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Training ROI Practical Applications

4.9(45,580 Rating)

Duration

2 days

Language

English/ Arabic

Batch Options

4 hours & 8 hours

Upcoming Batch

November 18, 2024

Overview Schedule Dates Course Content Faqs

Course Overview

The workshop is designed to be interactive and participatory. It includes various pedagogical tools to enable participants to learn effectively and efficiently in a multilateral environment. The course is built on real business scenarios that stem from what participants experience in their workplace, to ensure behavioral change upon returning to their job.

Course Objectives

By the end of the course, participants will be able to:

Establish a solid relationship between business needs and training projects
Scientifically isolate the impact of the most common training programs on business outcomes
Monetize the benefits of the most common training programs
Compare the costs of training programs depending on their delivery methods – online, onsite, and blended
Optimize the ROI on training programs

Target Competencies

Business acumen
ROI calculation
Training needs analysis
Instructional design
Decision making

Multiple Routes of Delivery to
Fit Your Timetable

We understand that flexibility is key to effective learning and development, especially in today’s dynamic work environment. That’s why we offer multiple delivery formats for our IT trainings in UAE. Whether you prefer the interaction of in-person classes, the convenience of live virtual training, or the independence of self-paced online learning, we have a solution tailored to your schedule. Our goal is to make professional growth accessible to everyone, allowing you to upskill without compromising your other commitments.

Online Instructor Led

Learn from the comforts of your home/office with our expert trainers via online platforms.

Classroom Training

Face-to-face physical classroom training with max interactions at our 5* training venues.

Onsite Training

Learn in your own environment from our expert trainers for maximum impact.

Overseas Training

Choose your desired country for learning with our expert trainers.

Target Audiance

The eager entrepreneur seeking to maximize returns on investment through strategic training allocation.
The seasoned HR professional aiming to quantify the effectiveness of employee development initiatives.
The curious analyst eager to delve into the metrics behind training programs for enhanced organizational performance.

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Schedule Dates

18 February 2025 - 19 February 2025

Training ROI Practical Applications

19 May 2025 - 20 May 2025

Training ROI Practical Applications

19 August 2025 - 20 August 2025

Training ROI Practical Applications

19 November 2025 - 20 November 2025

Training ROI Practical Applications

Course Content

The cost items of a training program
The enigma of training benefits
Starting with business needs in mind
The ROI formula
Strategies to optimize the ROI on training programs

A typical leadership development program
the most common components
The organizational benefits of leadership development programs
Monetizing the benefits of leadership development programs
Isolating the impact of leadership development programs on business outcomes

Costs involved in health and safety accidents
Saving money through health and safety training
The ROI formula applied to health and safety training
Is it worth having your internal trainers?

How MS Excel training programs help employees
Monetizing the benefits of Microsoft Excel training programs
Ensuring implementation of newly acquired skills to maximize ROI
The right audience for a Microsoft Excel training program
The ROI formula applied to a Microsoft Excel training program
Participating in an open course or attending an in-company one? From an ROI perspective

Organizational benefits of customer service training programs
Connecting clients’ data to organizational performance
Analyzing the right customer service competencies
Partnering with internal business stakeholders to get required data
The ROI formula applied to a customer service training program

The financial risks involved in cyberattacks
The journey to design a self-led learning program
The cost of designing a self-led cybersecurity training program
Monetizing the benefits of cybersecurity awareness
The ROI formula applied to a cybersecurity training program

FAQs

ROI (Return on Investment) in training measures the effectiveness and efficiency of training programs by comparing the benefits gained against the costs incurred. It helps organizations evaluate the impact of training on their bottom line.

ROI for training can be calculated by comparing the monetary benefits derived from the training (such as increased productivity or reduced turnover) with the total cost of the training program. The formula typically involves dividing the net benefits by the total cost and expressing the result as a percentage.

Practical methods for assessing training ROI include pre- and post-training assessments, surveys, performance metrics, focus groups, and interviews with stakeholders. These methods help gather data on the effectiveness of training programs and their impact on key performance indicators.

Challenges in measuring training ROI may include difficulty in isolating the effects of training from other factors, lack of standardized metrics, data collection issues, resistance from stakeholders, and the complexity of quantifying intangible benefits such as improved morale or teamwork.

Organizations can enhance training ROI by aligning training initiatives with business goals, conducting needs assessments to identify training gaps, using innovative delivery methods, measuring training effectiveness, providing ongoing support and reinforcement, and continuously improving training based on feedback and evaluation.

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