|
 |
 |
 |
 |
 |
 |
 |
|
 |

Training Metric and Measurement Case Studies /
Client Case Study (3)
Case Study: Measuring a Training Pilot
How We Measured a Pilot Training Program to Determine it's Value with a Fortune 500 Company
"Should we invest in this program nationwide?" they asked.
To help decide, this client selected three cities in which to pilot a negotiation skills training program. The idea was to train half the total population in each city, then make comparisons between the trained and untrained groups. Thanks to the clear results show by this measurement, a $500,000+ initiative was launched in over a dozen U.S. cities with spectacular results.
Executive Summary
- Business Goals: increase the volume
of unit sold without sacrificing margins, improve strength of customer
relationships, grow revenue per
rep
- Performance Challenges: multiple new competitors had
entered the market,
lack of distinct value, frequent
RFPs - Improvements in volume, revenue, and margin
- 62.3% increase in monthly volume
(see Graph 1)
- 27.8% increase in monthly revenue
(see Graph 2)
- 2x the increase in margin
(see Graph 3)
- Significant improvements in strength
of customer relationships pre/post the training -
Marked improvements in the skills and strategies used in
sales negotiations
|
 Graph
1: Volume - Pre/Post Pilot |
|
 Graph
2: Revenue - Pre/Post Pilot |
Approach
We conducted a Impact Metric™
analysis to quantify the
effects of the pilot program when compared to three similar control groups.
-
Key measures: monthly revenue, volume (units
sold), and margin (discounting allowance)
-
Training: a two-day negotiation skills
training program from a leading supplier
-
Time frame: 3-5 months pre-training and
4-6 months post-training, depending on the group
-
Population: three control groups and three
trained groups were randomly selected and compared over the
same time frames, in the same markets, against the same
competitors, selling the same products
|
 Graph
3: Margin - Pre/Post Pilot |
View additional
Measurement Case Studies.
If you would like to learn how our training measurement expertise has helped leading organizations across multiple industries quantify the impact of training and development, please
contact us.
|
|
 |
|
| |
|
|
 |
 |
 |
LSA Global | 3333 Bowers
Avenue, Suite #253 |
Santa Clara, CA 95054 | Toll
Free: 800-889-6452 | Local: 408-727-2332 |
contact us
sitemap
Copyright © 2009 Learning Alliance
Corporation DBA LSA Global All Rights Reserved. All copyrights,
trademarks, service marks and product names presented
in this web site
are copyrights, trademarks, service marks, or registered trademarks of
LSA Global or its Partners.
Privacy Statement |
|
|
 |
 |
|
|