How Does Rocket Internet Could Use To Monitor Program Success?

One of the critical elements to implementing a successful internship program is to institute an appropriate evaluation mechanism to ensure that the program is meeting corporate objectives. Otherwise, the organisation will have no way of assessing the program’s contribution or revising the program to ensure greater success. Hence, the metrics that Rocket Internet could use in order to monitor program success are:

1) Retention:

One of the main evaluation metrics of program success is to track the retention rates of program alumni. Since the main goal (in most companies) of the intern program is to build a pipeline of future talent, it is critical to ensure that the high potentials stay around long enough within the company to be promoted to
2) Satisfaction levels:

It would be advisable for Rocket Internet to adapt a survey strategy. The organisation should survey intern program associates’, assignment supervisors/line managers and in some cases also the clients to ensure that the program is on track with meeting their needs. Based on the comprehensive feedback, this could prove to be a platform for the organisation to enhance the program such as bring more flexibility, create more explicit candidate profiles, greater and standardisation of rotational experiences, and perhaps a consistent program supervisor in case of rotational experiences.

3) Performance
In contrast to a good Talent Acquisition intern, an outstanding Talent Acquisition would proactively assess the business needs for the intern program or any other given project(s) as well as clearly align it with the organisational strategy. Next, he/she would define the selection criteria and determine the duration and type of rotational assignments. Varied rotational assignments, exposure to different business and the right mix of additional programming activities are all critical for the training and development of the high-potential talent. In addition, mentors, peer buddies and assignment supervisors can help program associates navigate through the organisation and cope with demanding assignments. Most importantly, the program needs to be evaluated to make sure that it is on track and helping to achieve long-term corporate objectives. It all makes for a demanding and very ambitious plan, which is expected to be executed successfully by an outstanding Talent Acquisition intern. Moreover, an outstanding Talent Acquisition