Here are the key components to think about in planning for your learning scorecard.
1. Draft learning objectives
As the head of training, it’s important to discuss with the other C-suite managers what they hope to gain from training. Basically, what does each department want their employees to learn and know. For example, for a sales director, does he or she need their team trained in a certain sales tool that the industry leaders are now using to gain customers? Or is the head of marketing starting a collateral redesign and needs employees trained in a certain design software?
Remember to keep these objective high level and each objective should be tied to an overall goal for the company. Aim for at least two or three objectives that help solve for each company goal.
2. Refine learning objectives
After receiving these learning objectives, it’s time to further refine these. Sometimes it’s difficult for each department to pinpoint their learning and development needs. It’s your job to help define these so the end result is beneficial for the department, company, and the employees. By asking these questions to each department, you can better tailor each learning objective.
- What is the current level of competency or skill, knowledge, and values (SKV) of your employees?
- What is your expected level of SKV for each of your employees to perform their jobs at the level needed?
3. Learning method for employees
Once you have your learning objectives created, the next step is implementing these. Each employee learns differently. Some employees may have more knowledge of a subject over their peers. And some employees may pick up a new skill faster than others. So it’s important to choose several methods to implement this training.
It’s also important to survey employees to find out what they hope to gain from this new training initiative. Are they looking to advance within the company? Do they want to build out a certain skill set? Do they see themselves moving departments in the future? Basically, how is this training fulfilling them.
4. Grouping employees to be trained
In order to simplify your training process, define a system for assessing each employee prior to training. You could use a simple point system to apply to each employee. Score them on their current skill set. Once you compare apples to apples you can begin to put each employee into the proper training program.
Once you have planned what will go into your learning scorecard, the next phase is how do you structure your thoughts in a comprehensive way so that your entire organization can understand your direction. In order to do this, you want to tie your objectives together in a visual way. The best way to do this is by creating a strategy map.
1. Add learning and training objectives to the strategy map
A strategy map is a diagram that shows your company’s strategy on a single page. This visual will show all employees how their job and their personal development help achieve the overall company goals. It should be divided into four sections that we mentioned above, financial, customer, internal business process, and learning and growth.
So to begin, take each of your learning and development objectives and place these under the learning and growth section of your strategy map. Also, make sure you coordinate with the other department heads so that your learning objectives are compatible with those for the other three sections: financial, customer and internal business process. Remember you don’t want to overcomplicate this process, so don’t use more than 20 or so objectives.
2. Connecting learning objectives across departments
After you have added your learning objectives to your strategy map under the learning and growth section and the other three areas are also filled out, you need to connect objectives together. This will ensure that your learning and training objectives align with the other objectives for the company. Then draw circles around each objective on your map. Next draw arrows to connect your training and learning initiatives to the other three areas of your map.
Here is an example of how the learning scorecard impacts an entire strategy map:
- Train sales team in new CRM (learning and growth) → Increase knowledge of current customers (internal business process) → improve personalized customer experience (customer) → increase profit on current customer base (financial)
As you can see, training impacts employees which impacts customer knowledge which impacts customer satisfaction, which then translates into profit. Charting your objectives in this way shows how your training objectives touch various departments and then become measurable into dollars.
Since 80 percent of organizations using a learning scorecard reported improvements in operating performance, this is a great tool to analyze your level of success in your training initiatives. So how do you take your strategy map and test that your objectives are working? There are several ways you can analyze your results. Here are a few different ways:
- Color code your objectives
A very simple solution is to color-code your objectives red, yellow or green based on how you see these objectives being carried out. This is an easy way for the organization to see which objectives need to be worked on and where others are excelling.
Another method is to attach measures into the map under each objective. So for example, your objective is to train developers on a new software program. Your measure maybe for every employee to be certified by year-end in this new program.
If you have a more complex company structure or you need more detail, you can add subheads under each of the four categories. For example, under the learning scorecard, you could have train employees, new software rollout, and new employee assessment. Then each of these subheads would have objectives underneath that would solve for that particular subhead.
Since training objectives and the other objectives you listed are meant to support your company goals, then you can add these goals directly to your strategy map. Place these goals at the top of your map. This will provide a double check to make sure you are solving for these goals.
How do I create a learning scorecard?
Now that you know the process of creating a learning scorecard, how do you create one electronically? There are several templates online, software to buy or if you are just starting out, you can use a program like Excel, Google Sheets or even Powerpoint. As we mentioned before, there are several ways to customize the strategy map to fit your company’s needs. But here are the key elements needed to create one.
As we mentioned before, each objective should be listed under one of the four categories, learning, and growth, internal business process, customer of financial. Here are the other elements to think about in terms of your objectives:
- Who is responsible for the success of each objective? Assign an employee to each objective.
- How do you plan to achieve each objective?
- When should these objectives be completed? Add start and end dates to each one.
Once you have added your objectives, it’s time to add in your tactics. These tactics should be able to answer the question above: how do we achieve our objectives? These tactics should be written in a way that they can be measured and analyzed. Plus, if some are complex, it’s a good idea to add milestones in between the start and end dates. That way, these tactics can be broken down into smaller sections.
Next, add in measures to each tactic. This will help you determine if you met each objective. Make sure these measures are tangible so that they are easy to measure. Use numbers, percentages, and increments of time like quarters to help track success or needing improvement.
Becoming an expert in learning scorecards
We’ve covered the basics of why you need a learning scorecard, how to create one, and what to analyze from your objectives. However, if you want to learn more and become an expert, there are several places to become learning scorecard accredited. The Performance Management Group LLC offers training and certificate programs. They have trained over 6,000 people in over 80 countries. So it’s a great idea to become learning scorecard accredited to deepen your knowledge. And after a little practice, you’ll be able to execute a success learning scorecard that achieves company goals and adds to the profit margin.