File:Return on investment for the United States Navy's Training with Industry program (IA returnoninvestme1094555596).pdf
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Summary[edit]
Return on investment for the United States Navy's Training with Industry program ( ) | ||
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Title |
Return on investment for the United States Navy's Training with Industry program |
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Publisher |
Monterey, California: Naval Postgraduate School |
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Description |
Annually, the United States Navy's Supply Corps selects four officers to participate in its Training with Industry (TWI) program. This program takes the selected officers out of traditional Navy Supply Corps billets and sends them to work with one of four Fortune 500 companies, ExxonMobil, Starbucks, The Home Depot, or FedEx. Lessons learned from these companies and their best business practices are to be brought back to the fleet during a follow-on three-year utilization tour after the TWI program. To develop an ROI metric for Naval Supply Systems Command (NAVSUP) to apply to its TWI program, this MBA project researched three ROI methodologies, the Kirkpatrick model, Schmidt's seven steps model, and Phillips' five-level ROI framework. Combining elements of the three methodologies, an adaptable metric was developed for NAVSUP. The net benefit of the program divided by the program costs results in an ROI of 88%. Additional intangible benefits obtained include meeting capability gaps, meeting NAVSUP's objectives, and increasing the professional value of the Supply Corps officers. It is recommended that NAVSUP adjust its utilization of the officer to maximize the benefit, use the forms developed to improve data collection, and assign participants additional qualification designations (AQDs) upon TWI program completion. Subjects: return on investment; training with industry; ROI methodology |
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Language | English | |
Publication date | June 2017 | |
Current location |
IA Collections: navalpostgraduateschoollibrary; fedlink |
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Accession number |
returnoninvestme1094555596 |
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Permission (Reusing this file) |
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States. |
Licensing[edit]
Public domainPublic domainfalsefalse |
This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code.
Note: This only applies to original works of the Federal Government and not to the work of any individual U.S. state, territory, commonwealth, county, municipality, or any other subdivision. This template also does not apply to postage stamp designs published by the United States Postal Service since 1978. (See § 313.6(C)(1) of Compendium of U.S. Copyright Office Practices). It also does not apply to certain US coins; see The US Mint Terms of Use.
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This file has been identified as being free of known restrictions under copyright law, including all related and neighboring rights. |
https://creativecommons.org/publicdomain/mark/1.0/PDMCreative Commons Public Domain Mark 1.0falsefalse
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current | 09:59, 24 July 2020 | 1,275 × 1,650, 122 pages (1.65 MB) | Fæ (talk | contribs) | FEDLINK - United States Federal Collection returnoninvestme1094555596 (User talk:Fæ/IA books#Fork8) (batch 1993-2020 #26720) |
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Short title | Return on investment for the United States Navy's Training with Industry program |
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Author | Flynn, Melissa S., Souksavatdy, Amphay |
Software used | Flynn, Melissa S., Souksavatdy, Amphay |
Conversion program | Adobe PDF Library 11.0 |
Encrypted | no |
Page size |
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Version of PDF format | 1.4 |