Understanding ROI during Recession Times .Part 2: Is your organization ready for ROI Implementation?

Dear HR , Training and Learning & Development Heads,

Following up on my last article on ROI, enclosed is a table that you can fill up & evaluate if your Company is a candidate for ROI implementation

Characteristics of Using ROI:

-      Size of your company

-      Size and visibility of your budget

-      Focus on measurement

-      Key drivers requiring additional accountability

-      Level of change taking place

Symptoms to find out if your Company is ready for ROI

-      Pressure from senior management to measure results

-      Extremely low investments in measurement and evaluations

-      Recent program disasters

-      A new director or leader in the function

-      Managers desire to built cutting edge functions

-      Lack of Management support

Until our next sharing on ROI, do test the above yourself.