HR Measurement and Human Capital Management
Short course
In London
Description
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Type
Short course
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Location
London
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Duration
1 Day
Proving the effectiveness of the HR function is at the forefront of any HR professional's agenda. While your HR team is expected to provide insight into human capital reporting and measuring the value of your workforce, you also need to provide hard evidence of your own contribution through an effective HR measurement framework. Yet, a recent survey found that more than eight out of ten HR professionals lack a strategic HR measurement programme and do not measure return on investment. Perhaps no surprise then that HR often struggles to prove its business impact. Suitable for: HR Directors, Managers and Policy Advisors; HR Consultants and Business Partners; Employee Relations Professionals, Heads of Organisational Development
Facilities
Location
Start date
Start date
Start date
Reviews
Course programme
09:30 - Welcome, introduction and objectives
09:30 - Why measure HR and Human Capital?
· Current thinking and practice: why is there a need for measurement and what are the issues?
· Strategic approach: driving your strategy forward and linking measurement to core outputs
· Human capital approach: human capital reporting and measuring the value of your workforce
· Demonstrating added value from the HR function
11:30 - Coffee
11:45 - Weighing up the measurement options: making the connection between activity and performance
· Examining the key factors that make a difference to organisational success: what should be measured?
· Using measurement as a tool to substantiate problems
· Evaluating the impact of HR interventions
· Qualitative measures and the value of staff surveys
· Metrics and key performance indicators
12:45 - Lunch
13:45 - Interpreting the information: what can be inferred from the results
· Creating value from data: how to make a difference
· Validity and reliability of data: what conclusions can be drawn
14:15 - Assessing your reasons for measuring
· A practical activity enabling you to become clear on the most important objectives you want to achieve through measurement
15:00 - Tea
15:15 - Establishing a culture of measurement and developing a measurement framework
· Assessing your current approach to measurement and assessment
· Creating an effective measurement reporting framework: how much data, when and to whom
· The audience for the data and how they will use it: building stakeholder commitment to action
· Presenting and communicating data for the audience's attention
15:45 - Benchmarking and comparator indicators: an exploration and evaluation of options
· Exploring the potential of alternative human capital measures and benchmarking frameworks
· How to use consultants and external suppliers to achieve value for money
16:15 - Critical success factors and obstacles in human capital reporting and HR measurement
· Exploring what can go wrong: identifying and overcoming barriers
· Action planning for the future: what next
16:30 - End of seminar
HR Measurement and Human Capital Management