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Return on Training Investment (ROTI) (PowerPoint PPTX)
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DESCRIPTION
This product (Return on Training Investment [ROTI]) is a 24-slide PowerPoint presentation (PPTX), which you can download immediately upon purchase.
The concept of Return on Investment (ROI) originated in the Manufacturing sector, where it's simple to measure time and output. Next to adopt the concept was the Banking industry, where it is used consistently. ROI calculation is now a common feature in every type, industry, and function of business.
Training necessitates spending a lot of effort and resources. Deliberating if the Training Program is going to be worth all its costs is a valid concern.
This presentation provides a detailed overview of the 4-step process for the calculation of Return on Training Investment (ROTI). This method of ROTI calculation is simple yet effective to ascertain the value derived—or failure to derive any financial benefits—from a Training Program. The 4-step of the ROTI calculation process are:
1. Choose the Performance Measures to Use
2. Gather Data on Changes
3. Gather Data on Costs
4. Calculate ROTI
The slide deck also looks at some guiding principles critical for collecting information regarding an assortment of data, which is the basis for ROTI calculation.
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Training, ROI PowerPoint Slides: Return on Training Investment (ROTI) PowerPoint (PPTX) Presentation, LearnPPT
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ABOUT THE AUTHOR
Additional documents from author: 83
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients clients that range from Fortune 500 companies to startups to $1B+ private companies.
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