11 reasons your credit union should have a learning management system

first_img 46SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Marlo Foltz For the past 15 years, Marlo has designed, developed and conducted training programs for credit union employees, executives and volunteers. Marlo is responsible for working with the Center for Professional … Web: www.cuna.org Details Training in the credit union movement is a very different task than it once was; trainers are expected to facilitate learning for many individuals between multiple branches and across various degrees of experience. That’s why there has been an emergence of the learning management system (LMS), an invaluable tool in the design, delivery and management of training programs.This emergence has allowed smaller credit unions to maintain a full selection of course content and avoid unnecessary expenses, while providing larger credit unions with resources for the organization and tracking of their numerous programs. Below are some additional benefits of taking on an LMS at your credit union: Unlimited access to training content. Most learning management systems offer unlimited training for your entire credit union. That means full course access for every member of your staff in every one of your branches and locations.Centralized learning hub. Make life easier for your training team with a one-stop shop for credit union training. An LMS ensures consistency in your staff’s training – even between branches – leading to more effective communication down the line.Professionally developed content. By gathering content from across the industry, LMS programs are able to offer hundreds of training courses designed and presented by experts in their fields.Customization and tracking for individual roles. With an LMS, your trainers will have the ability to select tailored learning plans for each member of your staff. From there, you’ll be able to track their progress while customizing and managing their training programs based on their individual needs and experience.Certificates and volunteer training options. Training with an LMS isn’t only for the benefit of the credit union staff. Many LMS courses contribute toward requirements for designations, volunteer certifications and renewals, and other professional milestones.Intuitive reporting capabilities. Reporting becomes effortless with pre-created reports, as well as the option to build and customize your own.Access to a community of training professionals and experts. As an LMS user, you’ll join a community of fellow users who understand the value of strengthening the training at their credit unions. Connect your staff with a network of credit union peers all working to improve their skills and strengthen the credit union movement.Flexibility in time management. Web-based course content gives your team the option to complete their training when and where they are able, ensuring that neither their day-to-day work nor their education suffer.Reduced additional costs. Avoid the expenses that training teams pay for travel, training facilities, presenters, printing, administrative work and more.Up-to-date compliance content. Keep your credit union compliant through regularly updated courses, providing content from core compliance knowledge to hot topic regulatory updates.Increased competency and accountability. The training builds staff members’ skillsets and confidence in their roles, empowering them to step up and take on more responsibility – all of which strengthens the infrastructure of your credit union.last_img

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