Bibliographic Details
| Title: |
ROI: Drilling Down on Cost-Benefit Components. |
| Authors: |
Burton, Sharon L.1 312sbdba@ngs.edu, Bessette, Dustin2,3 dbessette@stu.ngs.edu, Brown-Jackson, Kim L.1 312kbdba@ngs.edu, White, Yoshino W.4 ywoodard@gmail.com |
| Source: |
Journal of Applied Learning Technology. Fall2013, Vol. 3 Issue 4, p16-25. 10p. |
| Subject Terms: |
*Effective teaching, *Distance education research, *Learning, *Cost effectiveness, *Education costs, *Organizational learning, *Training, Rate of return, Economics |
| Abstract: |
Learning effectiveness with reduced cost continues to drive distance education programs. Academicians and business professionals want to know cost-savings, cost-benefits, and cost efficiencies of e-learning. Learners are seeking new knowledge, skills, abilities, and competencies in a briskly transforming and very technical climate. The information and digital age is intertwined in networked substructures within working environments. Online learning is pushing the rules regarding the return-on-investment (ROI) because it necessitates more planned programs and investments, as it corresponds to online business enterprises. While historic data can be used to reposition ideas, new information needs to be reviewed for continued process improvements. This paper reviews (1) aligning training with business objectives, (2) tracking and evaluating business results and (3) the value of an online investment in terminology for training professionals. Also, learners will better understand why business values should be attached to organizational learning capabilities. Practitioners will increase their knowledge of the components needed to calculate ROI. [ABSTRACT FROM AUTHOR] |
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| Database: |
Education Research Complete |
