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Measuring Return on Investment for Professional Development Activities: Literature Update and the Ongoing Challenge
Abstract:
How do you articulate the value of professional development (PD) activities? In addition to reporting the number of learners, frequency of offerings, and unique courses offered, are you correlating education to outcomes (patient or employee)? Are you capturing the cost of implementing learning activities or initiatives to demonstrate the need for resources dedicated to PD? If you answered "no," then you are missing measurement of the economic impact of PD essential for resource decision-making.
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