Dear Friends
Recently presented a paper on 'Training & Development and Business Alignment' with a focus on ROI at one of the conferences held at Jamnalal Bajaj. It was shocking when the judge commented that no one does ROI in companies.
The fact that I was presenting a paper followed by a Case study on ROI implementation especially a PSU, itself is a proof that few companies have started implementing the ROI methodology.
The judge belonged to Finance area. Though he was from finance, he judging a HR paper presentation. It is likely that he may not have heard of Kirkpatrick or Phillips ROI model. I wanted to ask the judge to share any data or any research he might have done in the ROI area in HR.
In the Mumbai University Management Syllabus, Kirkpatrick's model is covered in short. However, the application and case studies with respect to Indian scenario is not available. This itself shows the gaps that may exist in the academic research and ROI.
However, researchers belonging to the HR fraternity appreciated my presenting a ROI related paper and wanted to know more. Infact few even requested to take lectures to their students in the ROI area.
Do we calculate ROI on such conferences or is it just a another networking event is what the readers can answer?
Few industry stalwarts claim that such models are just a fad and donot work practically. I tell them the same thing was felt when Balanced Score Card or PCMM model entered the market. It took India ages to accept and make such models work.
It is high time that HR professionals come out of their closet and accept challenge to implement the ROI Process in their companies.
With Gratitude
Sonali
www.exponentialadvisory.co.in
Recently presented a paper on 'Training & Development and Business Alignment' with a focus on ROI at one of the conferences held at Jamnalal Bajaj. It was shocking when the judge commented that no one does ROI in companies.
The fact that I was presenting a paper followed by a Case study on ROI implementation especially a PSU, itself is a proof that few companies have started implementing the ROI methodology.
The judge belonged to Finance area. Though he was from finance, he judging a HR paper presentation. It is likely that he may not have heard of Kirkpatrick or Phillips ROI model. I wanted to ask the judge to share any data or any research he might have done in the ROI area in HR.
In the Mumbai University Management Syllabus, Kirkpatrick's model is covered in short. However, the application and case studies with respect to Indian scenario is not available. This itself shows the gaps that may exist in the academic research and ROI.
However, researchers belonging to the HR fraternity appreciated my presenting a ROI related paper and wanted to know more. Infact few even requested to take lectures to their students in the ROI area.
Do we calculate ROI on such conferences or is it just a another networking event is what the readers can answer?
Few industry stalwarts claim that such models are just a fad and donot work practically. I tell them the same thing was felt when Balanced Score Card or PCMM model entered the market. It took India ages to accept and make such models work.
It is high time that HR professionals come out of their closet and accept challenge to implement the ROI Process in their companies.
With Gratitude
Sonali
www.exponentialadvisory.co.in
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