How can companies measure the ROI of their intercultural competency training programs in terms of customer retention and overall business growth in an increasingly diverse global market?
Companies can measure the ROI of their intercultural competency training programs by tracking customer retention rates before and after the training to see if there is an improvement. They can also analyze customer feedback and satisfaction scores to see if there is a correlation between the training and positive customer experiences. Additionally, companies can track sales growth in diverse markets where the training has been implemented to see if there is a direct impact on overall business growth. Overall, measuring the success of intercultural competency training programs in terms of customer retention and business growth requires a combination of quantitative data analysis and qualitative feedback from both customers and employees.
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