Book chapter 2023

Exploring the cost-benefit factors, technological advancements, and cybersecurity impacts: Analyzing ROI

Applied Research Approaches to Technology, Healthcare, and Business
Journal · pp. 286-304
Abstract

Online education is continuously evolving to enhance learning and reduce costs. In today's fast-paced world, technology is a driving force in education and business, making it crucial to understand the costsaving benefits and efficiencies of e-learning. This requires careful planning and investment, similar to online business enterprises. Historical data can inform future strategies, but new information and process improvements are necessary to remain competitive. Aligning training with business objectives and evaluating business results are critical for success. Investing in online training benefits both learners and training professionals. Organizational learning capabilities can be tied to business values, and practitioners can learn about the key components needed to calculate ROI in a technology-driven 21st century. This chapter explores the importance of aligning ROI with training, business objectives, evaluating business results, and investing in online training. © 2023 by IGI Global. All rights reserved.

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Author Affiliations
Capitol Technology University, Laurel, MD, United States
Florida State University, Tallahassee, FL, United States
Funding & Acknowledgements
No funding information
References 10 References
1 Computers in Human Behavior, (2021)
2 Journal of Business Research, (2021)
3 IEEE Access Practical Innovations Open Solutions, (2021)
4 Measuring the Roi of Learning and Development, (2019)
5 Measuring the Success of Virtual Training Roi and Beyond, (2021)
6 Importance of Training and Development in the Workplace
7 Journal of Applied Research in Higher Education, (2019)
8 Encyclopedia of Information Science and Technology, (2019)
9 Journal of Applied Research in Higher Education, (2018)
10 Educause Review, (2019)
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