agile and well-connected workforce.
OneStream Live is a cloud-based live streaming solution that allows multistreaming both pre-recorded and real-time videos on 45+ social media platforms and the web simultaneously. This means you can embed your corporate trainings, workshops, presentations, and any other online sessions on your business website, official social media handles, forums, blogs, or anywhere else on the web.
? Pro-Tip: Select a live streaming platform that offers integration options with LMS software. Platforms like Zoom, Microsoft Teams, Google Meet, and OBS Studio often have integration capabilities.
?Advantages Of Using an LMS For Small Businesses
Cost-effectiveness tops the list. With many options available for reasonable fees, it becomes possible for even bootstrapped operations to scale rapidly. Most chargeable online systems are pay-as-you-grow with payment models devoid of undue landlord-tenant relationships alongside fewer HR personnel since fewer resources would tirelessly create costly intellectual dossiers spanning numerous years at once. You can vet new hires and manage the existing workforce with a few clicks and a solid bunch of intuitive templates incorporated into the LMS.
User engagement skyrockets due to interactive modules. Thorough concepts, explanations, and deliverables make sure employees’ buying-in journey. Learning happens easier thanks to the tools as well. Unlike traditional methods, these sessions also tend to occupy minimal time, guaranteeing engagement and having a long-lasting impact.
?️ What to Consider When Choosing an LMS for Small Businesses
Selecting the most effective LMS requires some homework. Services riddled with bugs and a horribly performing interface must be shunned at all costs. Strong security protocols ensure that sensitive employee data and important operational details do not fall into the wrong hands. Another very valuable resource is customer reviews on popular tech sites. Consider opinions from other users before making a choice. Also, platforms possessing inbuilt technical support systems offer even better value for money by providing resourceful tips to becoming the educational backbone of your business growth!
? Take a Development Leap with LMS for Small Businesses
In summary, if small business owners opt to forego an LMS and persist with makeshift training programs, it can risk profitability through uninformed risks taken repeatedly on intuition. Prospective clients are already gravitating towards better-informed competition. Neglecting the chance to develop solid and cohesive skill sets, readily nurtured through online resources, will lead to more significant setbacks when growth and progress suddenly halt. Hence, choosing the right LMS system can seem daunting; but the impact of fully integrating it will surely outweigh any initial concerns.
OneStream Live is a cloud-based solution to live stream across 45+ Social Media Platforms and the web simultaneously. For queries and feedback, Live Chat with our team or write to us at content@onestream.live. You’re also welcome to Write for Us!