article thumbnail

Instructional Design and ROI

Clarity Consultants

Improving employee competency and efficiency does result in gains, but they’re less concrete. Some employees may increase their efficiency by 20 percent, while others may improve by more or less. Higher quality training leads to greater knowledge retention and shorter timelines for knowledge acquisition, making them more efficient.

ROI 246
article thumbnail

The Importance of Investing in Employee Development During Tough Economic Times

Clarity Consultants

The more training you offer, the more efficient and effective employees are in a role. Retaining existing employees is far more cost-efficient than hiring and training new talent. L&D Programs Enhance Employee Performance When working for a company, the number one thing that people find most valuable is knowledge.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Capture Value from Collaboration, Especially If You’re Skeptical About It

Harvard Business

On the contrary, clarity about where the buck stops is one of the most critical enablers of efficient teamwork. Working with old hands before you forge a project of your own helps you pick up the routines, processes, and tools that make collaboration efficient. But collaboration is not consensus.

How To 131
article thumbnail

Effective Governance: Overcoming Bias and Inertia

Tom Spencer

However, larger businesses often face challenges that hinder the efficacy and efficiency of their governance systems, impeding their ability to adapt, innovate, and thrive. This is the realm of efficient and effective governance, characterized by fresh perspectives, unwavering resilience, and a commitment to excellence.

article thumbnail

Bots Won’t Just Help Us Buy Stuff. They’ll Help Us Become Better Versions of Ourselves

Harvard Business

The next step is obvious: Enable digital twins — or triplets, quadruplets, septuplets — to help GE’s human assets become more productive and efficient, too. The critical organizational challenges going forward revolve less around technological implementations than around data and analytics governance.

article thumbnail

The Critical Skills for Leading Major Change in America’s Health System

Harvard Business

In fact, we were actually engaged not in a technology-implementation program but in a huge change-management initiative. But the key problem was that the records were not internally interoperable, which had become a growing barrier to improving quality and efficiency in an increasingly demanding local-health-care environment.

System 77
article thumbnail

7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

Agility Evolution Agile transformation represents an ongoing effort to improve efficiency and effectiveness of the organization. Are processes/technologies implemented as part of a holistic strategy? What kind of impact has upskilling experts had on client satisfaction/sentiment/retention? Can they scale? Or on an ad-hoc basis?

Agile 52