Seven Simple Steps to Select the Right LMS

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Select the Right LMS Seven Simple Steps to

Transcript of Seven Simple Steps to Select the Right LMS

Page 1: Seven Simple Steps to Select the Right LMS

Select the Right LMS

Seven Simple Steps to

Page 2: Seven Simple Steps to Select the Right LMS

Learning Management

System (LMS) – a powerful

software tool that enables you

to impart training effectively.

Page 3: Seven Simple Steps to Select the Right LMS

No wonder, the number of companies using LMSs is growing rapidly.

These software applications allow you

to host, manage, and track training

programs in a hassle-free manner.

They can be used to generate

course-wise and user-wise reports,

and evaluate the progress of learners

and the efficacy of courses.

Page 4: Seven Simple Steps to Select the Right LMS

Are you

planning to

purchase an

LMS?

You need to follow a proven process to zero-in on the right vendor,

who can meet your needs well.

Page 5: Seven Simple Steps to Select the Right LMS

Steps of the Process

Let’s go through them in detail…

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

Page 6: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

Page 7: Seven Simple Steps to Select the Right LMS

Come Up With a Request for Information (RFI)

Begin your LMS journey

with an RFI.

Make sure the RFI provides

a clear description of your

learning needs.

Page 8: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

Page 9: Seven Simple Steps to Select the Right LMS

Assess the Responses of Various LMS Providers

• After you create the RFI, send

it with a due date to chosen

firms, for their response.

• The responses of LMS

providers can be evaluated by

allotting scores to each.

• Select the vendors who score

high, and contact them for the

next step — a demonstration

of their product.

Page 10: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

Page 11: Seven Simple Steps to Select the Right LMS

Ask Vendors to Demonstrate their LMS

The demonstration of an LMS

gives you an opportunity to find

out how far the application can

meet your training management

needs.

It is the perfect time to get all your

queries about the suitability of the

LMS, for your company, clarified.

Page 12: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

Page 13: Seven Simple Steps to Select the Right LMS

Request Vendors for a Free Trial of their Products

• Don’t hesitate to ask LMS providers

for a test drive of their application.

• Ask them to provide login credentials

to sandboxes.

• Ensure the LMS enables the delivery

of training in the languages spoken

by your staff members.

• Consider the scalability aspect of the

LMS, as it is important to ensure that

the application can cater to your

future needs.

Page 14: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

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Seek References of the Vendor’s Existing Clients

Talk to companies who are using

the LMS under consideration, to get

more insights on how it works.

Existing customers can provide

useful information about how the

vendor responds to issues.

This will help you narrow down the

search for the right LMS provider.

Page 16: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

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Check the Financial Health of the Vendor

It is important that you partner with

an LMS provider who has a solid

financial background.

Vendors with good cash flows can

afford to conduct research and

development, critical to the

development of new, better

versions of the product.

Page 18: Seven Simple Steps to Select the Right LMS

Steps of the Process

Come Up With a

Request for

Information (RFI)

Ask Vendors to

Demonstrate

their LMS

Seek References

of the Vendor’s

Existing Clients

Send a Request for

Proposal (RFP) to

Chosen Vendors

Assess the Responses

of Various LMS

Providers

Request Vendors for

a Free Trial of their

Products

Check the Financial

Health of the Vendor

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Send a Request for Proposal (RFP) to Chosen Vendors

It’s now time to send an RFP to

shortlisted LMS providers. Compare

their prices, delivery, and

implementation schedules.

You can negotiate, and once you

are satisfied that every dollar you

are going to invest on the LMS is

worth spending, you can ink the

deal with its vendor.

Page 20: Seven Simple Steps to Select the Right LMS

The selection of the right LMS vendor plays a key role in meeting your

training management needs effectively.

Page 21: Seven Simple Steps to Select the Right LMS

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