What organization doesn’t want to know how effective their corporate training is? Three-quarters of enterprises are actively seeking that type of return-on-learning (ROL) data. However, only a shocking 4% are actually getting it. Every organization is different and corporate training environments vary from workplace to workplace, but there are a few proven methods business leaders can use to measure ROL efficiently and affordably.
Here are three evaluation methods that companies can implement to measure ROL right now:
Control Group Analysis
As the name implies, this method compares results from one group (the control) against one or more alternative groups (treatment groups). The control group would be a group of employees who have not yet participated in the training program, while the treatment group is a group that has participated. The statistical differences in performance between the groups, if there is any, represent the impact of training.
Trend Line Analysis
Trend lines are computed using the current performance level as the norm or baseline performance. Using the current status, an organization would use the slope of the trend to project future performance. After training, a different trend is calculated and plotted against the status quo trend to determine if changes occur, which can be attributed to employee learning.
Stepwise Regression Analysis
Stepwise regression involves brainstorming all of the variables known to contribute to changes in performance. Once calculated, these variables are included in the regression formula, which gives stakeholders the visibility to assess how much variance can be accounted for and how variance is attributed to each variable.
Measuring ROL Starts Now
The good news for ROL-starved organizations is that measuring return on learning is a science. With the right strategy and methodology, the measurement and data-gathering process of corporate training can be seamless and cost-effective.
Get more practical insights into measuring return on learning in our new white paper, “Calculating Your Return on Learning: Does Your Corporate Training Work?”
