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© 2016 Skillsoft
© 2016 Skillsoft© 2016 Skillsoft
© 2016 Skillsoft© 2016 Skillsoft
© 2016 Skillsoft© 2016 Skillsoft
Leading Indicators
of Success:
Application Rate
Scrap Rate
Use
Activity
Implementation
© 2016 Skillsoft© 2016 Skillsoft
7
1. Efficiencies
2. Effectiveness
3. Outcomes
How many of you are measuring…
© 2016 Skillsoft© 2016 Skillsoft
10
DRIVER LEVEL ACTIONABLEDATA POINTS
What the CFO wants to
know:
5: ROI: What’s the ROI? (NetBenefits ÷ Costs)*100
What the Executive
Stakeholderswant to know:
4: Impact: Did it improve the bottom
line?What are the benefits?
Absenteeism,productivity,quality,sales,time,
turnover,efficiency,input/output,penalties/fines,
cycle times,downtime,process time,waste,fraud,
theft,market share, new accounts, grievances,
engagement,churn rate, accidents, complaints,
defects, rework,etc.
What the functional leader
wants to know:
3: Application:Did theyapplyit?
Scrap learning,Application,Implementation,Use,
Increase/Decrease in Activity,etc.
What the training team
commonly measures:
2: Learning: Did theylearn something?
Understanding,Awareness,Knowledge,Skills,
Readiness,Confidence,Intentto Use, etc.
1: Reaction: Did theylike it? Satisfaction,Relevancy,Perceivedimportance,etc.
What the LMS captures: 0: Inputs: Did theytake it?
Utilization,Completions, Efficiencies,Awards,Volume,
Costs, Scalability,etc.
EfficiencyEffectivenessOutcomes
© 2016 Skillsoft© 2016 Skillsoft
90-100%of programs
• System reports
80% of programs
• Evals
• Surveys
• Tests
30% of programs
• Questionnaires
• Observation
• Projects
• Action Plans
• Performance Plans
© 2016 Skillsoft© 2016 Skillsoft
13
Elapsed Days Since Event
100
90
80
70
60
50
40
30
20
10
Immediate Recall
20 min
1 hour
9 hours
2 days 6 days
31 days
Without context, 50% is
forgotten in one hour
Source: Herman Ebbinghaus, Memory:
Contribution to Experimental Psychology,
1885/1913
Retention (%)
80% is forgotten
after 2 days
90% is forgotten
after 31 days
© 2016 Skillsoft© 2016 Skillsoft
70
60
50
40
30
20
10
90
100
80
%
1 2 3 54 6
Source: Creative Training Techniques
Without support, learner retention
can drop to 10% in 30 days
Learning activities occurring
6 times, can raise retention
to 90% in 30 days
Single
Event
Learning activity
14
1 4 7 1
0
1
3
1
6
1
9
2
2
2
5
3
0
Day
© 2016 Skillsoft© 2016 Skillsoft
Manager
Involvement
Pre-Work
Event
Post-Work
OJT Support
Resources
Manager
Support
Application Period
Collect Data
© 2016 Skillsoft© 2016 Skillsoft
17
Factors to Consider:
•
•
•
•
•
•
•
•
•
•
•
Data Collection Tools:
•
•
•
•
•
•
•
© 2016 Skillsoft© 2016 Skillsoft
90-100%of programs
• System reports
80% of programs
• Evals
• Surveys
• Tests
30% of programs
• Questionnaires
• Observation
• Projects
• Action Plans
• Performance Plans
© 2016 Skillsoft© 2016 Skillsoft
•
•
•
•
•
•
•
•
•
•
© 2016 Skillsoft© 2016 Skillsoft
60%
50%
40%
30%
20%
10%
0%
20
• A majority (86%)
of Skillsoft
learners were
able to apply
what they
learned within 6
weeks of the
training.
Skillsoft’s scrap
learning rate
was 14% - far
below the norm
of 55% to 80%.
I was able to apply my trainingwithin…
1 Week
50.2%
2-4 Weeks
24.8%
5-6 Weeks
11.3%
I haven’t applied
what I learned
yet, but plan to in
the future.
11.8%
I don’t expect to
use the
knowledge/skills
gained
1.9%
Source: “Moving the Needle: How Skillsoft Impacts Performance of Individualsand Organizations”
© 2016 Skillsoft© 2016 Skillsoft
Annually, for your organization of 1,000 employees:
= $286,800 of scrap
24%scrap3 X $1,195spend per learner2
X
1,000 employees
= $9mvalue of improvement
15%performanceimprovement3 X
$60,000 averagesalary X
1,000 employees
= $537,750 of scrap
45%scrap1 X $1,195spend per learner2
X
1,000 employees
= 3.6mvalue of improvement
6%performanceimprovement3 X $60,000
averagesalary X
1,000 employees
$250,950
in Savings
$5.4 million
Contributionto Performance
Improvement
The value of your continuous improvement effortsto your
organization is $5.65 million annually
1CEB 2014 Training Effectiveness Dashboard
2
ASTD 2013 State of the Industry Report
3KnowledgeAdvisors Analysis 2014
1. Your L&D team
2. Your functional business leaders / program
stakeholders
3. Your Executive team
How many of you are reporting results to…
© 2016 Skillsoft© 2016 Skillsoft
23
© 2016 Skillsoft© 2016 Skillsoft
1
2
3
4
5
SILOED
 Learning and talent are disparate processes
 Culture is hierarchical and not very engaging
 HR tends to react to business needs and enforce compliance
TARGETED
 Pathways between learning and talent begin
 More executive interest in employee engagement emerges
 HR is pursuing more proactive business alignment
TRANSFORMING
 Learning and talent start to converge with better tools
 A more people-centric philosophy starts to get established
 Employees are more accountable for steering their development & career
CONTINUOUS
 Engaged employee culture with rapid response to change
 HR is a workforce architect of advanced strategies and tools
 Compelling and integrated learning and talent UX drives high participation
OPTIMIZED
 Self-developing ecosystem; Highly sought after culture
 Sophisticated strategies fuel business adaptation
 World-class personalized UX heightens engagement
As an organization evolves through
the framework, the HR strategy
becomes more adaptive and the
workforce becomes more agile,
resulting in stronger business
performance.
© 2016 Skillsoft© 2016 Skillsoft
25
ROI Institute
Buy Here
The State of Learning Measurement, Bersin Research Report, July 2015
A Guide to Establishing Value-Based Measures of Success, Skillsoft
OnDemand Webinar, 2013
Center for Talent Reporting – TDRp
ROI Institute
The Relationship Between Learning, WorkforceAgility, and Business
Performance, Skillsoft Whitepaper
Challenge the Status Quo with a Smarter Approach to the Global Talent
Crisis, Skillsoft Whitepaper
Skillsoft Learning & Talent Maturity Framework, Skillsoft.com
ROI Institute
Buy Here
linkedin.com/company/skillsoft
facebook.com/skillsoft
twitter.com/skillsoft
skillsoft.com
866-757-3177

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ATD_June2016_How-to-Measure-Application

  • 1.
  • 3.
  • 4. © 2016 Skillsoft© 2016 Skillsoft
  • 5. © 2016 Skillsoft© 2016 Skillsoft
  • 6. © 2016 Skillsoft© 2016 Skillsoft Leading Indicators of Success: Application Rate Scrap Rate Use Activity Implementation
  • 7. © 2016 Skillsoft© 2016 Skillsoft 7
  • 8. 1. Efficiencies 2. Effectiveness 3. Outcomes How many of you are measuring…
  • 9.
  • 10. © 2016 Skillsoft© 2016 Skillsoft 10 DRIVER LEVEL ACTIONABLEDATA POINTS What the CFO wants to know: 5: ROI: What’s the ROI? (NetBenefits ÷ Costs)*100 What the Executive Stakeholderswant to know: 4: Impact: Did it improve the bottom line?What are the benefits? Absenteeism,productivity,quality,sales,time, turnover,efficiency,input/output,penalties/fines, cycle times,downtime,process time,waste,fraud, theft,market share, new accounts, grievances, engagement,churn rate, accidents, complaints, defects, rework,etc. What the functional leader wants to know: 3: Application:Did theyapplyit? Scrap learning,Application,Implementation,Use, Increase/Decrease in Activity,etc. What the training team commonly measures: 2: Learning: Did theylearn something? Understanding,Awareness,Knowledge,Skills, Readiness,Confidence,Intentto Use, etc. 1: Reaction: Did theylike it? Satisfaction,Relevancy,Perceivedimportance,etc. What the LMS captures: 0: Inputs: Did theytake it? Utilization,Completions, Efficiencies,Awards,Volume, Costs, Scalability,etc. EfficiencyEffectivenessOutcomes
  • 11. © 2016 Skillsoft© 2016 Skillsoft 90-100%of programs • System reports 80% of programs • Evals • Surveys • Tests 30% of programs • Questionnaires • Observation • Projects • Action Plans • Performance Plans
  • 12.
  • 13. © 2016 Skillsoft© 2016 Skillsoft 13 Elapsed Days Since Event 100 90 80 70 60 50 40 30 20 10 Immediate Recall 20 min 1 hour 9 hours 2 days 6 days 31 days Without context, 50% is forgotten in one hour Source: Herman Ebbinghaus, Memory: Contribution to Experimental Psychology, 1885/1913 Retention (%) 80% is forgotten after 2 days 90% is forgotten after 31 days
  • 14. © 2016 Skillsoft© 2016 Skillsoft 70 60 50 40 30 20 10 90 100 80 % 1 2 3 54 6 Source: Creative Training Techniques Without support, learner retention can drop to 10% in 30 days Learning activities occurring 6 times, can raise retention to 90% in 30 days Single Event Learning activity 14 1 4 7 1 0 1 3 1 6 1 9 2 2 2 5 3 0 Day
  • 15. © 2016 Skillsoft© 2016 Skillsoft Manager Involvement Pre-Work Event Post-Work OJT Support Resources Manager Support Application Period Collect Data
  • 16.
  • 17. © 2016 Skillsoft© 2016 Skillsoft 17 Factors to Consider: • • • • • • • • • • • Data Collection Tools: • • • • • • •
  • 18. © 2016 Skillsoft© 2016 Skillsoft 90-100%of programs • System reports 80% of programs • Evals • Surveys • Tests 30% of programs • Questionnaires • Observation • Projects • Action Plans • Performance Plans
  • 19. © 2016 Skillsoft© 2016 Skillsoft • • • • • • • • • •
  • 20. © 2016 Skillsoft© 2016 Skillsoft 60% 50% 40% 30% 20% 10% 0% 20 • A majority (86%) of Skillsoft learners were able to apply what they learned within 6 weeks of the training. Skillsoft’s scrap learning rate was 14% - far below the norm of 55% to 80%. I was able to apply my trainingwithin… 1 Week 50.2% 2-4 Weeks 24.8% 5-6 Weeks 11.3% I haven’t applied what I learned yet, but plan to in the future. 11.8% I don’t expect to use the knowledge/skills gained 1.9% Source: “Moving the Needle: How Skillsoft Impacts Performance of Individualsand Organizations”
  • 21. © 2016 Skillsoft© 2016 Skillsoft Annually, for your organization of 1,000 employees: = $286,800 of scrap 24%scrap3 X $1,195spend per learner2 X 1,000 employees = $9mvalue of improvement 15%performanceimprovement3 X $60,000 averagesalary X 1,000 employees = $537,750 of scrap 45%scrap1 X $1,195spend per learner2 X 1,000 employees = 3.6mvalue of improvement 6%performanceimprovement3 X $60,000 averagesalary X 1,000 employees $250,950 in Savings $5.4 million Contributionto Performance Improvement The value of your continuous improvement effortsto your organization is $5.65 million annually 1CEB 2014 Training Effectiveness Dashboard 2 ASTD 2013 State of the Industry Report 3KnowledgeAdvisors Analysis 2014
  • 22. 1. Your L&D team 2. Your functional business leaders / program stakeholders 3. Your Executive team How many of you are reporting results to…
  • 23. © 2016 Skillsoft© 2016 Skillsoft 23
  • 24. © 2016 Skillsoft© 2016 Skillsoft 1 2 3 4 5 SILOED  Learning and talent are disparate processes  Culture is hierarchical and not very engaging  HR tends to react to business needs and enforce compliance TARGETED  Pathways between learning and talent begin  More executive interest in employee engagement emerges  HR is pursuing more proactive business alignment TRANSFORMING  Learning and talent start to converge with better tools  A more people-centric philosophy starts to get established  Employees are more accountable for steering their development & career CONTINUOUS  Engaged employee culture with rapid response to change  HR is a workforce architect of advanced strategies and tools  Compelling and integrated learning and talent UX drives high participation OPTIMIZED  Self-developing ecosystem; Highly sought after culture  Sophisticated strategies fuel business adaptation  World-class personalized UX heightens engagement As an organization evolves through the framework, the HR strategy becomes more adaptive and the workforce becomes more agile, resulting in stronger business performance.
  • 25. © 2016 Skillsoft© 2016 Skillsoft 25 ROI Institute Buy Here The State of Learning Measurement, Bersin Research Report, July 2015 A Guide to Establishing Value-Based Measures of Success, Skillsoft OnDemand Webinar, 2013 Center for Talent Reporting – TDRp ROI Institute The Relationship Between Learning, WorkforceAgility, and Business Performance, Skillsoft Whitepaper Challenge the Status Quo with a Smarter Approach to the Global Talent Crisis, Skillsoft Whitepaper Skillsoft Learning & Talent Maturity Framework, Skillsoft.com ROI Institute Buy Here