Speaker 1: Welcome. Are you finding it difficult to track how good your training program is? Are you hearing terms like people analytics, training KPIs, learning and development metrics, but not sure how to set that up for your organization? Do you want to cut down the time you are spending in tracking training in your company? Do you want to make smart investment choices when it comes to training program or how to improve the return on investment of your training program? If you believe that optimized training programs can only be afforded by large enterprises, in this video I will provide you a five-step simple and effective process which you can use to measure and improve the training program in your company using one single Excel file. My promise to you is that after you download this Excel template, within 15 minutes you will have a streamlined simple process to track training in your company. You will cut down a lot of your data entry time, you will have instant access to 17 training KPIs and metrics, you will have amazing insights about what's working well and what's not working well in the training program, which will help you take data driven smart decisions to improve the effectiveness and the efficiency of your training program. Now let's get started. Now here's the process. Step number one, identify training needs of your organization. Work with the people managers and the employees of your company to identify the needs for training. Step number two, create the training offerings based on the needs that were discovered in the first step. This could include identifying internal trainers who can create the training material or reaching out to external trainers and scheduling the trainings. So at the end of step two, you have defined what are all the training that is needed for your company and you have scheduled them. Step number three is to encourage enrollments from your employees. Inform your employees about the available trainings and encourage them to enroll, explaining to them the benefits of the training. Step number four, recording the benefits and feedback from your employees. After the employees complete their training, reach out to them and gather information on the feedback of the training that they received as well as document quantified benefits of the training to the employee and to the company. This will allow us to calculate the return on investment later. Step number five is measuring the program's effectiveness and efficiency. We want to understand what's working well and what's not working well in the training program, understand the learnings and then implement changes to improve the effectiveness and efficiency of the program. Now let's take a deeper look at the dashboard to see what kind of metrics and what kind of insights we can get from this dashboard. First of all, it has 17 pre-calculated KPIs and metrics including cost per employee, return on investment, how many enrollments on average per training, what's the average rating and so on. All of this is available for you for any period of time. You can choose the date range of your measurement that you're interested in. It also has several filters for you to drill down to looking at these KPIs one department at a time or one location of your company at a time or even one training category at a time. The training view page allows us to get insights from a training perspective. For example, you can identify which category of trainings are most popular among employees, which mode of training is preferred by employees, whether it's online or virtual versus in-person and also you can measure them from the return on investment perspective which is more effective and efficient to the company. You can also look at the top rated trainers of the training that you have provided. You can identify which trainings have the highest ROI versus the lowest and it will help you make the right decisions about future trainings. The employees view similarly allows you to look at measurements and metrics from the employee perspective so you can identify which departments have the higher enrollment percentage, which locations have the higher cost per employee or the investment per employee. You can identify the managers who have the lowest completion rate for example. So these kind of insights allow you to find employee segments or groups where they are performing very well with the training KPIs. At the same time, you can also identify the employee segments where they are not performing well. This will help you identify the best practices within your company and then try to implement that across to all parts of the company thereby increasing the overall effectiveness and efficiency of the training program. And finally, you can also look at trends over months. So you can look at the last 12 months trend of any of the 17 KPIs and metrics that we have calculated already in the template and now see whether you are progressing in the right direction or not by looking at the trends. On top of all this, this dashboard is fully automated and you can present your senior leadership at any point of time on demand. By this way, you can gain more confidence from the senior leadership about your data-driven decision-making when it comes to the training program in your company. That is it. Very simple process with minimal data entry but rich insights about the training program in your company at your fingertips. You can download this template from Inzada.com and get everything set up within 15 minutes to take control of measuring and improving the training program in your organization. Our templates are backed by 100% satisfaction guarantee. Download now, simplify your process, save time, improve decisions. We have a dedicated support portal with a detailed step-by-step tutorial on how to use the template. If you have questions, please feel free to reach out to us at support at Inzada.com and we will respond to your email as soon as possible. Please check out our collection of HR templates. Links are provided in the video description below. I'll see you all soon in another video about another Excel template. Thank you very much for watching.