Quantifying Learning Impact: Return on Learning Investment, Metrics, ROI in Learning and Development

What you'll learn
Understand the concept of Return on Learning Investment (ROLI) and its significance in making informed decisions about learning initiatives.
Recognize the importance of measuring learning impact beyond training effectiveness and its direct influence on business objectives.
Define core components of Return on Learning Investment – Benefits, Costs, and Investment – and comprehend their interplay in evaluating learning initiatives.
Craft clear and effective learning objectives using the SMART (Specific, Measurable, Achievable, Relevant, Time-bound) framework.
Identify relevant Key Performance Indicators (KPIs) to measure learning impact and evaluate learning program effectiveness.
Align chosen metrics with business goals to ensure that learning initiatives contribute to strategic objectives.
Establish baseline measurements and understand their significance in accurate evaluation of learning outcomes.
Quantify tangible benefits of learning initiatives, including increased revenue, reduced costs, and enhanced efficiency.
Capture and evaluate intangible improvements such as improved morale, collaboration, and organizational culture resulting from learning initiatives.
Balance short-term wins with long-term strategic value to optimize learning investments and drive lasting organizational growth.

https://www.udemy.com/course/return-on-learning-investment/