Author(s): Rachel Smith and Karl Knapp
Return on investment is a concept originated in business, but with applicability in K-12 education. This article introduces a new model called Return on Instructional Investment (ROII). ROII is based on a data-driven decision model utilizing six sigma concepts for educational improvement initiatives. ROII measures the magnitude of educational benefit and potential impact among stakeholders as the return of the investment that must be weighed against the cost to obtain these benefits. Examples of application for this model and potential for future research are discussed.