Measuring the success of investment made in People A HR Analytics Workshop

Workshop Overview

Title: Measuring the ROI on People Investment: A HR Analytics Workshop
Date: 3oth  August 2024
Mode: Hybrid (Physical event at GHRC Training Centre, Bangalore and online)
Price: Rs. 4000/- for GHRC Members, Rs. 5000/- for Non-GHRC Members
Early Bird Discount: 20% off for registrations before 10th August

About the Global HR Community

The Global HR Community (GHRC) is a vibrant network of HR professionals committed to advancing the field of human resources through collaboration, innovation, and continuous learning. We strive to create a platform where HR practitioners can connect, share insights, and drive positive change in their organizations. Our community is dedicated to promoting best practices, fostering professional development, and addressing the evolving challenges of the HR landscape.

Introduction to the Topic

In today’s data-driven world, organizations are increasingly recognizing the importance of HR analytics in making informed decisions about their workforce. Measuring the ROI on the investment made on people is critical to demonstrating the value of HR initiatives and aligning them with business objectives. This workshop is designed to equip HR professionals with the tools and techniques needed to leverage analytics for better decision-making and enhanced organizational performance.

Why HR Analytics?

HR Analytics is transforming the way organizations manage their people. By utilizing data and analytical tools, HR professionals can gain insights into workforce trends, predict future outcomes, and make strategic decisions that drive business success. Successful organizations and leaders are moving towards data-based decisions to optimize their HR practices and achieve measurable outcomes.

Program Objectives

• Understand the fundamentals of HR analytics and its importance.
• Learn how to measure and demonstrate the ROI on people investment.
• Explore key performance indicators (KPIs) and metrics relevant to HR.
• Gain insights into creating a holistic employee experience.
• Discover strategic HR metrics that matter to CEOs.
• Understand the HR scorecard and its application.
• Learn about predictive analytics and its role in HR.
• Explore various HR tools to support data-driven decision making.

Detailed Agenda

Welcome (9:30 – 10:00)
Facilitator: Sree Kanth Arimanithaya
Kickstart the workshop with an introduction and set the stage for a day of insightful learning and discussions.

What is Business / HR Analytics (10:00 – 11:00)
Facilitator: Ramesh Ranjan
An overview of business and HR analytics, its significance, and how it can transform HR practices.

Tea Break (11:00 – 11:15)

KPI’s & Metrics (11:15 – 12:15)
Facilitator: Ramesh Ranjan
Understanding key performance indicators and metrics that are crucial for tracking and improving HR performance.

Total Employee Experience (12:15 – 1:15)
Facilitator: Ramesh Ranjan
Exploring the components of the employee experience and strategies to enhance it through data-driven insights.

Lunch Break (1:15 – 2:00)

Strategic HR Metrics that Your CEO Cares About (2:00 – 3:30)
Facilitator: Ramesh Ranjan
Identifying and leveraging strategic HR metrics that are essential for gaining executive buy-in and driving business outcomes.

Tea Break (3:30 – 3:45)

HR Score Card (3:45 – 4:15)
Facilitator: Ramesh Ranjan
Introduction to the HR scorecard and its application in aligning HR initiatives with business strategy.

Predictive Analytics (4:15 – 5:15)
Facilitator: Sree Kanth Arimanithaya
Exploring the role of predictive analytics in HR, including tools and techniques for forecasting future trends and behaviors.

HR Tools (5:15 – 5:45)
Facilitator: Ramesh Ranjan
Overview of various HR tools that support data-driven decision-making and enhance HR functions.

Wrap Up (5:45 – 6:00)
Summarize key takeaways, address any questions, and provide closing remarks.

Key Takeaways

• Comprehensive understanding of HR analytics and its strategic importance.
• Practical knowledge of KPIs and metrics to measure HR effectiveness.
• Insights into creating and maintaining a positive employee experience.
• Ability to identify and use strategic HR metrics that influence executive decisions.
• Knowledge of predictive analytics and its application in HR.
• Familiarity with HR tools that support analytics and data-driven decision making.

Why Attend?

• Gain in-depth knowledge and practical skills in HR analytics.
• Learn from experienced facilitators and industry experts.
• Network with fellow HR professionals and share best practices.
• Enhance your ability to make data-driven decisions in HR.
• Equip yourself with tools and techniques to demonstrate the value of HR initiatives.

Who Should Attend?

• HR professionals looking to enhance their analytics skills.
• Business leaders interested in understanding the value of HR analytics.
• HR managers responsible for measuring and reporting HR performance.
• Professionals involved in strategic decision-making and workforce planning.

Don’t miss this opportunity to transform your HR practices and drive your organization towards data-driven success! Join us at the GHRC Training Centre or online for this invaluable workshop, and equip yourself with the skills and knowledge to measure and maximize the ROI on your people investment.

Register today to secure your spot and take advantage of the early bird discount before 10th August. Elevate your HR expertise, network with industry leaders, and become a catalyst for positive change in your organization.

Sign up now and be part of the future of HR analytics!

For more information and to register, visit our website or contact us at [contact details].

Empower your career and your organization with the power of data. We look forward to welcoming you!