Strategic Human Resources Management

By the end of this course, Strategic Human Resourses Management, participants will be able to:

• List the main cycles in human resources and the critical steps of 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 planning and budgeting approaches and how and when to use each

 Target Audience

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. This course is also suitable for those employees who are targeted for development or promotion within the HR function.

Course Outline :

• 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