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The main learning outcomes of the masterclass will be:
- Understand the importance and potential uses of business metrics and the role human capital analytics play in evaluating an organisation's performance
- Utilise the HR and workforce analytics model to better link human capital results and activities to business performance
- Design a plan for gathering data and implementing human capital measurement in your organisation
- Determine what should be measured to gauge whether HR is helping the company deliver on goals
- Analyse data from an advanced perspective and determine which analytic technique can be applied in different business contexts to deliver tangible results
- Identify ways to benchmark HR performance and create standards using data and metrics
- Develop an action plan for using and communicating metrics to aid important business decisions
On completion of training course, attendees will have a much stronger understanding of :
- How to assess current company policies and apply effective prediction methods
- Predictive analysis in action to elicit meaningful information that can determine future requirements in alignment with business plans
- The effective uses of analytic techniques and statistical methods
- Research methods and their operative value in real time situations
- Risk analysis and effective measure for forecasting, adapting and risk mitigation
- How to compose, develop and enhance your HR action plan
