Landmark Talent Development Reporting Principles Mirror Accounting Methods
“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,” states Kent Barnett, CEO of KnowledgeAdvisors.
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:
- Adopt a set of seven guiding principles
- Adopt standard definitions and measures
- Adopt three reporting statements
- 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.
To learn more about the crucial need for reporting guidelines in talent development and how that challenge is being met, complete the short form below and download your paper immediately.
