From Learning to Practical Use and Visible Results: A Case in Competence Development from a Norwegian Business Firm Available to Purchase

Measuring the results of competence development on business results seems to be a complicated and almost insuperable step for many businesses. International research presents us with a huge material showing the relevance and validity of the different ways of measuring effects from competence development on organisational outcome. Yet, it seems as though the practitioner relies on an accidental positive outcome more than on a planned and guided learning process where the economic results of the training are measurable. In this case from a Norwegian business firm, I adopt a method of approach that may help organisations to develop their competence through calculating the financial return on their investments in competence development. There seems to be a great potential for higher earnings from competence investments and more reliable measurements of results if the practitioners are willing and able to use some suitable and relatively simple methods.