Measuring Success ROI Tools. Everyone wants to be successful….. but measuring success can be challenging.

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Presentation transcript:

Measuring Success ROI Tools

Everyone wants to be successful….. but measuring success can be challenging

Quality Performance Quality Care How do you know education makes a difference?

If you manage a learning solution but can't explain how it impacts people or the organization, then: (a) you won't get credit, (b) you won't know if you can repeat it successfully, and (c) you won't know if its really working.

What is your organization aiming for? Cost Savings Standardization 100% Compliance More people trained Speed to Work.

Using ROI tools How much does standard education cost? How much does online education cost? How much is a live event? How much is a virtual event? Are your savings believable? Try an ROI calculator

Other ROI Savings Every day an employee is not fully up-to-speed costs the organization money in terms of lost productivity or increased errors. Reduced Waste due to improved productivity/training Staff savings for shorter orientation time (new employee doesn’t have to be partnered as long) What else?

Using ROI Tools

Define your goals Track performance Celebrate your Success!

Questions?