Value of Investment (VOI) vs. Return on Investment

Kapp Notes

Perhaps the constant effort to find the ROI of higher education or even training programs is mis-placed, should we be asking ourselves if an alternative exists? As the competitive landscape of higher education shifts and the training industry changes, using a measurement like Return On Investment (ROI) as the only guide for evaluating information technology investments like an LMS or an audience response system is a mistake.

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Breakthrough eLearning: How to Grow Your eLearning Business

Breakthrough eLearning

And this is even true of many organizations that have learning as a central mandate (e.g. universities, colleges, professional associations, sector-specific training organizations, etc.). I know it is possible to ramp up an eLearning program quickly.