Managing Training Effectively and Measuring the TRUE ROI
10 February 2010
A competent workforce is an imperative for corporate survival, let alone successful operations. Companies have realized this and are spending more time, money and effort than ever to make it work. Training spent is increasing by at least 15% every year* (2006 Training spent in Asia $ 30B), 45% of which goes to payroll of training planning, administration and management. While the cause is very significant, the outcomes need to be properly measured and effectively managed to make the effort count for sustainable improvement and continued success.
This 1-day program focuses primarily on reinstating the way to effectively setup or strengthen a TMS (Training Management System) within the organization and using simple yet proven techniques, it helps understand how to calculate the TRUE Training ROI & help management make strategic decisions about human capital investment which have direct impact on bottom-line performance.
Who Should Attend
HR Managers
Learning and Development Managers
Training Managers
Quality Managers
Department Heads
Anyone who is tasked to manage learning and competency development in the organization
How You Will Benefit
At the end of the training, participants are expected to:
Understand and appreciate the importance of effective organizatonal learning and development.
Strengthen your training management plan based on ISO 10015 complying to ISO 9000 requirements.
Identify and assess the true training ROI to better manage funds and resources.
Learn how to create a strong training and competency management framework for performance excellence.
Align trainings to the organizations strategic objectives and measure how it affects the bottomline.
What You Will Cover
Org. Training & ROI An Overview
Effective Training Management The Best Practices
Training Management Cycle (ISO 10015)
Effective Delivery and Evaluation Keys to Success
Introduction to Training ROI
Training ROI Calculation The Best Practices
Linking Training Results with Objectives
ROI Calculation The Fifth Level Key Steps
Isolating Training Effectiveness and Converting to Monetary Value
Calculating ROI & Key Challenges
Exercises and Case Studies
Training Investment: Php 8,500 ECCP Members, 9,000 Non Members
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