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Torch LMS Blog

Why You May Be Wasting Money on Employee Training and How to Fix It

Posted on June 22, 2017 By Jake White

Employee training is an important part of any corporation. Ensuring that it is efficient, effective, and adaptable is key to thriving in a competitive market. However, companies have been making the same mistakes when addressing this important issue for decades, and it costs them millions. […]

LMS Training: How Much Do Employee Training Programs Cost?

Employee training is an important part of running an effective company. But it can get expensive. How expensive? The Association of Talent Development estimates that the average is about $1,208 per employee. If you’re part of a smaller organization (less than 500 employees) that number increases to $1,888! […]

Training & Development: One of the Best Investments Your Company Will Make

Posted on March 21, 2015 By Jake White

By Jake White, CPLP - Torch LMS […]

Small Business LMS: Training Management System Provides Value

Training Management System A training management system is an online learning platform designed to manage and deploy employee training. Employee training is becoming more important to business . It has long been recognized by successful companies as a source of competitive advantage. Cloud technology is allowing organizations to efficiently manage employee training with training management systems. (A training management system is commonly referred to as a learning management system. I should note that many academic-focused eLearning platforms also use the term "learning management system" to describe their applications, even though they are usually not the same thing). More than ever,  businesses strive to shorten sales cycles, product development cycles, reduce overhead costs. These and other business needs can be improved by increasing what I call the three Cs: Compliance, competence, and commitment. Let's look at how an online training management system can help fulfill these business needs. […]

Learning Management Systems: What is the ROI of training?

On Jan. 19, 2009 Fortune Magazine ran an article stating that “Recessions end...When this lousy stretch is over will your company be more competitive or less? The most successful companies never stop funding their most critical competencies...For virtually all companies, a critical part of their core is the continual development of employees. It's remarkable how many businesses cut training and development in a downturn. The best never do.” […]

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