How to Measure Training Results

A Practical Guide to Tracking the Six Key Indicators

by Jack J. Phillips and Ron D. Stone

		Publisher: McGraw-Hill Companies Pub. Date: 2002 ISBN: 9780071387927 No. pages: 284 Category: Human Resources

In this summary you will learn

What are the 10 steps in the Return on Investment (ROI) process
How to convert gathered data into dollar amounts
How to use the “Benefits Cost Ratio” (BCR) and ROI formulas to measure the real benefits of training

Why you should read How to Measure Training Results

Authors Jack J. Phillips and Ron Drew Stone have created an easy-to-understand method for measuring the real benefits of training. They outline a process you can use not only to understand the real impact of your training programs, but also to explain the benefits to top management in terms of actual dollars. Their guide takes you step-by-step through six levels of evaluation, from the early planning stages through implementation, right up to an impact study you can use on an ongoing basis to manage training evaluation. getAbstract thinks this guide offers very useful information for training managers. It provides concrete, step-by-step formulas and practical examples on how to set training goals, evaluate training at each level, convert training data to a compelling ROI model and measure the real benefits of your training programs.

About the Authors

Jack J. Phillips, Ph.D. is a training and performance measurement consultant. Ron Drew Stone directs the measurement and accountability practice at the Jack Phillips Center for Research.

Rating (what is this?)

Overall		(7)
Applicability		(7)
Innovation		(8)
Style		(6)

Level of Expertise (what is this?)

Level

(4)

Buy the Book

Click here to buy the book "How to Measure Training Results". If you wish to purchase 20 or more copies of the same title (not the summary, but the "real" book), please contact us at bulkorders@getAbstract.com. Make sure you include the title of the book and your phone number.

getAbstract makes it easy for you to access the summary of How to Measure Training Results any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!