7 secrets to maximise training roi ss .compressed
TRANSCRIPT
CEO: “What happens when we do not invest in training and everyone stays?”"
CFO: “What happens when we invest in training our
staff and our staff leave?”"
Reasontotrain
TrainingProgrammelowROI
Ill-plannedMereformali@esill-definedneedsLackofcompetencyauditIll-Plannedasone-sizefit’sallCostdefinesfrequency&qualityoftrainingandtrainer
Off-sitesFailureEnvironmentisnotconducivetotrainingRescheduledtogetalltraineesSeenasadisrup@onofworkprocess
InfrequentLackoftrainingcultureTrainingseenasamereformali@es
LackMatricesNopre-definedmeasurementHighexpecta@on
InformaBonOverloadToomuchdesiredintooshorta@me
LackofOwnershipNooneincludingHRownstheprocess
Failure to differentiate Effective & Efficient
Impactful & RelevantTimely & Systematic "
TrainingProgrammelowROI
Trainer Lacks "High ConfidenceHigh Credibility "
Ability to Connect"
Non-threateningenvironment
HOWDOADULTSLEARN?
MoBvated
PracBcehelp
guidance
Linkexperiences
past,present,future
Needtolearn
Knowreasontolearn
Readiness
Trainingfailstoconsideradultlearningprocess
% R
ecal
led "
100%"
75%"
50%"
25%"
0%"1 day"
Direction of time"
There is a sharp drop in learning recall"
To ensure higher recall you have to review repeatedly"
% R
ecal
led "
100%"
75%"
50%"
25%"
0%"
Review"24 hr"
o" 1 day" 1 Week" 1 Month" 6 Month"
Review"1 Week"
Review"1 month"
Review"6 month"
LONG TERM
MEMORY"
To MAXIMISE TRAINING ROIYou need to
Provide right training
to the right trainee by the right trainer
at the right time"
Training Needs must be Identified at an Organizational Leveland matched at an Individual Level"
Secret1
BesttrainingprogrammesustainedYearroundBasedoncompetencygapsCustomisedfortheorganisa@on&individualsWithoutschedulingissuesLogis@cproblemsSpaceand@meconstraintsWhichallowsforrevisionExperimenta@onandExperienceCoursecorrec@onwithoutoverloadingWithregularinterac@onwithfaculty
Customised training after a quick competency gap analysis"
At the organisation premiseswith ample faculty interaction opportunity"
3 to 4 hour training with high frequency Every week or max every fortnight"
SpecificHighIntensity
FrequentTraining
SpecificHighIntensity
FrequentTraining
Trainer & Facilitator"Specialised Creative Ideation and Innovation workshops"Certified life & Mid-life-transition Coach"Founder- Intradia world- Brand & Marketing advisor"
[email protected]@S_kotnala@FIREurAMBITION