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I'm pleased to share that an article I wrote spotlighting the Predictive Evaluation (PE) Model is in the March 2011 issue of the prestigious Performance Improvement Journal. As an evaluator and training leader, being spotlighted in Performance Improvement Journal is an honor, as it's a premier resource for practitioners of performance technology in the workplace. Click here to download your free copy of Forecasting the Value of Training (6 pages).
In the article, I showcase a case study involving the Vice President of Talent at a global Fortune 100 company, who had to justify the value of a company leadership college that she was overseeing. When leadership cut the company's training budget to fund other projects throughout the organization, this VP used the PE Model to forecast the value that her Business Acumen Training would provide to the company.
When I met with this VP, she asked me if my approach could predict the financial benefits from Business Acumen Training and set metrics to predict training success in relation to intention (motivation to use on the job), adoption (application or transfer to the job), and impact (tangible organizational results). My answer was yes, and together, we used PE to demonstrate how this training was an investment with a predicted return. As a result, this VP was able to save $600,000 from being cut out of the program, and many employees were able to benefit from this training.
As always, I welcome your feedback, so please email me at valelearn@gmail.com and tell me what you think.
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