Description: 

To many, it may seem that calculating the ROI of a service design project is an impossible task. That’s where the ROI Methodology® comes in. The ROI Methodology provides a proven framework that when implemented provide the project or initiatives outcomes data at 5 Levels plus intangibles.  The information available at each of these levels provides valuable information on the change and impact the project or program has made.

The impact can be shown as to how the solution help the organisation make or save money or result in intangibles benefits (increased customer satisfaction, better work life balance, etc.).

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The ROI Methodology provides 12 easy steps and 12 key guiding principles which when followed showcase results which can’t be challenged.  When the conservative standards of the ROI Methodology are followed, information can be presented in a very compelling way.  Learning this technique can help you make a great argument for securing the funds, even in difficult and uncertain times. The outcome is to have Business Leaders see the design team as an indispensable resource.

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Learning Objectives: 

At the end of the program, participants will be able to

• Learn the benefits of using ROI Methodology

• Explain the five levels of evaluation and data at to be measured at each level

• Understand how to isolate the effects of your programs

• Learn the 12 guiding principles in measuring ROI

• Learn how to convert program data to money

• Learn the 12 steps in the ROI Methodology

• Calculating ROI using the ROI Methodology

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Who is it for: 

• Service designers

• Strategy team members

• Senior leaders responsible for defining the strategic objectives

• Any individual responsible for implementing an Innovation Project

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Prerequisites: None

 

Agenda:

• Overview of the ROI Methodology

• Collecting Data

• Isolating the Effects of Your Programs

• Converting Data to Money and Calculating ROI

• Putting ROI to Work

• Next Steps

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