News story
Kuwait Petroleum Company engages with The ROI Academy to measure the value of its BTEC training programme
Henley on Thames, UKLearning NewsThe ROI Academy
The Petroleum Training Centre (PTC), the training division of the Kuwait Petroleum Company wanted to measure the alignment and value of its BTEC programme which it delivers to all new employees. As the BTEC is an academic qualification providing essential skills that are applied over a working life, it makes measurement more challenging. Therefore, PTC consulted and engaged with The ROI Academy, the UK's leading organisation in this field.
The ROI Academy™ used two of its proprietary tools and associated methodology - the Line of Sight Wizard™ and Performance Pound™ - to conduct the evaluation. Working with the training centre team to gather data from previous BTEC programmes, this data, along with a cost analysis, was fed into an ROI model linking improvement in core working skills to employee productivity.
Result: The model calculated and measured the average time taken for the business to earn a payback on its investment in the BTEC programme and the return in monetary terms from the programme over a 3 year period. By using the tools, PTC can "flex" the delivery of the BTEC programme to maximise its value to the business.