Should startups use LMS? Before answering, let’s define what startup is and well as LMS. Startups are generally known as “young companies” where a group of employees work together to create a product that customers will buy. LMS, on the other hand, used to be generally common among large companies helping them with their certification, reporting, and training.
Given the fact that LMS is handier for enterprises and startups are labeled as “young”, the common question by startup owners that arise is whether startups should use LMS too. The answer is obviously “OF COURSE” considering the fact that even startups need training and development of their employees in order to survive in the fast-growing world.
In this article we will highlight the 6 main reasons why startups should use LMS:
1) LMS helps startups to onboard
First impressions never get a second chance and this is exactly what startup owners fail to pay bigger attention to. As a new employee starts his first day at the company, he makes a certain conclusion based on the experience he had which will affect his work in the future. Besides, starting at a company can be a very stressful experience as there are new coworkers to meet, customers to be introduced to, paperwork to be filled out and work culture to be assimilated to, and so on. Some companies even make sure to follow the crucial checklists while onboarding.
As startups start growing bigger their amount of work shrinks to the extent that onboarding becomes a less of priority (which is so wrong!) An inexpensive LMS is exactly what can save the day of every startup owner. It will help them to onboard their new employees and make sure that they have the best impression on your company.
2) LMS gives startup employees the consistent learning that they need.
At the very early stage, every startup is highly focused on product development and marketing. When a team of 5-10 people works hard on the technical aspect of the product, a small startup does not have time or resources to consider LMS or training at that certain stage. But once a startup escalates to a team of 20 and starts forming departments, that’s when employee training is not only useful but mandatory.
More people and bigger departments are difficult to manage all at once. Whereas LMS allows to train and also to track and evaluate the progress of employees through gamification and quiz features.
3) LMS helps startups with their compliance training.
Another important aspect of every startup is to stay on the right side of the law. In the perception of existing and new employees, it is also important to be a well-respected company, to empower high morale, as well make employees feel safe in the workplace.
Compliance training helps employees to avoid violations, be responsible and understand the expectations and standards so that the company can operate at its optimal level.
That is one of the reasons why LMS is necessary for startups as it assists with compliance training and tracks whether employees are informed or educated about it.
4) LMS helps startups to educate customers.
What is great about LMS is that besides training employees, it can be totally used as a platform to educate customers and this is exactly how it can benefit startups. As it’s important for startups to help customers to understand their product or service and find value in their offering, why bother creating a new separate platform when you can use the same LMS platform that is already paid for?
5) LMS helps startups with ready-made courses.
While large companies benefit from their Learning and Development department that is actively involved in creating learning content for their employees, startups, unfortunately, are not privileged to that extent yet.
Learning is necessary for employees but creating that content is another extra work and challenges that startups face. However, some LMS, besides providing the easy-to-use platform, also secure startups with pre-made courses on Leadership, Onboarding, Compliance, Health & Safety, HR training, and so on.
6) LMS helps startups to save time and money.
Time and money; the two things that every startup needs to be very wise with. As training, onboarding, evaluating and educating customers takes a lot of time and resources, LMS can help startups to automate these processes and save their time.
However, implementing LMS into the company requires initial investment thus it may seem contradictory how it can reduce the cost within the organization. What some startups forget to consider is that it brings a great ROI that lowers the cost over time.
Besides, some learning management systems like edloomio LMS, for example, offer a very affordable plan for startups that have around 50 users yet can get all the premium functionalities even in a 14-day trial.
Long Story Short…
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As a smart, secure, and easy-to-use Learning Management System, we helped a significant number of organizations to train their employees, educate their customers, onboard & develop talents, and get their academy done right!
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Author: Bakhti Mizhgon