Workforce Analytic Linking Workforce To Business Strategies

Learn how to align your workforce strategy to business objectives. Johnson & Johnson alumni with 15+ yrs of experience

Last updated 2022-01-10 | 4.5

- The business imperatives of aligning workforce to business strategies
- Understand the definitions and differences between workforce and business strategy
- Step-by-step guide to align workforce to business strategy

What you'll learn

The business imperatives of aligning workforce to business strategies
Understand the definitions and differences between workforce and business strategy
Step-by-step guide to align workforce to business strategy

* Requirements

* Basic knowledge of HR

Description

To view our complete offering, search for "Jeff Higgins".

More about this Course

The use of workforce analytics by HR professionals is on the rise, but is it translating to better business results? The use of workforce analytics by HR professionals is on the rise, but is it translating to concrete business results?

To ensure that HR prescriptions would lead to the desired business results, organizations will need to make sure that their workforce and business strategies are well linked and aligned. This short course will help you do just this using metrics, KPIs and the science of analytics.

What We'll Cover

  1. Why bother aligning workforce to business strategies

  2. How to use analytics to build a bridge between HR and Finance

  3. A complete guide with examples to linking workforce to business strategies

What This Course is NOT about:

  • How to use R and Python in talent management

  • How to build machine learning program or statistical model

  • How to set up SQL database or connect data from various sources

Course Agenda

Course Agenda

Section 0: Course Introduction

Section 1: Aligning Workforce to Business Strategy

  • Why bother aligning workforce to business strategy

  • Linking workforce to business strategy

  • Building a bridge between HR and Finance

  • A step-by-step guide to link workforce to business strategy

  • Workforce strategy linkage example: Oil & Gas

  • Workforce strategy linkage example: Financial Services

  • Hands-on Exercise: Linking workforce to business strategy

Section 2: Workforce Analytics Review & Next Steps

What Our Students Are Saying

Since 2009, HCMI’s expert training has helped hundreds of organizations strengthen their in-house workforce analytics & planning capability, including many Global 2,000 companies, nonprofits, healthcare organizations, and major government entities around the world. 

"I don’t believe in testimonials, however this workshop more than lives up to the expectations. It was very well presented and answered many questions and created more–which is exactly what I needed on our journey in HR metrics." ~ Director Human Resources, Washington Health System

"This course is a ‘must’ for HR professionals. The ability to ‘manage by fact’ is a key competency, not only for business units, but also for HR practitioners." ~ Senior Vice President, HR at OCBC

"The Workforce Analytics Training workshop conducted by the Human Capital Management Institute provided a vast amount of information on various HR metrics. The numerous case studies they discussed during the workshop clearly demonstrated how the metrics can be used in organizations to provide valuable data for making business decisions. I would recommend this workshop to anyone interested in gaining a better understanding of the utilization of HR metrics." ~ Edison Mission Energy

"The excellent service your company has provided me through your assistance and feedback has given me, as a consumer, more reasons to conduct future purchases from you." ~ Fadi Radi, Napcogroup

"A practical easy to follow training session on workforce analytics. I will recommend this to anyone wishing to make smarter insightful human capital decisions." ~ Head of HR, World Bank Group

"Of all the workshops I’ve attended, this resonated continuously." ~ EDS, a Hewlett-Packard Company

"Very good training ground for HR professional who wanted to drive workforce analytics in the organization." ~Vice President, ASTRO

"Excellent materials that were very well presented." ~ ConocoPhillips Inc.

Course Agenda

Section 0: Course Introduction

Section 1: Aligning Workforce to Business Strategy

  • Why bother aligning workforce to business strategy

  • Linking workforce to business strategy

  • Building a bridge between HR and Finance

  • A step-by-step guide to link workforce to business strategy

  • Workforce strategy linkage example: Oil & Gas

  • Workforce strategy linkage example: Financial Services

  • Hands-on Exercise: Linking workforce to business strategy

Section 4: Workforce Analytics Review & Next Steps

About Human Capital Management Institute (HCMI)

HCMI's mission is to fundamentally change how workforce decisions are made by linking people investments to business outcomes through advanced analytics and dynamic visualization. Nearly a decade ago we pioneered the rigorous financial measurement of Human Capital ROI with the Human Capital Financial Statement (HCF$™ ), a strategic tool for senior leaders to optimize workforce decisions regarding capability, capacity, cost, and performance. 

In 2016, having developed sophisticated workforce analytics tools for 100's of consulting projects across the globe, we pioneered SOLVE™  Workforce Intelligence Software, the first workforce analytics software that links workforce investments to business outcomes. And in 2018, we create the HCMI Online Academy to provide on-demand global access to our world-class workforce analytics and workforce training curriculum.

Today, HCMI and SOLVE™ remain industry leaders. With our headquarters in the thriving technology hub of L.A.'s Silicon Beach and a presence 3 continents, we continue to innovate our technology and services to provide organizations with the actionable intelligence to maximize the return on their workforce investments.

Helping analysts, HR professionals and business leaders develop their Workforce Analytics and Planning capability since 2009.

Who this course is for:

  • HR practitioners and manager curious about how to align workforce to business strategies for optimal results

Course content

3 sections • 22 lectures

About HCMI and your instructor Preview 02:59

About HCMI and our trainer...

Recommended Workforce Analytics & Planning books Preview 01:50

Top books to read on Workforce Analytics and Planning books

Course intro, agenda and goals Preview 02:21

Why Bother Aligning Workforce to Business Strategy Preview 09:38

What you can expect to get out of this short course

Quick Quiz - Lecture 4

Linking Workforce to Business Strategy Preview 21:18

Quick Quiz - Lecture 5

Building a Bridge Between HR and Finance Preview 05:16

Quick Quiz - Lecture 6

A Step-by-step Guide to Link Workforce to Business Strategy Preview 28:11

Quick Quiz - Lecture 7

Workforce Strategy Linkage Example: Oil & Gas Preview 03:48

Quick Quiz - Lecture 8

Workforce Strategy Linkage Example: Financial Services Preview 03:03

Quick Quiz - Lecture 9

Linking Workforce to Business Strategy

Getting your workforce metrics, interventions and strategy to work for your business objectives

Best Practices and Key Analytics Project Steps Preview 01:06

For your own Workforce Analytics journey

Section Quiz

Test your new knowledge

Additional Links & Reading Materials Preview 00:19

Workforce Analytics Review Preview 10:03

For your own Workforce Analytics journey

Next Steps Preview 00:34

More Workforce Analytics Resources Available Here Preview 00:13