Workforce Development: Addressing the ROI Challenge
Print this Article | Send to Colleague
Mill management recognizes the importance of workforce development as a best practice, but return on investment (ROI) is difficult to quantify. TAPPI’s PIMA Division is offering a free webinar that will describe ways to assess the impact of workforce development and how alignment with organizational success can be achieved. The webinar is offered Tuesday, October 14, 12-1:00 p.m. EST. You can register here.
This webinar will review some common financial measures of workforce effectiveness such as overtime reduction and uptime improvement, but to assess the true benefit, a determination of the human impact on each performance measurement is necessary. Return on expectations (ROE) will be discussed as a useful tool to identify expected workforce behaviors as a result of workforce learning and their impact on business performance.
Content will describe the importance of management involvement in a workforce development program, in terms of expectation setting, defining how learning’s are to be applied, and desired behaviors of the participants. A question and answer session will follow the presentation.
The webinar is part of an ongoing series addressing management topics for the pulp, paper, and allied industries. Recorded versions of past webinars are available to TAPPI Members, including the most recent, "The Power of Real Time Costing".