Before starting any program, it is necessary to set clear metrics of success. Since you need financial metrics, find a consultant in the field of finance who can help you make your metrics realistic.
2. Linking strategic functions
Strategic functions within the company must be linked to its business strategy. Only then you can compare the money invested with the value brought to your business.
3. Regular reviews
You have to follow the trends in the movement of employees within the company. The amount of time and money needed for the program's review should be a part of the planning phase already.
4. Programs tailored for specific groups of employees
Your programs must be relevant for individual employee groups so that you can measure progress in different parts of the company.
What metrics do you use to measure the investments in talent management in your company?
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Article source Training Journal - practical content to assist anyone involved in workplace L&D