Articles

Discovering Ways that Drive Increased ROIs & Business Productivity Through an Enterprise LMS

by Anubha Goel Senior executive
Today, businesses are becoming more mobile, social and collaborative, thereby changing corporate learning in ample ways. Training initiatives have to often extend beyond the confines of the organization and create an effective, relevant and continuous way of learning. The latest trend is e-learning for extended enterprise, which is a program to train audiences outside the organization. An extended Learning Management System (LMS) used by businesses helps to boost growth, drive revenues, expand the reach and attain competitive success. It serves as an effective tool used to sustain the communities of customers, resellers and partners, by imparting an incredible learning experience.
Enterprise LMS
Investing in extended enterprise learning is a hallmark for leading organizations and it is completely paying off in a great way. Organizations also expect huge sales of their primary products and services, along with loyal and more satisfied learners. An extended LMS not only shares the basic functionalities of an enterprise learning platform, but also includes the essential features to cater to the bespoke needs of external audiences. Let us discuss some of the ways that drive increased revenues and workplace productivity with an extended LMS:

Sell the content effectively 

One of the crucial things that an extended learning platform must do is to effectively sell the content to individuals and organizations. Training material in the form of conferences, kits, assessments, quizzes, guides, webinars and more can be sold to the target audiences to drive a complementary stream of revenue for the enterprise. 

Effective onboard training for partners 

Once the organizations have an external workforce network, it becomes crucial for them to impart training which helps partners reduce the onboarding time of new hires. The quicker partners sell their products, the more is the value. Majority of the organizations have an internal employee onboarding process which can also be modified for the extended workforce, thereby improving the overall business productivity

Train new customers 

Enterprises use an extended LMS to provide effective training to new customers on the products they have purchased, leading to high customer engagement and knowledge retention. Additional training can also be provided to cross-sell and upsell the products to boost customer awareness of the products and services.

Increase product rollouts 

With every new product launch or service released, a tailored training and certification program is also essential. This leads to decreased product marketing time, better channel awareness and improved success rate of product rollouts across the distribution channel. Apart from this, gamification can also be applied to reward the partners who certify on new products, resulting in improved learner motivation and engagement throughout the training program. 

The Final Word

The greatest benefit of extended learning programs is that enterprises are able to understand and manage their external manpower in a better way. Providing training outside the organization is a strategic tool to help organizations expand their reach and increase profitability. To empower channel partners to sell more products, provide an added-value to the customers or successfully train the external employees, an LMS for extended enterprise leaves a huge impact on the bottom line. 

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About Anubha Goel Innovator   Senior executive

20 connections, 0 recommendations, 65 honor points.
Joined APSense since, July 25th, 2018, From Noida, India.

Created on Sep 26th 2018 05:06. Viewed 508 times.

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