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Foundational HR Analytics

Structure Duration

One day

Time

9am - 5pm

Commencement Date

14 Nov 2017

COURSE FEE (NON-MEMBER): S$642.00* (including 7% GST)
COURSE FEE (MEMBER): S$545.70* (including 7% GST)
* Members enjoy a 15% discount before GST
* Group Discount (3 or more participants) - 10%

Introduction

In recent years, HR analytics has also gained significant buy-ins from senior executives. However, not many organisations are doing it right due to a combination of technical, cultural and capabilities factors. One of the key factor is the lack of analytics talents among the HR team. While organisations may utilise external contractors to jump start its analytics journey or work in specific analytics projects, the potential of HR analytics can only be sustainable if the organisation is able to build such capabilities internally.

The Foundational program (one-day) is aimed at HR professionals and managers who are in their early stage of HR analytics journey. The program focuses on building foundational understanding about the concepts of HR analytics, the key components and building blocks of HR analytics, and the applications of HR analytics to inform, explain and guide decision making.

 

Key Takeaways

Upon completion of this workshop, participants will be able to;

Understand what HR analytics is and what it can do for organisations
- Build a roadmap for a sustainable workforce analytics program
- Experience the key processes across the HR analytics value chain
- Conducting analyses, identifying insights and making the business case

 

Who Should Attend

HR professionals and managers who are in their early stage of HR analytics journey or looking to gain more awareness about the topic

 

Programme Outline

  1. What is HR analytics
    This session provides a general introduction of the concept of analytics, including the general utilities of analytics; why is analytics important; the potential of analytics to empower HR professionals to inform, explain and guide decision making.

    - Case Study: Talent identification and Recruitment of a Major League Baseball team (Oakland Athletics)

  2. HR analytics value chain, roadmap and maturity
    What does it take to progress along the maturity curve? This segment provides an understanding of the end-to-end HR analytics value chain and the roadmap to build HR analytics capabilities and function within an organization. The segment will also focus on the key components to sustainable HR analytics, including:

    (a) Data as the key ingredients for analytics,
    (b) Tools and technology for HR Analytics,
    (c) The people, cultural and leadership elements of HR analytics

    - Case Study: Building a HR Analytics Center of Excellence (A multinational medical and healthcare company) 

    - Group Exercise and Discussion: HR Analytics Maturity Model

  3. HR analytics in the context of the employee life cycle
    This segment provides an overview of the end-to-end HR lifecycle and the inter-connectedness among the different HR functions. It also aims to provide an understanding of the external operating environment and its impact to HR strategy and practices. The HR Lifecycle provides a comprehensive and structured approach to HR Analytics in all types of organisations.

    - Case Study: Connecting the HR functions along the HR lifecycle to diagnose and formulate HR Strategy (A multinational consumer goods company)

  4. HR analytics to inform, explain & guide decision making
    This segment demonstrates the utility and application of HR analytics to inform, explain and guide key decision making through a number of case studies.

    - Case Study:
    1) Analysis of external talent supply to inform and recognize the talent acquisition challenges in a geographical expansion plan in China (A healthcare devices company in China)
    2) A multi-factor analysis to understand key drivers for high employee turnover (A packaging plant in East China region)

    A location-based human capital analysis to guide the selection of manufacturing plant location (A multinational manufacturer looking to increase its manufacturing capacity)

  5. Business case (Group exercise)
    Participants to work on the business case solution in groups. The participants are required to study the context of the business case and identify the issues or problems faced by the organisation. Each group will take turn to present their analysis and findings. The exercise will be facilitated.

  6. Recap/ Q&A
    The facilitator will recap the discussions and key learning points throughout the two-day program, provide a summary as key takeaways, and final round of Q&A.

 

Programme Trainer

Derrick Yuen with more than 12 years of consulting experience across many functions (finance, operations & HR) and industries (FMCG, Aviation & Pharmaceutical) in both the public & private sector. He also designed and built an in-house HR analytics platform and consulted with business leaders on a wide range of critical Human Capital issues; including risk management, greenfield investments, strategic workforce planning for over 120 markets around the world. Derrick holds a Bachelor’s degree in Engineering from the National University of Singapore as well as an MBA from the University of Southern California

 

Local Enquiries
etc@mdis.edu.sg
+65 6247 9111
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+65 6278 8000
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