Effective HR Metrics and Analytics Training
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Effective HR Metrics and Analytics Training Course
Introduction:
In the modern economy, gaining a competitive edge relies on developing HR metrics and analytics that align with your organization's unique context. By leveraging these metrics, you can enhance long-term performance and make informed decisions that drive success.
HR analytics employs HR metrics to provide leaders with valuable insights and understanding, enabling them to make strategic choices that propel the business forward. By harnessing the power of data-driven HR analytics, organizations can optimize their workforce management strategies, improve operational efficiency, and ultimately achieve their business objectives.
Course Objectives:
By attending Effective HR Metrics and Analytics course , you will be able to :
- Understand the importance of HR metrics and analytics in measuring HR’s impact and drive business results.
- Identify the right HR metrics (what to measure, types of measurements etc.,) – aligning HR and business goals.
- Turn metrics into analytics for effective management decisions
- Analyze the utilization of internal and external measurement systems which establish the contribution of the HR function.
- Take into consideration the messages that are revealed by such frameworks for the organization as a whole.
- Make decisions based on evidence rather than opinion.
- Comprehend what is going on that affects the Human Capital of an organization.
- Drive strategic change rather than react to it.
Who Should Attend?
This Effective HR Metrics and Analytics course is ideal for:
Human resources managers and professionals, business owners, and other managers who have HR responsibilities and are interested in demonstrating how HR adds measurable value to the organization.
Course Outlines:
Overview of Analytics, Strategy & HR's Role
- Historical evolution of HR metrics.
- Explain how and why metrics are used in an organization
- The rationale for evidence-based approach
- Data, information and insights
- Defining analytics and predictive analytics
- Strategic HR versus Personnel Management
- HR’s contribution to strategy
- Human Capital Approach
Implementing HRM Metrics & Analytics
- Development of the employee
- Change Management
- Implementing an employee’s strengths to specific tasks
- Internal hiring and succession planning
HR Tools and Methods
- Quantitative v Qualitative data
- Rational problem analysis and models of decision-making
- Measures of HR effectiveness, efficient and impact
- Methods of data capture and benchmarking
- Employee Self- assessment and self-report measures
- Electronic workforce surveillance & analytics
Driving Organizational Change
- Understanding the cultural context
- Dynamic nature of business, environment & technology driving change
- Theories of organization change and how to use them
- Enablers and impediments to change
- Resistance to change
- Implementing strategic change
Putting HR Metrics and Analytics into Action
- The Balanced Scorecard
- Human Resource Planning
- Recruitment Analytics
- Succession Planning & Talent Management
- Absence management
- Skills analysis and training needs analysis
Metrics and Analytics for Improving Employee Performance
- Performance Management
- Employee Motivation
- Engagement
- Empowerment and Accountability
- Employee Motivation.
- Empowerment and Accountability.
- Performance Management; The four-stage process – agreeing objectives, feedback, coaching and appraisal.
- Conclusion and Action Planning.