Even if you have an LMS in place, the challenge is that it might not be the right LMS. A new-generation LMS not only automates the learning process, it offers powerful reporting features and the flexibility to manage all types of third-party and custom content as well as peer-to-peer and on-the-job training. It can also turn learning activities into profitability drivers by integrating seamlessly with performance management, career development, compensation planning and succession planning initiatives.
In addition, an LMS like the one offered by SuccessFactors can offer a SaaS (software as a service) solution that reduces overall costs and the need for in-house IT resources. Here are 6 key elements to include in your business case to demonstrate the ROI on a SuccessFactors LMS.