Advanced Human Resources Analytics

Unearth amazing insights to improve your decision-making

Course Fee: £4500 + VAT (20%)

Dates for this course:

18 Nov 2019 to 29 Nov 2019 London
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Who should attend?

• Human Resources Directors who would like to strengthen their position in the boardroom
• HR professionals who would like to go the extra mile in developing a robust HR strategy
• HR professionals who would like to measure contribution of HR towards organisational performance

Learning Objectives

By the end of the course delegates will be able to: 

• Identify the reasoning behind predictive analytics and its benefits
• Explore various levels of analytics and their uses; showing the evolution of metrics into predictive analytics
• Describe the predictive management model and the HCM:21 model
• Appreciate Risk Assessment as a fundamental part of modern human capital management
• Take an evidence-based approach using advanced analytics to develop a collaborative workplace when selecting and motivating people
• Develop Workforce Planning that replaces gap-analysis with the concept of generating human capability
• Change HR service delivery into a value-generating process

Course Content

Introduction to Predictive Analytics

• What is analytics?
• Why is analytics important?
• The language of metrics and analytics
• The power of analytics
• The model of predictive management
• Human resources analytics case study

Human Capital Predictive Management

• The big picture and the value of statistical analytics
• The importance of risk assessments
• How to improve hr process
• The employee value proposition
• Getting support to implement strategy exercise
• Strategic choice and advanced analytics case study 

HCM practice choice and advanced analytics

• Business intelligence alignment of HCM
• Decision science and implications of HCM decisions
• Human science and selection decisions
• HCM case study 

Optimizing selection and promotion decisions

• Talent acquisition and decisions analytics
• Biases and the selection decisions
• Application of expert intuition to selection and promotion decisions
• Predictive modelling and selections decisions
• Applied econometrics and machine learning techniques 

Human Science and Incentives

• Incentive contracts
• Complexity theory and incentive contracts
• The application of expert intuition to incentive and motivation issues
• Predictive modelling and incentive contracts
• HR incentives case study 

HCM Applications, Analytics and HR Decisions

• IT options and optimal HCM practice
• Enterprise resource planning (ERP)
• Business intelligence applications
• Talent management and advanced analytics
• The new face of workforce planning

The New Face of Workplace Planning

• Human resources versus human capital planning
• Quality employee engagement measurements
• Collapsing the silos
• Process analysis for human resources
• Human capital planning case study

Turning Data into Business Intelligence

• What are metrics?
• Avoiding common metrics mistakes
• Second generation metrics: benchmarking
• Third generation metrics: predictive analytics
• Understanding the data vs In
• Understanding the data vs Insight exercise
• Business intelligence case study

Data Interpretation

• Predictive Analytics for Human Capital Management
• Using Human Capital Data for Performance Management
• Using HR metrics to make a difference
• Common pitfalls in data interpretation