Learning administration services are in growing popularity for the past few years due to constricted budgets and less available resources. Businesses today identifies the importance of Learning and Development in both maximizing the potential of employees and maintaining a competitive advantage in the marketplace. Large number of organizations are choosing to subcontract their Learning and Development needs to professional organizations which offer Managed Learning Services. This ensures better quality in training solutions.
Many organizations outsource their generic training programs while retaining their own internal training capabilities. One of the major advantage of managed learning is the cost saving that brings through procuring training more proficiently and by implementing a robust negotiation approach with managed learning service providers. It ensures high quality and effective training delivery allowing L&D teams to increase external learning expertise and focus on other areas for better evaluation of the training activities.
Some of the key benefits of Managed Learning Services are:
- Improved Organizational Productivity- An organization can focus on its core competencies if it outsources trainings to an appropriate managed service provider as it aligns their training activities with their business objectives and goals. Companies can easily monitor post training activities and measure ROI and overall impact of training on company’s culture, operations etc. with the help of learning administrator service provider.
- Reduced Training Cost- In an internal training process lot of hidden cost is involved such as content development, logistics, pre and post training activities etc. However with managed learning services, companies are able to get insights about these hidden costs and ways to reduce these costs. This gives maximum value for the training process and enables an organization to allocate training budgets for maximum number of different types of trainings.
- Good Content- Not all the organizations have subject matter experts to create eLearning content internally. Managed learning service providers have expertise in doing content makeover so that information can be converted into relevant and efficient training material. These service providers can also guide companies in creating student manuals, training manuals, assessments etc.
- Good Learning Experience- Managed Learning Service providers can support in developing new training procedures and strategies for an organization and then aligning them to the business objectives. Contracting a Managed learning Service provider for training activities also leads to an improved level of learning experience across the whole organization.
Managed Learning Services gets integrated to a higher level within an organization by conducting an in-depth analysis of the company, its operations, culture, needs etc. and suggests required training solutions to improve business performance. It also helps reviewing individual training needs and align them to the company objectives, thus formulate the whole learning strategy.