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Advanced Human Resources Analytics

Course Information:

Venue:Duration:Date:Price:
Online 20 hours Flexi-date£2,500.00
In-House Agreed with client FlexiblePOA
London 10 days 14-Mar£5,900.00
London 10 days 18-Jul£5,900.00
London 10 days 7-Nov£5900.00

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    LCT 2022 Brochure
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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

    Accreditations

    Outcomes

    • 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 TOPICS:

    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 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

    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

    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

    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

    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

    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

    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

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