Course description
In this course, you take a strategic view of your organization's use of HR data and its measurement systems. The course prepares you to determine the HR metrics that align with your company's strategic goals. It explains the characteristics of high-quality data and equips you to find and collect that data, inside or outside your organization.
The course provides a high-level introduction to common analysis techniques and some mistakes to avoid when interpreting data or assessing reports and interpretations offered by others. In the final section of the course, you will learn to take the results of your data collection and analysis and communicate your findings in a compelling manner so that change follows.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
HR Analytics - Concepts and Tools for Effective Decision Making course is ideal for:
- Human Resources professionals or those about to start a career in Human Resources.
- Experienced officers and managers in Human Resources who wish to update their knowledge and skills about the latest techniques in the various Human Resources functions.
Outcome / Qualification etc.
By the end of the HR Analytics - Concepts and Tools for Effective Decision Making course, participants will be able to:
- Provide a thorough understanding of modern Talent/HR analytics.
- Leverage HR data to make more insightful business decisions.
- Apply basic forecasting tools.
- Transform HR into a strategic function.
- Shift the attention of HR managers and practitioners from just ‘running’ or ‘managing’ their HR departments to ‘predictive management’ using the modern tools of talent/HR analytics.
- Apply modern Human Capital management processes to take HR to new levels of sophistication and integration.
- Optimize and synchronize the delivery of HR services.
- Get acquainted with best practice examples of organizations using talent/HR analytics.
Training Course Content
Day 1
Introduction to HR Analytics
- The Meaning and Power of Analytics
- Big Data and HR
- The Purpose and Uses of HR Analytics
- Needed Skills and Common Pitfalls to Avoid – The Analytical Leader
- Trend and Regression Analysis
Day 2
Managing Tomorrow, Today
- The Language of Metrics and Analytics
- The Evolution of Data Analysis
- Moving from Prescriptive to Predictive Analytics
- Lagging and Leading Indicators
- What we Know about Tomorrow
- The Future of Talent/HR Analytics
Day 3
Human Capital Management Model for Managing Tomorrow, Today
- The Four Processes of Predictive Modern Human Capital
- Scanning the Market and Managing the Risk
- Turning Data into Business Intelligence
- Avoiding Common Metrics Mistakes
- The Levels of Metrics
- Applying Metrics and Analytics to Make a Difference
Day 4
Big Data Applications in HR
- Using Predictive Analysis to Attack Long-Term Turnover and Productivity Problems
- Using Predictive Analysis to Improve Staffing and Retention
- Exploring Data that Indicates How Leading Companies Retain Core Talent in Critical Functions
- Exploring the Impact of Education Level of Employees in Core Functions on a Business’ Market Performance
Day 5
Examples of Organizations Using Talent/HR Analytics
- Employee Engagement
- Sales
- Employee Absenteeism
- Retention
- Incentives
- Leadership
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...