Corporate Training and Development Programs—Effective Evaluation & Training Strategy
Statistics have long been showing
positive trends towards employee training
and prove that organizations around the globe have been investing heavily in corporate
training and development programs. Nearly $150 billion has been spent by US-based companies on different corporate training programs in the
first two quarters of the year 2017 with
an incremental increase by 14% every year. This means that companies are
showing their serious concerns towards employee training and branding for
increasing or enhancing their overall productivity and performance.
But do these training programs
produce significant results or outcomes or are they really effective to bring
positive changes in employee attitude and
work behavior? I believe retention of
ideas and sharing of knowledge in the most epic tone and manner is vital to a
successful training session. So, the corporate training development programs
must be thought-out and designed in a way that suits
your training objectives aligned with company’s philosophy and mission in
strategic terms. However, besides planning and executing training, HR department of every organization
also needs to monitor, track and evaluate the effectiveness of corporate
training programs.
Since HR department is responsible
for smooth operational flow and project’s execution strategy, it needs to set
certain benchmarks or examine critical indicators to know or measure the
effectiveness of training programs--whether they have been productive for
organizations as a whole or just wasted time, money, efforts and energies. So,
HR needs to initiate those training programs that are achievable. For that,
they need to set SMART goals for smart tracking of corporate training and
development programs. There are certain
ways in which HR can measure the effectiveness of such programs, they can be.
- By looking at ROI, performance results and employee productivity/commitment/engagement.
- Arranging post-training quizzes, surveys, exams, case studies, one-to-one or group discussions.
- By conducting different surveys and polls for knowing strengths and weaknesses of employees.
- By critically examining on-the-job performance and application knowledge of employees.
·
By determining the level of employee support and
implementation of fresh insights into the field.
Strategicaxis
is the name of quality and trust as we aim to provide superior training programs to match ever-evolving needs
of the corporate world. We provide quality solutions to our clients and take
full ownership of projects, no matter how hard they might be.
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