HR Analytics for Business Decisions
This particular course focuses on the strategic view of one’s organization's use of HR Analytics and its measurement system in order to make the right decisions. The modules provide you the opportunity how HR Analytics is aligned with your company’s strategic aspect. Basically it shades light on the characteristics and vitality of high quality data and equips HR responsible people to end and collect that data whether internally or externally of your organisation.
Course Objectives
The objective of this course is to emphasize the strategic utilisation of HR Analytics within an organisation’s decision-making processes. Through its modules, the course offers participants the opportunity to align HR Analytics with their company’s strategic goals. It highlights the importance of high-quality data and empowers HR professionals to identify and gather relevant data sources, both internally and externally, to support strategic decision-making.
Benefits of Attending
Attending this course offers numerous benefits, including:
- Gaining a thorough understanding of modern HR Analytics.
- Leveraging HR data to make informed and impactful business decisions.
- Learning and applying basic forecasting tools to enhance decision-making.
- Transforming HR into a strategic function within the organisation.
- Implementing ‘predictive management’ techniques using modern HR analytics tools.
- Applying processes of modern Human Capital management for optimised outcomes.
- Optimising and synchronising the delivery of HR services to meet organisational needs effectively.
- Understanding best practice examples from organisations utilising HR analytics for improved performance.
Who Should Attend
- Human Resources Analysts, Managers, Executives
- Training and Development Professionals
- OD Professionals
- Employee Relations
- Employee Communications
TRAINER PROFILE
Ian is a certified trainer from the Institute of Leadership Management – ILM, and an AssociateMember of ILM. Ian has extensive senior management and strategic experience with a number of Blue Chip organisations, including Citigroup and Prudential Assurance. His experience in the corporate world was in operational and strategic management with responsibility for workforces of 500+ with multi-million dollar budgets. Ian specialises in all aspects of HR Management, including performance management and workforce optimization, Project Management and Finance. His track record of success has been achieved by developing and implementing clear business strategies that deliver bottomline results improvement.Ian works across a diverse number of business sectors including, Oil & Gas, Banking, Aviation, Manufacturing, Power , Utilities & Government entities to bring “Best in Class”standards and processes.
Learning Benefits
- Understand the modern HR Analytics
- Benet from HR data to make rightful business decisions
- Transform HR into a Strategic Function
- Apply 'predictive management' using the modern tools of HR analytics
- Optimize and synchronize the delivery of HR services
Training Outline
Module 1: The changing role of HR
- Context and Trends of HR
- A whole new mind for HRM
- Big Data Trends
Module 2: HR Analytics Revealed
- Business Intelligence MARCKM:Measurement, Analytics, Reporting, Collaboration, Knowledge Management
- The Evaluation of Data Analysis
- Metrics and Analytics Language
- From Perspective to Predictive Analytics
Module 4: Human Capital Management Model for Managing Today and Tomorrow
- The Four Processes of Predictive Modern Human Capital
- Scanning the Market and Managing the Risk
- Turning Data into Business Intelligence
- Using Predictive Analysis to:
- Improve Staffing and Retention
- Avoid Long-Term Turnover and Productivity Problems
Module 6: Examples of Organizations Using Talent/HR Analytics
- Employee Engagement
- Employee Absenteeism
- Retention
- Incentives
- Fundamentals of Data Mining
- Objectives of Data Mining
- Key aspects of Data Mining
- Data visualization and exploration