Program Overview

Understanding and applying human capital analytics is a critical skill gap for many in HR. Skillful application of analytics can be the point of leverage to improve the contribution and stature of HR. This program will help you bring unique and substantial value to your role and to your organization through a deeper understanding of human capital analytics.

Increasing the value of an organization’s human capital is the major challenge for virtually every business, not-for-profit and government agency in the 21st century. We all face increasing competition, shrinking resources and disruptive innovations. If we fail to constantly add “human capital value” in the form of workforce capabilities, flexibility and motivation, we face an environment dominated by price-cutting and expense-slashing.

Human resources is responsible for growing the “soft” human capital assets, assets that are now the majority of the market value of modern corporations. HR is uniquely positioned to discern new ways to improve the value and productivity of human capital—and thus drive long- term success. And HR professionals are uniquely positioned to lead this effort. But positioning is not enough. To be successful, they need to think, decide and act as businesspeople, with the analytic tools, discipline and accountability comparable to other line managers.

Skilled application of metrics and analytics is often missing from the standard human resources “toolbox.” The analytics seminar is intended to fill a crucial gap in the training and experience of HR professionals, and to enable them to make contributions commensurate with their potential.

Numbers are the universal language of business. Human capital analytics is the application of quantitative and monetary analysis to people-related programs and initiatives. To be full partners in an enterprise, HR professionals must become skilled in the development and interpretation of such measures.

You will leave this seminar with a foundation in emerging methods to quantitatively understand, assess and demonstrate the role of HR and human capital programs in your organization.

You will be provided with a structured workbook to support your continuing efforts to build the HR business case.



Program Outline

Day 1 - Introduction to HR-related Analytics

  • Understanding and applying human
  • HR and business metrics: examples and resources
  • Bringing a hard edge to the soft side – developing HR measures and KPIs
  • Measurement tools – standardization, units and ratios
  • Benchmarking, organizational performance, and impact analyses
  • Staffing and hiring – finding and assessing real talent
  • Surveys and employee relations – building engagement, uncovering productivity
  • Diversity and the impact of complexity – assessing opportunities and liabilities
  • Training, OD and performance management – uncovering and driving value
  • Reporting results with impact
 

Day 2 - Developing the Business Case for HR

  • Uncovering people-related goals important to your business leaders
  • Alignment between business drivers and HR efforts
  • Generating commitment from line management to your programs
  • Building visibility for HR initiatives & accountability
  • Developing the HR business case:
    • Linking  corporate goals and human capital programs
    • Monetizing HR results
    • Assessing the bottom-line impact of human capital programs and initiatives
  • Planning your HR analytics initiative

Programme Outline
Day 1 - Introduction to HR-related Analytics

Day 2 - Developing the Business Case for HR