An HPT Model with an ROI Approach
Jack Phillips, PhD, Chairman, The ROI Institute
Recorded on December 18, 2013 | Program Code: 1312-JPhillips
Is there is a need for another model within the ISPI community? The short answer is probably no. However, with the focus on ultimate accountability in a very challenging economic environment, there is a need for a performance improvement project that emphasizes results up to and including the financial ROI. This HPT model, labeled the V Model because of its presentation, was first published in 1994 and has since enjoyed significant and impressive use. To date, over 5,000 organizations are using this model to show the value of all types of projects and programs. The process starts with the ROI issue at the very beginning and ends the project with an ROI calculation. At a minimum, there's an option for ROI as the model is executed. Jack will explain how this model was developed, how it's used, and how it's making a huge difference with different types of projects.
After attending this session, participants should be able to:
- Explain the need for ROI in today's economy.
- Identify the five levels of evaluation, objectives, and needs assessment.
- Describe the different steps in the V Model with a particular example.
- Plan next steps for trying the V Model.
About the facilitator
This webinar is facilitated by Dr. Jack Phillips, Chairman of the ROI Institute. Former HR executive and bank president, Jack has developed and implemented performance improvement initiatives for over 40 years. He routinely works in over 60 countries. His work has been featured in the Wall Street Journal, Bloomberg Business Week, and Fortune Magazine. Jack has been interviewed for a variety of TV programs, including CNN. He served as ISPI's president from 2012-2013.