The ability to justify any decision in business is important and the return on investment is no exception. But ROI is often a poorly understood element of the training process which can lead to many organisations shying away from undertaking a detailed ROI analysis because they don’t know what data to analyse or where to get it.
Realistically, organisations have to evaluate their training programmes. The pressure to justify the budget is increasing year-on-year, particularly in difficult times. Evaluating training isn’t easy, but there’s no reason to be afraid of it.
Here are the top tips for justifying the ROI of training.
Be clear of expectations and requirements from the outset
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