The Tool, HOW?
Let’s look at the two questions TADA addresses...
The First Question:
Has the training been successful (or, what kind of on-the-job improvement has the training and development recipients made)? How do we know?
By measuring the individual's or group's on-the-job performance via Key Performance Indicators (that are SMART: Specific, Measurable, Attainable, Relevant, Time-bound) before training, and then one or two times after training, answers this question. TADA measures the percentage the individual or group has improved following training.
The Second Question:
What is the return on investment for the individual or group being trained? How is that measured?
Two ROI’s:
ROIs are measured by first calculating the overall monetary investment in the individual or group. The number is then adjusted by entering, as a percentage, how much weight the task being trained carries against the individual or groups total on-the-job responsibilities.
Using on-the-job performance as a benchmark, improvement is measured against the weighted monetary investment in the individual or group in the area of the task being trained. This measurement calculates two ROI’s.
To answer these two questions, just fill in the blanks and Training and Development Analytics lays it out for you.
This tool is similar to a performance review. Only it is a performance review based on an individual's or group's performance implementing the specific skills learned via training.
Here is an example of a Results page generated by the tool.
The First Question:
Has the training been successful (or, what kind of on-the-job improvement has the training and development recipients made)? How do we know?
By measuring the individual's or group's on-the-job performance via Key Performance Indicators (that are SMART: Specific, Measurable, Attainable, Relevant, Time-bound) before training, and then one or two times after training, answers this question. TADA measures the percentage the individual or group has improved following training.
The Second Question:
What is the return on investment for the individual or group being trained? How is that measured?
Two ROI’s:
ROIs are measured by first calculating the overall monetary investment in the individual or group. The number is then adjusted by entering, as a percentage, how much weight the task being trained carries against the individual or groups total on-the-job responsibilities.
Using on-the-job performance as a benchmark, improvement is measured against the weighted monetary investment in the individual or group in the area of the task being trained. This measurement calculates two ROI’s.
- Return on the weighted monetary investment in the individual or group against the percentage of on-the-job performance improvement
- Return on the weighted monetary investment in the individual or group against the training costs
To answer these two questions, just fill in the blanks and Training and Development Analytics lays it out for you.
This tool is similar to a performance review. Only it is a performance review based on an individual's or group's performance implementing the specific skills learned via training.
Here is an example of a Results page generated by the tool.
