Leveraging HR Analytics and Data

Short Course
Duration: 2 days   /   Level: General   /   Suitable for in-house

Gain a deeper understanding of your workforce and improve the quality and credibility of HR organisational insight and decision-making, with this two day course.

Details

SKU#PER:HRAD

Dates and Availability

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Start Date Location Availability Non-members Members Delegates  
04 September 2018
Duration: 2 days
London Spaces available
£995.00
+ VAT
£910.00 + VAT Book places now

Booking information and ways to pay

  1. At checkout you can either pay online using a credit/debit card, cheque or BACS transfer, or you can request to pay by invoice. The invoice option is only available for bookings where a UK company name and address has been provided at checkout.
  2. If you need to book more than four places on one date, please contact us on +44 (0) 20 8612 6202 or email us
  3. If you prefer to complete a paper booking form, you can download and print it here (PDF 128KB)
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Details

Employee salaries and HR programmes frequently account for close to half of many organisations operating expenses. One reason for this high level of investment is the recognition that people are the ultimate source of innovation and competitive advantage. In order to leverage maximum employee value and potential, many leading organisations are turning to human capital analytics to gain a deeper understanding of their workforces, and improve the quality and credibility of HR decision-making.

This two-day programme run by leading HR analytics experts provides an in-depth introduction to HR analytics and enables you to develop the skills to initiate a human capital analytics journey by providing tools and methods for:

  • Linking HR and business strategies
  • Assessing organisational readiness for analytics initiatives
  • Building the business case for analytics
  • Demonstrating the credibility and value added by HR
  • Using analytical insights to improve talent management processes
  • Defining the roles, capabilities, and structures required to maximise analytics effectiveness. 

No prior knowledge or understanding of HR analytics is required. And, with group sizes fo no more than 16, you'll be able to interact with like-minded colleagues from a range of organisations, and focus on developing your own knowledge, skills and understanding in this area. The small group size also allows you to focus on your business, and understand the steps you can take to embed analytics in your workplace. By the end of the course, you'll be in the position to initiate a human capital metrics journey that will help to improve the quality and credibility of your HR decision-making through HR data, metrics and analytics.

We can also run this course in-house for a group of your people. Delivered as it features here, or tailored to suit your organisational needs, in-house programmes are a cost effective way of developing a number of people in your organisation.  Call our in-house training team to discuss your particular requirements on +44 (0)20 8612 6202.

Course Tutors

Mr Sam Hill

Sam is an experienced consultant, practitioner and educator in the field of workforce reporting, metrics, analytics and planning with global experience across the UK, Europe, Middle East, Africa, Asia-Pac and North America.

 

Sam specialises in the determination of appropriate workforce metrics and analytics with a focus on demonstrating the contribution that the workforce makes to the execution of corporate strategic goals. With considerable experience in building, managing and mentoring teams, Sam has a track record of developing capability through the design and delivery of educational programmes.

 

Sam can draw from experience across multiple sectors including Financial Services, Telecommunications, Print & Publishing, Leisure, Government and Oil & Gas.

Who is it for

No prior knowledge or understanding of human capital metrics is required. This course introduces you to Human Capital Metrics and enables you to develop knowledge, skills and understanding in this area.

Successful human capital analytics requires collaboration and cooperation between many parts of the organisation, so this course is suitable for:

  • HR personnel: generalists, training and development, talent management, organisational development, and workforce planning analysts
  • Financial stakeholders wishing to quantify the potential value of their workforces
  • Strategic planners seeking to align market and environmental needs with required workforce capability
  • IT specialists responsible for implementing the technologies underpinning their organisation’s analytics initiatives.
Benefits
By the end of this course, you will be able to:
 
  • Define human capital analytics
  • Understand the importance of HR analytics as an evidence-based decision-making tool
  • Describe the most common human capital strategies used by organisations
  • Describe  the evolution of HR analytics
  • Describe a typical analytical process used to measure the impact of HR programmes on organisational outcomes
  • Explain the accountability of HR in the context of human capital analytics
  • Explain the importance of valuing human capital
  • Explain the changing accountability of HR in the context of human capital analytics
  • Learn how to assess an organisation’s readiness to implement a human capital analytics initiative
  • Understand the criteria for selecting between strategic and tactical analytics initiatives
  • Understand the steps required to implement human capital analytics
  • Measure the value of a learning and development programme.
Programme

Day One: Adopting an analytics mindset

 

Day one provides participants with the background knowledge required for successful implementation of human capital analytics projects.

 

Introduction and course overview


State-of-the-art analytics: where are we today?


This section examines current best practices in human capital metrics.

 

The value of human capital

This section introduces the following concepts:

  • Why it is key to assign financial values to both your workforce and HR activities
  • The concept of people (rather than technology or capital) as the last refuge of competitive advantage
  • The fundamental human capital mindset: how to view employees as assets rather than expenses.

The organisational costs and risks of miscalculating employee value.

 

 Five organisational strategies for investing in human capital metrics

This section will examine five fundamental strategies for investing in the development of human capital. 


Day Two: Implementing HC analytics

 

Having examined the importance of human capital analytics, day two presents participants with practical approaches for using and implementing analytics initiatives in their organisations.

 

Measuring the impact of HR strategy and investments

This topic discusses the advantages and disadvantages of various approaches used for measuring the value of human capital and HR initiatives.

 

Accountability of the new HR

Many organisations are already experiencing an increase in the demand for a financial evaluation of their people assets and HR initiatives from senior management. But who should be accountable for calculating and delivering this value? HR, the line, external consultants, or some combination of these? This topic examines practical solutions to this question.

 

 The structure of an individual human capital projects

This topic provides a methodology for structuring “one-off” human capital projects including alignment with business strategy and building the business case.

 

 Embedding human capital analytics in your organisation

While individual human capital projects are useful, the real value of analytics emerges once it becomes embedded in the organisation’s culture as a standard process. This topics provides a methodology for achieving this including the roles, capabilities and structures required for maximising analytics effectiveness.

 

 Assessing your organisation's readiness for human capital analytics initiatives

Because every organisation is unique, it must therefore tailor its analytics programmes to both its culture and analytical maturity to ensure success. This topic provides participants with tools and techniques for assessing their own organisations in this light.

People who have been on this course say