This paper provides an account of the management strategies and processes that TAFE institutes use to evaluate their performance.
Innovative companies in emerging industries have diverse and important training needs. This study examines the training requirements of emerging industries and the role Australia's vocational education and training (VET) sector plays to develop further employees' skills and knowledge. As innovative companies often operate at the leading edge of their technological fields, the training they require is highly specialised and sometimes unique. While the VET sector already provides customised training for employers, there are opportunities for the sector to advance the currency of its knowledge, develop programs to deliver special training, and extend the expertise and knowledge of its teachers.
This book provides an overview of approaches to assessing returns on investment in training. It also introduces readers to practical strategies for calculating these returns.