Course Objectives
Maximizing the Impact of Human Capital - Virtual Learning
Course Objectives
By the end of the course, participants will be able to:
Demonstrate a thorough understanding of HC and of its impact
Develop HC KPIs and related scorecards
Adjust organizational processes through HC process value analysis
Describe the components of an HC financial index
Explain how HC can impact existing and futuristic management decisions
Target Audience
Human resources and human capital managers, business partners and team leaders interested in human capital contributions
Target Competencies
Analytical thinking
Business acumen
Management
Achieving goals and objectives
Financial analysis and decision making
Course Outline
The real value of human capitalHuman resources versus human capitalPeople informationThe importance of data-to-value cycleIntellectual capacity:Process and cultureIntellectual property
Human capital performance
How to measure human capital impact on the goalsHC value circleHC KPIs from definition to applicationHuman economic value addedHuman capital cost factorHuman capital value addedHuman capital ROIHuman capital market valueHuman capital scorecard
Human capital process
Human capital impact on processesHuman capital in processesProcess value analysisFramework of an effective processPerformance matrixHuman capital effects
Human capital management
Human capital impact on managementHuman capital management STARThe future of HCM
Acquisition functionsMaintenance function (benchmarking and surveys)Development functionsRetention functionsTrends in functional outsourcing
Human capital ROI
Human capital impact on the financialsExample on human capital income statement (P&L)Human capital financial indexOutsourcing ROIMergers and acquisitionsObjectivesProgramsMeasures