One of the biggest challenges facing eLearning professionals today is convincing leadership that it makes good business sense to implement an eLearning program. The corporate decision makers are often gun-shy of eLearning because they feel that can’t effectively measure its success (of course, we know this not to be true).
Undoubtedly, someone in the room will ask how to measure the ROI of an eLearning implementation. ROI can mean a lot of things, but to company decision makers, it is their way of asking: “how much money will we this make/save the company?”
Knowing you will likely face these questions ahead of time, it is probably in your best interest to download this free eLearning ROI calculator [Microsoft Excel Format] created by the good people at Interact Medical. Simply fill out the necessary fields and PRESTO! You have a numeric value you can give to leadership regarding ROI for their eLearning implementation.