Course description
Return on investment, or ROI, is a mathematical formula that investors can use to evaluate their investments and judge how well a particular investment has performed compared to others. An ROI calculation is sometimes used with other approaches to develop a business case for a given proposal. The overall ROI for an enterprise is used as a way to grade how well a company is managed.
Return On Investment (ROI) Professional training course is the most comprehensive way to gain the skills, resources, and knowledge to measure the value of projects and programs of all types - down to the financial return on investment (ROI).
Return On Investment (ROI) Professional training course advocates the adoption of a holistic approach to the evaluation and measurement of the effectiveness of training and will provide delegates with sufficient learning to enable them to make a convincing business case for training and the allocation of resources for training
Upcoming start dates
Suitability - Who should attend?
Return On Investment (ROI) Professional training courseis ideal for:
- Anyone in an organization who manages a training function or anyone responsible for determining the impact of learning and change interventions.
- This program can be beneficial even for those who have a strong research and measurement background.
Outcome / Qualification etc.
At the end ofReturn On Investment (ROI) Professional training course you will be able to:
- Understand the issues related to measuring and maximizing training ROI
- Plan, organise and deliver relevant training interventions
- Demonstrate the business case for specific training interventions
- Understand and be able to implement techniques applicable to identifying training needs
- Describe best practices in relation to employee development
Training Course Content
Day 1
Introduction – The Key Advantage: A Proficient Workforce
- The Strategic Role of Training, Learning & Development
- The Business Case for Investment
- Understanding Approaches to Effective Employee Development
- Evaluating Training Programmes and PDPs
- Models for Effective Measuring of Training Return on Investment
- Ensuring cultural support to maximize impact and ROI
Day 2
Aligning Training to Business Objectives – Maximizing Training ROI
- The Organisational Context
- Business Strategy: The Need for Long-term Planning for Future Skills and Competencies
- Identifying Development Needs
- Aligning Interventions with Business Needs
- Planning and Delivering Effective Training & Development
- Maximising the non-financial ROI of Interventions
Day 3
conducting your ROI impact study
Valid data collection methods
Data source and factors to consider
Obtaining meaningful information from collected data
Day 4
Getting to the Numbers
Data integrity and credibility
Concluding your ROI and BCR figures
Defining and establishing intangibles
Reporting ROI to stakeholders
Day 5
Making Evaluating Effective
- Models and Methodologies of Evaluation
- Incorporating the Results of Evaluation into Future Events
- Kirkpatrick’s Levels of Evaluation
- How Effective Evaluation Links to ROI
- Some Myths about Evaluation
- Course summary
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...