Overview
People are the ultimate source of innovation and competitive advantage. In order to leverage maximum employee value and potential, many leading organizations are turning to human capital analytics to gain a deeper understanding of their workforce and improve the quality and credibility of HR decision-making. By leveraging the power of data, HR professionals can leverage HR metrics and analytics in making Effective People Decisions.
Workforce analytics is a diverse collection of data analytic approaches for uncovering unique insights about people in organizations that enable faster, more accurate, and more confident business decision-making.
Rapid developments in technology for managing and analyzing big data have opened up new analytic possibilities to HR. The potential of these new capabilities to improve HR effectiveness is bringing workforce analytics to the forefront of HR executives’ minds. In sum, there is a consensus that workforce analytics presents a world of opportunities to improve business effectiveness that we have only begun to explore.
| Start Date | End Date | Venue | Last Date Of Application |
|---|---|---|---|
| 10 Feb, 2023 | 11 Feb, 2023 | ISME Campus, Bangalore #88, Chembanahalli, Near Dommasandra Circle, Sarjapur Road, Bangalore, Karnataka 562125 | 05 Feb, 2023 |
LEARNING OBJECTIVES
• Understand what People Analytics is and how it can help HR increase its strategic value
• Learn to develop and implement a People Analytics Strategy
• Measuring the success of investment made & measuring ROI of Human Capital
• To create linkage between HR initiatives and its impact on the Business
• Identify HR Metrics that drive People & Business performance and Learn to align people analytics with the overall business strategy
• Use People data as in the input for strategic decision-making and drive better business outcomes.
• To measure the Performance & Operational efficiency of various HR Offers at each stage of the Employee Life Cycle
• How to develop a HR Score Card
• How a proactive approach using Predictive Analytics will help organisations stay ahead of competition
• Demonstrating the credibility and value added by HR
TAKEAWAYS
By the end of the course, you’ll be in the position to initiate a human capital metrics journey that will help to improve the quality and credibility of your HR decision-making through HR data, metrics and analytics
Successful human capital analytics requires collaboration and cooperation between many parts of the organization and this course is suitable for
• For data savvy HR Professionals: HRBPs/ HR Generalists, training and development, talent management, organizational development, workforce planning analysts, compensation & benefits who want to make your organization driven by data.
• If you are a committed newcomer starting from scratch and ready to set up an HR analytics function without wasting time trying to figure it out on your own and recognize the need for more data-driven HR policies and practices and want to pioneer this within your organization
• A Business Leader who wants to know how to leverage People and create Economic Value thro People & for Measuring the success of investment made in People.
• Financial stakeholders wishing to quantify the potential value of their workforces
• IT specialists responsible for implementing the technologies underpinning their organisation’s analytics initiatives
An Excel Tool /Template measuring 30+ HR Metrics will be provided to the participants
PROGRAM DELIVERY
Video presentations
Polling exercises
Real-Life scenarios discussions
Case studies
Quizzes/tests
COURSE DURATION
2 Full Days, 5 Sessions of 1.15 Hours each on 10 & 11th Feb 2023 I 9.00 AM to 5.00 PM
MODULES/ SESSIONS
• Introduction
• Evolution of Human Resources Management
• Creating Strategic Value to Business
• What is HR Analytics
• The Strategic HR Metrics That Your CEO Cares About – Going from HR metrics to business metrics – The difference between metrics and KPIs
• Total Employee Experience – The HR value chain HR Effectiveness measurement at each stage of the Employee Life Cycle
• Developing a HR Score Card – using Excel – create measurable and impactful metrics to measure HR effectiveness – by participants
• Predictive Analytics Understand how predictive analytics work using Rapid Miner Tool.
• A hands on training.
• Examples of People Analytics in practice
• Implementing HR Analytics in your Organisation – HR skills required for a implementing HR Analytics
RAMESH RANJAN
brings with him a vast experience in HR and HR Analytics from his 35+ working years as Head of HR in organizations like Schneider Electric India, American Power Conversion (APC), Chevron Texaco /Caltex and Praxair India. His last role was as Vice President HR at Schneider Electric India. He is currently a visiting Professor at ISME. He is also the Founder & Editor of https://humanengineers.com/ , a People Management Website, selected in the Top 100 HR Blogs, Websites & Influencers in 2020 by Feedspot. He is also a People Consultant with leading Organizations, a Corporate Trainer and a certified Executive Coach, mentoring CXO’s and StartUp founders.
RAJENDRA DESAI
is a certified consultant with M/s Frontline Systems Inc, USA a leader in providing Predictive and Prescriptive Analytics solutions for Industry. He has successfully executed consulting projects for diverse Industries to help them improve their operations through analytics solutions. He has presented papers on the practice side of Business Analytics at the Annual International Conferences on Business Analytics and Intelligence at IIM Bangalore and IISC Bangalore in 2011 – 2018. He has published in the Annals of Operations Research. He is currently Head – External Programs at ISME, Bangalore.
For Corporate Participations : Rs, 9500/- per participant, For Academicians/Faculty : Rs, 6,500/- per participant For Students : Rs, 4500/- per participant
Contact
Rajendra Desai
Head – External Programs
Ph: +91-98865-38504
Email: raj@isme.in
Vikku Agarwal
Coordinator – External Programs
Ph: +91-81058-81841
Email: vikku.agrawal@isme.in
