ProfitWise dissiminates ROI methodology

September 27-28, 2006. Tartu, Estonia

A new Guide for Training Consultants in e-Learning Quality and ROI Methodology has been launched at the Life Long Learning conference. The conference was held in Tartu, Estonia and was organized by the Open University of Tartu.

The Guide for Training Consultants conceives a set of guidelines for designing profitable e-learning environments. The methodology helps employers, employees and training providers to perceive the training outcomes and results in terms impact for especialy small and medium enterprises.

The Guide for Training Consultants in e-Learning Quality and ROI Methodology is part of a Leonardo da Vinci project, funded by the European Union. Read more about the State of the Art of Distance Learning and E-learning Quality for SMEs.

ELQ-SMEStateofArtshort.pdf

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HR Leadership Award for Diederick Stoel,
CEO ProfitWise

World HRD Congress 2006, Mumbai, India

ProfitWise is honored to announce that Diederick Stoel won the "HR Leadership Award". He received the award on the 3th of February 2006 at World HRD Congress in Mumbai, India.

According to Dr. Bhatia, Chairman & Managing Director of the Bank of Baroda and Chairman of the World HRD Congress, Diederick Stoel's leadership and contribution to the field of HR is well known. The position he occupies in the fraternity is strategic and iconic. As a thinker and doer Diederick Stoel is a role model and a believer in change.

ProfitWise kindly thanks the World HRD Congress for this prestiges recognition.

Holland Confers Education Award on ALFAC

Mohammed Rasooldeen, Arab News

RIYADH, 22 March 2007 - A prominent Saudi businessman received an award from Holland for his outstanding efforts in developing education and training in the Middle East.

Nicolaas Beets, ambassador of the Netherlands presented the prestigious award to Ahmad Al-Taweel, managing director of Alfaisal International Academy (ALFAC), in the presence of a large gathering at the embassy premises on Sunday. Diederick Stoel, chief executive officer of Amsterdam-based ProfitWise, sponsor of the award, was also present.

'The award is given to Al-Taweel for his outstanding services in developing education and training in the private sector in the Middle East, particularly in the Kingdom,' Beets said.

Thanking the Dutch government for bestowing a singular honor on him, Al-Taweel said: 'I am really honored by this award as it also recognizes the contributions made by my organization in bringing foreign experts to the doorstep to develop the skills of Saudi human resources.' He added that as a member of the Arabian Education and Training Group, since its inception in 2001, ALFAC has been meeting the needs of the job market in all fields of specialization. He stressed that his organization is committed to improving the performance of employees in the public and private sectors by providing them with the state-of-the-art skills. He pointed out that ALFAC is currently cooperating with numerous international organizations from countries such as Holland to help transfer technology skills to Saudi manpower.

The current national budget has allocated SR96.7 billion for education and manpower development, an increase of 11 percent over the previous year. Capital spending in this sector is seen to rise by 17 percent.

Stoel said the award is a new concept introduced by his company to encourage foreign entrepreneurs who contribute toward education and training of local manpower.' Al-Taweel has contributed a great deal toward this cause and he richly deserves this award,' he added.

Evaluating Training and Development & Measuring ROI

28 May - 4 June 2007, Mumbai, Chennai & New Dehli

Measuring the return on investment (ROI) of human resources is critical for success in today's business world and is an absolute requirement for HR professionals who are part of the senior executive team. HR managers and executives must show HR's contribution, and prove that HR policies, practices, and solutions add directly to the organisation's bottom line.

This training course has been designed to shows how to measure ROI and provides basic, step-by-step instructions to develop the ROI of HR. It addresses the critical issues in collecting, analysing, and reporting data. More important, it shows how the ROI methodology is a communication tool to strengthen the relationship with senior management as well as a process-improvement tool to enhance and improve HR's contribution.