If you’re a manager or in charge of training, you’ve probably come across ‘revolutionary new training packages that will ensure your workforce has all the skills to keep up with a growing market, blah, blah, blah’. Some of it might look pretty good, but it could cost your business both financially and in physical hours spent with staff stuck in training, away from their jobs.
Hindsight is a wonderful thing. And it can be easy to calculate the value of training after it’s happened. But, how do you figure out whether training is worth pursuing? There is a way of assessing its value before starting too – learning return on investment.
By the end of this course, you’ll be able to:
• Understand what learning ROI is, and why it’s important
• Choose training based on value rather than cost
• Calculate learning ROI
Why take this course?
If you’re a manager or person in charge of training and want to ensure that any training you undertake is financially viable, this course is for you. It will teach you about learning ROI, discuss its benefits, show you a simple method for calculation, and explain why measuring learning ROI is so important to your business.
10 mins | SCORM | Takeaway Tasks