Workforce & HR Analytics Master Class

Workforce & HR Analytics Master Class

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Overview

Course Summary

HR measurement is growing quickly both in importance and also in the number of new insights into how to do it. These include the creation of new standards, new analytical tools and approaches and the opportunities, as well as the challenges, provided by big data. While it is very useful to have these inputs, their sheer number means that HR practitioners increasingly find it difficult to know where to start.

In this cutting-edge masterclass, we will showcase the best way to cut through the noise to focus ever more clearly on what drives organisational success, This intensive three-day course will teach you how to properly align human capital analytics with business and HR strategies and leverage the data you have to build and deliver workforce and HR metrics that will improve results.

Using a provided framework and roadmap, HR professionals will take in the value of evidence-based measurement and decision-making. Learn how to use human capital analytics to support your organization's strategic and operational goals and provide decision makers with greater insight into workforce-related considerations.

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Course Structure

This course is designed to offer a structured approach to the implementation of human capital analytics by following these five phases of development:

  • Assess & Plan
  • Link & Align
  • Identify & Build
  • Implement & Execute
  • Evaluate & Enhance

Detailed plan include:
Day One

  1. Introduction - Why HR Analytics is heating up
  2. The Human Capital Framework
    • Linking Strategy to Performance Through Analytics
    • Linking Human Capital to the Business Through Analytics
    • Aligning HR Metrics to Strategic and Business Objectives
    • The Challenge of Measuring Human Capital
    • The Most Important Metrics for Human Capital
    • HR Competencies & Analytics
  3. HR Transformation & Organizational Analysis
    • Metrics for M&A, Reorganisation, & Downsizing
    • Total Cost of Workforce – Controlling cost to impact bottom-line
    • Management Span of Control (MSC) – Optimizing Organisational Structure for Results
    • Compliance & Risk Analysis Reporting
    • Case Study: Building out Analytics to guide Enterprise Change
    • Case Study: HP – Inventing the future workforce
    Day Two
  4. Integrated Talent Management
    • Integrated vs. Best-in-class Talent Management
    • Using Analytics to Manage Talent Management
    • The Case for Data Driven Talent Management
    • Building & Managing the Talent Management Index (TMi)
    • Talent Intelligence (TI) – Moving from Analytics to Decisions
    • Case Study: Ingram – Using TI to manage Turnover hidden cost
  5. Leveraging Analytics to Build & Maintain Performance Management
    • The Corporate Scorecard
    • The HR Department Scorecard
    • The Workforce Scorecard
    • Using Analytics to Optimize the Workforce Scorecard
    • Tool & Exercise: Building & Managing the Workforce Management Index (WMi)
    Day Three
  6. Evidence –Based Decision Making
    • Using Analytics to Identify Critical roles & skills to Execute Strategy
    • Analytics Maturity Progression
    • Aggregating & Analysing Data
    • Workforce Intelligence Services
    • Linking Workforce Planning
    • HR Linkage Framework
    • Case Study: PG & E – The Role of Analytics in Workforce Planning
    • Developing the Workforce Analytics & Scorecard Guide
  7. Conclusion
    • Takeaways
    • Localizing the Experience
    • Action Planning

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Course Benefits - What do I learn?

Three Key Takeaways from this course:

  1. 20 Tools, frameworks and roadmap for easy implementation.
  2. Align workforce metrics with business strategy, goals and objectives.
  3. Obtain management and stakeholder support and involvement

Other programme benefits include:

  • Why what we measure in HR is so disconnected from what adds value
  • Why a human capital scorecard provides the best basis for measuring what we do in HR
  • Different forms of HR scorecard and why this needs to be based on a strategy map
  • Different starting points and types of measures in the strategy map depending upon the level of value involved
  • Calculating and discussing ROI based upon the strategy map and scorecard
  • Using the strategy map and scorecard to underpin analytical approaches
  • Align workforce metrics with business strategy, goals and objectives.
  • Align HR metrics with critical HR objectives and initiatives.
  • Determine the right data to collect.
  • Build and execute your implementation plan.
  • Obtain management and stakeholder support and involvement

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What do I need to know?

A basic understanding of HR Management, HR metrics, and statistical mathematics based on MS Excel.

Target Participants

Heads of HR, Mid-level HR professionals and practitioners, HR Specialist, Unit Heads, Heads of Performance Management, Heads of Learning & Development, Heads of Recruitment, HR Consultants, HR Business Partners, and ALL Mid-Level HR Professionals and Practitioners.

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Calender

Code: Type: Location: Fees: Start date: Duration: Register:
HRP302 Weekday Ikeja,Lagos N126,000 21-Feb-2018 3 days Register Online
HRP302 Weekday Ikeja,Lagos N126,000 25-July-2018 3 days Register Online
HRP302 Weekday Ikeja,Lagos N126,000 10-Dec-2018 3 days Register Online
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NOTE: To further leverage the value and impact of this Programme, we encourage organisations to send cross-functional teams of HR executives to P4PE Institute. We offer one of two exciting group benefits to companies sending three or more participants to this programme.

Course Registration

Advanced registration is required to join this course. Limited class size and registration window means early birds have an advantage. Register now and access qualifying discounts.