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Podcast 33: Training ROI in Action – With Ajay Pangarkar

Talented Learning

EPISODE 33 – TOPIC SUMMARY AND GUEST: If you want to communicate with business leaders about the value of learning programs or technology, training ROI can be a powerful tool. No one I know is more uniquely qualified or passionate about this topic than Ajay Pangarkar , CTDP, FCPA, FCMA.

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Measuring learning ROI is hard – but not impossible

Axonify

Basically, employees do not benefit from a one-size-fits-all training approach. Here are the three key principles of memory you need to know: Spaced repetition: True to its title, this concept requires information to be repeated or reinforced in a manner that is spaced out over a period of time. Having all of this data is great — but what you really want to know is how you can tie all this back to business results. 3 critical learning metrics to help you measure ROI.

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Investing in your Personal ROI without being Self-Centered

Mindflash

So invest in your education, and thereby increase your personal ROI. And, if you lead or manage others, invest in their education, and help to increase their personal ROI, too. Often, the upfront investment in individual training (personal ROI) results in employee satisfaction and a willingness to stay on board with the company. And satisfied and better trained employees contribute to an increase in corporate ROI. First, Know the Business Needs.

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The Best Sales Enablement Software [With Recommendations]

Zunos

Lots of sellers want to know which sales enablement tools are best. Sales Training and Coaching. Sales training and coaching software is important to make sure everyone is “on board.”. Sales Training and Coaching. Bigtincan Learning for Sales Training and Coaching.

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Measuring Training Return on Investment

mLevel

Introducing Performance Metrics for Learning. And analytics are baked in – users do not need to know xAPI or any other programming language to make this happen, they simply need to tag the data or build a content grid (which only requires typing as a skill). We can additionally integrate Salesforce & Dynamics data to help match learning gaps towards performance goals and drive real-time coaching conversations with your sales and service teams.

Measuring Training Return on Investment

mLevel

Introducing Performance Metrics for Learning. And analytics are baked in – users do not need to know xAPI or any other programming language to make this happen, they simply need to tag the data or build a content grid (which only requires typing as a skill). We can additionally integrate Salesforce & Dynamics data to help match learning gaps towards performance goals and drive real-time coaching conversations with your sales and service teams.

How L&D Can Deliver Real Strategic Impact to the Organization

Enyota Learning

They can drive constant coaching and mentoring. Learning and development departments that will drive strategic impact can do so by creating learning strategies that are contextual, specific, and timely. These departments would have regular sessions to understand what the learning communities expect, what are the improvements to make or what are the gaps in the current learning initiatives. By reporting the ROI of training.

How To Select The Right Modality For Your Training: 5 Must-Ask Questions

Roundtable Learning

How do you know which modality is best for your training program? Everything You Need To Know. 3 Critical Steps To Ensure Strong Training ROI. This ensures learners know what to expect. Verifiable — Learning objectives need to be measurable through metrics.

Free learning & development webinars for June 2020

Limestone Learning

She’ll discuss why it’s imperative for a training program manager to find the balance between their self-development and developing their workforce to achieve a program with maximum engagement and higher ROI. Leverage the power of coaching. Know of any upcoming free L&D webinars?

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How to Track Employee Training

Unboxed

So you’re probably thinking, “I agree, but how do I know if what I’m investing in is paying off?” To understand the ROI of training, it needs to be accurately tracked. Additionally, employees have the ability to test out of courses they have mastered to spend more time training on topics they don’t know as well. The more you measure, the more you know. To grow your business you have to know your business. How do you feel post-training?

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Role of a Learning Consultant: Insightful discussion imported from LinkedIn

ID Reflections

Sahana Chattopadhyay Senior Consultant at Zensar Technologies What does a Learning Consultant do? I am interested in finding out if there are any defined set of tasks that a learning consultant would do to enable organizational learning. But there would still be some baseline tasks that a consultant would do in this respect. Sushant Singh Even i am interested to know about the same, can anybody help please. Never build a training program that dont have a ROI.

Free L&D webinars for April 2020

Limestone Learning

Wednesday, April 1, 2020, 10AM – 11AM PT: Key Components of Building a Successful Internal Coaching Program (Free for ATD members) Building coaching programs and coaching cultures within organizations is an increasing trend. Identify, assess and close skill gaps.

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Role of L&D in Creating Effective Sales Enablement Strategies

Kea

In short, everything the team needs to know to drive customer decisions. One of its major roles is to fill in the gaps between sales and marketing content strategies. . Why Do Sales Enablement Technologies Fail? Sales Reps are Doing Unproductive Tasks. Also, with the abundance of information available online, they rely on coaches and mentors to discover the right information and guide them through the learning process. . Allowing Mentoring or Coaching.

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Valuable Insights from ATD’s TechKnowledge 2018 Conference

ReadyTech

For attendees interested in learning actionable tips on how to use reinforcement to improve training and increase results, Wurth outlined practical tips on building reinforcement objectives; measuring knowledge retention; closing the common training reinforcement gaps, and achieving the three phases of behavior change. He explained that ROI is 0% until you see behavior change. John Mattox , Managing Consultant at Corporate Executive Board , presented on how learning drives metrics.

CLO Competencies: The Path for Future Learning Leaders

CLO Magazine

While implementing these general management projects, were these future learning executives able to anticipate issues, determine the right data and associated metrics, predict outcomes, and recognize key trends and patterns? They must be familiar with gap-analysis systems, career and succession planning systems, skills management systems, skill banks, learner management systems, and the importance of integrating data from these oftentimes disparate systems.

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5 Ways to Simplify Your Employee Training Process

eFront

For example, calibration with recruitment folks regarding hiring profiles help lower fallout rate, increase ROI, and accelerate speed to competency. As important numbers may be, we all know too well that the entire story isn’t represented by statistics alone. Taking some time to get to know your learners can avoid this analysis pitfall and give you better insight on the real issues that need addressing.

Free L&D webinars for June 2018

Limestone Learning

Unconnected employees hurt your business when they fail to see the big picture, don’t know how to uncork bureaucratic bottlenecks, and don’t contribute to enterprise-wide results. Experienced facilitators know that even the most beautifully designed, carefully planned sessions can go off the rails. Tuesday, June 5, 2018, 9AM – 10AM PT: How to Coach After the Engagement Study Organizations continue to use engagement studies to measure workplace cultures.

Free L&D webinars for October 2018

Limestone Learning

Tuesday, October 2, 2018, 9AM – 10AM PT: How to Deliver a Coaching Training Program Managers Love! Coaching is much like a foreign language and requires practice and application; therefore, this webcast will teach very specific methodology of how to not only train managers but what support requirements are needed to help them transition from management to management coaching. How do you cut through the clutter to determine what’s truly effective?

Dive In

CLO Magazine

Done effectively, leadership development can have a positive impact on the business (sales, customer satisfaction, operational efficiency), ultimately leading to a beneficial ROI. Deloitte’s “High-Impact Leadership” report shows that these result in a widening capability gap for building great leaders, with weak cross-industry leadership pipelines. However, there is a difference between knowing what good leadership looks like and being able to do it.

9 Top eLearning Trends of 2017 from 49 Experts

eLearningArt

Where do you even start? We all know that trends don’t happen anew on January 1st. Connie, known online as the “eLearning Coach,” is the author of Visual Design Solutions , a top rated eLearning design book. Biggest hidden trend: more companies are doing research on their own products! To do this Microlearning becomes the ideal solution and mobile via responsive learning becomes the ideal vehicle. Frequently, this means doing more with less.

6 Mistakes To Avoid When Developing Compliance Online Training

EI Design

But only if you know how to use them wisely and avoid the most common pitfalls. It’s also a great time to do some housekeeping and omit information that’s outdated or irrelevant. Even though you know that you are creating compliance online training, you still need a firm grasp of who you’re creating it for. Conduct surveys and assessments to identify gaps and gauge employee expectations.

Free L&D webinars for May 2018

Limestone Learning

Tuesday, May 1, 2018, 11AM – 12PM PT: The ROI Dilemma: Measuring Results of Your Learning Programs (Free for ATD members) Significant resources are being allocated to training and development across most organizations, but many companies still find themselves unsure of results. L&D can’t prove ROI using the same methods other parts of the business do. Much of the effort around expensive ILT is focused on reducing costs as a means of improving ROI.

How to Build Executive Alliances

CLO Magazine

Bennett and nine other individuals dissected the company’s structure, role and responsibilities across all divisions to see where there was duplicate work or service gaps. Getting a seat at the table has to do not with what you do today, but what you’ve done over the long term,” he said. I cannot be expected to provide them knowledge on how to help run their business if I don’t know what their business is,” he said.

Free L&D webinars for December 2017

Limestone Learning

If you still have work to do, and you need a little inspiration, look no further than this month’s list of free webinars. Friday, December 1, 2017, 10AM – 11AM PT: Management & Learning Will Change Forever (And You Need to Know How and Why) (Free for ATD members) The industrial revolution and the labour-intensive economy it spawned have been replaced by a mind-intensive knowledge economy that’s driven by technology, automation, artificial intelligence (AI), and globalization.

Free learning & development webinars for April 2017

Limestone Learning

It’s about the things leaders do to transform values into actions, vision into realities, and challenges into opportunities. How do you move the discussion forward? Free for ATD members) Do you ever wonder what hiring managers are looking for in talent development professionals? The webcast will explore trends in key learning metrics, including: Direct learning expenditure. However, you do not need to have read the report to follow and benefit from the webcast.

Free L&D webinars for April 2019

Limestone Learning

Tuesday, April 2, 2019, 8AM – 9AM PT: Avoid Buyer’s Remorse: A Guide to Procuring Learning Technology (Free for ATD members) Why do so many learning technology projects fail to deliver sustained value to their organization? Becky Pike Pluth, President and CEO of The Bob Pike Group, will share easy steps to implement microlearning, peer-to-peer coaching and on-the-job training to keep your MVPs growing in your organization and make your job as a trainer easier, too.

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Free L&D webinars for March 2018

Limestone Learning

If you feel like you’re on the back foot and could use a little coaching, why not check out a free webinar or two and get some fresh ideas? Thursday, March 1, 2018, 9AM – 10AM PT: Open-Source vs. Closed-Source LMS: Why the Technology Your LMS Uses Matters When looking for a new Learning Management System, there are a multitude of questions that must be asked, starting with: What do I need my LMS to be able to do to allow us to reach our eLearning goals?

Free learning & development webinars for August 2017

Limestone Learning

Did you know that knowing if the learner is right- or left-handed can impact on the user experience? Build a plan to bridge your talent gap and retain your best employees. Tuesday, August 8, 2017, 11AM – 12PM PST: Measuring ROI in Sales Training According to ATD’s 2016 State of Sale Training report, organizations spend an average of $954,070 per year on sales training. How to calculate the ROI in sales training. Do predictive analytics improve outcomes?

Partnering With the C-Suite

CLO Magazine

They know that unless organizations can learn faster than the competition — and faster than the rate of change — they are destined to take a back seat in the marketplace. With a single-minded focus on investment showing ROI, the CLO becomes an unbiased business partner, strategic consultant and team player in the C-suite. Increased velocity minimizes time for requisite in-house training, and greater pressure is placed on the CLO to fill the gap.

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Free L&D webinars for August 2018

Limestone Learning

In this insightful and engaging presentation, 25-year Walt Disney World veteran Lenn Millbower shares the ways in which the following five strategies were, and are, trained, coached, rewarded and enhanced at every level within the Disney parks organization. So, how do you set up and manage your recruiting function accordingly? How do you know if your recruiting function is operating on all cylinders? You probably know a thing or two about gamification by now.

Free learning & development webinars for June 2017

Limestone Learning

Thursday, June 1, 2017, 11AM – 12M PT: Leveraging LinkedIn for Business Development LinkedIn is the most powerful sales tool for today's sales professional if you know how to use it effectively. Well-known coach, author and LinkedIn social selling expert Brynne Tillman helps you acquire more opportunities and close more business. Governments and nonprofits are on the front lines of efforts to close this gap. Want to know how to create visual slides?