How To Determine ROI On Training And How Can It Be Maximized?
For most organizations, it’s the bottom line that counts – “What impact has our training initiative had and what returns have our investments generated?” Nothing convinces them better than measurable data and they seek effective and practical ways to measure the impact of their training initiatives. While there are a few mechanisms in place to do so, this eBook provides information on measuring and maximizing ROI on training, which are not just useful, but are easy to apply.
What Are Some Of The Challenges That Learning And Development Teams Face?
As Learning and Development professionals, you continuously invest on approaches that keep your trainings impactful and relevant so that you can achieve the required learner engagement. As we all know, this is a crucial factor in ensuring the learning sticks.
But your job does not end with this. You still need to ensure additional measures to ensure application of this learning happens. You also need to establish a clear gain for the business.
The road to determination of ROI on your training spend is tough. While, we are all familiar with the models that can be used to determine this, there aren’t many practical tips to achieve this mandate.
How Will This eBook Help In Addressing Some Of Your Challenges?
In this eBook ROI On Training - How Can You Measure It And Maximise It, I provide practical insights on various aspects of ROI ranging from its definition to answers to several questions like which ROI methodology to use, how exactly you can use it in your context, and what are some of the approaches that can help you maximize it.
I have highlighted the usage of Performance Support Tools (PSTs) to push the application of learning as one of the “easy to implement” approaches you can adopt to maximize your ROI.
About The eBook
The eBook ROI On Training - How Can You Measure It And Maximise It provides answers to the following questions:
- What is ROI (of online training)?
- What methodology can you use to measure it?
- How can you practically apply the methodology (Kirkpatrick’s model)?
- How can you maximize it?
- What kind of approaches can you use to practically enhance your ROI? One of the approaches is explained with a case study wherein a Performance Support Tool is used to increase application of learning thereby impacting the ROI positively.
Do download this eBook ROI On Training - How Can You Measure It And Maximise It and use these cues to create a higher ROI on your online training.
This eBook is part of a series designed to help Learning and Development professionals who can use it as a guide to measure and maximize ROI on online training.
