|
|
Like this article? PLEASE +1 it! |  |
|
Business Tips for Securing a Positive ROI on Your Training and Education Dollars
Written by: Leanne Hoagland-SmithArticle Overview: Training your employees is necessary to meet and exceed your customers' expectations. Read how these 3 tips may help you achieve a greater positive return on your investment and change your belief that training is a cost.
 |
Free Download - How to Craft an Engaging Message That Highlights What You Do to Increase Sales By Leanne Hoagland-Smith |
Business Tips for Securing a Positive ROI on Your Training and Education Dollars
Research continues to suggest that the majority of dollars spent on training does not contribute a positive return on the investment. To help you leverage and maximize your training budget consider these 3 tips.
1. Schedule short (2 hour) weekly learning engagements instead of one or two full day training sessions because a one day seminar delivers the following memory or cognitive retention (unless you have a budget that provides for one on one follow-up coaching):
50% after 24 hours
25% after 48 hours
2% of less after 16 days
2. Purchase performance based curriculum that includes:
Focus on affective learning domain (attitudes)
Audio reinforcement for multiple exposures to a learning concept
Action plan that provides the basis for continual application of newly learned concepts
Interactive facilitation that encourages the What's In It For Me (WIIFM) leading to the What's In It For Us (WIIFU)
Builds the strengths within participants instead of working on the weaknesses (Winning teams win because of the strengths of each team member.)
3. Superworkers are not usually excellent Supervisors because they were promoted for their job specific skills not their people skills. Assist newly promoted employees by providing training for the interpersonal skills.
By beginning with these 3 simple tips, you can start to realize a positive return on your training and education investment dollars. Of course, you can continue to believe that the one day workshops and standard training format will meet your needs. Yes, they will do that as well as deliver a negative return on your training dollars.
How To Get The Best Internet Marketing Education! ~GUARANTEE YOUR FORTUNE
Nonprofit Vision Statements, Core Values & Mission Statements
Buying an education or buying a brand?
Driver Training: Which Types Are Best For Insurance?
Does Your Sales Training Program Fail or Pass the Simple Rope Test?
|
About the Author: Leanne Hoagland-Smith RSS for Leanne's articles - Visit Leanne's website  Her book, Be the Red Jacket is a no-nonsense and quick read to help discover potential gaps that may be keeping you from your goal to increase sales. The forward is by Evan Carmichael of EvanCarmichael.com Remember if you think you cannot or you think you can either way you are right. (Henry Ford). Sales Coaching Tip: Change your thoughts; improve your results. Click here to visit Leanne's website   Leadership Audit For Business Leadership Assessment Business Building Check List |
Related Forum Posts
7 words or less for Structogram
- Some "7 words or less" (more or less) for Structogram for your comments:
Training to get your message across(6)
Secrets to get your message across (6)
Training so people will listen to you (7)
Helping you get your message across (6)
Training to learn to get your message across (8)
Communications training for yourself and your team (7)
Business Tips
- How about:
Tips for managers to handle employees more effectively?
Tips on how to deal with difficult customers?
Tips on how to deal more effectively with suppliers?
The only three I have in mind right now, but will try to come up with something else.
Chris
$1,000,000
- Hi Evan,
Are you talking about US Dollars? If so, that would be approx £500,000 in the UK.
The Canadian Dollars differs also from the Australian Dollar.
In any case, one needs to solve problems to help people to get money.
The more solutions are given to people's needs to solve their problems, the closer one gets.
Finally, are we talking about 'Income' or can we talk about 'Asset'?
Kindest Regards
Beat
"Unlock People's Potentials!"
Landmark Forum Education
- I was at an Introduction to the Landmark Forum meeting yesterday and I heard from a lot of people that own businesses there state that the Landmark Education was a key ingredient in their Business Success.
Has anyone on the this Forum been to the Landmark Forum 3 day Course?
If yes, how has it impacted your business?
Thank you for sharing.
Re: What can You Learn from a Jobless and Homeless Woman?
- Positive thinking and a desire for success are fundamental qualities of an entrepreneur in my opinion.
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
by: 
Lesson #3: “Tell ‘em quick and tell ‘em often”
Searching for the Stars: How Yang and Filo Took Their Business to New Heights
Salesperson Wimp-Out: I Need Help 
February 2012 Top 100 Leadership Experts to Follow on Twitter
Please Stop Calling it Coaching!
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
3 Health Insurance Misconceptions
Why Marketing Outsourcing is Growing So Quickly
The OLD Way of Advertising, May Not be so OLD
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.