Using Performance-based Assessment

Using Performance-based Assessment to Measure Effectiveness of Corporate Training

The modern corporates are shifting their focus towards performance-based assessment through technology-aided learning. They consider deploying a robust learning management software which supports performance-based assessment to measure training efficiency. The new-age LMSs serve as smart training systems which not engage and retain audiences, but also affect the overall business performance, ROIs, and productivity. Top LMSs used by organizations create performance metrics and automatically assign relevant e-learning content to meet tailored needs. 

The powerful learning management platforms help businesses to attain specific goals:

• Mapping personalized learning content to different attributes (KRAs, skills, trends, or learning habits.)

• Ensuring consistency in the performance levels of employees from various demographics.

• Fostering relationships between employees, managers, and trainers to boost collaboration and retention rates. 

Role of Performance Management Systems in Corporates

Today, the next-generation LMSs are used as performance management systems to boost learning efficiency, provide performance-based assessment, and stay competitive. The robust platforms provide a gamut of advantages which include-

• Bridging knowledge gaps

Companies from diverse industry verticals use Human Resource Information System (HRIS) to store employee data for annual performance-based assessment and reviews. Modern LMSs integrate with HRMS to collate Key Performance Indicators (KPIs). Based on the KPI scores, the system creates performance metrics, identifies skills-gaps, as well as relevant courses that close those gaps. Consequently, the LMS automatically assigns the relevant training courses as per the personalized learning needs, styles, and preferences.

• Boosting peer-to-peer collaboration

Modern LMSs also integrate with social media platforms and mobile-based platforms- to drive collaborative learning through optimal engagement. The robust performance management systems provide courses across personalized mobile devices, thereby enabling learners to share new ideas and seek expert views at their own pace.

• Instant feedback

Corporate trainers are moving their focus towards delivering ROI-inclined and performance-inclined solutions. Therefore, they deploy modern LMS to track individual performances during a training program automatically. Through continuous performance assessment and reporting, trainers can give immediate feedback to their learners. As a result, this aids to bridge competency-gaps, boost performance levels, and overall business productivity.

Using LMS for performance-based assessment helps organizations to continuously track the performance of employees, departments, as well as organizations overall. Therefore, companies deploy e-learning software to impart performance-based learning solutions to all. Furthermore, training assessments not only track individual performance, but also keeps track of company goals, measures, and diverse training objectives. Employees who successfully achieve their training goals are recognized and rewarded with positive feedback from their managers at the workplace.