IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this book chapter or follow this series

Return on Training in the Knowledge-Based Economy: Review and Analysis of Existing Approaches to Evaluation of Training Outcomes

  • Vladimir Ermakov

    (Swiss Business School, Russia)

Registered author(s):

    Studies report that in the knowledge-based economy the company’s sustainable growth depends on its employees. Having identified a positive correlation between investments into training and bottom-line, organizations pump millions of dollars into personnel and want to estimate ROI. For justifying training costs, training professionals should know the training evaluation techniques and master the proper language for successful communication with the financial department and top management. Based on the extensive literature review, this paper analyses existing approaches to estimating ROI into training. This study highlights the traits of up-to-date methods for estimating return on training, identifies weaknesses and outlines the areas for further research.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.fm-kp.si/zalozba/ISBN/978-961-266-112-0/papers/MIC4173.pdf
    File Function: full text in English
    Download Restriction: no

    File URL: http://www.fm-kp.si/zalozba/ISBN/978-961-266-113-7.pdf
    File Function: Conference Programme with Abstracts
    Download Restriction: no

    as
    in new window

    This chapter was published in: Vladimir Ermakov , , pages 557-579, 2011.
    This item is provided by University of Primorska, Faculty of Management Koper in its series MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers] with number 557-579.
    Handle: RePEc:mgt:micp11:557-579
    Contact details of provider: Postal: Cankarjeva 5, SI-6104 Koper, PO BOX 345
    Phone: 05 610 20 00
    Fax: 05 610 20 15
    Web page: http://www.fm-kp.si/zalozba/ISBN/978-961-266-113-7.htm
    Email:


    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Thang, N. & Buyens, D., 2008. "What we know about relationship between training and firm performance: a review of literature," Vlerick Leuven Gent Management School Working Paper Series 2009-01, Vlerick Leuven Gent Management School.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:mgt:micp11:557-579. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alen Jezovnik)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.