Strategic Human Resources Management
5 DaysStrategic Human Resources Management
Course Methodology
This course combines theory with practical application of course concepts. Participants will engage in simulation exercises combined with round-table discussions of real-life situations, allowing them to gain a strong grip on the knowledge and skills presented in this course.
Course Objectives
By the end of the course, 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
- Differentiate between types of turnover and determine how each should be calculated
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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.
Target Competencies
- HR Management
- Strategic planning
- Analytical thinking
- Planning and organizing
- Setting goals and objectives
- Budgeting
Course Outline
- The Main Cycles in Human Resources (HR) Management
- HR strategy cycle
- Recruitment and selection cycle
- Training and development cycle
- Performance management cycle
- Compensation and benefits cycle
- Strategic HR Management
- Situation analysis
- HR visions and missions
- HR strategic goals
- Critical Success Factors (CSFs) in HR
- Key Result Areas (KRAs)
- Key Performance Indicators (KPIs)
- Core competencies and core values
- Measuring Human Resources
- Measuring HR strategies: The main KPIs
- Human Resources (HR) versus Human Capital (HC)
- Return on Human Capital (ROHC)
- Human Value Added (HVA)
- Other HR metrics
- Employee satisfaction indices
- HR scorecards and dashboards
- Employee Turnover
- Turnover versus attrition (gross and net turnover)
- Turnover metrics and formula
- Healthy versus unhealthy turnover
- Turnover index
- Analyzing turnover: Interpreting the data
- Cost of turnover for organizations
- Exit interviews
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Strategic HR Planning and Budgeting
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Strategic planning
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The how-how method
- Various HR plans
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The importance of budgeting
- Approaches to budgeting
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Budgeting for HR plans
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Mawred Certificate
Mawred Certificate courses by Al mawred Training & Consulting are designed for those willing to challenge themselves and go the extra distance...
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Classroom Schedule
Virtual Schedule
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