Question

In: Operations Management

Please read the text below and answer in a minimum of 1 page. Briefly discuss how...

Please read the text below and answer in a minimum of 1 page.

Briefly discuss how you will determine if transfer of training is successful. Discuss ROI in

terms of your training project. How will you measure ROI? What the training cost-

effective for the organization? Remember, if your training doesn’t generate measurable

value to the organization, management will be less supportive of training in the future

and your career as a training manager may be brief!

Solutions

Expert Solution

RIO (RETURN ON INVESTMENT)

it measures the return of investment in training and development ....they measuring how much profit they got by providing training and development to the employee ., the additional Roi formula for training program benefits(net profit) minus training costs and then divided by the program cost

we calculate ROI for different reasons

1. to justify the training budget

2 to evaluate the training method

3 to identify the area of improvement

HOW CAN DETERMINE TRANSFER OF TRAINING IS SUCCESSFUL

1 reaction and satisfaction

if the employee is satisfied with training it will be successful training

2.knowledge retention

why most of the companies giving training program to their employee ..is to gain more knowledge and experience .... if employees gained work experience we can say training is successful

3. business impact

after providing training and development program ....workers must be more productive ..so production will be increased also the advantage of the company automatically increase

As manager of the company, it is our duty to provide good training and development program to our worker

for the purpose of the training program, the company must be kept aside 2% of their profit

the more you provide training the more they will be productive

another challenge we face is ...it won't effective sometimes ..so must make proper planning before providing training

there are 2 methods of training

on the job training and'

off the job training ......

on the job training is more suitable for the new employee they can study new things under good supervision

it is the duty of a manager to choose the method of training it has to be successful


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