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This month we tackle a couple of HOW questions with respect to getting maximum ROI from your training effort. As we discussed last month, we know that alignment of corporate strategy and the initiatives that are designed to implement strategy is the first step in determining what training effort is required. Once you have a clear and consistent picture of corporate strategy, the rest is easy! Not so easy you say? Well, it is if you can take a few very specific steps with others in the organization to describe and catalog what strategy-enabling initiatives you will be supporting from a training perspective and how you will render that support. Let’s look at the principles you must follow to make sure training is aligned with strategy:
Once you have mastered the principles of well-aligned training and development, you are ready to take some specific action to ensure that you are training the right people on the right things. This should put you in perfect alignment with business strategy in the appropriate business context. You could also find them in between in various ways. You could find that some of the strategies are specific and some vague. The important thing is for you to bring the correct training and development remedy to bear on each strategic initiative. Moving farther left on Exhibit 1, you will see that to align your effort with strategy, you must respond to specific, clear, and well-communicated strategies with pinpoint implementations. More vague strategies demand focus on business process training recognizing critical gaps in perfect performance of process. Even more vague strategies demand a focus on general operating competencies. Refer to the information in Exhibit 1 as you check your strategic alignment.
Once this process is complete, you are ready to determine the ROI on training. We will discuss some specifics with respect to calculating ROI on training and development in our next issue. Until then, make sure you are aligned with the business strategy! BlogBites http://elearningtech.blogspot.com/ http://www.elearningpost.com/ http://www.elearnspace.org/blog/ If you have a great blog (or know of one) that you want to share, send us the link. We just might include it in a future Simpact edition. Send the link to our Expert.
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Listen to this month’s discussion about the latest issues regarding e-Learning and immersive learning simulations.
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Do you use ROI as a basis for determining when to develop e-Learning courses? Yes How often does your organization demonstrate ROI of e-Learning courses? Every project Question: Answer:
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