The nuts & bolts of valuing training
- Exploring Methods to Evaluate the Return on Investment from Training. Rowden, Robert W. // American Business Review;Jan2001, Vol. 19 Issue 1, p6
Presents methods for evaluating the return on investment in employee training in the United States. Details on monetary benefits of training workers; Determination of return of investment for public and private organizations; Estimates of training expenses and programs.
- Training's return on investment hard to quantify. Heron // Business Journal (Central New York);1999 Supplement HR Guide, Vol. 13, p16
Focuses on the effects of occupational training programs of companies on its return of investment. Demand of retraining on employees; Ways to assess the value of corporate training programs; Adoption of the Level-V return-on-investment method; Processes in gauging training success relative to...
- MAKING MANAGEMENT DEVELOPMENT PAY OFF. Gabora, H. // Training & Development Journal;Aug78, Vol. 32 Issue 8, p64
Offers suggestions to improve the return on investment from management development programs. Importance of linking management development programs to corporate goals; Critical review of training plans; Use of realistic learning activities.
- ROI Best Practices. Phillips, Jack J. // Chief Learning Officer;Oct2003, Vol. 2 Issue 6, p50
Lists best practices in use of return on investment (ROI) as a measurement tool for learning and development (L&D). Implementation of ROI as a process-improvement tool and not a performance-evaluation tools; Integration of ROI methodology data to create a macro scorecard for the L&D function.
- How to Measure Training's ROI. Adair, Rodger // Credit Union Executive Newsletter;03/12/2001, Vol. 27 Issue 8, p1
Focuses on the impact of employee training on return of investment (ROI) in the United States. Enumeration of trainings with effective ROI; Issue of cost-effectivity; Establishment of ROI baseline.
- How to Calculate Training's ROI. Lanphear, Sue // Credit Union Executive Newsletter;12/2/2002, Vol. 28 Issue 39, p2
Provides tips on analyzing training needs, development and implement training, and calculate return on investment in Washington. Evaluation of the current performance levels; Identification of the desirable performance or behavior of employees; Calculation of the cost of developing and...
- The Investment Yield of Manpower Development. Cornel, Leroy A. // Monthly Labor Review;Jun65, Vol. 88 Issue 6, p672
Assesses the return on investment on manpower development. Details of a related study made by the Office of Education in 1964 and which involved people who received occupational training under the Manpower Development and Training Act of 1962; Features of the training program.
- Training for the long run: a cost-benefit perspective. Sorenson, Stephen M. // Engineered Systems;May2002, Vol. 19 Issue 5, p34
Focuses on factors that influence the decision to design and implement a training program. Examination of the potential costs and benefits of training; Methods used by organizations and institutions in providing value training; Importance of an effective training program to increase the rate of...
- RETAINING AFTER TRAINING. Lermont-Pape, Heather // Rural Telecommunications;May/Jun2002, Vol. 21 Issue 3, p26
Discusses ways for managers to maximize the return on their training investment. Learning principles to ensure that employees retain and apply the information they get in training; Definition of four basic learning styles; Things to consider in designing a company's training course.