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Strategic Human Capital Management Training Course » HRM30

Strategic Human Capital Management Training Course

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DateFormatDurationFees
27 May - 31 May, 2024Live Online5 Days$2050Register
05 Aug - 09 Aug, 2024Live Online5 Days$2050Register
10 Nov - 14 Nov, 2024Live Online5 Days$2050Register
DateVenueDurationFees
08 Apr - 12 Apr, 2024Dubai5 Days$4250Register
13 May - 17 May, 2024Barcelona5 Days$5125Register
20 May - 24 May, 2024Dubai5 Days$4250Register
24 Jun - 28 Jun, 2024Dubai5 Days$4250Register
15 Jul - 19 Jul, 2024Dubai5 Days$4250Register
19 Aug - 23 Aug, 2024Dubai5 Days$4250Register
23 Sep - 27 Sep, 2024Dubai5 Days$4250Register
28 Oct - 01 Nov, 2024Dubai5 Days$4250Register
11 Nov - 15 Nov, 2024Dubai5 Days$4250Register
24 Nov - 28 Nov, 2024Jeddah5 Days$4345Register
09 Dec - 13 Dec, 2024Dubai5 Days$4250Register

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Course Overview

The face of business has changed globally with the constantly changing economy, the rapid advancement in technology, the change in the political scenario, the change in social norms and, also the change in the mindset of the people.

In an environment, such as this, it became important for the businesses to look at their Human Resource function from a more strategic perspective.  The HR function, which earlier held the role of a support function, now has taken on an important role in the board rooms throughout the world.

The change in the scale has led to the HR incorporating interventions that influence the organization’s capability, performance, and productivity. Now, the Human Resource managers are on the lookout of finding ways to create sustainable competitive advantage through several employee engagement activities.

With this perspective, we are pleased to offer this course, which will provide all its participants with the opportunities to excel in their role as Human Resource professionals.

This course on Strategic Human Capital Management by ZOE Talent Solutions will empower Human Resource professionals to drive business growth.

This will also help you to respond effectively, create competitive advantage, address the challenges and the dynamism of your respective businesses timely, thus, ensuring the success of your organization’s blueprint.

Course Objectives

By the end of this Strategic Human Capital Management Training program the participants will be able to:

  • Appreciate the significance of human resource management as a strategic function in the organization
  • Develop Capability to understand the strategic HR issues in companies
  • Enable the participants to make more appropriate choices in the dynamic business environment
  • Create sources of sustainable advantage in the organisation through strategic human resource interventions
  • Draft an HR Strategy and creating an HR budget
  • Outline the Key Performance Indicators for all the services offered by the HR department
  • Quantify, Assess and Determine the formulae for calculating employee engagement, employee satisfaction and morale
  • Understand the life cycle of an employee in the company and, the role of the Performance Management System in employee retention
  • Build an ethical organisation

Training Methodology

We at ZOE Talent Solutions, follow a combination of theory and practical application of the concepts to meet your requirements.

A highly interactive presentation will include simulation exercises, management games, paper-pencil exercises, activities, role plays, videos, real-life situations, case studies, and practice sessions.

You will get a strong grip on the strategic knowledge of this function and a practical understanding to better adapt and, apply to your organization.

ZOE Talent Solutions follows the method of Do-Review-Learn-Apply.

Organisational Benefits

The corporates and the business units will benefit in the following ways:

  • Increase productivity by linking of the HR policy and practices with the strategic aims of the organization
  • Alignment of HR goals to the departmental and organizational goals – the strategic vision and mission of the company to become a market leader
  • Develop a comprehensive performance management system and build a performance-oriented culture to address challenges in employee turnover, attrition, and others
  • Make other departments and the organisation stronger and more effective
  • Enhancement of employee engagement and motivation
  • Build an ethical organisation

Personal Benefits

The Personal Benefits for the attendees of the program will be:

  • Develop an understanding of the strategic management process in HR
  • Build and enhance the competency of self to conduct analysis using various tools and frameworks to make strategic decisions in the organisation
  • Understand how to assess, identify, and implement an appropriate growth strategy
  • Develop your leadership skills, an ability to interpret data, solve problems and drive innovation in the business
  • Grow a strategic mindset to diagnose problems and make practical recommendations
  • Become a Talent advocate, change leader, and people’s person

Who Should Attend?

This program should be attended by:

  • CEOs
  • HR Heads
  • HR Managers
  • Senior professionals (involved in Strategic planning and implementation)
  • HR Specialists
  • HR Team Leaders
  • HR Business partners
  • Line Managers

Course Outline

This Strategic Human Capital Management Training Course will include the following modules:

MODULE I- INTRODUCTION, CONTEXT, KEY TERMS

Understand the Main Cycles in Human Resources (HR) Management

  • HR Strategy Cycle
  • Recruitment and Selection Cycle
  • Training and Development Cycle
  • Performance Management Cycle
  • Compensation and Benefits Cycle

MODULE II – STRATEGIC HR MANAGEMENT

  • The changing face of HR
  • How HR can benefit the strategic value to the organization
  • Different strategic tools and their application
  • Situation Analysis
  • SWOT Analysis
  • PEST Analysis
  • PEDSTL Framework
  • Balanced scorecard

MODULE III – HR VISION AND MISSION

  • Strategic Goals of HR department
  • HR and its Critical Success Factors
  • How to identify KRA’s and KPI’s for HR
  • Core Competencies and Core Values of HR department

MODULE IV – QUANTIFYING AND MEASURING HUMAN RESOURCES

  • Measuring KPI’s
  • Human Resources versus Human Capital
  • Developing HR Dashboards and Balanced Scorecard

MODULE V – EMPLOYEE RETENTION AND TURNOVER

  • Turnover versus Attrition (Gross and Net Turnover)
  • Voluntary versus Non-Voluntary Separation
  • Examining Turnover

MODULE VI – MANAGING EMPLOYEE PERFORMANCE

  • Chalking out a Performance Management System
  • Identification of the right appraisal system for your organization
  • Management by Objectives (MBO) System
  • 180 Degrees and 360 Degrees Systems
  • Competency-Based Appraisals
  • Competency Dictionary
  • Forced Ranking and Bell Curve: Necessity, Advantages, and Disadvantages

MODULE VII – HR BUDGETING AND SALARY PROJECTIONS

  • Method of HR Budgeting
  • Salary Projections
  • Trends in HR
  • Benchmarking

MODULE VIII – DIVERSITY ISSUES AND, BUILDING ETHICAL ORGANISATIONS

  • Creating a transparent and ethical culture
  • The impact of factors – external and internal on change
  • Latest developments in HR across industries
  • Strategic HR Management and international business relationships

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Customized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.