There are several reasons for wanting an LMS for your business, and while it is an essential piece of your workplace assets, sometimes it can be a pain to establish why you need an LMS within your business, as not everyone can see the benefits. Well in this blog, we’ll discuss how you can build the case for your LMS to your business.
First up, what are you trying to solve?
The ‘why’ of your LMS business case takes many forms, but before you get too bogged down in the minutiae, ask yourself, “why do you actually need an LMS?” and narrow it down to 2 or 3 of the main points. Think along the lines of…
“The current learning strategy isn’t working”
“Training costs are too high”
“Staff engagement is poor”
You need to have clear, concise reasons for your LMS business case and remember, anything that can save a company money will always help your case massively. Be honest though. Find what is applicable to you and make sure you hone in on those 2 or 3 core messages to help lay the foundations of your LMS business case.
OK, so who do I plead my case to?
Naturally, it’ll be whoever in HR or procurement that deals with these factors in your business. However, in your business case you need to include all the relevant parties that your new LMS can benefit.
- Talk about how a new LMS can benefit HR in regards to speeding up the onboarding process and saving time on general admin.
- Mention about how IT will see the benefits of the new LMS in that it can become the one source of “true” employee data and thus can improve data security.
- Most of all, like previously mentioned, talk about how your CEO can see lower training costs coming with a new LMS, as well as improve operational efficiency because engaging bespoke content can be housed in your new LMS.
Make your case for your new LMS by showing how it can affect your business across the board, not just HR and L&D.
That makes sense, so how do I do it?
Cold. Hard. Numbers. We mentioned previously how it’ll lower training costs so state this in your business case. Mention that bespoke eLearning content housed in an LMS engages a workforce, which leads to increased productivity, which means less time is spent on training, which saves the company money.
Be sure to included money-saving statistics in addition to your reasoning to cement your argument. Further back up your case with percentages. Increased productivity? Show it in cold, hard numbers from previously completed studies elsewhere to back up your argument.
Making your business case for a new LMS is not an easy thing to do, but with the right amount of detail, and clear, concise points, it’ll be difficult to argue against your case. Just put the research and effort into it and you’ll be arming yourself with the best tool to get your new LMS. Before you know it, you’ll be shopping for a new LMS in no time.
And nobody can argue with that.