how well do you measure e-learning impact? · session 101 - industry accepted approaches to...
Post on 29-Jun-2020
0 Views
Preview:
TRANSCRIPT
Page 1Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
How well do you measure e-Learning impact?
A. Very effectivelyB. EffectivelyC. InconsistentlyD. Not at all
Organizations that Measure Impact
Page 2Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
What ROI issues would you like to address today?
Why invest in learning?
Page 3Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
The 8 Primary Reasons to Invest in Learning
Increase SalesDecrease CostsIncrease ProductivityEnhance Customer Loyalty
Improve QualityReduce Cycle TimeMitigate RisksEnhance Employee Loyalty
How well do you understand Kirkpatrick’s Four Levels of
Evaluation?A. Very wellB. WellC. A littleD. Not at all
Page 4Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Are you familiar with the Fifth Level – the Phillips ROI Process?
Yes
No
Balanced Scorecard for Learning
Level Level 22
Level Level 33
Level Level 44
Level Level 55
Did they learn?
Do they use it?
Level Level 11
Did they like it?
What were the results?
What’s the ROI?
Page 5Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Industry Accepted ROI Methods
1. Statistical Analysis2. Phillips ROI Process
Learning Analytics Data Source Model
Page 6Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Learning Analytics Framework
Evaluation Methodologies
Learner-basedPost-event surveyFollow-up survey
Manager-basedPost-event surveyFollow-up surveyManager Survey
RO
I Pro
cess
Value
Business Results
Job Impact
Learning
Satisfaction
Analyst-BasedPost-program surveyFollow-up surveyManager surveyImpact AnalysisValue Optimization
Cost and Complexity
Page 7Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Key Learning Impact Indices
1. Customer Satisfaction Index2. Learning Effectiveness Index3. Job Impact Index4. Business Results Index5. Value Creation Index6. Overall Performance Index
Key Performance Indicators
Employee Development Benefit to Cost Performance ImprovementCriticality to JobApplication to Job
Knowledge GainedTrainer PerformanceCourseware PerformanceEnvironment Satisfaction
Page 8Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
3 Step Process to Value Optimization
1. Identify quantifiable organizational objectives
2. Ensure programs significantly impact organizational objectives
3. Implement continuous improvement process
Are learning investments aligned with business objectives?
Page 9Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
What is the time to job impact?
This is the time to job impact performance indicator. It lets you know if and when training was applied to the job. It is collected months after the training, automatically by Metrics that Matter. It helps the organization understand when training effects the job, if at all.
Traffic light
The job impact by course indicators clearly show which courses are having the biggest affect on the job. This report stratifies the responses by the percent that fall above or below ranges of performance. Percentages in red are indicators of little or no job impact versus percentages in green represent significant job impact.
Page 10Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Which courses had the biggest impact on the job?
How much more productive are employees?
You can track specific business results, such as productivity. Asking a manager or a participant to estimate productivity once time has passed on the job is a good indicator of learning’s impact to a specific business objective.
Page 11Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
What percent of skills were applied to the job?
This indicator provides insight into the amount of new knowledge/skills picked up in the training for each course (or curriculum or program) that the participant directly applied when they went back on the job as the data is collected several months after the training when the participant is back on the job.
What do managers think?
Managers can provide feedback on how the training is impacting their employees.
Page 12Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Monitor Performance
Benchmark across the key performance indicators on your evaluation forms that link back to the 5 levels of learning measurement. Compare the actual performance to goals and to internal or external benchmarks so you properly monitor using a balanced scorecard approach.
Isolate impact of learning to business results?
A tool enabling the learning team to conduct more comprehensive business impact and ROI analysis.
The tool allows you to store multiple business results tied to multiple programs and show trainings impact and ROI.
Page 13Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Industry Standard Balanced Scorecard
The scorecard is a great management tool to showcase value to key stakeholders.
This report shows you each level of learning and the Key Performance Indicators within each level.
Page 14Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Page 15Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Client Case Study
Learning Provider Recognized an Opportunity LP Knew Training was Valued at Client This Case Will:– Explain Report Issued – Provide Reaction by LP and by Client
Large Retailer
Key Client of LPTraining Budget at Risk Significant Investment in Online Learning over Past Three Years
Page 16Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Reporting Process
LP used Metrics that Matter to pull available data into a report for ClientData already existed with no additional collection efforts needed by LP Report included:– Quality Indicators– Effectiveness– Projected Impact– Results– Comments
Effectiveness Indicators
Metrics that Matter showed that learners experienced very high knowledge and skill gains from the training LP provided.
Page 17Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Projected Impact
Metrics that Matter quantified the impact the training had on the job of employees. A 7 to 1 benefit to cost ratio was predicted.
Results
Metrics that Matter quantified the actual results 2 months AFTER the training for an on-the-job analysis showing the ROI actually occurred.
Page 18Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Comments
“Great self-paced content.”“Instructor handled the virtual
session very effectively.”“Everything that was needed was
provided”“Great job. Thank you very much.
Metrics that Matter easily tabulated the comments from the students from this client so LP could report this feedback directly to the client management.
Debrief:
Client Director of Learning– “The ROI was very helpful. We used that
analysis and formatted it for other training we do because the model makes practical sense.”
– “The VP of HR saw this value now we both are presenting this to the CFO and President, thanks!”
Page 19Session 101 - Industry Accepted Approaches to Measuring e-Learning Impact -Kent Barnett, Founder and CEO, Knowledge Advisors Inc.
Strategies for Measuring the Value of e-LearningAugust 11, 2005
Contact
For further information contact:Kent Barnett, CEO+1 312 423 8750kbarnett@knowledgeadvisors.com
www.knowledgeadvisors.com
top related