training return on investment by skills channel tv
DESCRIPTION
A presentation made to the CMI on how to calculate a Training Return on Investment from Skills Channel TV's Alec McPhedran.TRANSCRIPT
:: helping people to achieve
:: TRAINING RETURN ON
INVESTMENT
:: helping people to achieve
CMI PRESENTATION
JULY 2009
:: helping people to achieve
CREATING VALUE…
RETURN
ON
INVESTMENT
:: helping people to achieve
1. Impact on business – 34%
2. Allocation of training
3. Justify training budget
spend – 24%
- 24%
REASONS FOR ROI
:: helping people to achieve
Course Evaluations – 26%
Pre and post course
Organisations with no
diagnostics – 8%
measures – 60%
CALCULATING ROI
:: helping people to achieve
OUTCOME
AIM
PERFORMANCE OBJECTIVES
LEARNING OBJECTIVES
DEVELOPMENT ACTIVITIES
EVALUATIONL
EV
EL
1
LE
VE
L 2
LE
VE
L 3
LE
VE
L4
EVALUATION
:: helping people to achieve
ROI CALCULATION
% ROI = (Benefits / Costs) x 100
:: helping people to achieve
ACTIVITY
:: helping people to achieve
The best prediction of your future is The best prediction of your future is whatever you believe it will be. whatever you believe it will be. Alec McPhedranAlec McPhedran
