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HR Business Analytics for Strategic Decision Making

Fall 2017

Human resources is stepping into the spotlight with HR analytics. In years past, one of HR’s primary goals was to collect and keep track of employees’ personal and professional information, such as payroll, health benefits and performance reviews. In order to play a more active role in the organization, HR needs to understand how to analyze data and present findings to senior management.

In this course, participants will learn more about how analytical thinking and methodology can make HR play a more active and involved role in the organizations’ planning and objectives. Such an approach allows HR to interpret data, recognize trends or issues, and take proactive steps with different departments to keep the organization running smoothly and profitably. HR analytics differs from HR metrics by allowing HR managers to project potential outcomes and make recommendations for actions to senior management. The HR manager can use their own data, design their own analytics, and create valuable scenarios for areas such as workforce planning, recruitment, talent management, etc. There are many analytical tools available, however, this course will not address the tools, but rather the process to build an analytical mindset and capability within HR.

This course is targeted at middle and senior HR managers, who need to deliver relevant information to other senior managers in their organization. Participants must have a keen interest in enhancing their HR messaging and understanding the process and value of analytics in HR.

Participants should bring laptops with Excel and PowerPoint, if possible. Group presentations based on the day’s work will finish off the session.

In this workshop, you will:

  • Understand the importance of analytics to support decision-making
  • Learn about the process of stating goals, conduct proper data collection, analysis and presenting findings in a way that is useful information to senior management
  • Elaborate on examples where HR analytics can be useful for better decision-making

Topics include, but are not limited to:

  • HR and the executive suite
  • Challenges/Changes
  • HR metrics versus analytics
  • HR’s strategic role in an organization
  • Developing as HR analytics strategy in the organization
  • Workshop to analyze business scenario/case study
  • Analytics
    • State the purpose of the analysis
    • What is the process for the analysis
    • Interpreting the results
    • Presenting the relevant findings in a format suitable for executive management

Upon completion, the successful participant will be able to:

  • Formulate the goal for the information to be obtained
  • Collect the right data from within the organization
  • Apply various methodologies for analysis (Note: this course does not teach statistical or other technical methodologies for analysis)
  • Understand how to draw conclusions from various types of analysis
  • Understand the information that has been obtained, and know how to communicate it to senior management

accreditation-seal-web
This CapU Exec Ed workshop has been accredited by CPHR BC & YK (Chartered Professionals in Human Resources of British Columbia & Yukon) and qualifies for 14 CPD Hours.

If you are a CPHR BC & YK member (formerly HRMA), you are eligible for a discount (up to 15%). Please call 604.984.4901 to register and avail of the discount.

Schedule

1 Thursday & 1 Friday 09:00 – 16:30

Start Date

November 02, 2017

End Date

November 03, 2017

Location

CPHR BC & YK Vancouver office

Instructor

Mats Gerschman

Course Reference Number (CRN)

93046

$1,295

Product Description

Human resources is stepping into the spotlight with HR analytics. In years past, one of HR’s primary goals was to collect and keep track of employees’ personal and professional information, such as payroll, health benefits and performance reviews. In order to play a more active role in the organization, HR needs to understand how to analyze data and present findings to senior management.

In this course, participants will learn more about how analytical thinking and methodology can make HR play a more active and involved role in the organizations’ planning and objectives. Such an approach allows HR to interpret data, recognize trends or issues, and take proactive steps with different departments to keep the organization running smoothly and profitably. HR analytics differs from HR metrics by allowing HR managers to project potential outcomes and make recommendations for actions to senior management. The HR manager can use their own data, design their own analytics, and create valuable scenarios for areas such as workforce planning, recruitment, talent management, etc. There are many analytical tools available, however, this course will not address the tools, but rather the process to build an analytical mindset and capability within HR.

This course is targeted at middle and senior HR managers, who need to deliver relevant information to other senior managers in their organization. Participants must have a keen interest in enhancing their HR messaging and understanding the process and value of analytics in HR.

Participants should bring laptops with Excel and PowerPoint, if possible. Group presentations based on the day’s work will finish off the session.

In this workshop, you will:

  • Understand the importance of analytics to support decision-making
  • Learn about the process of stating goals, conduct proper data collection, analysis and presenting findings in a way that is useful information to senior management
  • Elaborate on examples where HR analytics can be useful for better decision-making

Topics include, but are not limited to:

  • HR and the executive suite
  • Challenges/Changes
  • HR metrics versus analytics
  • HR’s strategic role in an organization
  • Developing as HR analytics strategy in the organization
  • Workshop to analyze business scenario/case study
  • Analytics
    • State the purpose of the analysis
    • What is the process for the analysis
    • Interpreting the results
    • Presenting the relevant findings in a format suitable for executive management

Upon completion, the successful participant will be able to:

  • Formulate the goal for the information to be obtained
  • Collect the right data from within the organization
  • Apply various methodologies for analysis (Note: this course does not teach statistical or other technical methodologies for analysis)
  • Understand how to draw conclusions from various types of analysis
  • Understand the information that has been obtained, and know how to communicate it to senior management

accreditation-seal-web
This CapU Exec Ed workshop has been accredited by CPHR BC & YK (Chartered Professionals in Human Resources of British Columbia & Yukon) and qualifies for 14 CPD Hours.

If you are a CPHR BC & YK member (formerly HRMA), you are eligible for a discount (up to 15%). Please call 604.984.4901 to register and avail of the discount.

Additional Information

Schedule

1 Thursday & 1 Friday 09:00 – 16:30

Start Date

November 02, 2017

End Date

November 03, 2017

Location

CPHR BC & YK Vancouver office

Instructor

Mats Gerschman

Course Reference Number (CRN)

93046