Wednesday, April 27, 2011

Training For ROI

American Society for Training and Development (ASTD), 70,000 companies around the world to learn a professional association of experts, that an employee training program in his study "Profiting from Learning needed to make the case for the new ammunition provides: What firms' investment in education and training pay out? "he says, companies can view employee training as an investment and R & D and capital expenditures should be reported with their financial statements. While perhaps some companies will be reporting to training as an investment, it certainly is an operating cost that gives a good return.

Given that the latest figures show that the poor in the United States staff costs businesses $ 105 billion each year dealing with performance, the managers of their time redoing or correcting the mistakes of others 14% of the cost, and, A recent consumer study, fifty-seven percent of consumers poor service, lack of employee training is a major factor, employee training, the most important expenses a company getting a return on their investment in terms of a grave can be of identified as surveyed.

Right training, employee performance and production, less management time can improve problem solving and customer satisfaction will improve. However, how a company "the right training?" Raises technology training, team work training, motivational training, classes, sales training, job training, writing functions and procedures, training of the type of list is almost endless. Old and new online training, classes, rapid e-learning, DVD and CD Rome, training, etc. as training methods, different types and you "fix" training for employees begin to see the difficulty associated with choosing .

First, set goals for training and results to ensure goals. Make sure you teach the skills necessary to make the training goal. Your employees what they think they need to know your work well to get the input.

A training plan based on problems / needs to be addressed to policy development. To determine exactly what skills need to be taught and staff members who need training in the fields.

Training to implement the format and schedule resources. Format, group or person can be at home or out-sourced, and resources on alternative CD, intranet and Internet resources, traditional classroom, including books, DVDs, etc. In other words, a way to present material that your employees match learning styles.

Evaluate each training session to introduce you, regardless of format or used resources. Ask the staff for written evaluation of their training and results to determine a way to determine, for example, error analysis skills of the employees / the work after training was reduced.

A training needs that most companies face every year is an example of technology training. With rapid advances in computer technology, companies often need to update hardware and software, but without training, you and your staff enough time and money with unfamiliar technology will be wasted trying to accomplish old tasks. Many experts have suggested that 70 percent of your technology budget for training and hardware and software must be just 30 percent. However, those figures are based on last year, and everything to do with the computer, like last year old.

Using e computer training, which has helped many companies at a lower cost than traditional training to enhance the reach of training to learn their view. However, it still was not cheap. Development and delivery requires advanced skill sets and long turnaround time. Today, several methods of rapid e-learning that can be used to quickly and cheaply, quickly train employees on software functions to create the learning tools are available. For example, we recently on a new data entry work to train some staff were unfamiliar with a database they need to be. Our SMEs audio, video, with a record of training modules, review questions and made about two hours while actually working on a database, in fact less than half an hour of productive time lost. Minimum training time employees being trained, needs to be about thirty minutes at least enough to work, work, work began on the day by the end of the work was efficient. Since the training modules had a record season, it still exist if employees need a refresher or temporary or replacement workers for training. The cost and time efficient training, hardware and software is more than your budget.

Today, more and more companies are embracing new learning resources and training rather than the specific task-oriented policy or program development. In other words, companies for training in Microsoft Word so much as they do not see how the staff will use the word in their specific job looking car. Rapid e-learning as new resources, time and money companies spend on training can reduce growth.

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