Coming soon - Vtiger LMS feature. Your one-stop learning solution
Posted: Sat Dec 21, 2024 3:35 am
Companies with a formal coaching process achieve 91.2% of their total quota compared to 84.7% for companies with an informal coaching process. 1
Coaching and training are the best ways to increase your team’s potential. Other things to consider are tools, technology, and mentoring.
In fact, in its 2017 Sales Opportunity Optimization Study, CSO buy phone number list reports that organizations with a dynamic approach to sales coaching experience higher customer relationships, which in turn improves sales metrics like double-digit win rates. 2
Refer to the image below to see the impact.
Additional image-2
What are the other benefits of training and coaching besides the above mentioned direct impact?
Training helps you teach new skills to entire teams in your organization, including sales representatives and managers.
Consistent coaching influences behavior change that improves performance.
One-on-one coaching does make a difference in individual performance and success rates.
But then there are problems.
More and more employees are choosing to work from home or in a hybrid environment. With this new normal, bringing your teams together can be a big hurdle. Time and geography can be huge constraints.
The biggest challenge is finding someone willing to coach, putting in the personal time and effort. After all, what will their motivation be?
There are also significant costs associated with content creation and program delivery. Training is not cheap. You need content, trainers, and a physical space to host the training.
While planned programs are relatively easy to implement, ad hoc coaching is not scalable and carries a high risk of bias.
So how do we overcome these challenges?
The solution is e-learning, which helps deliver learning content virtually. You need a Learning Management System (LMS) to deliver and manage learning content.
An LMS is an application that helps you publish and manage your content, manage user registration, and track learning activities and user progress.
Announcing Vtiger's latest feature, Vtiger LMS!
The LMS feature in Vtiger CRM solves the problems mentioned above in one go. It is easy to use and helps you create structured training programs.
With our LMS, you can do the following from your CRM:
Organize your content into different categories: Courses, Concepts (lessons), Quizzes, and Exercises.
Create custom learning programs: Simply add the required content (concepts, videos, duration) and quizzes to create a new course.
Manage and track user progress: Ensure your teams complete training on time and are ready to work. Recognize their achievements with certificates.
Overcome geographic constraints: Your teams can take courses at their convenience – anytime, anywhere.
Publish content in different formats: Presentations, videos and documents - make learning effective, self-paced and engaging.
Vtiger's One View Advantage
Vtiger's One View breaks down silos between teams and aims to make the latest information accessible to all teams in the organization. The One View concept extends to our LMS as well.
Additional image-4
An LMS becomes a single source of knowledge because it allows you to publish content on one platform – everyone sees the same concepts, updates, and more . Your employees, customers, and partners will all be accessing and using the latest product/service information at the same time.
As a bonus, your teams don’t have to log into different applications. They can “live and learn in the CRM.”
With Vtiger LMS, you don’t just create training programs. You create learning experiences.
Harvard Business Review notes, “The real payoff from good coaching lies with the middle 60% – your top performers. For this group, the highest-quality coaching can increase productivity by up to 19%.” 3
Don't miss this opportunity to create customized coaching and training programs with Vtiger LMS. Upskill and retrain your teams effectively.
Coaching and training are the best ways to increase your team’s potential. Other things to consider are tools, technology, and mentoring.
In fact, in its 2017 Sales Opportunity Optimization Study, CSO buy phone number list reports that organizations with a dynamic approach to sales coaching experience higher customer relationships, which in turn improves sales metrics like double-digit win rates. 2
Refer to the image below to see the impact.
Additional image-2
What are the other benefits of training and coaching besides the above mentioned direct impact?
Training helps you teach new skills to entire teams in your organization, including sales representatives and managers.
Consistent coaching influences behavior change that improves performance.
One-on-one coaching does make a difference in individual performance and success rates.
But then there are problems.
More and more employees are choosing to work from home or in a hybrid environment. With this new normal, bringing your teams together can be a big hurdle. Time and geography can be huge constraints.
The biggest challenge is finding someone willing to coach, putting in the personal time and effort. After all, what will their motivation be?
There are also significant costs associated with content creation and program delivery. Training is not cheap. You need content, trainers, and a physical space to host the training.
While planned programs are relatively easy to implement, ad hoc coaching is not scalable and carries a high risk of bias.
So how do we overcome these challenges?
The solution is e-learning, which helps deliver learning content virtually. You need a Learning Management System (LMS) to deliver and manage learning content.
An LMS is an application that helps you publish and manage your content, manage user registration, and track learning activities and user progress.
Announcing Vtiger's latest feature, Vtiger LMS!
The LMS feature in Vtiger CRM solves the problems mentioned above in one go. It is easy to use and helps you create structured training programs.
With our LMS, you can do the following from your CRM:
Organize your content into different categories: Courses, Concepts (lessons), Quizzes, and Exercises.
Create custom learning programs: Simply add the required content (concepts, videos, duration) and quizzes to create a new course.
Manage and track user progress: Ensure your teams complete training on time and are ready to work. Recognize their achievements with certificates.
Overcome geographic constraints: Your teams can take courses at their convenience – anytime, anywhere.
Publish content in different formats: Presentations, videos and documents - make learning effective, self-paced and engaging.
Vtiger's One View Advantage
Vtiger's One View breaks down silos between teams and aims to make the latest information accessible to all teams in the organization. The One View concept extends to our LMS as well.
Additional image-4
An LMS becomes a single source of knowledge because it allows you to publish content on one platform – everyone sees the same concepts, updates, and more . Your employees, customers, and partners will all be accessing and using the latest product/service information at the same time.
As a bonus, your teams don’t have to log into different applications. They can “live and learn in the CRM.”
With Vtiger LMS, you don’t just create training programs. You create learning experiences.
Harvard Business Review notes, “The real payoff from good coaching lies with the middle 60% – your top performers. For this group, the highest-quality coaching can increase productivity by up to 19%.” 3
Don't miss this opportunity to create customized coaching and training programs with Vtiger LMS. Upskill and retrain your teams effectively.