Strategic Human Resources Management

In modern organizations, Human Resources (HR) cannot limit itself to merely an implementation role. Its approach to managing the function needs to expand in order to truly become a strategic partner in the business. This course will help you learn about the tools and techniques used in drafting and developing HR strategies. It will also equip you with the knowledge and the skills you need to translate such strategies into actions. Furthermore, the course will enable you to link the HR strategy to that of the organization and provide real value-adding HR solutions, presenting them in a language organizational management understands.

Awarding Body

London Institute of
Business & Technology

Duration

5 Days
25 Hours

Start Date

All Year Around

Study Mode

Classroom OR
Distance Learning

By the end of this programme, the participant will be able to:

  • List the main cycles in human resources and the critical steps in each
  • Define strategic HR management and draft an HR strategy
  • Explain the vital Key Performance Indicators (KPIs) which should be constantly monitored in HR
  • Assess employee morale and determine a formula for calculating it objectively
  • Differentiate between types of turnover and determine how each should be calculated
  • Describe the main types of performance management and appraisal rating systems and how and when to use each
  • The main cycles in human resources management
    • HR strategy cycle
    • Recruitment and selection cycle
    • Training and development cycle
    • Performance management cycle
    • Compensation and benefits cycle
  • Strategic HR management
    • Situation analysis
    • ‘SWOT’ analytical tool
    • ‘PEST’ analytical tool
    • ‘PEDSTL’ analytical tool
    • HR strategy
      • Visions and missions
      • HR strategic goals
      • Critical success factors in HR
        • Key result areas
          • Key performance indicators
        • Core competencies
        • Core values
      • Measurement of each critical success factor category
    • Measuring human resources
      • Measuring HR strategies: the main KPIs
      • Human resources versus human capital
      • Return on Human Capital (ROHC) and Cost of Labor (COL)
      • Human Value Added (HVA) and Profit per Employee (PPE)
      • Employee morale and employee satisfaction indices
      • Other HR metrics
      • HR scorecards and dashboards
      • The balanced scorecard
  • Employee turnover
    • Turnover versus attrition (gross and net turnover)
      • Voluntary versus non voluntary separation
    • Analyzing turnover: interpreting the data
    • Cost of turnover for organizations
    • Healthy versus unhealthy turnover
    • Turnover index
  • Managing employee performance
    • Tangible versus intangible appraisal systems
    • Samples of best (and not so) practices
    • Behavioral rating
    • Management by Objectives (MBO) systems
    • Competency based appraisals
    • 180° and 360° systems
    • Forced ranking and the bell curve: advantages and warnings
    • Keys to success and failures of performance management systems

Human Resources managers and senior professionals, specialists, team leaders, and business partners in the function who seek to broaden their knowledge and improve their skills in the key functions of HR as well as those who are responsible for evaluating HR and its effectiveness in the organization. The course is also suitable for those employees who are targeted for development or promotion within the HR function.

5-day training programme – 1,790 USD

How many students are there in a classroom?

It depends on how many would enroll per intake. Even if the number of students are just 1, we still continue with the training as planned. The maximum number of students we will have in a classroom is 10.

Can I request a date that is convenient for me?

Absolutely! We will arrange the training that is convenient for you. The training date is completely customizable.

Can I change the course content?

Yes, if the contents of the course needs to be changed, please let us know. We will communicate with you and get a course outline that works for you finalized.

Does it matter which industry I work at?

It really doesn’t. We take cases and discuss them to cover your industry. If you need the course to be customized and tailored to your industry, we can also do that. You’d have to let us know in advance by filling out the form below.

How many students are there in a classroom?

It depends on how many would enroll per intake. Even if the number of students are just 1, we still continue with the training as planned. The maximum number of students we will have in a classroom is 10.

(The fees include coffee breaks, study materials and working lunches daily)

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