Monday, January 25, 2010

Performance & competency Gap Analysis

  1. Identify Critical performance gaps through the Du Pont ROE format.
    • Financial Statement Analaysis
  2. Rank gaps by the expected gains impacted by training.
    • Pareto princple
    • Sensitivity analysis
  3. Establish competency profile of job holders through interviews, past records, and task analysis, benchmarks etc etc
  4. Identify the relevant best practices and the competency profile of the successful practitioner.
  5. Establish the competency gaps
  6. Estimate costs of alternative training approaches
  7. Estimate the impact of training and its' benefits
  8. Compute the ROI and IRR of training for it's justification.