Executives often say that “People” are their greatest asset. Human Capital Measurement is a mechanism for demonstrating those assets and reinforcing the truth of that exact sentiment.
Key Features of this Program
This course comprises of 30 hours of virtual learning having audio video facility. Recording will be available till one week after each session.
- First module is mandatory for all the participants
- To facilitate post course implementation plan, every modular learning followed by case study based evaluation of calculating metrics.
- Participants may choose to opt/not opt for evaluation. Those opt for evaluation and obtain above 70% marks in course assignments, will get “Certificate of Accomplishment” embossed with HCM Analytics Seal.
- Those who don’t opt for evaluation or get below 70% marks in course assignments, will get “Certificate of Participation”
Business Executives judge HR strategic role NOT on be the basis of emotions or activities but by the impact on the business, which is always measured in financial terms. In an increasingly competitive environment dominated by cost-cutting and tight budget justification, the role of Human Capital is becoming critical to the overall success of the organization. Currently, the workforce investments range from 18-57% of over-all operating expense at organization level. Shareholders and CEOs measure results. They are keen to have rigorous, logical, and principles-based framework for seeing the connections between human capital investments and organizational success. Numbers are the universal language of business and business managers prefer to take decision on measurable and verifiable objective data, rather than gut feelings and impulsive instincts. A key responsibility of HR is to articulate the logical connections between progressive HR practices and firm performance and demonstrate those connections with data and ratios. Worldwide, the fortune companies proudly call themselves “Metrics Fanatics” in every aspect of business management. Metrics have therefore become differentiator between top class and traditional HR department. It is a vital tool to respond to emerging organizational change imperatives and a lever to boost individual, departmental and organizational performance.