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As such, it is essential to align your L&D strategy with your organization’s overall strategy for maximum ROI. Your plan should include the purpose of your training and the proposed deliverables. Training can be costly for the business and takes away time from employees doing their daily tasks.
Achieving ROI – HR transformation projects often involve significant investments in terms of time, effort, and resources. A well-developed project plan increases the likelihood of achieving a positive ROI. Milestones could be the completion of specific deliverables, achievement of key objectives, or crucial decision points.
The HR scorecard, also known as HR KPI scorecard, is a strategic HR measurement system that helps to measure, manage, and improve the strategic role of the HR department. These are called HR deliverables. They are also known as HR metrics and, more specifically, HR KPIs , as they are metrics linked to the business strategy.
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