Proving ROI: 15 Learning and Development Metrics That Matter
Organizations want to be successful. They want to know that their efforts are providing benefits and that strategies put into place are providing the intended outcomes. While strong sales are a universal measurement that any company hopes to experience, metrics related to learning and development programs might be more difficult to capture and analyze. It […]
How to Calculate and Maximize Training ROI
Any initiative should have a return on investment—or why go through with the project in the first place? When the performance of people is involved, it’s difficult to know whether the training worked. Leaders would like to measure the business impact, most importantly whether the training was able to bring about improved work performance that […]
Why L&D Has a Crucial Role to Play in Tackling the Skilled Labor Shortage
“The Great Resignation” is well underway. While early into the pandemic, businesses laid off millions, the opposite is happening now: millions are quitting. This has been driven by several factors, including employees’ reluctance to go back to the office due to increased health risks. Others have resigned to switch careers or pursue their passions, as […]
3 Ways to Evaluate the Learning Culture in Your Organization
As pressure mounts to embrace new technologies and adapt to the new world of work, the concept of a learning culture has never been more relevant or more essential than it is right now. Training employees to incorporate new technologies, embrace updated policies and procedures, or understand changing industry or government regulation has always had […]
How To Measure the Business Impact of L&D
There’s certainly no shortage of metrics L&D can use to measure training programs. From the number of hours employees spend completing a course to assessment scores, numbers abound and can be tracked accordingly. While such metrics as course completion rates and pass/fail rates are certainly valuable, learning leaders are increasingly searching for ways to measure […]