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ERIC Number: EJ935944
Record Type: Journal
Publication Date: 2011-Sep
Pages: 19
Abstractor: As Provided
Reference Count: 62
ISBN: N/A
ISSN: ISSN-1360-3736
Variables Influencing the Return on Investment in Management Training Programs: A Utility Analysis of 10 Swiss Cases
Chochard, Yves; Davoine, Eric
International Journal of Training and Development, v15 n3 p225-243 Sep 2011
In this article, we present the utility analysis approach as an alternative and promising approach to measure the return on investment in managerial training programs. This approach, linking economic value with competencies developed by trainees, enables researchers and decision-makers to compare the return on investment from different programs in different organizations. Despite the potential contribution of utility analysis, few studies have adopted this approach to evaluate return on investment. This article demonstrates the value of utility analysis through a brief review of former studies and a report of our own evaluation results based on data collected in 10 cases from 158 managers. The article focuses on three main variables influencing return on investment as identified in former studies: the duration and thematic focus of training programs, the job class of the trainees and the research design.
Wiley-Blackwell. 350 Main Street, Malden, MA 02148. Tel: 800-835-6770; Tel: 781-388-8598; Fax: 781-388-8232; e-mail: cs-journals@wiley.com; Web site: http://www.wiley.com/WileyCDA/
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Switzerland