Home / Product / Business Impact

Business Impact

Proving the impact of training programs can be a time-consuming challenge that often ends up low on IT’s priority list. With Schoox’s Business Impact module, L&D teams can easily correlate company key performance indicators (KPIs) with your training metrics without the need for a separate BI tool. Go beyond basic compliance data and deliver tangible insights connected to overall business objectives to stakeholders and executives.

Learning Engagement
Content Curation
Social Collaboration
Goals and Performance
Career Development
Business Impact

Easily Import KPI Data

  • Define and manage different types of KPIs like revenue summaries, customer satisfaction averages, and so much more
  • Easily import KPI data via Excel files or integrate with any third-party system
  • Add your KPI values at the organizational level, course/curriculum level, employee level, or all of the above

Measure the Business Impact of Training

  • Select a correlation method to measure the relation and dependency between training and business performance in different areas like sales, customer satisfaction, product expertise, and more
  • Explore training performance thresholds and set target performance-level benchmarks
  • Investigate how long it takes after training to see the impact and expected results in respective business areas

Neutralize Your KPIs from Usual Trends

  • Add seasonal trends alongside your various KPIs to get more objective dependency results between your training and business KPIs
  • The system neutralizes your KPIs from seasonal trends before calculating any correlation

Impact of Ongoing vs. Seasonal Training

  • Distinguish between ongoing training and seasonal training initiatives
  • Explore the impact of ongoing training and how this impacts your business as you change and adjust your training programs
  • Explore how your seasonal training activities impact your business and the timeframe for expected results

Explore Dependency between Business Areas

  • Compare business performance results between two or more units, regions, business areas, sales teams, stores, and other areas
  • Correlate various business KPIs and explore the impact of training on one business area
  • Investigate if customer satisfaction impacts customer upselling

Evaluate Organizational Knowledge

  • Gain visibility into the depth of your organization’s knowledge
  • Track the depth of knowledge in any part of the organization, or measure it for a particular subject, course, or curriculum
  • See how the collective knowledge impacts your business KPIs
  • Correlate your employees’ knowledge against skill strengths in their job