CAT tools: what ROI?. ROI = productivity? ROI = production gains – investment costs. Or expenditure savings – investment costs LSPs invest in CAT tools.

Slides:



Advertisements
Similar presentations
Economic Development: Women in Mountainous Areas Sarosh Sattar Economic Management and Poverty Reduction Department Europe and Central Asia Region The.
Advertisements

Business Calculus Applications of Integration.
Financial Education Win-Win for Clients and MFIs.
Creating Value / Leading Transformational Change Project Johanna Smith – Business Information System Development Manager.
TRADOS Roadshow 2004 Getting the most out of your TRADOS investment Anja Twents mailto:
Designed to help leaders identify the key elements that support a district-wide improvement strategy and to bring these elements into a coherent and integrated.
Chapter 2 Reporting and Analyzing Cash and Internal Controls
Distance & Blending Learning. Aims of eLearning To provide additional educational material to traditional universities students in order to Improve teaching.
Measuring Success ROI Tools. Everyone wants to be successful….. but measuring success can be challenging.
Human Resource Management and Strategic Human Resource Management
+ Guaranteed Investment Certificate GIC A GIC is a savings certificate sold by the banks A GIC guarantees a fixed interest rate (whereas interest rates.
Alan Melby & Tyler Snow. GALA survey 32 translation companies, content owners, and freelance translators indicated that their current translation quality.
Human Resource Management
Life or Debt: Tips on Saving and Investing Jamie Salazar.
Development of Competence Profile Quality managers in VET-institutions Project no: PL1-LEO This publication [communication] reflects the.
Economic Aspects of Information Systems Updated 2015 MIS 2000 Information Systems for Management Instructor: Bob Travica.
CTAP-295 Final Presentation JAN MADDUX Chowchilla Union High School.
DEPARTMENT OF PSYCHOLOGY WELLCOME DEPARTMENT OF IMAGING NEUROSCIENCE The Price of Pain and the Value of Suffering Ivo Vlaev, Ben Seymour, Ray Dolan, Nick.
TOTAL QUALITY IMPROVEMENT (AGENDA ITEM 5) DECISION EXPECTED TAKE NOTE OF THE RECOMMENDATIONS AND IMPLEMENT THEM AS PART OF QUALITY PLAN th PAPU Administrative.
The 5 Must-Avoid Collaboration Mistakes PBworks. What I believe Collaboration can make the world a better place This idea is not enough for executives.
BENCHMARKING An Essential Reporting Tool Presented By: Nancy Brooks 2008 NAEP Annual Meeting.
Investing 101 Having Your Money Work For YOU. Saving vs. Investing List 2 ways you can save on one post-it and 2 ways you can invest on the other. Stick.
The secret to creative success is knowing how to hide your sources! — Albert Einstein.
Getting organized was never so easy. Every person in the world will have some or the other Valuable Information which should be protected from anybody,
National Transfer Account 1 National Transfer Account China NTA Workshop I NUPRI, Tokyo, Japan Qiulin CHEN 陈秋霖 CCER, Peking University Beijing, China October.
STRATEGIC PLANNING Key Concepts to consider when developing a Strategic Plan with your S & R Leadership Team.
Financial Literacy Curriculum OHIO COMMUNITY ACTION TRAINING ORGANIZATION.
Title ICT as a source of competitive advantage: a case of a large commercial bank in Kenya by Lawrence Okungu and Jeremiah Kagwe Key words ICT, Competitive.
Performance Management. Concept Performance management can be defined as a strategic and integrated approach to sustained success to organizations by.
Translingual Europe Panel Discussion Competition of MT Paradigms Where is RBMT? Translingual Europe Prague May 13, 2009 Daniel Grasmick.
Income and Expenditure. As people earn more income, they spend more, but also save more In percentage terms, people with higher incomes spend less and.
ELearning in Higher Education in Europe - Why is Quality an Issue? Erika Löfström University of Helsinki, Finland BIP, Akdeniz University, Antalya August.
Copyright 2004 Prentice Hall 1 Organizational Theory, Design, and Change Text and Cases Fourth Edition Gareth R. Jones.
Case Study SummaryChallenges Cisco WebEx, the world market leader in online web conference, has been working with Link Translation since 2009 to support.
TERMINOLOGY TECHNOLOGY MANAGEMENT Increasing linguistic quality with our.
Time Value of Money. Future Value of Money n The value of an investment after it has been compounded with interest for a specific period of time n FV.
Financial Planning. A tool used to achieve financial success based upon the development and implementation of financial goals. On going process for life.
- the EP perspective - Rodolfo Maslias - Ciprian Dumea TermCoord,
Information, Analysis, and Knowledge Management in the Baldrige Criteria Examines how an organization selects, gathers, analyzes, manages, and improves.
HIV/AIDS Track Session. Key Points Application of international reference price list during a national tender is a valuable tool for achieving optimal.
Working in Partnership
Financial Management & Internal Control for Utility Companies Julia Barber, CPA and Sherman, Barber & Mullikin, CPAs Madison, IN
Ensure Our Future. WAR Stories Financial Transactions System Assumptions instead of Detail in SOW Include Purchasing = Value KPMG audited process and.
Transformation in Seattle & King County, WA Chrissy Russillo, Chief of Staff March 25, 2014.
_name Kronos Confidential 1 Principle V: Efficient & Effective Support Operations Goals 1 – 4 1.The District will develop and maintain a balanced.
Financial Planning. A tool used to achieve financial success based upon the development and implementation of financial goals. On going process for life.
The benefit of GIS outweighs the cost Freetown GIS Conference 2013 Supported by… Mr Kofi Panyin Yarboi, GIS Expert
Unified thinking in the century of changing technologies – “Baby boom” Evgeniya Dmitrieva, VNIIAES.
McGraw-Hill/Irwin Chapter 1 The Nature and Purpose of Accounting Copyright © The McGraw-Hill Companies. All Rights Reserved.
The business case for Responsible Tourism Calabash Tours 2016.
Tuberculosis - the opportunity in our lifetime Dr. Lucica Ditiu | Executive Secretary | Stop TB Partnership 09.April.2013 | Brussels, Belgium.
KNOWLEDGE MANAGEMENT (KM) Session # 15. Knowledge management is a method to simplify and improve the processes of creating, capturing, sharing, distributing,
CHAPTER 4: The Evolving/Strategic Role of Human Resource Management
DATABASE/MIS PRESENTATION ABDUL BONTON FOFANAH CIVIL SERVICE TRAINING COLLE TOWER HILL - FREETOWN.
A framework for assessing Public Investment Efficiency in Low-Income Countries.
Responsibility Center
Web Design And Development Company
Association of MBA’s Session 4: Fundraising: Theory & Practice
Ratios.
التأهيل التربوي المملكة العربية السعودية جامعة الملك عبدالعزيز
Knowledge management in virtual organization
به نام خدایی که یاد او، مایه ی آرامش واقعی است.
SPIRIT OF HR.in TRAINING EVALUATION.
دانشگاه شهیدرجایی تهران
Learning organisation
تعهدات مشتری در کنوانسیون بیع بین المللی
بسمه تعالی کارگاه ارزشیابی پیشرفت تحصیلی
Cat.
Vision for the Enterprise Data Warehouse (EDW) Programme
User’s Perspective Laurie Gerber.
Presentation transcript:

CAT tools: what ROI?

ROI = productivity? ROI = production gains – investment costs. Or expenditure savings – investment costs LSPs invest in CAT tools to make money Productivity is "measurable" in principle Unpopular indicator among translators Is it truly measurable or reliable?

Hurdles to achieving ROI Staff resistance Perceptions : CAT tools kill creativity CAT tools are a means for managers to reduce translator numbers… Poor integration Poorly managed assets (memories, termbases)

Where's the added value? (1/2) Inside translation departments : Consistency Shorter learning curve Empowerment of translators Knowledge sharing Succession planning

Where's the added value? (2/2) Outside translation: Terminology Referencing Knowledge bank Leverage with other systems

The golden egg Translation memories: a vast, valuable and quantifiable asset

Thank you for your attention