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KnowledgeAdvisors Presents Landmark Approach to Reporting Talent and Development Metrics

Developed by an industry council, principles mirror accounting methods to get bottom-line data in front of decision-makers
By :: Tue, 19 Apr 2011 17:32:51 -0400 EDT

learning measurement softwareCHICAGO, Ill., April 19 (SEND2PRESS NEWSWIRE) — KnowledgeAdvisors, a provider of learning measurement software that improves the effectiveness and business impact of learning, today announced the release of its new white paper, “Talent Development Reporting Principles: Proving Value with Consistent, Clear and Uniform Reports,” available for immediate complimentary download.

After nearly a year of research, dialogue, guidance and consensus, a grass-roots group of the nation’s most influential leaders in learning and development analytics has taken a significant step toward creating a comprehensive, uniform and consistent method for reporting talent development measurements.

In its new paper, “Talent Development Reporting Principles: Proving Value with Consistent, Clear and Uniform Reports,” KnowledgeAdvisors:

* Engagingly explains the background of the project and introduces the industry influencers who participated.

* Makes a clear case for having reporting principles that executives can use to make informed budget and program decisions about talent development and learning.

* Gives an overview of the reporting principles and four key recommendations from the council:
1. Adopt a set of seven guiding principles;
2. Adopt standard definitions and measures;
3. Adopt three reporting statements;
4. Adopt three executive reports.

* Provides insight into the first recommendation and outlines the seven guiding principles.

Following papers will expand on the next three recommendations to be adopted, with explanations and examples.

“It is simply not acceptable to continue to assume – and report – that the value of an organization’s learning and development programs is merely equal to their average cost,” said Kent Barnett, CEO of KnowledgeAdvisors, a leading provider of learning measurement software and catalyst for the collaborative project to develop reporting principles.

“Without common, standardized ways of linking data and presenting it to executives, talent development will find itself left behind in the battle for budget dollars,” Barnett said. “This is on the forefront of talent development today.”

The council that adopted the groundbreaking guidelines includes five of the seven Chief Learning Officers of the Year as recognized by Chief Learning magazine.

To learn more about how leaders in talent and development analytics are working to ensure that consistent, quantifiable and meaningful metrics are presented to executives, download the complimentary KnowledgeAdvisors white paper, “Talent Development Reporting Principles: Proving Value with Consistent, Clear and Uniform Reports.”

About KnowledgeAdvisors:
For organizations that utilize learning and development to drive business outcomes, KnowledgeAdvisors offers learning measurement software that improves the effectiveness and business impact of learning. Unlike the standard reporting and dashboard features included in most learning and talent management software, we combine data from multiple enterprise systems with information collected through evaluations and assessments to paint a complete picture of learning and business performance. KnowledgeAdvisors can even benchmark your learning programs against other organizations. Headquartered in Chicago and on the web at http://KnowledgeAdvisors.com .

News Source: KnowledgeAdvisors :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

More Information:

For organizations that utilize learning and development to drive business outcomes, KnowledgeAdvisors offers learning measurement software that improves the effectiveness and business impact of learning. Unlike the standard reporting and dashboard features included in most learning and talent management software, we combine data from multiple enterprise systems with information collected through evaluations and assessments to paint a complete picture of learning and business performance. KnowledgeAdvisors can even benchmark your learning programs against other organizations. We offer essential services to our clients to help them create high quality measurement practices. Best Practice: KnowledgeAdvisors is a trusted source of thought leadership for evaluating the effectiveness of critical human capital initiatives such as learning and development, employee engagement, talent acquisition, competency management, performance management and leadership. Our software exceeds industry standards for quality and elegance. Our learning measurement solutions provide valid, reliable and predictive business intelligence. And our consulting services are built on proven business models such as six-sigma and continuous improvement. Cloud Computing: Metrics that Matter®, our flagship software solution for human capital process evaluation, utilizes a “cloud-based architecture” to enable easy implementation and integration with other enterprise software systems (including LMS, HRIS, Integrated Talent Management Suites, CRM, ERP and more). Integrated Reporting, Business Intelligence and Analytics: Metrics that Matter® integrates data from multiple enterprise systems (including LMS, HRIS, Integrated Talent Management Suites, CRM, ERP and more) with information collected through evaluations and assessments to paint a complete picture of learning, talent and business performance. Analysis is rendered through automated dashboards, scorecards and detailed reports that can be customized for every role in your organization from executives to front-line managers. Informal and Social Learning Measurement: Metrics that Matter® reaches beyond formal learning programs and learning management systems to measure learning effectiveness in informal and social learning environments. Benchmarking: Metrics that Matter® includes a benchmark database with over 750 million external data points and 100 standard reports. Benchmark data can be sliced by industry, course type, job function and more; providing learning & development experts with the opportunity to compare learning effectiveness against external averages. To understand who we are, KnowledgeAdvisors has put together an educational podcast series. Click Educational Podcast to subscribe today. Our clients represent many of the world’s leading organizations, including four of the five largest accounting firms, three of the last five winners of Training’s Top 125 Award, the world’s largest company, and the most prestigious US Defense Department University. Our clients know that working with KnowledgeAdvisors helps them to achieve the highest-performing workforce. MEDIA CONTACT: Eric Bush, Director of Marketing KnowledgeAdvisors +1-312-676-4416 ebush @ knowledgeadvisors.com

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