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People Analytics Training Course » HRM52

People Analytics Training Course

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DateFormatDurationFees
19 Dec - 23 Dec, 2022Live Online5 Days$1800Register
06 Mar - 08 Mar, 2023Live Online3 Days$1400Register
28 May - 01 Jun, 2023Live Online5 Days$2050Register
28 Aug - 01 Sep, 2023Live Online5 Days$2050Register
26 Nov - 30 Nov, 2023Live Online5 Days$2050Register
DateVenueDurationFees
07 Nov - 11 Nov, 2022Houston5 Days$4750Register
02 Jan - 06 Jan, 2023Dubai5 Days$4345Register
15 May - 19 May, 2023Toronto 5 Days$5125Register
24 Jul - 26 Jul, 2023New York3 Days$4100Register
13 Nov - 24 Nov, 2023Mumbai 10 Days$8825Register

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Course Overview

What are People Analytics? People analytics is a process of collecting and analyzing Human Resource (HR) data to enhance an organisations’ workforce performance. People analytics is also known as HR analytics. Organisations prosper when the people who work in them prosper. Analytics can help make both happen. It can be referred to as talent analytics, or even workforce analytics.

What is the purpose of HR Analytics? HR analytics provides data-driven insights on what is working well and what is not, to make improvements and plan the future effectively. HR Analytics helps monitor and improve employee engagement, employee retention, employee wellness, employee productivity, employee experience, and work culture.

HR Analytics helps leaders make decisions based on deep analysis of data rather than the traditional methods of personal relationships & experience.  The state-of-the-art techniques help analyze data around recruitment, performance evaluation, leadership, hiring and promotion, job design, compensation & benefits, and collaboration. It helps in streamlining processes in organisation around people development. It helps change the focus to holistic and data-driven decision-making.

Zoe Talent Solutions has designed this course on People Analytics to help change the perspective of management and HR professionals to rely on modern people management procedures. Through designing interactive HR KPI’s, viable business models can be built and sustained. The costs and manual efforts can be reduced significantly by analyzing patterns in turnover, training opportunities to improve employees’ performance, and any other questions in HR.

Course Objectives

By the end of the People Analytics Training Course, the participants of this course will be able to:

  • Understand people analytics and its requirement
  • Apply People Analytics in the realm of their business
  • Learn the process of developing and using HR analytics
  • Develop and construct HR metrics and HR strategy maps for strategic outcomes
  • Use association, degeneration, and advanced business analytics to achieve business outcomes
  • Learn to use dashboards, pivot tables to support decision making
  • Understand and work on talent data across employee life cycle
  • Identify, understand, and resolve any issue strategically with root cause analysis
  • Obtain an improved analytical solution to challenges faced by business
  • Collect and refine data
  • Apply feature engineering techniques to urge the foremost out of knowledge
  • Utilize machine learning on HR Data and predicting futuristic insights
  • Achieve effective outcomes in recruitment, L&D, Compensation and performance management by using metrics
  • Create value for HR departments by aligning HR procedures and Business outcomes

Training Methodology

People Analytics Training Course is a niche, skill development course, designed by Zoe Talent solutions specifically for HR professionals who have or aspire to develop an analytical bent of mind for organizational decision making and success. This course enables exposure into automation tools that help put the concepts into practice for strategic benefit.

Technical experts who can help automate data and derive conclusions for success, collaborate with participants. Follow-up support can be provided basis the client requirement, which can be discussed separately.

Zoe Talent Solutions follows the ‘Do-Review-Learn-Apply’ model.

Organisational Benefit

Organisational Benefits of employees who participate in People Analytics Training Course will be as below:

  • Demonstrate effective decision-making by leveraging strategic workforce planning
  • Connect different sets of data across team building cohesion, making the findings seamless across functions
  • Function on clean and structured data gathering and analysis
  • Organisation would be able to make improved decisions using data
  • Enable creation of business case for HR interventions and test the effectiveness of the interventions
  • Organisation would have an improved hiring process that saves costs
  • Effectively reduce attrition and improve the employee experience
  • Organisation would have a highly productive workforce, by constantly assessing and improving engagement
  • Efficiently Enhance talent processes, maximizing benefits
  • Create a sense of belonging

Personal Benefits

Participants who enrol in this People Analytics Training Course will benefit in the following ways:

  • Learn the critical role of People Analytics
  • Learn to analyse and conclude business proposal using analytics
  • Participants would be able to summarize Performance Appraisal from the data
  • Learn to conduct a strategic analysis of the organisation and make logical decisions
  • Identify the ways to design and develop the business strategy based on data
  • Learn to develop solutions using statistical analysis, models or diagnostic modelling
  • Participants would be able to formulate and assess methods for collecting data (e.g., surveys, questionnaires, or opinion polls)
  • Assess and analyse budget proposals for comprehensiveness, accuracy, compliance, laws, and regulations
  • Devise efficient and effective ways of operating by conducting simplified and measured surveys

Who Should Attend?

Strategy consultants, HR professionals with analytical bent of mind, Leadership and Management of progressive organisations that believe in staying ahead of time.

Course Outline

Below is the course outline and the modules that would be covered during People Analytics Training Course:

Module 1: Basics of People Analytics

  • Understanding People Analytics
  • Need and importance of People Analytics
  • Tools needed for data analytics
  • Areas where analytics can be applied
  • People analytics cycle
  • Evolution of People analytics
  • Areas & benefits – People analytics
  • Key Levels of People analytics

Module 2: Importance of People Analytics Skills

  • Makes data-driven decision making possible
  • Enhances business performance
  • Upgrade existing programs and processes
  • Unravel critical business difficulties
  • Increase regard for human resources
  • Build valuable administrative relationships
  • Surge support for human capital

Module 3: People Analytics Cycle

  • Determining stakeholder requirements
  • Defining research and analytic program (Long term or short term)
  • Identifying the source of data to conclude hypotheses
  • Collecting the data
  • Conversion of data
  • Communicating data-driven insights
  • Developing strategies and making decisions based on evidence

Module 4: Operational Analysis

  • Charts and Trend Analysis
  • Statistical Analysis
  • Benchmarking industrial & organisational processes
  • Operational Reporting
  • HR Dashboards

Module 5: Strategizing and Quantifying People Analytics

  • Linking HR to Business Drivers
  • The HR Business Framework
  • Balance Scorecard
  • Strategy Maps
  • Strategy Themes
  • Associating HR objectives with Lead and Lag Indicators
  • The Balanced Scorecard Approach
  • Lag Indicators
  • Lead Indicators

Module 6: People Analytical Skills  

  • Research and Reporting
  • Anticipating and resolving problems
  • Data mining and Organising the data
  • Data and metrics interpreting
  • Creativity and Communication
  • Diagnostics and Troubleshooting
  • Identifying theory and Brainstorming

Module 7: Anatomy of Statistical Modelling

  • Linear Regression
    1. Simple Linear Regression
    2. Multiple Linear Regression
  • Classification
    1. Logistic Regression
    2. Discriminant Analysis
  • Resampling Methods
    1. Bootstrapping
    2. Cross-Validation
  • Tree-Based Methods
    1. Bagging
    2. Boosting
  • Unsupervised Learning
    1. Principal Component Analysis
    2. K-Means Clustering
    3. Hierarchical Clustering

Module 8: Applying People Analytics

  • Centralizing employee data (data repository)
  • Creating dashboard (Includes internal and external data)
  • Building analytical capabilities (enhancing skills through trainings)
  • Bringing analytics into practice (impact vs. effort matrix)
  • Monitoring improvement (Correcting inefficiencies, errors, and risks)

Module 9: People Analytical Challenges

  • Collection of Data
  • Incorporating data
  • Lack of skills
  • Insufficient IT resources
  • Privacy and compliance
  • Scarcity of management support
  • Shortage of funding
  • No or unorganized process

Module 10: Tools Used for People Analytics

  •  Python
  • Excel
  • Power BI
  • Tableau
  • Visier
  • Qlik
  • SPSS
  • CPLEX Optimizer

Module 11: FAQ’s, Data Analysis Tools and Hands-on Practice, Case Studies and Discussions

  • Analyse data during session and see the impact
  • Participate in group activity to analyse data and build strategy through a case-based discussion
  • Meet with technical experts to see how automation tools can enhance efficiency and results

 

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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.