Seven Simple Steps to Select the Right LMS
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Transcript of Seven Simple Steps to Select the Right LMS
Select the Right LMS
Seven Simple Steps to
Learning Management
System (LMS) – a powerful
software tool that enables you
to impart training effectively.
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.
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.
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
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
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.
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
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.
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
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.
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
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.
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
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.
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
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.
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
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.
The selection of the right LMS vendor plays a key role in meeting your
training management needs effectively.
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