How to use LMS data to improve L&D results
Modern businesses are spoiled for choice with an overwhelming range of new technologies and solutions available. Behind all these technologies is quite simply the smart use of data.
Data is becoming increasingly important as the key to making informed decisions, and businesses are increasingly recognizing the value of data-driven insights in developing strategy and improving overall performance. Collecting data is often easy, but knowing what it shows and where to go next is even more difficult.
For L&D departments, this change means more than simply tracking training activities. That means understanding how to make the most of all available data to optimize training, improve employee skills, and drive business growth.
In this post, we’ll look at two different approaches to leveraging L&D data and how they can benefit both the training department and broader business goals.
Use case 1: Using native reporting functionality
One way to leverage L&D data is by leveraging the native reporting capabilities of your learning management system (LMS). This approach has several important advantages.
1. Streamlined data collection
With native data collection, all training-related data is automatically collected within your LMS. This includes course completion rates, assessment scores, and time spent on courses. This streamlines the data collection process and ensures data accuracy.
2. Customized reports
Modern LMS platforms often offer a wide range of reporting tools that allow you to create customized reports and dashboards for your specific needs. This means you can easily track key L&D metrics such as learner engagement, skill development, and training effectiveness.
3. Real-time insights
Native reporting capabilities provide real-time insights to help L&D professionals quickly adjust training programs, identify areas for improvement, and ensure employees have the skills needed for their roles.
4. Employee-centric approach
These capabilities allow L&D teams to better understand individual learner needs and personalize the training experience. This increases employee engagement and satisfaction, contributing to overall business success.
Want to see how this impacts your business success? See how Vaillant uses custom reporting and data to improve learning outcomes.
Use case 2: Direct database access for advanced analysis
Native reporting is powerful, but some businesses need more flexibility and integration options. This is where direct database access comes into play. By providing direct access to L&D databases, organizations can combine L&D data with other data sources and visualize it with tools like Power BI, Tableau, or similar platforms.
1. Comprehensive business insights
Direct access to the database allows organizations to seamlessly integrate L&D data with other business-related KPIs. This holistic approach provides a comprehensive view of an organization’s performance and allows leaders to make more informed decisions.
2. Data synergy
By combining L&D data with data from sales, marketing, finance, and other departments, organizations can identify correlations and uncover insights that aren’t obvious when analyzing the data alone. This synergy can lead to strategic advantages and innovation opportunities.
3. Advanced analytics
Tools like Power BI and Tableau provide advanced analytical capabilities and enable organizations to create interactive dashboards, predictive models, and data-driven visualizations. These tools allow business leaders to dig deeper into data and identify trends and opportunities for improvement.
4. Proactive decision making
With direct access to the database, organizations can proactively identify and address skills gaps, align training efforts with business objectives, and ensure that L&D investments produce measurable results.
The importance of L&D data from a broader business perspective
Whether you choose to leverage native reporting capabilities or direct database access, the importance of L&D data in the broader business context cannot be overstated. L&D data drives employee growth, drives innovation, and ultimately impacts the bottom line. This allows organizations to:
Improve employee productivity. Well-trained employees perform their roles more efficiently and effectively, contributing directly to increased productivity. Drive innovation. Innovation requires a skilled workforce. L&D data can help identify skills gaps and align training programs with innovation goals. Improve decision making. Data-driven insights enable strategic decision-making and ensure resources are allocated where they have the greatest impact.
Overall, getting the most out of your L&D data is about more than just tracking training activities. It’s about maximizing the potential of our employees and driving business success. Whether you choose to take full advantage of existing native reporting capabilities or choose direct database access, the key is to embrace data-driven L&D practices as an integral part of your organization’s broader strategy. By doing so, you position your company to sustain growth, innovation, and excellence in the ever-evolving world of digital business.
Turn data insights into action
Make every lesson meaningful. Data insights from your LMS ensure your team’s development is always on track. With the right data insights, you can create personalized learning like never before.
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Originally published on www.valamis.com
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