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What is an LMS?
An LMS (Learning Management System) is a personal learning tool that helps you to manage and optimize the study process. All you have to do is enter a password to gain access to a well-organised system that manages single sign-on registration, payment, course administration, resource management reporting, follow-up, feedback and competency management. The LMS interacts with an eventual Learning Content Management System (LCMS). Often an LMS is accessed through a corporate Learning Portal.

A Learning Management System provides:
A personalised, on-demand learning experience for individuals anytime, anywhere.
The tools to closely manage organisational knowledge, competency and skill gaps across your extended enterprise.
The data-tracking capabilities that are necessary to relate improvements in individual and organisational learning to top- and bottom-line business goals and performance.
LMS works according to the pull & push method: either the employer pushes the employee to follow a specific course or the employee feels the need to acquire knowledge, thereby pulling the appropriate course to him via the system.