Dr Jack Phillips, Founder and Chairman of the ROI Institute, was in Singapore this week and spoke at a breakfast briefing jointly hosted by the British Chamber of Commerce Singapore and the Business Evaluation Centre, the official partner of the ROI Institute.
Dr Phillips is a world-renowned expert on accountability, measurement and evaluation.
He explained to the audience how business impact and Return On Investment (ROI) may be credibly measured for internal projects, programmes and initiatives.
This is particularly suited to certain functions within an organisation:
-Learning and Development
These are departments that provide essential services to an organisation yet are often unable to derive and explain their benefits quantitatively in terms of business impact and dollars and cents.