The Kuwait Institute For Career Development

Strategic Human Resources Management

Start Date:	29 Sep 2024
End Date:	3 Oct 2024
Duration:	5
Fees:
Country:	Istanboul / Turkey
Category:	Training & Human Resources
Details:
Objectives By the end of the program, participants will be able to: §List the main cycles in Human Resources (HR) and the critical steps in each. §Define strategic HR management and draft an HR strategy. §Explain the vital KPIs which should be constantly monitored in Human Resources. §Quantify employee morale and determine a formula for calculating it objectively. §Differentiate between types of turnover and determine how each should be calculated. §List the main types of performance management and appraisal rating systems and how and when to use each. Outline DAY 1 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 DAY 2 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 DAY 3 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 DAY 4 Employee turnover §Turnover versus attrition (gross and net turnover) §Voluntary versus non voluntary separation §Analyzing turnover: interpreting the data §Cost of turnover for organizations §Healthy versus unhealthy turnover §Turnover index DAY 5 Strategic planning and budgeting for human resources §Strategic planning §Approaches to planning §Various HR plans §Workforce plans §Training plans §Project plans §The importance of budgeting §Approaches to budgeting Budgeting for HR plans