E-learning field advances with giant strides: according to Global Industry Analysts (GIA), e-learning market is expected to reach $168.8 billion by 2018.

More and more companies are contributing to online learning field by implementing e-learning strategies, integrating components and tools for employee training and e-commerce practice. E-learning, in comparison with regular education methods, allows cutting costs and provides anytime/anywhere learning by means of Learning Management Systems (LMS) usage.

LMS is e-learning software developed for delivering, tracking, reporting and managing learning content, learner progress and integrations. (Source: edutechwiki). And if your business decided to integrate one as well, this article is right for you.

E-learning software implementation requires a careful plan and strategy. Before even starting to look for an LMS vendor, you need to make a careful analysis of your organization. It will be the first step toward doing business with LMS.

Step 1. Analysis

By analysis a careful research of your audience, the technical side and the business itself is meant.
• Audience: Company’s staff is quite diverse and before implementing LMS you need to ask your employees whether they are willing to take courses and learn online. A good solution here is to carry out surveys;
• Technical side: LMS implementation requires software and hardware availability. A prior testing will exclude unexpected obstacles during a course process;
• Business: By consulting with the departments’ representatives you will receive a full picture of expected LMS features and then, based on the composed list, you will start the LMS provider search

Read original source: http://www.onlinecultus.com/which-steps-do-you-have-to-take-when-building-business-with-lms/