Four Steps to Show the Value of Training
Four Steps to Show the Value of Training Many businesses struggle with whether they are getting their money’s worth in sending employees to training classes . This question can be applied to project management training as well as any other type of business training. You know the cost side of training too well. But how do you tell what the business value is? The most common way to determine value today is to ask the trainee whether he or she thinks the class was valuable. This is very touchy-feely and doesn’t give you much information to go on, but it is probably the most that most companies ask in terms of follow-up. A Rigorous Approach There is a process to more rigorously determine the value received for your training dollars. These ideas are not for the faint of heart. They take more preparation and they take more of that most precious commodity – time. But see if it makes sense, and whether the results of this process will give you a much better feel for the value that you are rece