What is the ROI of your training? How Starbucks Trains, Cut Alzheimer’s Risk by 50%!, What old people do for fun
As a Christian business leader you want to accelerate your growth, profit, and witness in the marketplace (and build a better life!). Our goal is to bring you the best tips, tools, and techniques to do just that!
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Business
4 Levels of Training Effectiveness – Training your team is not cheap. It costs money to provide the training and it costs even more in opportunity cost when your people are not producing. How do you know your training is worth that cost? Evaluate and improve your training using the 4 Levels of Training developed by Donald Kilpatrick – Professor Emeritus at the University of Wisconsin and past president of the American Society for Training and Development. The 4 levels are (in order of return on investment):
1 – Reaction – How did your trainees respond to the training? Were they engaged? Did they feel it was worth their time?
2 – Learning – How much has the trainees knowledge increased as a result of the training? Did the training meet the specific learning objectives you outlined when you planned it? These objectives can be measured in changes to knowledge, skills or attitude.
3 – Behavior – Did the training create the desired change in behavior? Is the information provided being applied? Remember that behavior can change only if conditions are favorable. Your trainees might have learned but a manager won’t allow them to apply the knowledge.
4 – Results – Finally, what you were really doing training for! Notice that this only occurs after 1, 2 and 3 have? Results are not the easiest thing to measure, but would you rather keep spending money on training that doesn’t deliver? Me neither.
Use this tool to evaluate training you’ve done in the past (to determine if you want to do it again) and to plan future training. For a deeper look at the model, go here.
How Starbucks Trains – Starbucks has grown by an average of two stores per day for the last 27 years. Their stock is worth over 23x what it sold for in 1992. How do they deliver those kinds of results? Rigorous training. Click here to learn how they do it.
Health
Exercise Cuts Alzheimer’s Risk by 50% – Wow. Great new research done by UCLA Medical Center and the University of Pittsburgh. The more calories burned the greater the reduction in risk. The researchers estimate that an additional calorie burn of 500 calories per day is what is needed. Exercise – good for your heart, brain and waistline! Read more about the study here.
Life, Fun, Whatever!
Laughed Yet Today? – What old people do for fun! 40 seconds. Giggle Guaranteed. Watch here.
Here’s wishing you a great rest of your week!
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