Measuring Business Impact: Step 3 – Gather, Record, and Analyze Data

In a recent blog post titled: Are You Measuring the Business Impact of Your Employee Training Programs?  we identified a 4 step process for demonstrating the value of your employee training programs through measuring business impact. Defining the problem and your employee training solution is the first step in measuring business impact. The second step in this process is to define your business impact indicators. The third step to measuring business impact is to gather, record, and analyze your data.

At the beginning of this stage, you’ll first need to develop a data collection plan. You need to consider what factors would be beneficial for your overall analysis of your employee training program, such as:

Timeframe of data collection

Given the specifics of your training program, what are the appropriate times to gather data? How long after your training has ended would you expect to see positive changes in performance? Will you collect data weekly, monthly, annually?

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