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How to Track Employee Training & Measure ROI

learnWorlds

Assessment scores: Individual and average assessment scores will give you an accurate idea of how well employees have assimilated the information and parts of the training they might still feel unsure about. Although superficial, a completion rate will give you a first idea of how engaging your training course has been.

Track 40
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The Essential Guide to Learning Analytics in the Age of Big Data

Lambda Solutions

This is how learning analytics works within the context of your organizational learning management system (LMS): Learning management systems, like Moodle and Totara , collect a vast amount of user data. Every time a user interacts with a learning module, forum, assessment, or communication tool, the LMS records, and stores that information.

Analytics 130
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Opinion Piece: L&D and the Correlation-Causation Fallacy 

Acorn Labs

Correlation is a useful statistical technique, but it shouldn’t be used to prove return on investment in L&D. Think traditional KPIs such as: Time to proficiency Knowledge gain in practice Knowledge retention Training performance vs the performance of the organisation Stakeholder satisfaction Net Promoter Score.

Metrics 52
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Opinion Piece: L&D and the Correlation-Causation Fallacy 

Acorn Labs

Correlation is a useful statistical technique, but it shouldn’t be used to prove return on investment in L&D. Net Promoter Score. Correlation is any statistical relationship or association between two data sets, aka two results that occur at roughly the same time. Think traditional KPIs such as: Time to proficiency.

Metrics 52
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Starting a Customer Education Program: What You Should Know

Talented Learning

Jason Cohen’s “smart bear” blog effectively illustrates this concept: Although your senior executives may not care exactly how many hours of training you deliver or what kind of customer satisfaction scores you receive, they do care about your CAC/LTV ratio. Customer satisfaction scores? Need Proven LMS Selection Guidance?

Custom 100
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5 Ways to Enhance CME Marketing Based on Historical Data

EthosCE

Those metrics within your data—such as course completion rates, learner assessment scoring, and even email responses—represent patterns which may show you how, for example, a change in your curriculum may have impacted learner performance and/or satisfaction over time. Take an objective look at your marketing fails.

Market 40
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How to Offer CPE Credits & Compliance Training Online (2020 Guide)

learnWorlds

How to Choose the Best LMS for Online CPE/CPD Training. The number of credits that a certain professional needs to earn varies and is determined by different governmental, state or professional bodies and associations (read below for more information on how a course gets accredited). Active membership to an association chapter.