Fergal Connolly’s Post

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Multiply3K followers

Businesses invest millions in marketing because they expect measurable returns. Campaigns are tracked, analyzed, optimize, and the CMO is accountable for outcomes. But when it comes to Learning & Development, the same logic & rigour disappears. Budgets are approved, programs are launched, participants smile on their feedback forms… but most of the time, that’s where the accountability ends. Yet training is an investment, not a perk. Research shows that only a fraction of training spend translates into improved job performance, meaning billions are lost every year in untransferred learning. It doesn’t have to be this way. If the CMO must prove ROI, then so should the CLO. We should be held to the same standard as the other critical areas of the business. Until we measure learning by its impact on performance and business results, L&D will remain to be viewed as a cost instead of the strategic partner it can be. #MultiplyTransfer #LearningAndDevelopment #PerformanceConsulting #LearningTransfer #BusinessImpact #LDRoi

Carl Hodler

StoryTagger5K followers

5mo

ROI isn’t just about hard financial data either. Capturing commitments to change, or tangible evidence of learning transfer in areas the business cares about can be extremely powerful too. The smartest time to start doing this is now!

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