Assignment: Successful ROI Estimation
Assignment: Successful ROI Estimation
Each of these articles contributes to the body of literature demonstrating the value of professional development activ- ities through economic impact evaluations. Through increasing awareness of the financial side of education, the authors pointed out the role education plays, which is beneficial to both patients and healthcare organizations by
n reducing central line-associated bloodstream infectionsVboth infection rates and saving lives;
n decreasing length of stay; n preventing pressure injuries; n improving staff confidence in high-risk, low-volume procedures, that is, peritoneal dialysis; and
n decreasing surgical site infections. As nurses, our focus is on improving the well-being
and comfort of our patients, including decreasing patient length of stay, decreasing risk of infections, and preventing pressure ulcers. AsNPDpractitioners, calculating the finan- cial impact of educational interventions bymeasuring the outcomes can change the perspective of organizational leaders toward education from one of activities to meaning- ful accomplishments with great benefit to the organization.
HIGHLIGHTS FROM ARTICLES NOT INCLUDED IN SYNTHESIS Through review of the literature, five additional articles revealed benefits to the effort to demonstrate the economic value of NPD activities but did not have all the information needed for inclusion in the synthesis. Spetz, Brown, Aydin, and Donaldson (2013) studied implementing nursing ap- proaches to prevent hospital-acquired pressure ulcers. The authors’ conclusion was that surveillance and preven- tion of hospital-acquired pressure ulcers can be cost-saving
and should be considered a strategy by nurse executives as demonstrated by a net savings of $127.51 per patient. This study did not provide information on costs for personnel training, except in the fixed costs, so it was excluded from synthesis.
Curado and Teixeira (2014) used the Kirkpatrick levels model to evaluate training programs in a small logistics company. The authors estimated the fifth level of the modelVROI by reviewing (a) performance reports, (b) attained objectives, (c) service and productivity levels, (d) quality audits, and (e) accounting data. The training programs addressing work quality and conditions had above average returns, and the program on corporate so- cial responsibility producedbelow average results. Barriers to successful ROI estimation were reported as lack of qual- ification to calculate personnel time and financial resources consumed. Curado and Teixeira discussed the long-term challenge of human resource managers to pragmatically obtain accurate data to calculate learning benefits as sty- mied until Phillips and Phillips (2009) and Noe (2010) added ROI to the fifth level of Kirkpatrick’s model.
You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.
Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.
Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.
The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.
