The second edition of this bestselling book, 'Return on Investment in Training and Performance Improvement Programs,' guides you through a proven, results-based approach to calculating the Return on Investment in training and performance improvement programs. Jack Phillips has composed user-friendly ROI calculations, plus: *ten post-program data collection methods *ten strategies for determining the amount of improvement that is directly linked to training programs *ten techniques for converting both hard and soft data to monetary values 'Return on Investment in Training and Performance Improvement Programs, Second Edition' continues as a primary reference for learning how to utilize ROI to show the contribution of training, education, learning systems, performance improvement, and change initiatives throughout organizations. The book also details implementation issues, provides worksheets, and pinpoints non-monetary program benefits. A case study takes the reader through the ROI process step-by-step.
Every performance and learning consultant needs this book in their toolkit!
He is the principal author of FutureWork , the Revolution Reshaping American Business ( Praeger , 1994 ) , Closing the Literacy Gap in American Business ( Quorum , 1991 ) , and Workforce Education : Improving Educational Skills ( ASTD ...
The Phillips ROI Methodology utilizes five levels of evaluation, which are essential in determining the return on investment. All levels of evaluation must be conducted in order to determine the ROI of a meeting or event.
This book reveals how to use the ROI Methodology to clearly show the impact and ROI of soft skills programs.
'The Human Resources Scorecard: measuring the return on investment' is the first book to provide a comprehensive, step-by-step process for measuring return on investment in human resources programs.
How to Measure Training Results presents practical tools for collecting and measuring six types of data critical to an overall evaluatin of training.
Maximizing Return on Investment Using ERP Applicationsexamines: Unachieved Return on Investment as an undefined asset of thebusiness Methods to identify, quantify, and organize the Return onInvestment potential to pay for ERP programs The ...
This new, third edition of Jack Phillips's classic Handbook of Training Evaluation and Measurement Methods shows the reader not only how to design, implement, and assess the effectiveness of HRD programs, but how to ultimately measure their ...
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The assumptions are that completion of her MBA would increase this employee's value to your firm by 10, 20, 30, ... simple to determine the maximum you should spend per year to reduce turnover costs by 25% (.25 × $600,000 = $150,000).