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March 2006
 
 
TrainUtopia's Newsletter
Training News You Can Use!

  

Happy St. Patrick's Day! I've always wondered why we wear green on the 17th, so I thought I would share some tidbits I found about the most celebrated day of March!

Legend has it that St. Patrick would use the shamrock to explain the Trinity - Father, Son and Holy Spirit. The word "shamrock" comes from the Gaelic word "seamrog" (In irish, it means "summer plant") meaning "trefoil" (three leafed) or "little clover". The shamrock is the national flower of Ireland. Many Irish people wear a shamrock on St. Patrick's Day. This explains the color green and shamrocks on St. Patrick's Day. AND, if you do not wear green on St. Patrick's Day, you will get pinched!!

Another way to not get pinched is to show how valuable you are to your organization. Often, we assume others know the difference we make - but we are not always able to quantify that difference. This issue of our newletter is about metrics and measurement. Get your calculator or spreadsheet ready, because we're going make them sing your praises!


Shannon Martin

  

Worth Quoting
G.B Shaw
Some men see things as they are and ask why. Others dream things that never were and ask why not.

  

Capture the Right Metrics
By Chris Moore
When it comes to gauging achievement, we should all take heed of the marketing slogan of Morgan Stanley: “We measure success, one investor at a time.”

To Morgan Stanley, measuring success means understanding the individual goals of the investor and ensuring that all efforts are made to provide the knowledge, resources and environment to lead each investor to his or her goals. Furthermore, periodic monitoring of key measurements like portfolio diversification, net gains and losses, as well as mentoring and reevaluation keep goals on track and realign activities to new goals when needed. Can a similar model be employed to measure the success of workforce and performance initiatives?

  

The Exemplary Performer
By Harold Stolovitch
“How do I get top performance from my people?” This is a reasonable question, but watch out for the barrage of enthusiastic responses. I could hose down this page with miracle solutions, but the probability of any one of these miracle cures having a persistent, powerful impact on building and sustaining top performance over time is doubtful. If life were that simple, we would all be basking in the glow of overwhelming success.

  

Are You Measuring the Right Things?
By Richard Y. Chang, Ph.D.
There is a saying in business: What gets measured gets done. Organizations that effectively manage their measures achieve superior results. In all sectors, leaders use measures to drive organizational improvement and outperform their competitors. However, just defining top-level measures is not enough. Organizations must align and cascade measures at all operational levels.

  

Spotlight on Solutions
Measuring Success: Turning Performance into Dollars
Do you value training in your organization? Do you believe it strengthens the organization and serves as a retention tool? Are you under increased pressure to justify expenses, or are you looking for ways to show improved bottom-line results?

Organizations rarely recognize that areas such as changing management styles, reducing bureaucracy, or revamping their training curriculum are a means to increase profitability. If you are not clear on how to measure the impact of training on the bottom line, attend this seminar and learn how.

During this information packed breakfast seminar, we’ll show you the most effective way to calculate the dollar value of training, or any type of organizational change you care to assess.

Along with breakfast, you will walk away with:

  • Clear methods for gathering internal information
  • Guidelines for establishing effective metrics
  • An easy formula for converting human behavior into tangible dollars
  • phone: 512-423-5416

    If you would like to measure and improve your business, contact us today!