Measuring ROI on Training
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How to Register
If you deliver training for your team or your organization, you know how important it is to measure its effectiveness. After all, you donÃ¢â‚¬â„¢t want to spend time or money on training that doesnÃ¢â‚¬â„¢t provide a good return.
This workshop will help you objectively analyze the effectiveness and impact of your training, so that you can improve it in the future.
Unfortunately, the total loss to a business from ineffective training is nearly $13.5M per year per 1000 employees.
Effective trainings lead to -Increased employee retention, Increased production, Higher morale, Reduced waste, Increased sales, Higher quality ratings, Increased customer satisfaction, Fewer staff complaints.
Participants will delve into the crucial questions Ã¢â‚¬Å“What difference is the training making and how do we know?Ã¢â‚¬Â.
Delegates will learn how to use this framework for planning and implementing a diagnostic process to generate clear statements of the business, performance and learning objectives for an investment in training.
- To know the effect of training in your organization
Ã¢â‚¬Â¢ To be able to respond properly to meet the demands for future training needs
Ã¢â‚¬Â¢ To know how to measure the improvement in learned skills
MODULE 1: Measuring the effectiveness of the training program
- Training process
- Four levels of evaluation
- Level 1 Ã¢â‚¬â€œ Reaction
- Level 2 Ã¢â‚¬â€œ Learning
- Level 3 Ã¢â‚¬â€œ Behavior application
- Level 4 Ã¢â‚¬â€œ Impact
- Guidelines in evaluating each Level
MODULE 2: Measuring return on investment (ROI) of training
- Level 5 evaluation Ã¢â‚¬â€œ ROI
- Criteria for selecting programs for Level 4 and 5
- Benefits of ROI of training
- ROI of training model
- ROI formula
- Collecting data
- Performance indicators
- Cost and quality indicators
- Example of performance results
- Methods of isolating effects of training
- Converting data into monetary value
- Tabulating cost of program
MODULE 3: Enhancing the effectiveness and ROI of training
- How effective is your training program?
- Barrier to learning
- Principle of transfer partnership
- Transfer matrix
Who Should Participate
- Training managers and supervisors
- Human resource officers
- Administrative officers, or anyone involved in designing and providing skills training in the company.
How to Register
Timings: 9:30 am Ã¢â‚¬â€œ 5:30 pmÃ‚Â , Registration begins at 9:00 am
How to Regiser
- Fees: Rs. 8,950/-Ã‚Â + 18% GST Per Person
- Please write toÃ‚Â firstname.lastname@example.org
o.inÃ‚Â / Call -022 67256200
- Mention the name of participant, company, contact details.
- Fees include lunch, tea, course material, participation certificate etc.