ROI: What Is It, How Is It Calculated, How Should It be Used, and What Are the Dangers?

  • 19 Nov 2014
  • 11:30 AM - 1:00 PM
  • Collindale Golf Course CB&Potts, 1441 E. Horsetooth Rd, Ft. Collins, CO

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ROI: What Is It, How Is It Calculated, How Should It be Used, and What Are the Dangers?


Join Dave Vance, former CLO for Caterpillar Inc, to learn about ROI, one of the most controversial and misused concepts in our profession. In fact, few other topics in our field evoke such heartfelt emotion. Dave will define ROI and discuss its evolution, including its misuses. We will explore how it can be calculated in theory and in the real world, and how (and when) it should be used. Dave will share examples from his experience at Caterpillar where they used ROI. Expect to have some fun with this topic!


After attending this presentation participants will be able to…

 

1. Define ROI and how it is calculated.

 

2. Understand the contribution Jack Phillips made when he introduced ROI as level 5 in 1983.

 

3. Understand how it should be used, and the dangers of using it incorrectly.

Date: November 19, 2014
Time: 11:30 am - 1:00 pm

Location: Collindale Golf Course CB&Potts, 1441 E. Horsetooth Rd, Fort Collins, CO
Costs: $15 NRC Members and Partners/ $25 Nonmembers
 

 


Speakers Bio 

  

David Vance is Executive Director of the Center for Talent Reporting and co-author of the Talent Development Reporting Principles (TDRp). He is the former President of Caterpillar University, which he founded in 2001, and author of The Business of Learning: How to Manage Corporate Training to Improve Your Bottom Line. Dave was named 2006 Chief Learning Officer (CLO) of the Year by Chief Learning Officer magazine. Caterpillar was ranked #1 in the 2005 ATD BEST awards and named Corporate University of the Year in 2004. Prior to leading Cat U, Dave was Chief Economist and Head of the Business Intelligence Group at Caterpillar.

 

He teaches in the human capital development Ph.D. programs at Bellevue University and the University of Southern Mississippi, and he is also the Lead Independent Director for State Farm Mutual Funds. Dave served on the national ATD Board of Directors from 2005-2007 and was president of the Northern Rockies Chapter from 2008-2012.

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