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
