You will apply ROI to a specific organization. Training programs are expensive and the companies want to know what to expect in terms compl...

You will apply ROI to a specific organization. Training programs are expensive and the companies want to know what to expect in terms compl cost-benefit analysis. You will then make a recommendation to the organization on how to proceed with this potential training program. if the training is completed. Select an organization that you are sufficiently positioned with to get the information you need for this Assignment. It could be a company you have worked with or a nonprofit organization with which you have had some experience. It will be more difficult to complete the Assignment if you select an organization where you are an outsider, unable to gather the needed information. You will use a cost-benefit analysis as a means of determining whether or not an organization should implement a specific training program. The cost-benefit analysis will indicate the potential value of the training program under consideration. You will also identify a potential training program of value to the organization. (This could be any type of training: Employee orientation, safety, quality, customer service, operations, and sales. Take a look at Figure 1.4 on page 43 for ideas on different types of training provided by companies.) Then, a ROI if the training is completed. Select an organization that you are sufficiently positioned with to get the information you need for this Assignment. It could be a company you have worked with or a nonprofit organization with which you have had some experience. It will be more difficult to complete the Assignment if you select an organization where you are an outsider, unable to gather the needed information. You will use a cost-benefit analysis as a means of determining whether or not an organization should implement a specific training program. The cost-benefit analysis will indicate the potential value of the training program under consideration. You will also identify a potential training program of value to the organization. (This could be any type of training: Employee orientation, safety, quality, customer service, operations, and sales. Take a look at Figure 1.4 on page 43 for ideas on different types of training provided by companies.) Then, if the training is completed. Select an organization that you are sufficiently positioned with to get the information you need for this Assignment. It could be a company you have worked with or a nonprofit organization with which you have had some experience. It will be more difficult to complete the Assignment if you select an organization where you are an outsider, unable to gather the needed information. You will use a cost-benefit analysis as a means of determining whether or not an organization should implement a specific training program. The cost-benefit analysis will indicate the potential value of the training program under consideration. You will also identify a potential training program of value to the organization. (This could be any type of training: Employee orientation, safety, quality, customer service, operations, and sales. Take a look at Figure 1.4 on page 43 for ideas on different types of training provided by companies.) Then, a ROI if the training is completed. Select an organization that you are sufficiently positioned with to get the information you need for this Assignment. It could be a company you have worked with or a nonprofit organization with which you have had some experience. It will be more difficult to complete the Assignment if you select an organization where you are an outsider, unable to gather the needed information. You will use a cost-benefit analysis as a means of determining whether or not an organization should implement a specific training program. The cost-benefit analysis will indicate the potential value of the training program under consideration. You will also identify a potential training program of value to the organization. (This could be any type of training: Employee orientation, safety, quality, customer service, operations, and sales. Take a look at Figure 1.4 on page 43 for ideas on different types of training provided by companies.) Then, a ROIof

Introduction:

           Introduce the organization and the intent

Identify the Training Program:

           What potential training program will you assess?

Costs

Direct Costs (if any — if not, explain why)          

Determine the direct costs. List the direct costs, line item, calculation, and dollar figure.

Indirect Costs (if any — if not, explain why)

Determine the indirect costs. List the indirect costs, line item, calculation, and dollar figure. (Table 6.11)

Development Costs (if any — if not, explain why) 4 points

Determine the development costs. List the costs, line item, calculation, and dollar figure. (Table 6.11)

Overhead Costs (if any — if not, explain why) 4 points

Determine the overhead costs. List the overhead costs, line item, calculation, and dollar figure. (Table 6.11)

Compensation for trainees (if any — if not, explain why) 4 points

Determine trainee compensation. List the trainee compensation costs, line item, calculation, and dollar figure. (Table 6.11)

           TOTAL COSTS

Determine Benefits

Determine the benefits. List the benefits, line item, calculation, and dollar figure. (Table 6.12)

Determine the ROI   

          Show your ROI calculation. (Benefits/Costs = ROI) (Table 6.12)

           Does this potential program have value for the organization? Explain.

Conclusion   

          One paragraph summary of your main points.