quoted from Brandon Hall newsletter
RETURN ON INVESTMENT
Used to its full potential, an
LMS provides a decision support system that can be used to help an organization
execute on its business strategy and manage organizational change. Here are
a few ways that organizations are using LMSs to deliver business value:
New Product Rollout:
Enabling the speed to market of new products may be the most compelling business
use of an LMS today. The goal is to ensure the quality and consistency of
the sales message delivered to customers. By using an LMS to track the delivery
of new product information and training to the sales force, for example, a
sales manager can make sure that the sales force is getting exactly what they
need to be effective.
Mergers and Acquisitions:
A KPMG study reported in "The Economist" noted the difficulty that many organizations
have in delivering shareholder value after a merger or acquisition. More than
half of the corporations studied actually destroyed shareholder value. Reasons
often cited by experts include the lack of adequate attention paid to integrating
employees and their competencies across the two organizations, pre- and post-merger.
In the past, many of these things have been handled informally. By using an
LMS, though, an organization can move from an informal integration process
to a formal one.
ERP Implementation:
Not unlike a corporate merger, an enterprise-wide ERP implementation (or re-implementation)
can be one of the most demanding events that an organization must go through.
An ERP implementation touches every business process and can distract employees
from performing their core functions and responsibilities. Thus, speed and
quality of implementation are key issues.
Compliance/Regulatory:
Some organizations use LMSs to help manage the process of regulatory compliance.
Often, the goal is to manage risk and avoid the liability consequent from
noncompliance, and LMSs are well-suited for this purpose.
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