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Strategic Human Resources Management - Virtual Learning

Strategic Human Resources Management - Virtual Learning

Why Attend

In modern organizations, Human Resources (HR) cannot limit itself to a mere implementation role. Its approach to managing the function needs to expand in order to truly become a strategic partner in the business. This course will help you learn about the tools and techniques used in drafting and developing HR strategies. It will also equip you with the knowledge and  skills you need to translate such strategies into actions. Furthermore, the course will enable you to link the HR strategy to that of the organization and provide real value-adding HR solutions that you can present in a language organizational management understands.

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Overview
Course Methodology

This course uses a combination of theory and 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
  • 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.

Target Competencies
  • Strategic planning
  • Analytical thinking
  • Leading and supervising
  • Deciding and initiating action
  • Working with people
  • Relating and networking
  • Persuading and influencing
  • Planning and organizing
  • Achieving goals and objectives
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
  • 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

  • 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

         

Associations
Associations
Society for Human Resource Management (SHRM)

Meirc is recognized by the Society for Human Resources Management (SHRM) as a Recertification Provider. This recognition implies that participants who attend any of the SHRM approved programs delivered by Meirc Training & Consulting will earn a number of Professional Development Credits (PDCs) which will help them maintain their certification in SHRM-CP or SHRM-SCP.

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Schedule & Fees
Per participant - 2022

USD 2250

Fees + VAT as applicable

Tax Registration Number: 100239834300003

(including coffee breaks and a buffet lunch daily)

Discount Plans & Cancellations Policy
meirc training courses

2022 - Location & Date

6 - 10 Nov, 2022
Arabic
Virtual Learning

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Face-to-Face Courses
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+966 56 918 5532
+966 56 918 5532
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