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MTM Measurement Initiative
Overview for Executives
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What is this initiative?
A way for us to get better We will be using data to increase speed-to-insight and make faster improvements in the content we deliver, the way we train, the way learners practice, and the way we operate The goal is to optimize our performance to make those we serve better and achieve desired business outcomes Simply put, we’re collecting better data so we can make better decisions. This includes evaluation data on your delivery, the content as well as the classrooms and the technology used as part of the training
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The Value of Measuring Measurement enables organizations to:
Companies investing in Learning Measurement outperformed the S&P 500 by 17% Grow revenue by improving workforce performance Optimize human capital investments Drive timely decision making with predictive analytics Analytics can provide a competitive advantage. By improving our capacity to measure our talent development investments, we will see improved performance as an organization. A study by McBassi & Company of Metrics that Matter customers showed that those with the most sophisticated approaches to measurement outperformed the S&P 500 by 17%. This is achieved in three primary ways: Measurement leads to more effective talent development programs, which improves workforce performance and business outcomes Optimizing the spend on human capital investments by reallocating funds to the most impactful Timely decisions are made based on predictive indicators rather than lagging metrics Source: McBassi & Company, December 2009
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Improving the performance of your team
How does it impact you? Improving the performance of your team Receiving regular feedback from the learners will help us take action to improve course impact and effectiveness Ultimately, this will result in better performance of the learner and better business results for our organization Establishing a culture of continuous improvement Leveraging data and feedback to continuously improve performance Increasing efficiencies by using the data to… Better manage resources Improve the quality of recommendations and actions Ensure activities are always aligned to strategic outcomes and imperatives
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Your help in this process is appreciated.
We look forward to making our organization better…together!
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Appendix: About MTM
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Metrics that Matter (MTM)
Leading system dedicated to Learning & Talent reporting Automated data collection from learning evaluations Practical, scalable, and repeatable measurement Focused on job impact and business results Used by top organizations, including those that have received the following honors: CLO LearningElite Training 125 Hall of Fame ATD Best Brandon Hall Excellence Speaker Notes And the tool we decided on was Metrics that Matter (MTM) from CEB. What is Metrics that Matter, and why did we select this as the tool? As I mentioned, we were looking for a leading system that would automate data collection from learning evaluations, and also whose core was in Learning & Talent reporting. We wanted a solution for evaluations that was practical, easy to use, and scalable across the entire organization, and also that we could use repeatedly across our training solutions. Metrics that Matter (MTM) is all of those things. Additionally, we were looking for a tool that helped us to help us show the value of the training that we deliver to the rest of the organization. That is, a tool that helped us to show what the job impact is once an attendee goes back on the job, and how that impacts business results. MTM helps us to do this. Finally, MTM is by top organizations across a broad set of industries, including award winning training organizations as you can see here, that we want to be in the company of.
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In Summary Metrics that Matter® allows us to…
Implement end-to-end automated class evaluation process Use consistent approach across all classes Increase the impact of the training organization Communicate our value to the business Continuously improve Recognize excellence Speaker Notes Instructions for Use: It is recommended that you add your own organizational benefits as you talk through this slide In summary, Metrics that Matter® allows us to do several things, including activities we could not do before: Implement an end-to-end automated class evaluation solution and process that allows us to use a consistent approach across all classes Enables us to use the feedback from a simple and effective class evaluation process to communicate and show our business value Increase the value and impact of the training organization to the business and our customers Continuously improve, based on the feedback from our ‘customers’, both our courses and our own delivery Finally, as we integrate MTM into our own development processes throughout the year, we will look at ways for how we can create approaches to recognize excellent performers as a result of MTM feedback, and how to incorporate the feedback into our performance management process. We are very excited about the use of MTM in our class evaluation process, and the impact it has on our customers, our training organization, and the business as a whole. Are there any questions that I can answer?
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