- Identify Critical performance gaps through the Du Pont ROE format.
- Financial Statement Analaysis
- Rank gaps by the expected gains impacted by training.
- Pareto princple
- Sensitivity analysis
- Establish competency profile of job holders through interviews, past records, and task analysis, benchmarks etc etc
- Identify the relevant best practices and the competency profile of the successful practitioner.
- Establish the competency gaps
- Estimate costs of alternative training approaches
- Estimate the impact of training and its' benefits
- Compute the ROI and IRR of training for it's justification.
Using 1. financial diagnosis to examine the performance problems and issues. 2. Gap analysis to identify weak performance areas. 3. bench markings to identify best practices and performance standards. 4. Where competencies are profiled and identified. 5. business models to simulate the results and measure the impact of training. 6. an approach, on which ROI training could be calculated...Copyright Arriffin 012-2786282
Monday, January 25, 2010
Performance & competency Gap Analysis
Labels:
ROI Training and TNA
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