Strategic Human Resources Management

This course addresses how firms can manage human resources (HR) as a source of competitive advantage. We will consider a wide array of strategic HR perspectives and how they apply in a variety of business contexts.

Lecture, discussion, and case analysis will be the primary methods used to examine models, structures, techniques, and processes for:

• creating competitive HR strategies
• translating strategy to operational plans that produce results and add value
• strategic planning for manpower and L&D
• creating value added mechanisms
• developing meaningful KPIs (Key Performance Indicators)
• using Balanced Scorecard to monitor and review HR performance
• assessing ROI (return on investment)

By the end of the course HR managers will have gained valuable insights into company strategy enabling them to transform the HR function to assume a more strategically central role in the organisation.

Objective

By the end of this interactive training programme, you will be able to:

• Understand how strategic planning can improve the effectiveness of your HR function
• Align your HR strategy to the objectives and goals of your organisation
• Determine the strategic HR responsibilities
• Translate HR strategy into operational plans that add value for the organisation
• Maximise ROI on your training investment
• Develop meaningful KPIs
• Use Balanced Scorecard to monitor and review HR performance

Course Outline

Module 1: Strategic Planning - Overview

• Strategic planning
• Strategy – direction, vision, and mission
• Strategic manpower planning and forecasting
• Competitive HR strategies

Module 2: Strategy formulation

• Re-Aligning the HR function
• From vision to action
• Aligning and understanding the translation of strategy to create operational plans that produce results and add value.

Module 3: Organisational Change

• Creating added value mechanisms
• Factors driving organisational change
• Strategic training needs analysis

Module 4: HR Metrics and KPIs

• Developing meaningful KPIs
• Return On Investment (ROI) in Training

Module 5: Balanced Score Card (BSC)

• An overview of BSC
• How to apply BSC to measure HR performance
• Examples and case studies