LMS reporting mistakes that take a bite out of your L&D budget

LMS reporting errors that can affect your L&D budget

Traditional training metrics involved assessment scores and survey results that were reported manually, making it difficult for your L&D team to search the data and gain actionable insights. But LMS reporting features change all that—if you find the right platform and know how to mine big data. Our e-book, Making the Most of Your L&D Metrics: Finding the Right LMS Through Reporting, can help you choose the ideal system and track your training program.

E-Book Release: Making the Most of Your L&D Metrics: Finding the Right LMS Through Reporting

Ebook release

Making the most of your L&D metrics: Finding the right LMS through reporting

This eBook can help you choose the ideal system for your business needs and track your training program.

The importance of finding an LMS with robust reporting functionality

You have decided to invest in online training software not only to reduce costs but also to measure employee performance. Your team now has access to deeper analytics they can use to customize content and increase ROI Unfortunately, there are still disadvantages you need to consider. Those can reduce your vigilance and lead to piles of big data that collect dust (rather than temporary L&D improvements). Here are the top LMS reporting mistakes that cost you over budget and how advanced functionality (combined with our eBook) can help avoid them.

3 Top LMS Reporting Mistakes That Impact Your L&D Budget

1. Big data without foundation

Data quality is key. Your LMS may allow you to collect a large amount of information, but it won’t serve a purpose unless it’s connected to your goals. Unless it helps you zero in on team members who need extra help or identifies weak points in your course design. One of the major mistakes in reporting is to focus on quantity versus quality of analysis. Clarify your objectives and outcomes, then use custom reports to focus on specific metrics that connect the dots between real-world and eLearning.

2. Lack of accessibility (or awareness)

The system generates reports that have the potential to transform your training initiative. But they are not getting to the right people at the right time. An LMS with reporting schedules ensures that relevant employees receive the metrics they need to take action. For example, sales managers have a weekly report delivered to their email inbox or it’s pinned to their personal dashboard. As a result, they find that their top performers are slipping and need to re-certify annually. You should make your employees aware of the reports available to them. They may not even understand that your system has these built-in diagnostics or how to access them.

3. Not balancing macro and micro metrics

You have to look at the big picture without ignoring individual performance. LMS user groups help you monitor overall employee performance. For example, whether your customer service department has completed a certification course. However, it should not replace individual analysis. Everyone has a role to fill and must be accountable for their own development. But sometimes they need a little guidance. This is where role assignment features come into play This allows you to outline who takes which course (activities, JIT resources, etc.). They receive personalized training resources and you can create role-based reports to measure engagement.

How to make the most of your L&D metrics with the right LMS

Your L&D department is responsible for monitoring online training effectiveness and maintaining content. Reporting tasks are also reduced to other members of your organization, such as managers who need to measure trainee progress. Even new hires need access to personal reports to identify trouble spots. As such, you need robust reporting features to hold everyone accountable and give them the tools to make changes. Armed with powerful (and customizable) analytics, they can tackle any challenge and make sense of the metrics!

Short of signing up for each free trial or demo, it’s hard to know which platforms will suit your reporting needs. There are shortcuts to selecting the best tool and using it to manage employee performance and streamline L&D efficiency. Our e-book gives you tips on analyzing and applying data from your custom report generator.

Conclusion

Finding the right LMS with a custom report generator is usually the hard part, as there are so many solutions to choose from Our online directory contains top learning management systems with powerful reporting. See what other users have to say about UX and evaluate the pros and cons from an insider’s POV Listings include a detailed list of product features so you can shape certificate management, customization, and other important selling points.

Download the eBook Making the Most of Your L&D Metrics: Find the Right LMS with Reporting to Fully Leverage Your E-Learning Data.

Ebook Release: Homebase

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