What is a PNL? Business Metrics for Learning Professionals

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Koreen Pagano Director, Product Management, lynda.com at LinkedIn Author of Immersive Learning @koreenpagano Tweet today’s session #SU310 #ATD2015 http://learningintandem.com What’s a PNL? Business Metrics for Learning Professionals

Transcript of What is a PNL? Business Metrics for Learning Professionals

Koreen PaganoDirector, Product Management, lynda.com at LinkedInAuthor of Immersive Learning@koreenpagano Tweet today’s session #SU310 #ATD2015http://learningintandem.com

What’s a PNL?Business Metrics for Learning Professionals

ROIReturn on Investment

$ Training $$$

not

BIGdata

Return on Investment

What do you want in return?

More moneyLess cost

What’s a

PNL?

Cost

Revenue

Profitability

Metrics that DON’T matter.

Time in training.Courses completed. Passing scores. Number of attempts.

What do you value?

Fast.

Cheap.

Good.

80% common business success metrics.20% snowflake metrics.

Stakeholders.

Employees.

Customers.

Fast.

Cheap.

Good.

For each person...How do you measuresuccess?

Performance metrics. Notlearningmetrics.

Learning metrics should match business metrics.

Know what kind of snowflake you are.

Speak the language of the business (metrics that matter).