Details
Measurement is an increasingly important aspect of HR professional capability and doing it well can help maximise the effectiveness of HR strategies and operations.
It can also help convince business colleagues that HR is managing itself in a business-like way: but most organisations’ approaches to HR measurement fail to capture the benefits of these opportunities. Research also suggests that this area is one of HR’s weakest capabilities.
Advances in approaches, tools and technologies, coupled with developing experience in these areas, are allowing organisations to monitor, evaluate and improve the implementation of their HR strategies much more effectively than before.
Attend this seminar to learn how measurement and metrics can be developed in a way that helps to drive the success of your HR strategy, your people and your organisation.
Learn why an HR strategy map and scorecard provide the most effective framework for developing and managing measurement within your own organisation and how to optimise your workforce planning and measurement activities through the use of various analytical approaches.
Who's it for?- HR practitioners, with an interest in, or need to improve, capabilities in measurement
- HR team members, responsible for measurement, analytics, benchmarking or reporting
- HR technology specialists
Outline
10:00 Welcome, Introductions and Objectives for the day Moving Towards Evidence Based HR
- Using measures to support strategic HR planning
- ROI and other approaches for measuring HR’s impact
- Dealing with difficulties in measuring human capital
- Why alignment is key in strategic people management and measurement
- Combining data, research and other sources of insight to reduce the knowing / doing gap
- A review of different HR scorecard models and why HR scorecards are best developed based upon a strategy map (as in business scorecards)
- Connecting what we measure with what will be useful and important rather than simply with what is easy to measure
- Identifying lead and lag measures and metrics for HR’s activities and outcomes
- Developing strategy maps and scorecards for different levels of value provided by HR activities
- Case study on setting measures to support objectives
- Developing a strategy map and scorecard detailing strategic workforce KPIs for one participant’s organisation
- Combining human capital, HR and workforce planning to match supply and demand of talent over shorter to longer time periods
- Enabling the HR scorecard through HR management processes
- Collecting new data to support identified approaches
- Using analytics to support the strategy map and build further value around chosen metrics
- Best practice strategic KPIs for recruitment, learning and other process areas
10:00 Welcome, Introductions and Objectives for the day Approaches to HR analytic
- The strategic opportunity for using HR analytics
- Methods for generating analytical insight including comparing variables, statistics and modelling
- Statistical tools and techniques HR needs to understand
- Using techniques like root cause analysis and demographic segmentation to understand performance gaps
- Adding insight from different types of benchmarking
- Developing metrics into business intelligence by identifying the key questions that it will be helpful to use analytics to answer
- Understanding and taking account of correlation, predictive relationships and true causation
- The role of strategy mapping and the use of technology in providing future oriented insight
- Linking HR and business data to understand impact of people management activities and outcomes
- The range of analytical tools and approaches that are available
- Understanding the opportunity to use speciality analytics in particular business areas
- Gaining insight from big data through the use of new technologies
- Adding in qualitative approaches
- Developing HR’s data, technology and analytics capabilities
- Presenting information to ensure that reports get read and improve decision making
- New opportunities for visualising data
- Using HR measures in internal reporting
- An update on external reporting guidance and requirements (SHRM, CIPD Valuing Your Talent, gender pay gap etc)
Schedules
Symposium is the trading name of Black and White Trading Ltd.
Symposium’s mission is:
“To enable HR decision makers to develop people strategy to drive their organisation forward by creating professional and authoritative channels for communication, conversation and collaboration”.
To achieve this mission, we:
- Organise conferences
- Deliver training – in-house and open courses
- Produce webinars and online learning materials
- Publish magazines
- Provide HR consultancy services
We are the UK’s leading independent producer of conferences for HR and related professions. With dozens of events planned each year. Our conferences target delegates with interests in:
- HR Strategy & Practice
- Recruitment
- Health & Safety
- Pay & Benefits
- Employment Law
- Training & Development
- Diversity & Equality
- Employer Branding
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