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.
to make your organisation fit for the future.
Your organisation will only thrive in the coming decade if it can change faster than its business world is changing. And do this at lower cost than competition. So getting more business benefit from your learning and development money is of paramount importance.
Just putting in a better, high-powered training alone may even hurt your bottom line. After all, shoehorning a Ferrari F1 engine into your Volkswagen might sound great pulling away from the (more…)
We are at the start of a new era. See this video and discussion for the triggers for this blog entry.
Already we see changes in how business are run, and what they do to make money. Business that could never have existed 20 years ago are becoming mainstream. (Think of Amazon, Google, Booking.com) Other businesses that thrived, saw a secure 100 year future ahead of them, (like the US big steel industry) are no more.
Whether you are the biggest kid on the block, say a Procter and Gamble, or an independent professional, you will only thrive (more…)
The reason why tetraLD exists is making learning and development (L&D) data-driven, and accountable for business performance. So we have invested in a range of tools to align L&D, the business purpose, strategy, organisation and culture. The latest addition to this is the TransferLogix tool, which step-changes how training gets transferred into high-performance on-the-job behaviours. And it does this by first getting solid data on what is working and not working in the training.
This is a new to the world instrument, so we’ve just spent 3 days with in London training and planning for TransferLogix’s future in (more…)