Dateline: Thu, 14 Jul 2005
freeNewsArticles Story Summary: “CHICAGO, Ill., (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, Inc. reports the results of a study validating their learning measurement technology and models. KnowledgeAdvisors proprietary learning analytics technology, Metrics that Matter(TM) wraps automation and templates around world renowned learning measurement methodologies of Dr. Donald Kirkpatrick, author of the Four Levels of Learning Evaluation, and Dr. Jack Phillips, author of the Phillips ROI Process. In doing so, KnowledgeAdvisors created a practical, scaleable and repeatable approach to valuing human capital performance changes due to training.”
A R T I C L E:
ARCHIVAL CONTENT
Research supports KnowledgeAdvisors Human Capital ROI model being practical and valid approach to measuring return on learning investments
CHICAGO, Ill., July 14 (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, Inc. reports the results of a study validating their learning measurement technology and models. KnowledgeAdvisors proprietary learning analytics technology, Metrics that Matter(TM) wraps automation and templates around world renowned learning measurement methodologies of Dr. Donald Kirkpatrick, author of the Four Levels of Learning Evaluation, and Dr. Jack Phillips, author of the Phillips ROI Process. In doing so, KnowledgeAdvisors created a practical, scaleable and repeatable approach to valuing human capital performance changes due to training.
To compare the model against more analytic tactics, an executive marketing program of a technology company was measured using three approaches: 1) statistical analysis of results-oriented competency and behavioral data was analyzed using ANOVA and regression, 2) in depth interview process was conducted with managers of participants of the training program, and 3) KnowledgeAdvisors proprietary evaluations were used immediately after training as well as 2 months later.
The three approaches were compared and determined to be consistent with minor variances in the quantitative differences between the models. The improvement percentage due to training derived from each model was 11.43% for the statistical analysis, 13.70% for the interviews, and 11.5% for the KnowledgeAdvisors evaluation instruments. The benefit to cost ratio was also similar amongst the methods being 3.69, 4.02, and 3.74 respectively.
The analysis between the models was performed by KnowledgeAdvisors experts in data analysis but then validated by a third party expert, Dr. Shreya Sarkar-Barney, who holds advanced degrees in statistics and organizational psychology and is an expert on the analysis of learning measurement data. “KnowledgeAdvisors Human Capital model and their Metrics that Matter(TM) technology provide a person in a learning role within the business world a practical and reasonable method of determining the value of training. Academics or scientific experiments obviously require more precision in data analysis, but in business where reasonable assumptions are needed to make decisions, this is a reasonable approach based on the results of this research.”
Kent Barnett, CEO of KnowledgeAdvisors stated, “This is not only a validation of our technology and automated scorecards within it, but also answers the question that learning measurement can indeed be both valid and credible while at the same time be done in a way that does not use significant people, time or money.”
For a copy of the white paper please contact KnowledgeAdvisors.
About KnowledgeAdvisors
KnowledgeAdvisors (www.knowledgeadvisors.com) is a corporate learning business intelligence firm that helps organizations gain the knowledge necessary to improve performance better educate workforces and reduce costs across the enterprise. Its proprietary measurement systems and benchmarking expertise help companies more successfully implement e-learning strategies and better manage corporate learning investments.
Metrics that Matter is a trademark of Knowledge Advisors.
Contact for inquiries related to this press release: Jeffrey A. Berk, Vice President, Product and Strategy, KnowledgeAdvisors, jberk @ knowledgeadvisors.com, 312-423-8599.
###
Copyright © 2005 by KnowledgeAdvisors and Send2Press® Newswire, a service of Neotrope® – all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.
• Story Title: Proprietary Human Capital Measurement Model for Training Validated
• REFERENCE KEYWORDS/TERMS: , , , , Reports and Studies, , , .
IMPORTANT NOTICE: some content which is considered “old” or “archival” may reference an event which has already occurred; some content possibly considered “advertorial” may also reference a promotion or time-limited/sensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the company/person mentioned in the text (KnowledgeAdvisors); this site cannot assist you with information about products/services mentioned in the news article, nor handle any complaints or other issues related to any person/company mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 14 Jul 2005 06:00:00 GMT].
USE THIS CONTENT FOR FREE: To use this content in your newspaper, broadcast outlet, news portal, blog/ezine or similar, free of cost, CLICK HERE to learn how.