HR Analytics – Concepts And Tools For Effective Decision -Making

Category: HR Analytics – Concepts And Tools For Effective Decision -Making

Course Objectives

By the end of the program, 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 that of ‘predictive management’ using the modern tools of talent/HR analytics.
  • Apply processes of modern Human Capital management 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

Course Outline

  • 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 
  • 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
  • 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
  • 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
  • Employee Engagement
  • Sales
  • Employee Absenteeism
  • Retention
  • Incentives
  • Leadership