The pandemic has permanently altered the way training companies operate, or at least for the foreseeable future. Those relying on instructor-led training had to radically adjust their methods or risk becoming obsolete.
The dramatic shift in work-life dynamics brought about by the pandemic was unforeseen. With the pandemic showing no signs of abating and multiple waves occurring globally, the emergence of new variants continues to impact the effectiveness and long-term protection of vaccinations.
The shift had a significant impact on training companies, many of which previously had trainers visiting client offices on a set schedule. Whether delivering training to corporate employees in a B2B context to enhance their skills or offering direct-to-consumer (D2C) training to improve individual knowledge, face-to-face sessions have become less central.
This article explains why adapting to this major change is crucial. Most training companies have already transitioned to or adopted an LMS. Those that embraced technology have experienced considerable growth compared to those still struggling to adjust.
Why do training companies prefer the LMS?
Work from home is here to stay
Even after the pandemic subsides, many companies will continue to have a significant portion of their workforce working remotely or from home.
These companies still need to engage their employees in their current roles and prepare them for future positions. While office-based meetings have largely ceased and shifted to platforms like Zoom or WebEx, which have seen exponential growth to 300 million meetings per day, there remains a need for effective staff training. Training companies must utilize an LMS to deliver curated content to employees working from home or remote locations, ensuring timely and geographically accessible training.
Each training delivery method has its pros and cons, but the advantages of using a robust LMS significantly outweigh those of traditional methods.
Win WIN situation for all
A well-implemented LMS benefits everyone involved—the organization, the employees, and the trainers.
- Organizations gain a scalable and effective tool for onboarding, certification, and employee engagement, which also aids in retention.
- Employees stay updated and connected, with opportunities to enhance their skills and advance their careers, all while working remotely or from home.
- Employers and employees enjoy cost savings on travel, flexible scheduling, measurable training effectiveness, and both standardized and customized content tailored to specific needs.
- Training companies and their trainers can leverage their expertise through a digital platform, delivering content in a more creative and efficient manner.
The Millennial generation
Studies suggest that this age group will make up approximately 75% of the workforce by 2025. This generation is adept at using technology, social media, and online platforms. Training companies can reach this audience through a variety of devices, including laptops, tablets, and mobile phones. This approach eliminates constraints related to geography, time, and training delivery methods. A robust LMS offers flexible delivery options, accommodating both online and offline modes.
Scope and the way ahead
eLearning, or digital learning, is a multibillion-dollar industry projected to exceed $300 billion by 2025. The pandemic and the rise of remote work have accelerated this growth. For training companies, this represents a significant shift from traditional methods to online training. Embracing eLearning is likely the most forward-thinking strategy they can adopt to expand their global reach and gain a competitive edge.
How to choose the right Learning Management System for training companies:
Selecting the right LMS for your training company is crucial based on your specific needs.
Companies that have yet to embrace this shift should recognize how learning management systems are helping training providers advance to the next level.
For those still considering this technology, we offer a free trial or demo of our LMS to explore how it can align with your organization’s goals and your customers’ needs. The future of training is virtual, and you can start today with Getyn 30-day risk-free trial.
This will enable you to reach more customers across geographic boundaries and become part of the expanding billion-dollar industry.
