Kumar H P
Hr And Compliance
Training, Hr, Life Skills
After conducting any programs we can get the immediate response from the participants. Yes dear Madhu, it is a Level 1 Evaluation method but helps us to improve.
After conducting any programs, post this chart provided with a bowl with stickers and ask the participants to stick under the column which they like.
The heading given in various columns can be changed as we need.
Hope it is clear now.
Thanks for your views.
Kumar H P
26th April 2008 From Hong Kong
Since everyone participating in this discussion is online we can utilise this platform to synergize our energies in finding a way to calculate ROI.
There can be few pointers:
a. Is it that ROI is always in terms of money
b. Can attrition rate be an parameter for ROI
c. What I feel is that we can have various parameters which can decide the ROI like attrition rate, reduced rate in re works , customer satisfaction index, employee satisfaction
Can you all give me more inputs so that we can lead towards something concrete?
Looking forward for valuable inputs.
26th April 2008 From India, Pune
a. Yes. ROI is a financial figure that compares the cost the investment (training program) with the financial return from the investment. In the case of training, the benefits of training first need to be converted to units money.
b. Yes. If one of the benefits of the training program is that employee attrition is reduced, then this can be converted into money saved.
Shortly, I will be releasing my new toolkit on measuring the effectiveness of training. It will include a complete section on measuring the ROI of training. I plan on having it released within the next four weeks.
Author: From Training to Enhanced Workplace Performance
28th April 2008 From Australia, Glen Waverley
Thank you so much for your response. Its so encouraging to get such responses. I am sorry to say, but I have not read the book you have authored and the way you have responded to my queries I have decided that I will take up that book. I also have visited the website.
Could you please elaborate how can we capture TNI for behavioural programs?
I am looking forward to your ROI kit
28th April 2008 From India, Pune
Since i am still a fresher... pls do explain few questions of mine.
concept of asking the trainees to mark with a sticker... dont you think it might be sometimes biased as they might follow what the previous person has rated coz of the reason that its an open rating system (one can see the other person rating..and even the trainer can see the trainee's rating)?
Also when i see the picture.. one can see that the percentage of rating is neutral(can be better). So how can one actually find out or rather what would be the paramenters for improving the training or to find out where the training lacks?
Also if you can tell me for what type of training such a method would best fit?
Thanks and regards,
28th April 2008 From Oman
well ur effort for training evaluation chart is acceptable but mostly when the trainees just have to put the stickers without their names on it then they would not b taking it seriously n hence this voting without names of the candidates would not serve the purpose.waiting for ur reply
1st May 2008 From India, Gurgaon