John Stuart Return on Investment 21 st April 2006
Case Study Retail Fashion Company Owner Managed 265 Stores £150m Turnover Flat Structure New Management Team
Strategic Assessment Retail Division under performing Key measures Business understanding Setting targets Establishing KPI’s Reflect business targets Organisational audit
Organisational Audit Change Management principles Top down More than training Business change Assessment Centre Behavioural Map Skills Map Personal Development Plans Reflect business targets
Learning and Development Plan Educational processes Build skill bases Change behaviours Improve personal impact on the business Project based Programme Profit centred Closely tailored to P.D.P.’s Measurable Mapped into Qualifications
Measurement Base line information Clear objectives Linked to KPIs Link to PDPs Use existing business measurement where possible Build measures into projects Control Groups
Accreditation External Framework Credibility Personal reward Measure progression Incentive for change
Outcomes £750,000 turnover increase Improved staff retention 5% Improved succession planning Project resulted in a new chain of 50 stores Programme rolled out nationwide Business became its own accredited NVQ centre generating additional funds for training Business recognised with 3 Training Awards
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