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UsingHUMAN CAPITAL ANALYTICSto Drive Business Results
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Global research shows that companies which excel at people analyticsare 3.1 times more likely to outperform their peers financially. Read this article:https://www.insidehr.com.au/outperform-competitors-people-analytics/
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. As the economy becoming service intensive, shareholders are beginning to realize that company’s true competitive advantage lies in human capital management.
BBusiness leaders don’t judge HR strategic contribution because of emotional activities in the organization but by the IMPACT on the business, which is always measured in financial terms. Numbers are the universal language of business. Organizational leaders prefer to take decisions on evidence-based data. Shareholders, board members, CEOs, CFOs all measure results. They are keen to see verifiable connections between human capital investments and organizational outcomes.
HHR traditional model of using subjective emotions and gut feelings for workforce decisions is woefully inadequate. A key responsibility of HR leaders is to relate workforce investment with organizational performance and demonstrate the relationship with data and ratios. Analytics have thus become a differentiator between top class and traditional HR department.
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Consulting Training Dashboard
Participants will gain proficiency in using evidence-based for strategic contribution towards organizations
goals & objectives.
A measurable contribution towards organization bottom line can help HR professionals to improve their positioning in the organization and pave way for their personal and professional career growth.
Identify measurement opportunities; diagnose HR financial & operational measures, understand the messages in measured data, with a view to become competitive, cost effective & yeyet responsive to business
needs.
Quantify HR department’s contribution to the overall bottom line, through solid, factual, & verifiable data & analyze toughest workforce decisions with easy-to-use mathematical formulas.
Integrate measurement analytics with action plan through bench-marking, to achieve and surpass indus-
try standards.
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We analyze specific need of the organization within industry context to provide best fit HR solution that can enhance workforce productivity in measurable terms. In the past we provided data driven HR benchmarks, training or consulting to following organizations.
SHRM Conference & Exposition2019 at Las Vegas USA
CBSDMoscow
CEO and C-suite ExecutivesEY Ford Rhodes Karachi
CEO and C-suite Executives Orix Leasing
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COO & Top Leadership TeamInstitute of Chartered Accountants Pakistan
Engro Polymer & Chemicals Limited
Engro Fertilizers Limited COO and Operations TeamByco Petroleum Limited
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Pakistan Petroleum Limited Chairman, CHRO and HR TeamDescon Engineering Limited
Fatima Group Bayer Pharma
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PTCL wi-tribe
Ali Akbar Group CEO and Leadership TeamPakistan Poverty Alleviation Fund
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We also provide public and in-housetraining programs to meetprofessional development
needs.Here is a glimpse of our alumni.
RAHIM KABANI Director HR Jewlr.com
NADIA AKBAR HUDAPeople Director
CBRE
SADAF FATIMADeputy Director HRSindh Revenue Board
UZZMA HAYAT KHAN Head of HR and Admin
Greenstar Social Marketing Pakistan
UMAIR SABIR Senior Manager HR
Pak Oman Microfinance Bank Limited
SUMMAIRA FAISALSr. Manager HR
Pakistan Poverty Alleviation Fund
REHAN SAJID HR Manager
Group Development Pakistan (GD Pakistan)
ANAUM JANJUASr. Manager HR & Corporate Communications
Team Reactivate
ASGHAR ALIManager HR-Benefits & Performance
Exceed IT Services
AVE JOSEPHINE DAVID Manager HR
Sabre Travel Network Pakistan (Pvt.)Ltd.
SHOAIB HAIDER Manager Employee Relations Bank Al Habib Limited
RAFEA AHMEDManagement Executive HR
Pakistan Poverty Alleviation Fund
MUHAMMAD ADIL AKRAM Senior Industrial Relations Officer Pakistan Petroleum Limited
MUJTABA ALI KAZISenior Officer HR (OD)Bank Al Habib Limited
SYED ALI HASNAINSenior Employee Relations OfficerPakistan Petroleum Limited
MUHAMMAD MUSHTAQ PATNISenior Employee Relations OfficerPakistan Petroleum Limited
MIR USAMA MAZHAR HR Officer
Pakistan Petroleum Limited
USMAN SHABBIRAssistant Manager Corporate Administration
PTCL
DANIYAL OMER BUGTI Training Officer
Pakistan Petroleum Limited
FARHAN ALI MARRIRecruitment Specialist
Samba Bank
ADI MAZENHR Manager
Eagle Distilleries Company, Jordan
SHAMS IQBAL KHAN Freelancer
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We can provide you cloud based “Performance Scorecard” for developing and real time monitoring of key HR metrics. It is real time, multi-lingual easy-to-use, web-based performance software solution that incorporates an accountability system,
communication process and a robust engagement.
RReal-time dashboards provide a complete picture of your business. Regardless of whether you need a strategic or a tactical view, our customizable dashboards give
each leader the personalized view they need.
Link corrective actions to metrics/KPIs so you can monitor and influence performance outcomes. Give leaders the tools necessary to have effective one on one objectives setting
discussions with employees.
With corrective actions tied directly to the scorecard, leaders can quickly see what is happening, who has taken the action and when it is due. Actions can be tied to a metric or
tied to the team for project activities.
Color Coded: like scorecards, make actions visible so you can easily see
overdue items.
Root Cause: Add comments that detail the root cause of the issue to help reduce the research time for
issues in the future.
Visibility: Immediately upon sign-on, users will see all their open actions. Eliminate the "I wasn’t aware" or "I didn’t know", therefore removing
ignorance as an excuse.
History: See the complete audit trail of target date and responsibility changes to the action so leaders can make more informed decisions.
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Shareholder wealth creation cycle.Shift in organizations’ value proposition from tangibles to intangibles.New concept of Stakeholders CapitalismRole of accounting and finance.Understanding balance sheet, income statement and cash flow statement.Budgeting methods: zero based, activity based, incremental and formula based.MMeasuring compounding and discounting interest rate for investmentCalculating cost benefits analysis, breakeven, profit margin, ROIHR Measurement framework
Four levels in data analysisDifferentiating between activity Analytics and Impact Analytics.Converting raw intangible people data to Analytics, analytics and financial outcomesGap analysis, benchmarking and objective setting Ensuring data integrity through reliability and validityFinding data central tendency through mean, media, modeUUsing percentiles and quartiles for data frequency distributionData variance analysis, ratio analysis, trend analysis, scenario analysisData presentation tools: pie chart, histogram, trend line, Pareto, scatter diagram.Common HR data sources and how to evaluate themCommon errors in data analysisChallenges and opportunities in HR measurementPrinciples for aligning human capital analytics with organizational strategy
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Recruitment Yield*Job Offer Acceptance Ratio*Time to Hire*Cost per Hire*Hiring to HR Cost Ratio*New Hire Retention Quality*NNew Hire Performance Quality*Unfilled Jobs*Opportunity Cost of Unfilled JobsHiring Impact and ROI
Total Turnover Rate*Voluntary Turnover Rate*Involuntary Turnover Rate*Turnover in Critical PositionsFemale Turnover Rate*Cost of Voluntary TurnoverRRetention ROI
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ADDIE ModelCompetent Employees RatioTraining Hours per Employee*Internally Trained Ratio*Employees Trained Ratio*Training Cost per Employee*TTraining to HR Cost Ratio*Training Satisfaction RatioTraining Comprehension RatioTraining Transfer to Workplace RatioTraining Impact on Business RatioTraining ROI
Home Grown Leaders Ratio*Leadership Quality Ratio*Succession Coverage Ratio*Succession Readiness Ratio*Career Growth RatioCareer Path Ratio*PPromotion Ratio*Rotations Ratio*Placement Ratio*Internal Hiring Ratio*
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Workforce Segments Ratio*Workforce’ Tenure Ratio*Employees per Manager Ratio*Grievance Resolution Ratio*Time to Handle Grievance*Separation Clearance Time*WWorkplace Accident Rate*Diversity Ratio*Engaged Employees RatioEngagement ROI
HR to Employees Ratio*HR to Operating Cost Ratio*Salary & Benefits to HR Cost Ratio*Salary to Benefits Ratio*Revenue per employee*Operating Cost per Employee*PProfit (EBITDA) per Employee*HR ROI
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Training manual in pdf
Practice case studies
Insightful discussions led by expert instructor.
Upon completion of course, proper test will be conducted.
Those getting 70% or above marks will get “Certificate of Accomplishment”embossed with “HCM Analytics Qualified” seal.
IIf you have previously enrolled in the course and have not been able to completeit due to not submitting the assignment or failing the exam, you can reappear(only in exam) by paying a fees of 5000PKR and receive your certificate oncethe course is completed.
Other participants will get “Certificate of Participation”.
HR Metrics is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 16 PDCs. For more information about certification or recertification,please visit www.shrmcertification.org
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Zahid Mubarik is the CEO of HR Metrics and SHRM Partner in Pakistan. He is a global
expert in human capital measurement metrics/analytics. Zahid is the only HR Leader
from Asia to become member ISO Technical Committee 260 which comprised of
experts from 11 countries including USA, UK, Pakistan, France, Germany, Sweden,
Switzerland, Austria, Norway, Netherlands and Portugal for developing global HR
standards. Zahid actively participated in HR standards meetings at Washington,
London, Melbourne, Rotterdam, Paris, Singapore, Bali and Milan. As a recognition of
hihis contribution, he was elected as Global Convener of ISO HR Metrics Standards
Working Group. During his leadership, ISO published two global HR standards
specifications including Quality of Hire and Impact of Hire”. He has the honor of
being distinguished speaker in international HR conferences/seminars at Las Vegas,
Beijing, Moscow, Baku, Hanoi and Dubai. Zahid introduced SHRM Competency based
HR Certification in Pakistan. Zahid is a member Board of Directors, The Centre for
Global Inclusion USA. He introduced Global Diversity & Inclusion Benchmarks
SStandards in Pakistan. He is the Chief Editor HR Magazine Workforce Tomorrow.
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