business impact of learning in the real world

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Donald Taylor

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Presentation to Learning and Skills Group, London, June 9, 2009. Focus on business metrics, convince your sponsor, do it on the back of an envelope.

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Page 1: Business Impact Of Learning  In The Real World

Donald Taylor

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Business Impact of Learning in the Real World

Page 3: Business Impact Of Learning  In The Real World
Page 4: Business Impact Of Learning  In The Real World
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Agenda

• Business issue• Learning ecologies• Metrics• Sponsor• You

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Page 8: Business Impact Of Learning  In The Real World

What is your most pressing issue?

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Network Era

Everything is connected.Everything flows.Nothing is ever finished.Unpredictability & surprise. Faster, faster, faster.Control is an illusion.Flattening.

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Us.Me.

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Mechanical Complex

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Learnscape

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Pull

Push

Spending Results

Pull

Push

Spending Results

TrainingEnvironment

Reallocation

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Pull

Push

Before After

Spending

Pull

Push

Results

Before After

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Pull

Push

Before After

Spending

Pull

Push

Results

Before After

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Rate your learning ecosystem

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1 2 3 4 5

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Metrics

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Largely explicitLearning about. Focus = get something doneAcquire knowledge or skill

For example Annual $ benefit Category Users

Organizational wiki

Intelpedia $20,000,000+ Know-where 20,000 employees

Automated FAQ T. Rowe Price $3,000,000 Know-how 1,500 temps

Community network

SAP $50,000,000+ Know-whoKnow-how

1,000,000 customers

Professional updates

CGI Systems $10,000,000+ Know-what 4,000 professionals

Professional network

Company Command lives saved Know-how 15,000 military officers & NCOs

Blogs as KM Sun Microsystems $10,000,000+ Know-whoKnow-how

1,000 employees

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Sales training: before

Before

Selling @ $5 million/year

One-weekworkshop

15 monthsHired MakingQuota

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After

Sales training: after

One-weekcase study

eLearning Coaching

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Before

After

Time saved

15 months

6 months

9 months

Achieved quota in 6 months instead of 15

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1440 x ¾ x $5 million = $3.5 billion

Incremental revenue

120 hires/month = 1440 hires/year

9 months = 3/4 year

quota attained = $5 million

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What’s your elevator pitch?

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