Discuss the elements of evaluation and why they are important. Also, discuss the return on investment (ROI) for the organizations. Is training worth the cost? You may include your personal experiences in your response.
Evaluation, according to Trochim (2006), is the systematic acquisition and assessment of information to provide useful feedback about some object.
That object may include the overall performance of an organization. The result of the evaluation process is a good management tool. It answers a lot of questions in the organization: Why are we not achieving the sales target? Why the organization lags behind other organizations? What needs to be done? What intervention scheme may be implemented to achieve the mission and vision of the organization?
Return on investment (ROI) gives the organization an ...
This solution is about the benefits of evaluation. The rationale of ROI for all organizations is also discussed.