Measuring & Maximising Training ROI

Code

116

Start Date

2024-04-28

End Date

2024-05-02

City

Jakarta

Price

3450 $

Language

Participants

1-15

Hotel

THE AKMANI

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The Course

Training can have a strategic impact on an organisation yet many organizations’ do not know or understand if they are receiving value for their investment in training. This course is designed to demonstrate that training has a strategic role and will demonstrate how organizations can obtain greater value from their investment in training.

Highlights of the course include:

Setting training investment at the strategic level and establishing its contribution to the achievement of strategic organizational objectives
Ensuring that proposed training programmes are relevant and the business case is made for the planned expenditure
Learning techniques to monitor the impact of training in the workplace
Learning techniques to identify future training needs at the strategic, operating and individual level
Being able to establish that the maximum return on the training investment has been achieved

The Goals

By the end of this course participants will be able to:

Understand the issues related to measuring and maximizing training return on investment at both a strategic and operating level.
Plan, organise and deliver training programmes and events which are relevant to and will contribute to the attainment of the organisation’s strategic objectives.
Demonstrate and be able to make the business case for specific training programmes and events and therefore be able to justify training related expenditure.
Understand and be able to implement the techniques applicable to identifying and delivery relevant training needs.
Describe best practice in relation to employee development and therefore contribute to the achievement of competitive edge by improving employee retention rates.
Monitor and review the effectiveness and impact of the training ‘spend’ and as a result be able to apply measures to training related processes.

The Process

The training methodology used is designed to encourage maximum participation by all delegates. The presenter will suggest ideas and theories to the delegates and then encourage them to test out the ideas by the use of discussion, small group work, exercises, case studies and feedback. Each day of the seminar will end with delegates completing their own record of what has been learned on the day and considering how the ideas might be transferred back to the workplace.

The Benefits

Will enable participants to make the business case for training plans and to justify expenditure.
Will learn techniques applicable to the identification of training needs and the continuous monitoring of the impact of training in the workplace.
Will promote a greater understanding of the need to align training expenditure with strategic business and organizational objectives.
Will enable participants to apply best practice in planning, organizing, and delivering relevant and appropriate training programmes and monitoring the impact of training in the workplace.
Will create a greater understanding of the business contribution and role of training in creating and sustaining superior organisational performance.
Will enable participants to positively influence the achievement of the effective planning and delivery of relevant training programmes, change behaviour in the workplace and demonstrate added value of training through effective measuring of training outcomes thereby demonstrating maximum and optimum return on the training investment.

The Results

Training expenditure will be aligned with organizational, strategic and cultural values
The business case for specific training plans and programmes will be made in a convincing manner
Training plans and programmes will be more effectively targeted to key areas
Training investment (as a result of the above) will be utilized more effectively and organizations will be able to measure and maximize the return on investment
Plans and programmes will be established to monitor on a continuous basis the identification of strategic and individual training needs and to monitor the impact of these programmes in the workplace
The organisation will be recognised as an employer of choice through a proactive approach to training

The Programme Content

Day One : Introduction – An Overview of the Strategic Role of Training

The strategic context of training
The business case for training investment
The principles of effective employee development
Training models and approaches
Establishing training needs
Evaluating training
Establishing appropriate processes for measuring training return on investment (ROI)
The role of senior managers, HR professionals and line managers in measuring and maximizing the training ROI

Day Two : Aligning Training to Business Objectives: Maximizing Training ROI

The organizational context
Business Strategy: the need for long term planning for future skills and competences and the identification of skills gaps
Identifying the training need
Aligning training with business needs
Planning training
Delivering effective training
Maximising training ROI

Day Three : Measuring Training Return on Investment ROI

The arguments for and against measuring the cost and effectiveness of training
Making the business case
What and how to measure
Identifying the appropriate success criteria
Measuring the effectiveness of training
Forecasting costs
Forecasting benefits
Calculating the training ROI

Day Four : Managing the Training Process

Identifying the appropriate approach to training
The roles and responsibilities of senior managers, HR professionals, line managers and employees
Establishing training objectives at the strategic level
Identifying training objectives at the operating and individual level
Maximising ROI - preparing training budgets
Planning and Implementing training
Internal or external training provision
Determining how training will be evaluated

Day Five : Evaluating Training

Evaluation models and approaches
Purpose of evaluation
Some myths about evaluation
Levels of evaluation
Evaluation methodologies
Linking evaluation to training ROI
Course summary
Personal development planning

European Quality Training and Management Consultancy reserves its full right to change the location of the training program and change the approved lecturer to provide the training program in accordance with the European Quality vision and the conditions of holding the program without prior notice

The European Quality Training and Management Consultancy adopts modern methods of training and raising the efficiency of human resources development, so we follow:

Theoretical lectures through PowerPoint presentations and Visual presentations (videos and short films).
Scientific evaluation for the trainee (pre & post-evaluation).
Brainstorming, application and representation of roles.
Practical situations that are appropriate to the scientific material and with the nature of the work of trainees.
Tests at the end of the course.
The participant receives the scientific and practical material for the training program printed and saved on CD or Flash Memory.
Attendance reports for participants and final results reports with general evaluation of the program.
The scientific material of the training program is prepared in a scientific and professional manner, this is done by the best professors and trainers in all fields and all specialties.
At the end of the program, the trainee is awarded a certificate of attendance and participation issued by the European Quality for Training and Management Consulting, provided that they complete at least 80% of the program's days
The terms and conditions for registration, payment and cancellation apply to all training programs. To see the conditions, please visit the following link, click here and your registration in any training program means your acceptance of the terms and conditions for registration, payment and cancellation
The terms and conditions of the training programs venue apply to all programs, and your registration in any training program means your acceptance of these terms and conditions
All prices on the site do not include the 5% VAT

Registration policy

European Quality Training and Management Consultancy rejects any registration application from any client without a recommendation letter addressed to European Quality Training and Management Consultancy by human resources department or training department of the applicant's employer.
To register for any training program, the deadline is before the training program start by 21 days, and any application after this date is rejected, except for who are accepted according to European Quality Training and Management Consultancy terms and conditions.
European Quality Training and Management Consultancy has the right to accept or reject any registration application without explaining any reasons.
The deadline for registration in any training program is 14 days before the start of the program and no registration is accepted after that, except for those who are approved according to the terms and conditions of the European Quality Training and Management Consultancy or with official approval and confirmation of registration issued by the European Quality Center for Training and Management Consulting
European Quality Training and Management Consultancy does not adopt the policy of the minimum number of participants in the training program if it is not stated explicitly in the terms of the program contract between the trainee or his work and between the European Quality Training and Management Consultancy .
European Quality Training and Management Consultancy has the right to change, modify, or update this policy without prior notice, and the client has to review our policy before registering for any training program.
By registering for any of our training programs, you agree to our policy.

Price and payment policy

All prices shown on European Quality Training and Management Consultancy website are for joining training programs, excluding (hotel bookings for trainees - flight tickets - transportation - travel insurance - and any other special needs of travelers).
The training programs prices shown on European Quality Training and Management Consultancy include only (attending the program, practical and scientific material, coffee breaks, and a certificate after completing the training program.)
If the registration is personal by the client, then he has to pay the training program fees before the starting date by 21 days, via bank transfer to European Quality Training and Management Consultancy account.
If the registration is under an official letter issued by the trainee's employer, then the employer is responsible for paying the training program fees and European Quality Training and Management Consultancy has the right to claim the program fees before its starting date.
The trainee's employer is obliged to send the fees to European Quality Training and Management Consultancy account within a period of 90 days at maximum, from the program ending date.
European Quality Training and Management Consultancy has the right to change, modify, or update this policy without prior notice, and the client has to review our policy before making any deal.
By registering for any of our training programs, you agree to our policy.

Cancellation policy

The client do not has the right to cancel his reregistration before the starting date by less than 21 days. If the client cannot attend the training program for any reason, he can attend another training program at any other time, and he shall not be entitled to claim to European Quality Training and Management Consultancy any money or compensation in any way.
European Quality Training and Management Consultancy is entitled to cancel the registration of any participant in any training program without explaining the reasons, in accordance with European Quality trends and policy.
European Quality Training and Management Consultancy is entitled to confirm the registration according to its status and provide seats according their general policy.
European Quality Training and Management Consultancy is entitled to cancel any training program and is committed to refund all fees paid by the clients.
European Quality Training and Management Consultancy is entitled to change the training program venue as required without explaining any reasons, and they are not committed to refund any paid fees if the client cannot attend the program or the new venue is not suitable for the trainee's employer because of an emergent change of the venue, and the paid fees are saved in the client's account and can be used for registration for other training programs at another time.
European Quality Training and Management Consultancy has the right to change, modify, or update this policy without prior notice, and the client has to review our policy before asking for cancelation.
By registering for any of our training programs, you agree to our policy.

Discount policy

The European Quality Training and Management Consultancy offers special prices on some training programs for groups to participate in the programs (more than three participants in the program) starting from 20% and up to 40% of the basic price of the program and the discount rate is approved according to a technical and financial offer addressed to the trainee's work, showing details The program, the date of the meeting and the discount rate. When the price is approved after the discount, the new price of the program will be clarified on the website. It is available to all customers who wish to take advantage of the new price and participate in the activities of the training program
that you register in any program The acceptance of the policy of discounts applied to the European Quality Training and Management Consultancy.

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