Although an LMS can deliver powerful, business-enabling results on its own, when deployed as part of an integrated talent management solution, its power can be significantly greater. Increases in productivity and risk mitigation are known results with implementing a learning management system. However, today´s organizations are achieving critical strategic goals by integrating performance management, career planning, and succession planning with learning opportunities.
Research today indicates that adoption of competency management processes are being driven by learning management initiatives and have a substantial impact on enabling effective human capital management. As organizations begin to integrate their human capital business processes to achieve strategic goals and objectives, companies are now recognizing that people processes and supporting integrated technologies are imperative to successful development and retention of high performers, the ability to attract the best talent in the market, and to creating value for the organization.