| Conducting
a Front-End Analysis & Calculating Return on Investment |
| Target
Audience: |
This workshop is for You if you
are…
- An HR professional
- A trainer and others responsible for Workplace Learning
and Performance
- An internal consultant responsible for assessing
performance related issues
- An independent consultant responsible for helping
clients improve organizational performance
- Required to demonstrate value of training and other
performance improvement interventions
|
| Duration: |
2 - days |
| Course
Overview: |
HR and OD professionals face tremendous pressure
to improve required performance. All too often, the
response to such pressure is…training; despite
numerous studies and documented cases demonstrating
clearly that training is rarely sufficient and often
ineffective as a stand-alone solution for achieving
long-term desired performance goals. If you have not
properly diagnosed performance concerns, determined
highly probable causes of a performance gap, and calculated
costs and values of alternative interventions, any
solution implemented is merely a guess solution. The
likelihood of successfully implementing sustainable
results is slim to none. During your efforts, you
have spent valuable resources and wasted employees’
time.
This interactive 2 day workshop provides you with
systematic methods for not only taking the necessary
steps to diagnose performance issues before you prescribe,
but also helps you cost out your interventions and
calculate what the organization will receive for its
money and effort. This research based approach is
a result of testing in organizations such as Sun Microsystems,
Hewlett-Packard, Manulife Insurance, and other small
to large firms.
|
| Objectives: |
- Identify underlying business needs
- Determine desired and current performance
- Create a portrait of the performance gap
- Identify factors affecting the performance gap
- Specify appropriate, economical, feasible, and acceptable
interventions
- Calculate Return on Investment (ROI)
|
| What
you receive |
- 2 day interactive workshop conducted by experienced
OD professionals
- The opportunity to exchange best practices with
other training and HRD professionals
- Front-End-Analysis and Return on Investment (FEA/ROI)
toolkit
- 168 page loose leaf binder with REA/ROI forms,
templates, completed examples of worksheets, and
CD-ROM with detailed instructions for on-the-job
application
|
What you will learn: |
Conducting a Front End Analysis
|
| Calculating ROI |
|
How to:
- Collaborate with a client or requestor
- Document the opportunity or request
- Determine the nature of the opportunity or request
- Identify the types of data required
- Determine the appropriate data sources
- Create data collection tools
- Collect and analyze
data
- Select the appropriate interventions
- Generate reports that detail findings, suggest interventions,
and show costs
- Work with clients to calculate value
- Determine direct and indirect cost factors for projects
- Utilize various formulas to determine ROI and conduct
a worth analysis in dollar amount or cost/benefit
|
| Benefits |
- Solutions that align with the organization’s
business needs
- Sustainable performance improvement interventions
- Visible and measurable economic and performance
outcome to determine impact
|
| Click here for registration |
 |
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