For any L&D professional looking to examine the relationship between workplace training and its business benefits by analyzing the collected data, ‘Data & Business Benefits’ – the final instalment in our 3-part ‘Data, Nudges & Learning’ Open Learning Experience (OLX) – delved into the core measures, such as Return on Investment (ROI), as well as some of the less obvious impacts that data analytics can inform.
Over a two week facilitated period, we also observed the ways of using information regarding the impact on performance to optimize your programs, as well as how to communicate the business benefits to your organization; making the case for ongoing investment in training and development.
The first two instalments of our OLX observed the ‘how’ of data in learning. We looked at both Nudge Theory and Learning & Motivation Theory, exploring how its principles can be applied to L&D initiatives to provide a more personal experience for the learner.
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