ROI Calculations
Globalization has brought with it increased turbulence, unpredictability and competition for markets and resources. The global village is further characterized by technological advances, socio-political challenges and legislative compliance requirements. For this reason
Businesses as well as public sector organizations need to balance effective human capital management with the pressures to create lean operations and drive down costs. Within this environment HR practitioners are increasingly challenged to develop relevant metrics and show the Return of Investment (ROI) for training. Classical evaluation methods in training and learning need to be revisited, and appropriate metrics developed, that balance Lagging and leading indicators at all levels of learning and application. This workshop utilizes sound theoretical frameworks, as well as the current legislative framework in education and training as departure point to guide participants through practical processes of measuring Training effectiveness, efficiency and ROI.
Upon the successful completion of this course, participants will be able to:
This 5 days course is intended for all Training Managers, Training Executives, HR Managers, HR Directors, Organizational Development Managers, HR Strategists, HR Consultants, Human Capital Managers as well as Training & Development Professionals.
The Training Context:
The Case for ROI of Training:
The Foundations of Case Building (Evaluation of Training):
Developing an Infrastructure for Evaluation and Case Building in Training
Criteria for Measuring Training Success:
The Process of Calculating ROI
Towards a Training Scorecard
Marketing Training ROI
Course Summary and Close
A variety of methodologies will be used during the course that includes:
· (30%) Based on Case Studies
· (30%) Techniques
· (30%) Role Play
· (10%) Concepts
· Pre-test and Post-test
· Variety of Learning Methods
· Lectures
· Case Studies and Self Questionaires
· Group Work
· Discussion
· Presentation
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session