A majority (86%) of business leaders think employee development is critical for driving business outcomes; companies spend an average of $1,200 per employee on training each year. However, only 34% of business leaders think that learning and development (L&D) efforts impact business outcomes. Worse, as employees seek alternative sources of learning, nearly two-thirds of L&D spending goes to redundant or low-quality learning programs.
Prove and Improve L&D Effectiveness
Are you wasting your learning investments?
L&D under pressure to prove its value
As costs and workplace complexity increase, leaders expect all business units to demonstrate their contribution to the bottom line — L&D is no exception. Business leaders demand more and better information showing how L&D programs drive business impact. L&D teams know their investments are critical to organizational success, but without a quick and easy way to collect, synthesize and share information, business leaders remain uninformed.
Make your learning investments count
The best L&D functions deploy data management, analytics and reporting capabilities in order to measure effectiveness of, and ROI on, all learning programs, adjust L&D programs and optimize L&D investments, and communicate business impact to stakeholders.
By assessing and reallocating programs in their learning portfolio, these teams elevate their impact and secure their credibility as a key contributor to the business.
Metrics that matter
Corporations spend an estimated $145 billion annually on training, but fewer than half of those investments result in tangible returns. Metrics That Matter™ users, however, see a 20:1 ROI, thanks to reduced wasted learning, lower administrative costs and improved productivity.
Learning analytics
Learning analytics define new measurement needs and describe new analytic solutions that boost the impact of talent development programs. Key areas of focus include aligning development programs to business needs; creating measures that serve as leading indicators of success; isolating the programs' impact; developing actionable results for C-suite decision making; and using technology to provide instant insights.
Gartner’s Learning Measurement Expert
John Mattox
Managing Consultant,
Talent Solutions
Learning Measurement
L&D Checklist
Learning Analytics Essentials
Use this list of 10 learning analytics essentials to ensure that your L&D function has the right learning analytics capabilities in place to be successful.
Webinar Presentation
5 Myths About Measuring Training’s Impact
Common misconceptions about L&D impact measurement, including the accuracy of self-reported data and the pitfalls of customizing evaluation questions.
Executive Summary
Building the Next-Generation L&D Function
How the best L&D functions decrease wasted learning by extending their influence across the learning community and establishing franchise partnerships.
Gartner is a trusted advisor and an objective resource for more than 15,000 organizations in 100+ countries.
Gartner is a trusted advisor and an objective resource for more than 15,000 organizations in 100+ countries.
Learn more about how we can help you achieve your mission-critical priorities.