Introduction
Welcome to our enlightening webinar, “Measuring the ROI of the Investment made in People (HR Analytics).”
In today’s rapidly evolving HR landscape, we stand at a pivotal moment where data is transforming the way we manage our most valuable asset – our people. This webinar aims to explore the transformative power of HR analytics, empowering HR professionals to make evidence-based decisions that align HR strategy with business outcomes.
Gone are the days when HR decisions were based solely on intuition and traditional methods. The advent of HR analytics marks a seismic shift towards a more data-driven approach in HR, revolutionizing every aspect of HR from recruitment and retention to performance management and employee engagement. This shift is not just an option but a necessity for modern HR professionals aiming to optimize their strategies and achieve measurable results.
Join us as we delve into the intricacies of HR analytics, discuss how to frame business impact HR metrics, and examine the correlation of various HR variables to measure the true ROI of investments made in people. Don’t miss this opportunity to navigate the journey towards a more analytical and strategic HR function, where data drives decisions and HR plays a pivotal role in achieving business objectives.
Agenda
Welcome and Introduction
• Greetings and webinar objectives
• Quick overview of HR Analytics’ relevance in the modern workplace
Part 1: Data – The New Oil in HR
• Exploring the pivotal role of data in revolutionizing HR
• Illustrating how data-driven decisions can transform HR functions
Part 2: Integrating HR Strategy with Business Strategy
• Discussing the criticality of aligning HR strategies with overall business goals
• Presenting strategies for effective integration, including real-world examples
Part 3: Developing Business Impact HR Metrics
• Guiding on the selection of impactful HR metrics that directly influence business
results
• Demonstrating how to measure and interpret these metrics
Part 4: Understanding the Correlation Between Various HR Variables
• Introducing the concept of correlating HR variables
• Examining how these correlations can provide insights into workforce dynamics and
their impact on organizational performance
Q&A and Interactive Discussion
• Encouraging questions, sharing experiences, and discussing practical scenarios
Conclusion and Wrap-Up
Ramesh Ranjan is currently the Co-Founder & CEO of Global HR Community. With over four decades in Human Resources Management, Ramesh Ranjan is a distinguished figure recognized for coaching prowess. Selected in the MG 25 India Coaches group by Dr. Marshall Goldsmith and named one of Silicon India Magazine’s SI Top 10 Prominent Leadership Coaches in 2023. He is a mentor at E-Cell, IIT Bombay, fostering startups in Asia’s largest business model competition. With leadership roles in Schneider Electric India, American Power Conversion, Chevron Texaco/Caltex India, Praxair India, Co Systems India, Indian Herbs & ITI, Ranjan brings a wealth of experience. Currently a Professor (HR) at IFIM School of Management and a visiting professor at prestigious institutions in Bangalore and Prague University of Economics & Business, he is also the Founder & Editor of the award-winning HR Blog/Website, http://www.humanengineers.com/ A multifaceted professional, Ranjan has held key roles in NHRD Bangalore.
Chapter, AMCHAM, and the Roundtable of HR Directors of Petroleum
Companies.
You can know more about him
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