Mastering Workforce Analytics

Introduction:

This course trains participants in people analytics, providing both foundational and advanced knowledge through practical exercises, the use of real data, and exposure to the most current tools.

Throughout this course, participants will delve into the complexities of people analytics by analyzing behavioral data critical to effective organizational management, leading to a rethinking of how businesses optimize their operations.

The training equips participants with the ability to make data-driven decisions, aligning team needs with organizational goals.

These are just a few examples that illustrate why it is important for future leaders to step back from daily responsibilities to gain strategic perspective. These data-driven choices will emphasize the importance of metrics in HR strategy development, impacting all departments within an organization, from hiring decisions to staff retention and employee engagement rates. Forward-thinking companies must consider trends in employee engagement, as they can significantly influence customer satisfaction and overall organizational success.

Objectives:

Upon completion of this Mastering Workforce Analytics Course, participants will be able to:

• Recognize their roles as managers and leaders within the realm of people analytics.
• Set clear objectives based on people analytics solutions.
• Utilize prioritization techniques, delegation methods, and time management tools effectively.
• Enhance their influence by applying insights derived from various personnel analysis case studies.
• Develop recruitment strategies linked to people analytics.
• Build high-performing teams using principles of people analytics.
• Develop team members and deploy advanced people-wide analytics.

Training Methodology:

• Decision-Driven Data-Making Exercises
• Role-Playing Activities
• Real-World Data Analysis
• Tool Demonstrations
• Collaborative Problem-Solving Sessions
• Industry Best Practices Review

Course Outline:

Unit 1: HR Analytics for People Management:

• Competency Acquisition Analytics
• Capacity Analytics for Efficiency Measurement
• Employee Churn Analytics
• Corporate Culture Analytics
• Recruitment Channel Analysis
• Leadership and Management Performance Analytics
• Employee Performance and Productivity Metrics Data

Unit 2: How Behavioral Economics Can Reinvent HR:

• Applying Behavioral Economics Principles to Strategic HR Planning
• Contextualizing Choices for Employees Using Data Insights
• Crafting Messages that Guide Behavior Change
• Deploying Nudges in Messaging to Improve Performance
• The Power of Default Options in Decision Making
• Mental Accounting in HR Decision Contexts

Unit 3: Competency Frameworks and Performance Management Data:

• Introduction to Competency Frameworks
• Basics of Competency-based Measurement Approaches
• Creating a Strong People Analytics-Based Competency Framework
• Utilizing Data within Performance Management Systems
• Successful Implementation of an Evidence-Based Appraisal System

Unit 4: Data-driven People Management for Improving Performance:

• From HBR Cases to A/B Tests with Real Case Studies
• Group Activity: Rework Team Dynamics & Organizational Structure Using Actual Information
• Steps Towards Forming Effective Teams in the People Analytics Department
• Analyzing the Data: Deep Dive Discussion (Group)
• Action Your Findings: Implementation Strategies (Individual)

Unit 5: Data-driven Decision-making and Problem-solving for People Management:

• Identifying Causes of Ineffective Decision-making Due to Poor Data Quality
• Building a Data-based Model for Better Decision-making
• Application Exercise in the Classroom Using Case Studies Based on Real-life Scenarios
• Employing Probing Questions, Analytical Thinking, and Critical Thinking
• A Survey of Established DMPST Tools Based on Information