I need someone to help me with theory and process of Calculating ROI from training perpective. As a Training manager If I have to showcase the return over investment how do I go about it . If someone has any document or PPT with detailed information kindly help me with that . I need help here . Need to go through an interview for Training Manager profile
From India,
From India,
Dear Preetam,
Though there is general rule for measuring ROI on training, it is important to customise the measures. You have not mentioned the nature of the industry or the finished product or service of the company for which you have applied for the post of Training Manager.
As far as ROI on training is concerned, there are large number of posts available on this forum. You could have checked this forum. I have also given sufficient number of replies on such posts. You may click the following link to refer the replies:
#post2015092
#post1969910
https://www.citehr.com/311628-measur...ml#post1411484
(though this is related to technical training, the comments are useful to behavioural training as well)
https://www.citehr.com/119766-kirkpa...tml#post758770
https://www.citehr.com/171892-honeym...tml#post743051
https://www.citehr.com/137807-parame...tml#post712618
https://www.citehr.com/479129-how-ge...ml#post2112781
https://www.citehr.com/336611-roi-ca...ml#post1552221
https://www.citehr.com/423763-evalua...ml#post2149785
https://www.citehr.com/498440-how-ca...utomobile.html
https://www.citehr.com/446478-traini...-industry.html
I recommend you going through the above links patiently. It will enhance your training awareness.
Final comments: - For any training to be successful, you need to measure the costs associated with the business. Measurement of training is cost before the training and cost after the training. Though measurement of ROI on training is simple, measuring the costs and designing training programmes to reduce the costs is not simple.
All the best!
Dinesh Divekar
From India, Bangalore
7855Though there is general rule for measuring ROI on training, it is important to customise the measures. You have not mentioned the nature of the industry or the finished product or service of the company for which you have applied for the post of Training Manager.
As far as ROI on training is concerned, there are large number of posts available on this forum. You could have checked this forum. I have also given sufficient number of replies on such posts. You may click the following link to refer the replies:
#post2015092
#post1969910
https://www.citehr.com/311628-measur...ml#post1411484
(though this is related to technical training, the comments are useful to behavioural training as well)
https://www.citehr.com/119766-kirkpa...tml#post758770
https://www.citehr.com/171892-honeym...tml#post743051
https://www.citehr.com/137807-parame...tml#post712618
https://www.citehr.com/479129-how-ge...ml#post2112781
https://www.citehr.com/336611-roi-ca...ml#post1552221
https://www.citehr.com/423763-evalua...ml#post2149785
https://www.citehr.com/498440-how-ca...utomobile.html
https://www.citehr.com/446478-traini...-industry.html
I recommend you going through the above links patiently. It will enhance your training awareness.
Final comments: - For any training to be successful, you need to measure the costs associated with the business. Measurement of training is cost before the training and cost after the training. Though measurement of ROI on training is simple, measuring the costs and designing training programmes to reduce the costs is not simple.
All the best!
Dinesh Divekar
From India, Bangalore
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ROI Training.zip