Modern business world has taken a step forward by embracing the online training programs in their organisations. Earlier, when most of the organisations practised the traditional training method, the learning outcome was low. Bulky assignments and project reports were dull and uninspiring - for both educators and employees. With the inclusion of technology for delivering knowledge, corporates have become smart and well-informed, in terms of subject matter and skills. Today, organisations are looking for cost-effective measures to safeguard their assets and savings. A reasonably priced LMS or learning management system would definitely help in reducing about 20-30 percent of the cost employed to train the employees.

LMS is a simple system, wherein the user needs to login to the learning management system and choose the appropriate training program from the given set of the catalogue. This system keeps a track of all the activities of the learner and records his or her progress. The e-learning programs are not only cost- effective but also help in tackling problems such as lack of space, trainers and time. It is an interactive medium, wherein the users can do a lot by himself without the involvement of the trainer. The users can check their scores and transcripts, and also send notifications. E-learning programs manage the learning of the corporate, starting from preparation of the training calendar to designing pre- and post-test assignments for them. The evaluation and report generation is also carried out by learning management system.

The reach of e-learning programs is wide and a lot of users can use and utilise these training programs together. One can easily access the training module any time. Good news for the industries is that the content for the training module can be customised as per their needs. The content is developed in such a way that trainees are able to relate to the content and implement the learning in their daily routine. Banking and financial industries, life sciences, retail and software & IT education have successfully implemented these e-learning training process in their organisation and are reaping huge benefits from it. Moreover, one of the prime benefits of the online training programs is that it is rapid and gives fast results. There are various tools, with the help of which, the immediate training needs of the companies can be solved. Product trainings and technology related trainings needs to be updated constantly and rapid authoring tools help in catering to these needs of the companies. As learning is induced through social media and mobiles, more and more trainees are benefiting from it.

Author's Bio: 

Gireesh Sharma is an author writing on Human Resource Management. His expertise includes Learning Management System, LMS and other Learning & Development matters.