Your Whitepaper is Ready to Download
Execution of Learning and Development programs is vulnerable to challenges caused by disruptions in the market environment and predefined annual departmental budgets allocated by organisations. Often L&D departments with limited budgets are unable to convince key decision-makers about how training benefits organisations, building positive employee behavioural and knowledge competencies due to the lack of a quantifiable framework.
Perhaps the answer lies in adopting a matrix of multiple frameworks capable of measuring ROI with lesser error margins to achieve accuracy. This case study explores how to arrive at an accurate Return on Investment in Learning with an improved strategic approach towards L&D evaluation and assessment.
Key Takeways:
- Learn how to streamline your L&D training strategy keeping metrics in mind.
- Find a strategic approach to meet the challenges involved in evaluating the ROI of a learning program.
- Learn how organisations effectively employ the Kirkpatrick model for the Evaluation of ROI.
- How to calculate the Training Cost using the Philips Model to arrive at ROI
- Apply the Pareto principle to assess and arrive at an appropriate Training Mix.
