AIM Press Release
14 February 2011

A recent survey by the Australian Institute of Management reveals that 79% of participants on their management development programs felt their performance had improved by 6% or more as a result of their attendance on the program.

The survey covered participants from nearly 50 programs and involved surveying people two weeks after the program and then again after six weeks post-program.

In addition to the individual performance improvement, 36% of respondents felt the performance of other people within their zone of influence had also grown by 6% or more as a result of their attendance on the program.

Such results are extraordinary when a financial measure is placed against these improvements in performance. Assuming an average salary for the participant of $70,000 and direct costs of attending a two-day program of approximately $1,000, a 6% performance improvement equates to a 290% return on investment or a return of over $5,000 to the organisation.

Calculate your own return on investment from training by going to www.aimwa.com/roicalculator

“There are many factors that influence the returns from training. Factors such as the identification of an appropriate learning need and the support of the participant’s manager when they return to work, are highly influential. Most of the factors are in the direct control to the manager and individually they can have a profound impact on the returns that come from learning and development.” Dr Shaun Ridley, Deputy Executive Director, AIMWA said.

With Australia spending approximately $3.5 billion dollars annually on training, even small improvements in the transfer of training into performance improvement can have a significant impact on both organisational and national economic performance.

For more information please contact:
Alex Quinn, Marketing Manager, AIM WA t: 9383 8088 m: 0431 091 118

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