Measuring Training Return on Investment

Measure the value of training

When we set the course to take mLevel from a framework to a product we had a goal. Not just to make it easy to include gamification. Or to make creation of training content much faster. Or to make learning much more engaging. (We did those things.) No, we dreamed of the day when we could help corporations truly measure the return on investment of their training. I am proud to say today is that day.

You see, our journey started in late 2012 when we chose to make mLevel the first completely data driven training platform. Our thought was simple – every other unit of the business focuses on performance – what would it take to let L&D join the fray? It wasn’t as simple as just providing access to data. They needed more. “More of what?” was the question and how was mLevel going to make our client’s lives easier?

Introducing Performance Metrics for Learning

Today, we launched our latest version of analytics, for the first time powered by Microsoft’s PowerBI. The goal with this release was twofold: The first is to allow our clients to easily visualize and manipulate all learning data generated within the mLevel platform. Platform users now have the capability to access company, group, or individual learner performance. This goes far beyond who participated, what was their final score, and when they did it. And analytics are baked in – users do not need to know xAPI or any other programming language to make this happen, they simply need to tag the data or build a content grid (which only requires typing as a skill).

The second, and, personally, the one I am most excited about, is the ability to import data from any 3rd party source to build an ROI story, consolidated learning journey, or measure the impact of training on any business metric. All of these goals can be presented in a visual experience which speaks to both a data scientist and a novice. Yes, today we can now accept SCORM & xAPI data so you no longer need that LRS. We can additionally integrate Salesforce & Dynamics data to help match learning gaps towards performance goals and drive real-time coaching conversations with your sales and service teams. We can leverage Workday, Taleo, and SuccessFactors API’s to provide a correlation between your new hire orientation investment and your talent management strategy.

The possibilities are endless and we at mLevel are committed to exploring and uncovering all the ways we can partner together to help your business reach their goals by combing training data with your performance systems across the organizations. So, in summary, yes, I am excited about what is possible, and I am hoping you are as well as we break new ground together!