Maximize Training ROI

5 Steps to Maximize Training ROI

In this post I have summarized an article that was recently published in Plant Engineering magazine about how to maximize maintenance and reliability training ROI. This 5 step process provides a framework to improve your approach to identifying training needs, selecting training providers and maximizing your ROI,

Making a strong case for training during fiscally frugal times is a challenge; finding the budget and time can be even harder. With downsizing common and turnover regular, many managers and supervisors are faced with filling roles, skill gaps or training needs. In a time when every dollar matters, you must ensure maximum return on investment. You have the responsibility to provide direction and develop your people.

Follow these five steps to ensure your employees get the right training and, in turn, the best results:

1. Align training with organizational goals and strategy