Why choose a Learning Experience Platform (LXP)?
What would you say if corporate learning, employee engagement, and virtual self-directed on-the-job learning could be brought together through seamless integration with your existing LMS and other HR platforms that you already have? Too good to be true? What’s the catch?
Well, actually, there is no catch! This technology is already here! Today’s corporate world is moving towards smarter work environments that are less rigid, less hierarchical, and more AI and analytics-driven. This is what an LXP or Learning Experience Platform does. It provides you with options according to the corporate learner’s interests and current on-the-job learning needs.
The LXP allows learners to interact virtually and facilitates social learning – it’s a distinctive step away from formal one-on-one, scheduled classroom training that companies have focused on in the past. The fact is, an LXP can work with your existing LMS, delivering a user experience that far surpasses that of a basic LMS. On the other hand, if you’re looking to invest in your first LMS and expect to scale up (in terms of numbers and up your user experience) in the near future, choosing an LXP is your best bet.
An LXP Meets Unmet Needs
An LMS hosts learning modules, can track module completion and assessments, and offers certificates and achievement recognition. But what about creating an integrated learning workspace? A solution that can do its best to bring colleagues together and offers a slightly less monotonous set of career development/skills learning options and that can do it without a significant overhaul of your existing platforms? Here are some features of an LXP that can meet some of your organization’s unmet needs.
Integration with Work Systems:
A fusion of your employees’ business communication platform and your learning platform offers numerous benefits.
A LinkedIn study found that over 70% of employees want to spend their spare time at work learning! So when the learning and working platforms are integrated, you not only have motivation being worked into the equation but employee engagement and better learning as well.
When learning supports employee goals, employees feel better served and are more engaged in their workplace. The culture becomes better suited to deal with day-to-day challenges faced by the business. Having seamless integration enables aggregation of content from many sources (LMS, 3rd Party sources, co-workers, etc.). In effect, it reduces time and effort to find learning, which, in turn, increases training consumption.
Once you have a seamless learning and work platform operating efficiently, you need more than just your standard learning modules. You’ll need a well-planned learning strategy that can be employed in numerous forms such as mobile learning, micro-learning, mini-games, and more. This enables learners to process small chunks of learning each time they find that they have half an hour or an hour to spare during their workday. Another key feature of Kineo Totara Engage is its AI-driven playlists – these playlists are built based on the learner’s interests and recent learning history. They are also based on a career path (or goals) chosen by the learner in conjunction with his/her manager. AI-backed recommendations offer learners the most suitable follow-up modules to complete a course or build a new skillset. Playlists and recommendations give users the ability to choose the next module they wish to learn. Such flexibility in learning is an added motivator to building a mature learning culture.
A LinkedIn study found that employees feel motivated to work when their colleagues surround them. In fact, just the thought of being on a work team, communicating by contributing to and sharing knowledge with team members, and learning together to achieve specific goals, is immensely motivational to employees.
You’ve probably heard of the 70/20/10 model when it comes to learning within a corporate setting. This model tells us that 70% of an individual’s learning must come from on-the-job or experiential learning, 20% from social interactions, and 10% from formal training sessions. This means that if you’re only focused on formal training methods, you’re missing out on employees learning and growing rapidly within your organization. To expand learning opportunities, Kineo Totara Engage has certain enablers such as:
● Collaborative workspaces – Virtual work has increased the use of tools such as Microsoft Teams, Slack, and others. Collaboration improves employee knowledge and skill, leading to better performance and ultimately results. Greater collaboration implies that anyone can share solutions to issues you face. Collaboration also implies that navigation, user interface, search features, and features such as forums and discussion panels provide almost instant answers to employees on the job. These answers may stem from within your team or cross-functional teams or recommendation engines. This is referred to as user-generated content and expert knowledge sharing enabling easy access to information.
● Choice & Voice – employees get to choose what, when and how they learn & then can voice their opinions through polls, surveys, and discussion forums. A Gallup study noted that companies that take regular employee feedback, see employee turnover rates drop by almost 15%.
So it’s safe to say that an LXP is not just a juiced-up LMS. The LXP actually delivers features that benefit any organization.
There is Evidence that LXPs Deliver an ROI.
Now that we know what benefits a Learning Experience Platform can deliver, evidence suggests that the impact these benefits have on performance inevitably boosts your ROI. Let’s take Collaboration, for instance. Among the many studies that demonstrate the advantage of corporate collaboration, Professor Rob Cross, of the Institute of Corporate Productivity, studied 1100 companies and found that those who promoted a collaborative workspace were five times more productive (high performing) than those who emphasized solitary work.
Learning Cultures that promote continuous learning improve productivity and eliminate unproductive training. Leading analyst – Josh Bersin’s whitepaper reveals that companies with mature learning cultures reap three times more profit than their competitors! Such organizations average employee performance that’s 37% greater than organizations without a mature learning culture.
Employee Engagement and inclusion have been known to motivate and spur employee performance. Organizations that have a proven system of employee engagement demonstrate a 19% increase the business’ operating income! On the flip side, organizations without a strategy to engage employees have shown 30% lower operating income.
Kineo Totara Engage is an LXP powerful enough to accomplish this kind of integration without any kinks in the user experience whatsoever. Integration serves to build a more robust, more engaged culture. Workgroups can help people who may not otherwise connect. Example: from different functions or various locations/regional offices. And that’s not all – Kineo Totara’s LXP adds to the functions of your LMS – integrating effortlessly with it. So whether you need SCORM or xAPI compliance, Kineo Totara’s LXP has it all.
These monetary returns on investment can hardly be overlooked, especially with the volatile marketplaces, pandemic economies, and more influencing business performance. This is why it’s time you invest now. You will see better performance/higher ROI, attract high-quality talent, invest back into your employees, and continue to reap strong ROI year over year.
Contact us today to learn more about Kineo-Totara Engage: your customized LXP!