Evaluation of Training Effectiveness - PowerPoint PPT Presentation

1 / 20
About This Presentation
Title:

Evaluation of Training Effectiveness

Description:

Evaluation of Training Effectiveness Mukesh Kumar, MoF MA, PGDIM, CAIIB, Dip in Treasury Inv & Risk Mgmt, MBA (Human Resource Mgmt) Training is expensive Without ... – PowerPoint PPT presentation

Number of Views:285
Avg rating:3.0/5.0
Slides: 21
Provided by: Hars96
Category:

less

Transcript and Presenter's Notes

Title: Evaluation of Training Effectiveness


1
Evaluation of Training Effectiveness
  • Mukesh Kumar, MoFMA, PGDIM, CAIIB, Dip in
    Treasury Inv Risk Mgmt, MBA (Human Resource
    Mgmt)

2
  • Training is expensive
  • Without training it is more expensive

3
  • Training and Development
  • is not welfare
  • not for filling training hours
  • not a tonic for mental health
  • not an award given to make the employee happy.
  • T D should be a part of business.
  • T D should be aligned to vision, mission, values
    and strategy of organization

4
Tangible and intangible benefits
  • Improved quality of work. 
  • Higher productivity, Increased profits. 
  • Reduction in employee turnover.
  • Improved quality of work life.
  • Improved human relations (e.g., improved vertical
    and horizontal communication)
  • Increased sales.
  • Fewer grievances.
  • Lower absenteeism.
  • Higher worker morale, Greater job satisfaction.

5
Training Evaluation
  • It is a process of establishing a worth of
    something.
  • The worth, which means the value, merit or
    excellence of the thing
  • It refers to the benefits that the organization
    and the trainees receive from training

6
Kirkpatricks model
  • Four Levels of evaluation
  • Reaction
  • Here your goal is to measure participants
    reactions to the training program. You should
    measure their reactions immediately after the
    program.
  • Learning
  • Change in KSA, take away from training
  • Behaviour
  • Did the training have a positive effect on job
    performance? Level three evaluation specifically
    involves measuring the transfer of knowledge,
    skills, and attitudes from the training context
    to the workplace.
  • Results
  • Training program led to final results, especially
    business results that contribute to the bottom
    line (i.e., business profits).

7
Why to Evaluate?
  • To identify the programs strengths and
    weaknesses
  • To assess whether content, organization, and
    administration of the program contribute to
    learning and the use of training content on the
    job
  • To identify which trainees benefited most or
    least from the program

8
Why to Evaluate?
  • To gather data to assist in marketing training
    programs
  • To determine the financial benefits and costs of
    the programs
  • To compare the costs and benefits of training
    versus non-training investments
  • To compare the costs and benefits of different
    training programs to choose the best program

9
Who should evaluate the Training
  • Organization
  • Training Centre
  • Trainer (Faculty)
  • The Trainee

10
What can be evaluated
  • The Plan
  • The Process
  • The product
  • The evaluation of Plan
  • Course Objectives
  • Appropriate selection of participants
  • Timeframe
  • Teaching Methods

11
What can be evaluated
  • The Process evaluation
  • Planning Vs. Implementation
  • Appropriate participants
  • Effective use of time
  • Teaching according to set objectives
  • Observation by the teacher himself
  • Observation by other teachers
  • Questionnaire completed by students

12
  • The Product evaluation
  • -Changes in effectiveness
  • Impact Analysis
  • Achieving Targets
  • Satisfying Interested Parties
  • Improvement in process time
  • Ability to cope with external changes

13
Evaluation process
  • Pre training evaluation
  • Ongoing evaluation
  • Entry test
  • Live evaluation- Mid course correction
  • Exit test
  • End term evaluation (Programme feedback)
  • Post training evaluation

14
Measuring participants learnings
  • 1. Measurement of knowledge
  • -Pen paper test
  • 2. Measurement of skill / competence
  • -Practical test, performance tests
  • 3. Measurement of change in attitude and values
  • -Various instruments

15
Outcomes Used in Evaluating Training Programs (4
of 4)
  • Return on Investment (ROI)
  • Comparing the trainings monetary benefits with
    the cost of the training
  • direct costs
  • indirect costs
  • benefits

16
To calculate return on investment (ROI), follow
these steps (1 of 2)
  1. Identify outcome(s) (e.g., quality, customer
    satisfaction etc)
  2. Place a value on the outcome(s)
  3. Determine the change in performance after
    eliminating other potential influences on
    training results.
  4. Obtain an annual amount of benefits (operational
    results) from training by comparing results after
    training to results before training (in absolute
    terms)

17
To calculate return on investment (ROI), follow
these steps (2 of 2)
  • Determine training costs (direct costs indirect
    costs development costs overhead costs
    compensation for trainees)
  • Calculate the total savings by subtracting the
    training costs from benefits (operational
    results)
  • Calculate the ROI by dividing benefits
    (operational results) by costs
  • The ROI gives you an estimate of the dollar
    return expected from each dollar invested in
    training.

18
Return on Investment
  • Models outcome and training input
  • Based on organisational parameters
  • Training objective and evaluation parameter are
    to be aligned
  • Resources and time
  • Filtering impact of training

19
Road Blocks
  • Time
  • Bosses
  • Cost
  • Expertise
  • Trainers

20
  • THANK YOU
Write a Comment
User Comments (0)
About PowerShow.com