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When you invest valuable resources like time, money, and energy into your training programs, it’s essential to measure whether they’re working or not. Regardless of how you wish to approach it, variations of the Kirkpatrick model can be used to build a KPI (key performance indicator) framework for your training.
Art Kleiner is the Editor in Chief and Principal at Kleiner Powell International (KPI). Who will this idea resonate with the most given the limited amount of time and energy and resources I have as a thought leader to get it out there and build my audience? We hope you’ll take a moment to really internalize their great advice!
The textbook definition of employee engagement is the degree to which employees invest their energy toward meeting company goals and outcomes. Your HR software can help you manage the key performance indicators (KPIs) that signal when employees are not giving their all at work. 10% higher customer ratings. 20% more sales.
But that’s the power of scale – nothing can beat content as a bat signal. I get it- the activation energy to start publishing your professional ideas/thoughts is high. For a professional audience, at least, email is the only KPI I care about. Think of your writing on the same timescale as your career. Schedule it.
We asked them to share key KPI data, really nitty-gritty stuff like pricing changes, staffing costs and turnover data, how many days receivables/payables are taking, changes in R&D budgets and more, and then we analyzed it all and sliced it up in every way you can think of, by size, by industry, and so on. Will that last into a recession?
Well, if you don't calculate that well, what you might discover is you actually pull energy away from the thing that's currently making you money. People always want to launch their product ideas on this massive scale, and that's why so many folks go into debt and it affects them negatively. Is that a bad thing? What if it helps out?
This can help boost your company’s reputation, tell people about current vacancies, and give your recruitment strategy a new burst of energy. HR can utilize performance marketing to scale and diversify its advertising efforts and increase the number of top candidates applying for roles.
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