I share an eLearning ROI case study that demonstrates how
L&D teams can improve and maximize the ROI of corporate training. This
demonstrates how you can maximize the ROI by adopting our approach, based on
Kirkpatrick’s model of training evaluation.
How To Maximize ROI
In Corporate Training: A Case Study
What Is ROI On Corporate Training, And Why Is This
Measurement Critical Gor L&D Teams?
In general terms, ROI is the gain divided by the
cost and in the context of corporate training, ROI is the gain
on account of the impact of the training divided by the cost of the training.
While employees may not be interested in the training costs,
the L&D teams need to justify the training budget spend and must be able to
show demonstrable gains.
How Can They Showcase Improvement In Employee Performance,
Gain Sought By Business, And – More Specifically – An Overall Gain That
Justifies The Expense?
Over the last several years, at EI Design we
have been working on creating a framework that can provide practical approaches
to determine the ROI on corporate training.
While we use Kirkpatrick’s model of training
evaluation and Kirkpatrick–Phillips evaluation model of training as
the baseline, we have enhanced this further through a combination of practical
approaches and tips highlighted in the eLearning
ROI case study given below.
The featured eLearning ROI case study uses these cues and
demonstrates how it can add value to a well-planned approach and help you
enhance and maximize your ROI.
Do read my eBook to
get a complete insight into these practical approaches and tips and the
eLearning ROI case study.
eLearning ROI Case Study
Background
- An
organization adopts an enterprise CRM-based approach to move away from
various Excel-based trackers that sales and marketing teams use.
- The
goal is to ensure that the adoption and implementation across all levels
are completed in 3 months.
- Post
this, the entire tracking from the CEO to the sales/marketing executive
must happen only through the CRM.
User Profiles
- The
sales and marketing teams are distributed across the country, and they
report to regional managers.
- There
are multiple regional managers, and they all report to respective sales
and marketing heads at the headquarters.
- The
sales and marketing heads report to the CEO.
Approach Taken
- A
common foundational program was designed and offered online.
- Focused
sessions were conducted by the implementation partner (to address
role-specific nuances) in ILT mode at the headquarters and VILT mode in
other locations.
Impact And Gaps
- There
was a mixed response, and the targeted goal was not met even after 6
months.
- In
fact, several sales and marketing teams went back to the older approach
instead of adopting the CRM.
What Was Done To Improve The Situation And Meet The Goals?
We created a 5-step approach to mitigate the current
challenges and re-align the project to success.
Step 1: Introduced Comprehensive Change Management
Measures
Several support measures were implemented: These included
newsletters and eMailers that provided the requisite clarity to the users on
the mandate, goal, and how this will be achieved.
Additional pointers were provided on:
- The
gain for the users and the organization.
- How
the impact will be measured.
Step 2: Obtained Specific And Actionable Feedback From
Users
- Obtained
user feedback on what is working and what is not.
- Sought
possible ideas from focus user groups to overcome challenges.
- Closed
the loop with the users by validating the proposed changes.
Step 3: Re-Examined And Enhanced The Learning And
Training Strategy
We re-assessed the learning design solution.
- Added learning
aids that map to each role to support the primary training (ready
reckoners, checklists, tips, and so on).
- Continued
the use of the blended approach, but converted the VILT session
resources into online learning aids (accessible on mobile
devices).
Created a single repository of all assets (tagged
to each role) to offer personalized assets.
Step 4: Enhanced The Assessment Strategy
- Added
scenarios and challenges that map to the practical application of the
learning.
- Shared
detailed feedback.
- Identified
remediation aids based on the performance of the users.
Step 5: Established Tangible, Measurable Goals (Included
Success Factors And Measurement Criteria)
Specified quantitative measurement criteria to assess the
impact. For instance,
- A 100%
conformance on usage across levels in the next 3 months or
- A 10%
improvement in tracking a lead to a marketing qualified lead and so on.
Result?
With these measures in place, the following gains were
experienced by the users:
- The
users saw a relevant and personalized learning path that mapped to their
roles.
- The
learning assets were designed not only to help them understand the CRM
features but also apply this learning practically on the job.
- The
just-in-time learning aids helped them solve a problem or use a tip/ready
reckoner exactly at the moment of their need without having to log in to
the LMS and identify the right piece.
- The
revised assessments gave them clear insight on how to practically apply
the learning. The detailed feedback provided clear cues on the gap they
needed to fill.
- Accessibility
of all resources on their smartphones helped them learn, practice, and
apply on the go.
The gains for the organization were:
- A
complete implementation of the CRM tool (within the revised timeline).
- This
resulted in improvements that the business had sought; an increase in deal
closures (through a consistent tracking and ongoing analysis across
regions).
You would note that the initial approach was not incorrect
but there was a need to add the other measures to achieve the required impact.
I hope this eLearning ROI case study gives you a good idea of how you can use
my pointers practically and improve the ROI of your corporate training.
The task of determining the ROI of online training is
a complex one. I am sure you will find the eLearning
ROI case study particularly useful in enhancing the measures that
can help you improve your ROI further.
If you have any queries or need any specific support, do
contact me at apandey@eidesign.net.
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