Why Calculate ROI?

There are two specific reasons for calculating ROI. First, with limited time and resources, it just makes sense that a business should at least make an attempt to calculate ROI and ROE. It is good to be enthused about business development but we also need to be cautious.

First law of ROI: As enthusiasm for a training program increases - common sense business practices decreases.

Secondly, the correct metrics need to be evaluated. Ultimately, the results should appear as increased revenue and net income. However, because it is easy to be vague about anticipated returns or claim that tracking progress will be expensive, many professionals eliminate the process. Without the process of calculating or observing results there will be no reason to continue practicing new methods. Time, money and energy are wasted. Perhaps the real tragedy is that people will not engage themselves in any future development.

Proven Strategies is different.  Mike Nordbye is not a typical consultant.  

When you put Proven Strategies to work for your company, you're bringing on board someone who is as dedicated to your company's success as you are.   In fact, don't call him a consultant. You will soon see him performing acting as your trusted advisor and confidante. 

When Mike Nordbye works with people, either one on one or in companies, he acts in a supportive role creating a helping relationship many people have not experienced.

Real measurement begins by setting real, measurable goals. 

Mike Nordbye will not only help you set these real, measurable goals, he'll also be there to help illuminate new opportunities along the way. The correct metrics will be established on a path leading to and showing up on the bottom line. 

For example, it's commonly accepted that you can't pay people to care. That's a basic motivation practice or theory that was proven over 30 years ago.  Yet today, most companies are still providing pay and incentives as if it will make a difference and yet we continue to reinforce this misconception.  This practice only keeps people from "not being dissatisfied". Real motivation is created when people are allowed to use their abilities and innate gifts in an environment that enables them to do rewarding good work and feel good about themselves.

Creating an environment where people feel good about their contribution will make a measurable difference and Mike Nordbye will help create, track and measure those improvements. Our Parallel Method for tracking qualitative and quantitative activity is just one of unique systems that make a difference for our clients.

Hint: Remember, that one company’s success does not constitute a best practice for all organizations. Furthermore, just because it can’t be measured does not mean that it does not exist.

Human capital originated with Theodore Schultz who won the Nobel Prize in 1979. If you’re not sure if investing in development is sound, perhaps his work on qualitative economics would provide assurances.

Contact Proven Strategies to put Mike Nordbye to work for you today.