Training Courses

Maximising ROI on Training Investment

Category: Talent Management

Course level: Intermediate

In house

For every £1000 invested in sending someone on a training course, how much value is realised in the workplace? All the research suggests it is only about £200. The rest is wasted because the learning from the course has not been transferred to work.

There could be several reasons for this, which start well before the course and finish long after it, and involve many parties. It certainly requires more than the manager having a brief chat before and after the course!

This 2-hour workshop is designed to provide managers with an understanding of why more learning is not transferred, so that they can apply the lessons at work. In this way, the workshop will improve a firm’s return from training investment.

Objectives

By the end of the workshop, delegates will:

  • understand the principles that underlie the transfer of learning and identify specific actions that will improve it
  • be able to draw up a plan for at least one course delegate
  • be able to identify the issues concerned with ‘re-entry’ to the workplace after a course
  • The business will experience an increase in the return on its investment in training
  • There will be greater retention and application of learning
  • Learners will be more motivated to learn because they will know it will make a difference
  • Off-the-job training can play a more significant role in management development

Length

2 hours

Course Content

  • Feedback on research carried out in a global insurance provider and leading business schools
  • Exploration of the underlying reasons for the poor return on investment in training courses
  • The pre-training, during training and post-training model
  • Each delegate will write a plan for at least one member of their team to maximise the return from a training course

In keeping with the ethos of this workshop, we will contact all delegates before the workshop to obtain their learning outcome statements and descriptions of their experiences of poor learning transfer.

There will be some pre-course reading required.

This course would be suitable for:

  • HR and training
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