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Last updated:
April 8, 2022
Duration:
4 weeks
This course includes:
4 weeks
Badge on Completion
Certificate of completion
4 weeks
Description
Return on investment is a ratio between net profit and the cost of investment. A high ROI means the investment's gains compare favorably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.
Overview/Description
In business, the purpose of the return on investment (ROI) metric is to measure, per period, rates of return on money invested in an economic entity in order to decide whether or not to undertake an investment. It is also used as an indicator to compare different investments within a portfolio. The investment with the largest ROI is usually prioritized, even though the spread of ROI over the time period of an investment should also be taken into account. Recently, the concept has also been applied to scientific funding agencies’ (e.g., National Science Foundation) investments in research of open-source hardware and subsequent returns for direct digital replication.
Course Content
- Measuring the ROI of Training
- Agenda - Measuring the ROI of Training
- Measuring the Effectiveness of Training Program and Process
- The Four Levels of Evaluation
- Level 1 - Reaction
- Level 2 - Learning
- Level 3 – Behavior Application
- Level 4 – Business Results
- Level 5 -Return on Investment of Training
- Criteria for Selecting Programs for Levels 4 and 5 Evaluation
- Benefits of ROI of Training
- ROI of Training Model
- Return on Investment Formula
- Collecting Data
- Example of Performance Indicators
- Example of Hard Indicators
- Example of Performance Results
- Isolating the Effects of Training
- Steps of Converting Data to Monetary Values
- Tabulating Cost of the Program
- An Example to Illustrate ROI analysis
- Enhancing Training Effectiveness
- Source of Barriers to Training Transfer
- The Transfer Partnership
- The Transfer Matrix
- Before Training
- During Training
- After Training
Course Curriculum
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- Measuring ROI of Training 00:05:00
- Agenda 00:05:00
- Measuring the Effectiveness of Training Program and Process 00:10:00
- The Four Levels of Evaluation 00:20:00
- Level 1 – Reaction 00:20:00
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- Level 2 – Learning 00:15:00
- Level 3 – Behavior Application 00:15:00
- Level 4 – Business Results 00:30:00
- Level 5 -Return on Investment of Training 00:10:00
- Criteria for Selecting Programs for Levels 4 and 5 Evaluation 00:05:00
- Benefits of ROI of Training 00:05:00
- ROI of Training Model 00:05:00
- Return on Investment Formula 00:05:00
- Collecting Data 00:05:00
- Example of Performance Indicators 00:05:00
- An Example to Illustrate ROI analysis 00:15:00
- Enhancing Training Effectiveness 00:10:00
- Source of Barriers to Training Transfer 00:05:00
- The Transfer Partnership 00:05:00
- The Transfer Matrix 00:05:00
- Importance Of Health And Safety In The Workplace FREE 00:10:00
- Basic Health & Safety at Workplace Video FREE 00:20:00
- Measuring ROI of Training Test 00:45:00
About the instructor
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