Tag: ROI

Train Your Employees in Business Ethics

Here’s a useful training exercise you can use to get your ethics training off to an interactive start. The objective of the exercise is to examine key issues involved in business ethics. Ask trainees to complete the worksheet below. Then use the answers provided in the “Guidance” section to discuss the results as a group […]

Technology’s Effect on Corporate Training

The training question is: “How is technology changing corporate training, and what do trainers need to keep in mind in light of that?” Here is how an expert responded: The primary way that technology is changing training is that “it’s disaggregating content,” says Karl Kapp (www.karlkapp.com), Assistant Director of Bloomsburg University’s Institute for Interactive Technologies, […]

Create Future Leaders by Training Employees How to Delegate

Delegation is yet another essential managerial skill. Employees who aspire to leadership positions must begin to acquire this skill now. Teaching delegation means providing opportunities to practice the skill—perhaps through management of a special project or team effort. It also means imparting an understanding that delegation is a six-step process. When you delegate, you must […]

Reward Next Practices—What’s Happening to Total Rewards?

The bad news is that many still find it hard to maintain an effective rewards system. McMullen is Reward Practice Leader for Hay Group in Chicago. He was joined by Dow Scott, Professor of Human Resources in the Quinlan School of Business Administration at Loyola University Chicago and president of Performance Development International, a management […]

How Can You Boost the ROI of Your Training?

With continuous pressure from management to demonstrate the ROI for corporate training, trainers need to deliver programs that give the company the most bang for its buck. One way to accomplish that goal is to tailor sessions to the audience by considering their: Learning styles and learners’ experience, Knowledge, and Personal characteristics. Accommodate Different Learning […]

Good News: HR Degrees Are Worth It

More good news for the HR pros: That degree was worth it. We recently wrote about human resources (HR) making Forbes’ “America’s 15 Most Surprising Six-Figure Jobs” list. Now the HR profession has made another list: Salary.com’s “8 College Degrees That Will Earn Your Money Back” list.

Employee Rewards: Do You Measure the Effectiveness of Your Program?

Two primary perspectives exist when it comes to employee reward programs: Reward programs are seen as a cost of doing business, in which case the goal is to minimize the costs. Reward programs are seen as an investment, in which case the goal is to optimize the return on the investment. Organizations, including their managers […]

ROI of Sales: 3 Recommended Approaches

DiMisa, who is senior vice president, Sales Force Effectiveness at Sibson Consulting, outlined eight design challenges during a recent webinar sponsored by BLR® and HR Hero®. ROI #1. Reduction in Compensation Cost of Sales through Improved Plan Design and Measurement Reducing total incentive compensation costs through improvements in design and planning can yield a near-term […]