Designing Learning And Development For Return On Investment
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Designing Learning And Development For Return On Investment
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Author : Carrie Foster
language : en
Publisher: Business Expert Press
Release Date : 2017-02-08
Designing Learning And Development For Return On Investment written by Carrie Foster and has been published by Business Expert Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-08 with Business & Economics categories.
Learning practitioners have, for too long, been struggling to shift the perception of learning and development from a function that is a cost to the organization, to that of a function that is central to delivering value-added activities for the organization. The ability to deliver a return on investment is not about investing in good evaluation mechanisms, although this is important. It is imperative that the learning practitioner owns the numbers and works with financial metrics in order to bid for adequate resources and support the organization’s strategic ambitions. This book offers a brief overview of both a theoretical and a practical framework. The theoretical underpinning provides an examination of how the theories and research about human and group dynamic processes and self-renewal can be utilized in intervention design. The emphasis is on the “self-renewal” ability of the individual and the facilitation of the movement of groups to improve the health and effectiveness of organizations in a sustainable way.
Return On Investment In Training And Performance Improvement Programs
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Author : Jack J. Phillips
language : en
Publisher: Routledge
Release Date : 2012-06-25
Return On Investment In Training And Performance Improvement Programs written by Jack J. Phillips and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-25 with Business & Economics categories.
The second edition of this bestselling book, 'Return on Investment in Training and Performance Improvement Programs,' guides you through a proven, results-based approach to calculating the Return on Investment in training and performance improvement programs. Jack Phillips has composed user-friendly ROI calculations, plus: *ten post-program data collection methods *ten strategies for determining the amount of improvement that is directly linked to training programs *ten techniques for converting both hard and soft data to monetary values 'Return on Investment in Training and Performance Improvement Programs, Second Edition' continues as a primary reference for learning how to utilize ROI to show the contribution of training, education, learning systems, performance improvement, and change initiatives throughout organizations. The book also details implementation issues, provides worksheets, and pinpoints non-monetary program benefits. A case study takes the reader through the ROI process step-by-step.
Learning And Development
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Author : Zubin Rashid
language : en
Publisher:
Release Date : 2020-07-11
Learning And Development written by Zubin Rashid and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-11 with categories.
Learning and Development (L&D) is perhaps as important a function in an organization as Sales and Marketing. However, it has not got the same respect as it has always been considered a cost center instead of being a part of the business that supports in the increase of the bottom-line (or the topline). The purpose of this book is to provide this knowledge to L&D professionals and to anyone who wants to learn about the L&D function in general. This book will answer the most important question of how to address the challenge of aligning training goals with the business goals of the organization. It will also delve into the complete end to end process of designing, developing, and delivering the training as well as measuring the effectiveness of the training. The metrics to be considered while calculating the Return on Investment (ROI) of the training would also be described.CONTENT: Competencies of L&D Professionals: What are the required competencies for L&D Professionals? A self-test on Business Knowledge will help you understand what information you must know and what knowledge you must have to succeed in this profession.Organisational Performance Analysis: A prerequisite for an L&D Professional is to understand the concept of Organisational Performance Analysis. We will take a look at a basic framework of organisation analysis and organisation change process.Learning Strategy and Stakeholder Management: We will explore some key questions on learning strategy and what an organisation needs to focus on to foster a learning culture. We will walk through a five-step process of stakeholder management which is about engaging and managing senior stakeholder buy-in for the L&D strategy and process.Linking Business Goals to Training Goals: Aligning learning needs to business requirements by identifying business challenges and goals is part of L&D objectives. Business drivers are to be linked to training and benefits to the organisation are to be documented.Career and Learning Trajectories: Inculcating accountability through career and learning trajectories would be the key point of discussion. Linking learning to performance goals, designing a learning journey that includes experiential, social and formal learning processes, would form the learning journey.Enhancing Learner Engagement: This chapter covers the important aspect of enhancing learner engagement through real, relatable, relevant and just-in-time interventions that spread through various methods, interactions and feedback mechanism.Learning Delivery: Creating a learner-centric experience through the course elements, relevance of content, delivery medium, including L&D interventions such as fieldwork, digital learning, social learning, on-the-job coaching and short workshops.Systems and Learning Technology: We explore various learning technology options. The common challenge of availability of employees to attend training is addressed by looking at how technology can improve learner experience and retention and application of learning.Sustaining Continuous Learning: As part of the learning journey, there are certain techniques and interventions that can support learners in sustaining continuous learning, instead of one learning event that does not yield high returns.Learning Transfer and Application: Evaluation methods and tools to analyse learning transfer and application are discussed. This would include aspects of engagement and support of the reporting managers and accountability of relevant stakeholders in ensuring learning transfer and application.Return on the Learning Investment: This section focuses on identifying outcomes-based metrics for the individual, team and organisation. We will explore criteria for measurement and baseline data to measure impact of the learning interventions.Perspectives of L&D Professionals: This final section contains the perspectives of different L&D leaders.
Return On Investment In Training And Performance Improvement
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Author : Patricia Pulliam Phillips
language : en
Publisher:
Release Date : 2024
Return On Investment In Training And Performance Improvement written by Patricia Pulliam Phillips and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024 with Business & Economics categories.
"The third edition of this bestselling book guides you through a proven, results-based approach to calculating the return on investment in training and performance improvement programs. The ROI Methodology described in the book has evolved into the most used evaluation system in the world. Patti P. Phillips, Jack J. Phillips, and Klaas Toes present the ROI Methodology, a user-friendly approach to showing and proving the value of programs, projects, and initiatives. Based on over 40 years of development and refinement, it is a process that meets the demands currently facing training and performance improvement functions. This third edition expands upon and updates the second edition with chapters thoroughly detailing the application of the ROI Methodology and new and innovative developments. The book provides relevant examples, case studies and worksheets, and solutions to implementation issues. A case study spans the book and takes the reader through each part of the ROI Methodology. Readers can work through the case, step-by-step, exploring the issues uncovered in the chapter and learn how to apply the process in their own organizations. This book continues to be a primary reference for learning how to utilize ROI to show the contribution of training, education, learning systems, performance improvement, and change initiatives throughout organizations. Proven to work as a guide for practitioners, managers, and leaders, the book is also ideal for students of learning and development at graduate and postgraduate levels and individuals involved in executive and professional development programs. A complimentary 500-page book with 25 detailed case studies is available to book purchasers"--
A Practical Guide To Training And Development
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Author : Michael Moskowitz
language : en
Publisher: John Wiley & Sons
Release Date : 2008-07-23
A Practical Guide To Training And Development written by Michael Moskowitz and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-23 with Business & Economics categories.
To stay ahead of the competition, today?s organizations must investin ongoing training that continuously improves their employees?knowledge and skills. A Practical Guide to Training andDevelopment is a comprehensive resource that offers atheoretical, strategic, and practical foundation of the entiretraining process. The book outlines a step-by-step approach forassessing, designing, delivering and evaluating training.
Measuring Return On Investment
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Author : Jack J. Phillips
language : en
Publisher: ASTD
Release Date : 1994
Measuring Return On Investment written by Jack J. Phillips and has been published by ASTD this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
This title presents numerous case studies on how to prove the dollar-for-dollar ROI and worth of training and development programs.
Using Roi For Strategic Planning Of Online Education
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Author : Kathleen S. Ives
language : en
Publisher: Taylor & Francis
Release Date : 2023-07-03
Using Roi For Strategic Planning Of Online Education written by Kathleen S. Ives and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-03 with Education categories.
Published in association with While higher education has rarely employed ROI methodology—focusing more on balancing its revenue streams, such as federal, state, and local appropriations, tuition, and endowments with its costs—the rapid growth of online education and the history of how it has evolved, with its potential for institutional transformation and as a major source of revenue, as well as its need for substantial and long-term investment, makes the use of ROI an imperative. This book both demonstrates how ROI is a critical tool for strategic planning and outlines the process for determining ROI.The book’s expert contributors lay the foundation for developing new practices to meet the compelling challenges of online education and identify new models that offer the potential for transforming the educational system, meeting new workforce demands, and ultimately improving the economy. The opening chapters of the book explore the dimensions of ROI as a strategic planning process, offering guiding principles as well as methods of measurement and progress tracking, and demonstrate the impact of ROI across the institution.The book identifies the role of previously overlooked constituents—such as online professionals as critical partners for developing institutional strategy and institutional stakeholders for vital input on inclusivity, diversity, and equity—and their increasingly important role in impacting the ROI of online programs.Subsequent chapters offer a range of approaches to ROI reflecting the strategic priorities and types of return institutions seek from their investment in online programming, whether they be increased profits or surpluses via reduced expenses or increased operating efficiencies or the development of increased brand awareness for their programs. They also address the growing competitive environment of recent commercial entrants and online program managers (OPMs). The contributors offer best practices for setting goals and identifying benchmarks for increasing and measuring payback, including the creation of cross-functional ROI teams from across an institution; and further address the advantages and disadvantages of universities partnering with external providers, or even other colleges and universities, to provide online programs with them and for them. This book offers presidents and senior administrators, faculty engaged in shared governance, online learning administrators, and stakeholders representing student, community and employer interests with a rigorous process for developing an online strategy.
Roi By Design
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Author : Laura Paramoure
language : en
Publisher:
Release Date : 2014-03-16
Roi By Design written by Laura Paramoure and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-16 with categories.
As a training professional, you fill learning gaps. You know training needs to be effective in the classroom, transferred to the job, and impactful to the organization. But how do you know when you've succeeded? You know smile sheets and attendance data aren't enough, so how do you prove the real value of your training programs?Ultimately, it comes down to measurement...measuring the impact of your training program on your organization.For too long, the training industry struggled to show organizational impact. We've been convinced that training ROI can't be captured. No more.This book describes how to determine organizational impact for every training program you design. With the ROI by Design(tm) method, paired with Measurable Instructional Design(tm), you will accomplish the following: Develop measurable training programs and quantify their effectiveness Incorporate business goals in your design to align with stakeholders Collaborate with your business counterparts to create training that works-every time Show the before, during, and after progress from all learning programs Translate the language of training into the language of business Prove the value of your training team And FINALLY, provide a real ROI for your training programs
Learning And Development Practice
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Author : Kathy Beevers
language : en
Publisher:
Release Date : 2010
Learning And Development Practice written by Kathy Beevers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Career development categories.
The only textbook for the Learning and Development Practice Certificate. Key Selling Features Only book designed for the Certificate in Learning and Development Practice Companion website (not normally available at this level) to help tutors teach the certificate and design their course Flexible structure with enough theory for the Certificate in each chapter but additional depth in Essential Learning Pages can be used by practitioners who want practical information without theory Contains a wealth of interactive learning features, including Reflective Activities and 'What Next' sections One chapter per module to make course design easier, and help student navigation case study approach with cases from a wide range of sectors and countries to help students relate theory to practice Written by experienced practitioners in a clear, accessible way Recognises recent developments in areas such as technology, blended delivery and online surveying. Online resources For tutors: PowerPoint slides Lecturer's Guide to help with teaching and course design For students: Additional questions and activities Annotated weblinks Market Students on the CIPD's learning and Development Practice Certificate HRPractice stuents who want further L&D information Trainers and L&D proferssionals may use it as a practical guide for workplace tasks
The Six Disciplines Of Breakthrough Learning
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Author : Roy V. H. Pollock
language : en
Publisher: John Wiley & Sons
Release Date : 2015-04-21
The Six Disciplines Of Breakthrough Learning written by Roy V. H. Pollock and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-21 with Business & Economics categories.
Get real results for your business – maximize yourtraining and development programs Corporate learning and development programs play an undeniablerole in successful business endeavors, but only when they're doneright. The significant revisions in the third edition of The SixDisciplines of Breakthrough Learning add fresh, timely elementsto a resource that has become known globally as a trusted guide forprofessionals determined to get the most of their companies'training and development programs. All-new examples, tools, guides,and insights combine to make an excellent, all-in-one resource foreveryone from workplace professionals and HR managers to trainingdevelopment providers and businesses leaders looking to maximizethe return on their enterprise's learning budget. Infused with current research and recent case studies, thisresource serves as a practical guide that recommends concreteactions for producing tangible results. Tools, guides, andchecklists in every chapter ensure that readers walk away withmeaningful strategies that can be implemented right away. The bookincludes: A complete review of research drawn from thousands of insights,goals, and lessons learned Specific strategies and actions that can be put into effectquickly for immediate results A focus on ROI for business leaders wanting to make a clearerconnection between dollars spent and new skills gained Checklists in each chapter to help learning organizationsperform quality audits of new and existing learning programs The third edition of The Six Disciplines of BreakthroughLearning contains so many new resources and so muchthoroughly-revised content that even those who own previouseditions will find its reinvigorated approach highly beneficial.Strengthen the link between your learning efforts and your businessgoals with this increasingly popular, globally recognizedresource.