Sign in or 

For most organizations, there are three critical benefits they can use to measure the success of their e-learning program: performance improvements, cost reductions, and mitigated risk.What strategy will you use to measure the impact of e-learning innovative practices on your learners?
Performance improvements - They can be measured in a number of ways, the most basic of which is by comparing pre eLearning performance against post eLearning performance. This is the largest potential component of benefit in an ROI evaluation--but also the most difficult and time consuming to research and prove.
Cost reductions - By reducing business costs, resources are freed up and can be reallocated. In addition, quality eLearning and training has been shown to reduce employee turn-over and thus, decrease the costs of new employee recruiting and training. This element of an ROI analysis is fairly straightforward to calculate since the components of cost are few and relatively easy to quantify.
Mitigated risk - Elearning solutions help managers assess employee competencies, giving managers a quick and real-time snapshot of the corporation's strengths and weaknesses. By identifying and proactively training against the company's weak points, a company can reduce its risk exposure in the market and further build its human capital competitive advantage.
|
elearning |
Latest page update: made by elearning
, Aug 6 2007, 10:52 PM EDT
(about this update
About This Update
114 words added view changes - complete history) |
|
Keyword tags:
Impact
measurements
Resources
More Info: links to this page
|