Effective HR Metrics and Analytics Training
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Effective HR Metrics and Analytics Training Course
Introduction:
Creating tailored HR metrics and analytics that align with your specific organizational context is a valuable competitive advantage in today's economy. These metrics contribute to long-term performance improvement and enhance decision-making capabilities.
By utilizing HR analytics, leaders gain a deeper understanding of how to navigate business decisions effectively. HR metrics serve as a foundation for this analysis, providing insights that inform strategic actions.
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.