Under increasing pressure to show the value of learning investment, L&D departments are facing a changing learning landscape. LEO alongside Watershed recently conducted research on the appetite for measuring learning impact.
Join LEO and Watershed, who have used their extensive combined reach to bring together views from industry experts, for an exploration of practical ways to set strategy and get started in measuring the business impact of learning. This webinar will draw upon findings from LEO’s 2017 Measuring Impact insight and explore challenges from some of the world’s leading organizations.
Join the webinar to discover:
Steps to create a strategy for measuring the business impact of learning in your organization
The role of data analytics in L&D
How to build great business cases for future L&D investment
How to make business impact measurement sustainable
NLP Data Science Project Presentation:Predicting Heart Disease with NLP Data ...
Measuring the Business Impact of Learning: Lagging indicators to predictive analytics
1. @leolearning @WatershedLRS
Measuring the Business Impact
of Learning
Lagging indicators to predictive analytics
Gareth JonesPiers Lea
Chief Strategy Officer: LEO
Mike Rustici
CEO: Watershed Principal Consultant: LEO
www.leolearning.com www.watershedlrs.com
2. @leolearning @WatershedLRS
Points we will cover today
• Current state of play
• Why learning analytics matter
• The components of a business impact strategy
• Case Studies- how others have done them
• A strategic framework
6. @leolearning @WatershedLRS
Respondents from over 350 companies
in various sectors, from government
to automotive, aviation, defence
and technology
LEO and Watershed Research
13. @leolearning @WatershedLRSGlobal Human Capital Trends 2014: Engaging the 21st-century workforce - A report by Deloitte Consulting LLP and Bersin by Deloitte
14. @leolearning @WatershedLRS
84% of those using analytics
actively review their programs
against organizational goals
“Making an Impact - How L&D leaders can
demonstrate value” Towards Maturity and
LEO Learning, June 2016
Some are now red hot … we need to increase the impact!
19. @leolearning @WatershedLRS
“L&D is responsible for improving our
most important asset, our people. If we
can improve L&D, we can improve the
world”
Me
I said that
21. Understanding learning analytics: Complexity
measurement
The simple act of
tracking things and
recording values. Can
be passively or
actively collected.
evaluation
The process of trying to
make meaning from the
data measured.
Descriptive analytics.
Does the data mean
something “good” or
“bad”?
advanced
evaluation
When data sets get large
enough we can use
advanced evaluation
techniques to discover
powerful insights. Data
mining, AI, machine
learning, etc.
predictive and
prescriptive
Make predictions and
decisions based on data
and advanced
algorithms.
Recommendations
engines are the best
example in learning.
22. @leolearning @WatershedLRS
Learning
Experience
Learner
Learning
Program
Understanding learning analytics: Categories
Understand an overall
learning program. Is this
initiative helping to meet
business objectives.
Understand a learner or group
of learners. Ensure
organizational readiness and
compliance.
Understand more about a
specific learning activity.
Maximize effectiveness and
spot problems.
24. @leolearning @WatershedLRS
all data
Learning is so much bigger than the
LMS. Track informal and experiential
activities
xAPI and the LRS present a transformative
technology for learning analytics. Seamlessly
bring all your data together in one platform and
perform real-time analytics tailor made for L&D
business impact
Include data about behaviors and
performance in your learning
analytics real time
Create, view and distribute reports
seamlessly in real-time
xAPI & data analytics engine
31. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
Components of a business-impact strategy
32. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
Components of a business-impact strategy
33. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
• 5: Define data sources and types
Components of a business-impact strategy
34. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
• 5: Define data sources and types
Components of a business-impact strategy
6. Define technical integration
steps and tools
35. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
• 5: Define data sources and types
Components of a business-impact strategy
6. Define technical integration
steps and tools
7. Run a pilot and refine the reporting
processes and procedures
36. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
• 5: Define data sources and types
Components of a business-impact strategy
6. Define technical integration
steps and tools
7. Run a pilot and refine the reporting
processes and procedures
8. Document the business
case and strategy
37. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
• 5: Define data sources and types
Components of a business-impact strategy
6. Define technical integration
steps and tools
7. Run a pilot and refine the reporting
processes and procedures
8. Document the business
case and strategy
9. Define the change programme
38. @leolearning @WatershedLRS
1: Partner with the business
and co-create
• 2: Define business drivers
• 3. Map and get
stakeholders on board
• 4: Define chain of evidence/existing KPIs
• 5: Define data sources and types
Components of a business-impact strategy
6. Define technical integration
steps and tools
7. Run a pilot and refine the reporting
processes and procedures
8. Document the business
case and strategy
9. Define the change programme
10. Measure your measurement strategy
44. @leolearning @WatershedLRS
Ford of Europe
• Reduced time to competence from 36
to 13 months
• 93% of key messages understood by
learners
• Significant increase in car sales: 2.4
cars/annum per head on average*
* Control groups of more than 1,000 people
49. @leolearning @WatershedLRS
Does the amount of training activity over time have an impact on Code Blue KPIs?
Time to
defibrillation
Time to
chest
Time to first
drug
Arrival
times
Time hands off
chest
Training
Activities
Jan 2015 Feb 2015 Mar 2015
Apr
2015
May
2015
Jun
2015
Training
Activities
CodeBlue
KPIs
Training Effectiveness
55. @leolearning @WatershedLRS
Look out for our follow up:
1. Top 10 components measuring business Impact
2. 5 Steps to get started with Learning Analytics eBook
Ready to get started?