HR Metrics and Analytics
Transforming HR Data into Business Insight
3 CREDITS
LEARNING MODEL: IN-PERSON & VIRTUAL
INTRODUCTION
In an increasingly data-driven world, the accurate evaluation of business programs and practices is key to identifying improvements and changes that will have the most positive impact. But what should you be measuring? And what is the best way to gather this important data and communicate it to senior executives that sponsor and invest in key programs? This program will provide you with essential knowledge and tools to understand metrics and transform that data into powerful stories for business knowledge, insight, and decision making.
DATE, LOCATION & FEE
| PROGRAM DATE | LOCATION | VENUE | REGISTRATION END DATE | FEE | |
|---|---|---|---|---|---|
| Oct 24 - Oct 26, 2023 | Toronto | Old Mill Toronto | Oct 20 | $3,895 | |
| Mar 25 - Mar 28, 2024 | Virtual | Zoom Link will be provided after registration | Mar 21 | $3,295 |
LEARNING OBJECTIVES
- Gather and identify relevant data from multiple sources
- Apply analytics tools to understand data, create accurate, compelling stories, and support meaningful decisions
- Combine quantitative and qualitative measures to tell a complete story
- Engage with Senior Executives to help them use data to focus and make key organizational and business decisions
ORGANIZATIONAL BENEFITS
- Five evidence-based modules featuring real-world examples and relevant case-study exercises
- Hands-on opportunities to learn proven analytics tools, data gathering skills and reporting methods
- Knowledge for relevant, fact-based discussions with business leaders
- Collaborative decision-making to identify relevant data and connect that data through analysis and insights to inform key HR and business decisions
TAKEAWAY TOOLS
- The Analyst’s Toolbox – a set of simple tools to interrogate data and create compelling stories
- Models for predictive analysis
- A business case model to engage executives and support informed decision-making
- Skills and exercises to help you meaningfully measure existing data and contribute to business decisions
- The analysis, presentation, and feedback on your “real world” case to take back to your workplace immediately following the program
WHO SHOULD ATTEND
- HR and organizational leaders who need to use meaningful data to inform decision making; emerging leaders and managers responsible for employee performance, management, and engagement; and HR professionals developing and implementing organizational programs and guiding investment decisions.
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PROGRAM OVERVIEW
Our module-by-module overview introduces the topics that will be explored in depth over the course of the program.
Module 1: Numbers and Stories: Turning Data into Relevant Insight
- Discover the guiding principles for meaningful, relevant data analysis
- Understand the Metrics Cycle: Define, Analyze, Recommend, Decide, Act
- Use a template to complete the key step of Defining your Desired Outcomes, and agreeing terminology and relevant data
- Focus your analysis to come to a meaningful recommendation
- Understand your audience and shape your story for their requirements
- Create a compelling story of what the data is telling us and how we can move forward
- Learn how to use a predictive analysis model
- Discover the opportunities and risks in making predictions about the future
- Use data, analytics, and insight to identify revenue, cost, and risk options
- Present your insights in a realistic but compelling way
- Present your “real world” project and receive immediate feedback
- Develop an action plan and implement the learnings on your return to work
- Collaborate and develop a relevant, business-focused HR metrics analysis in a final complex case study and present it to a senior executive team for immediate feedback