Bringing Value to Impact Organizational Outcomes

Return on Investment

Created byDr. Andrea D. Houser

Last updated 8/2021

English

English [Auto],

What you'll learn

Examine concepts related to value in determining organizational impact.
Identify factors contributing to organizational impact.
Discuss organizational impact based on economic data.
Reflect on personal contribution to organizational impact.

Course content

1 section • 12 lectures • 47m total length

Introduction3:56
This course teaches how to unlock organizational impact by breaking silos, delivering value at all levels, and using evidence, data, and analytics to guide decision making and change.
Organizational Impact Outcomes0:26
Explore how value drives organizational impact and learn to examine concepts of value and evaluate organizational impact using economic data.
Assessment and Evaluation1:31
Use assessment and evaluation to demonstrate your contribution to the bottom line by linking personal and professional development to organizational growth and value creation.
Continued Assessment and Evaluation10:22
Explore how assessment identifies information and data, while evaluation provides critical, nonjudgmental feedback to refine processes. Learn to align measurable objectives with data-driven outcomes for organizational impact.
Project Management6:50
Assess your alignment with the company's mission, vision, and values, manage multiple projects, and develop your skills to drive value, outcomes, and return on investment through project management best practices.
Return on Investment2:50
Explore how return on investment drives organizational outcomes by conducting a needs assessment to identify gaps, develop action and implementation plans, and measure impact with data-driven evaluation.
Introduction to Evidence Based Practice2:32
Apply evidence-based practice to drive value and ROI by using benchmarking and the best available evidence from research to inform decisions with numerical data.
Utilization of Economic Data2:20
Power artificial intelligence predictions and business decisions with economic data. Explore cross-sectional, time series, and panel data structures and how data reveals market trends, consumer behavior, and cost savings.
Return on Investment2:24
Learn to calculate return on investment by weighing benefits against costs, including salaries and technology, and project ROI over 1, 3, and 5 years to justify investments.
ROI5:50
Learn the core idea of return on investment, where gain divided by base shows value and why ROI calculations vary by industry, with examples like upgrading computers and employee retention.
Economic Assessment6:03
Conduct an economic assessment as part of your return on investment strategy. Use a cost benefit analysis to quantify costs and benefits in monetary terms and justify project to leadership.
Conclusion and Wrap Up2:40
Learn strategies to bring value to your organization and life by using data-driven decisions, pursuing professional development and professional continuing education, and empowering employees to boost the bottom line.
Knowledge Check

Requirements

none

Description

This course includes the basics of how individual team members bring value to their organization. The course gives overview on assessment and evaluation, project management, using influence to produce a positive ROI, conducting business needs assessments, and introduces evidence based business practice. This course is also for those who have at-home businesses. You can use these same cutting-edge business techniques to impact your bottom line.

You can also use this information for personal development, self-help, or influencer roles. Understanding the basic concept of value will help you write a successful business plan. You can also use this information for personal development, self-help, or influencer roles. Understanding the basic concept of value will help you write a successful business plan as well.

To determine the value you bring to your organization, there is foundational facts you need to know.

Numerical data is what helps companies determine their worth. It’s what’s called, “the bottom line”.
How do you contribute to the bottom line as a singular entity in the company?
Think about what you do and ask yourself why you do what you do.
Where do you exist in the company and how are you contributing to its growth?

To answer those questions, you have to look a little deeper and ask how are you developing yourself professionally as well as personally?

Your boss is not likely going to ask you how many continuing professional education classes you are taking or if you are pursuing higher education, a college degree or a certification. Your skills and competence will show up in your job, and if your skills are lacking or deficient, those deficits will show up as well.

Companies desire to grow and to do that, leaders will expect your personal commitment, time, talent, and initiative to drive value from your desk top.

Who this course is for:

Anyone, business owners, team members, self employed, at home business owners