At Palladium we encourage our clients to measure the success of their leadership and management training, where ever possible calculate the ROI. Irrespective of whether a single staff member or an in-
What do we mean by ROI?
In training terms ROI (Return on Investment) provides an answer to the question “For every £ invested in training how many £’s do I get in return?” Studies show that this figure is nearly always positive.
Why measure it?
Being able to show that the business is benefiting from adopting and applying learning in a way that positively impacts the business has significant advantages:
Take a simple approach…
Calculating ROI is often seen as complicated, difficult and time consuming and can therefore be overlooked when planning leadership and management training and development. Calculating ROI is a complex and imprecise process, however, there are a number of simple options you may consider that will give you an indication of your ROI:
Simple ROI calculation:
…this will give you the ROI for every £1 invested.
We use a range of methods to evaluate the ROI. Prior to commencing a development programme we undertake pre-
An integral part of the longer term programmes is the Making a Difference (MaD) initiative. Delegates are challenged to make a measurable difference through a change and/or improvement project. This not only provides the environment for the delegate to apply the leadership and management competencies but also to demonstrate a return on investment by making a difference.
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