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Making the Business Case for Training and Development: 5 Steps for Success

September 23, 2010 15:00 by Ann Pace

(From UNC Kenan-Flagler Business School) -- Human resource and talent management professionals can turn today’s economic challenges into opportunity and become true strategic partners by creating strong business cases for their learning and development initiatives. To do so, HR can no longer measure the return-on-investment (ROI) of learning and development after the programs have been implemented. Instead, they should calculate and anticipate the returns these initiatives will have on their organization’s bottom line.

This white paper explores how organizations can retool their learning and development programs to reflect how they should be doing business and provides steps you can make to show your CEO and CFO the top and bottom-line value and the ROI of learning and development initiatives. With the proper focus and understanding of how learning and development programs contribute to corporate profits, spending on training and development will be viewed as an investment with the potential for strong returns rather than as a disposable business cost.

Download the free whitepaper.

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