Tag Archives: roi

To ROI—Or Not To ROI?

Yes, It Can Be Done Practically and Economically!

(re-posted from Ed Holton’s blog.)
For as long as I have been in the HRD profession ROI has been the “holy grail” of training evaluation.  Unfortunately, an effective AND practical method has been elusive.  Despite literally decades of promoting it, the fact is ROI is rarely calculated for training investments.
Debate has swirled for years about how best to calculate ROI.  Evaluation purists have developed effective methods, but they are mostly impractical for all but the biggest training initiatives.  The methods promoted by purists tend to be (more…)

Maximising RoI from training

The UK is emerging from recession, but slowly. The British Chamber of Commerce (http://www.bbc.co.uk/news/uk-11920548) has just downgraded it’s forecast for 2012 to 1.9%, from the 2.2% forecast in September.

The skills needed at work have also changed dramatically over the past few years. And they are going to change even faster as the wave of green jobs accelerates (http://www.bbc.co.uk/news/uk-politics-11380865).

So business leaders who want to grow profitably in the coming decade will need to invest in training. Training for high performance in what you are already doing, and for many, training in completely new skills. For example, pharma today needs (more…)