As Continuous Improvement practitioners, it is natural (even a passion) to always seek ways to improve ourselves and the value we drive to our colleagues and the companies for which we work. During our quest for this personal and professional development, sometimes we know precisely which areas we wish to improve our skillsets and where we need to concentrate our efforts, and sometimes we seek to satisfy a curiosity of some subject matter.
Once we decide on what we wish to learn, we need to decide on what level of knowledge and competency we wish to possess at the conclusion of our being taught and, most importantly, we need to ensure that the method we select for conveying of that knowledge and competency to us will yield those expected results. Therefore, during this evaluation process, we must always remember the following corollary; the level of effort required is directly proportional to the depth of the knowledge and competency acquired.
We must also evaluate the “Comparative Value” of the efforts and results, with Comparative Value being defined as; “the investment requirements associated with gaining the knowledge versus the benefit gained to oneself and one’s company.” [Read more]