Strategic Human Capital Leadership

Course overview

Globally, the nature of business has evolved due to the dynamic nature of the economy, fast technological innovation, shifting political landscape, shifting social mores, and shifting public opinion.

In a situation like this, it became crucial for the companies to see their human resources function from a more strategic standpoint. Previously serving as a support function, the HR function today plays a significant role in boardrooms all over the world.

The scale shift prompted HR to include actions that have an impact on the organization’s capacity, performance, and productivity. Human resource managers are currently searching for strategies to provide a sustained competitive advantage through a variety of employee engagement initiatives.

With this in mind, we are happy to present this course, which will give all of its participants the chance to succeed in their position as human resource specialists.

Training Bee’s training on strategic human capital management will give human resource specialists the tools they need to promote corporate expansion.

Additionally, doing so will enable you to quickly and efficiently adapt to difficulties and the dynamism of your separate businesses, gain a competitive edge, and ensure the achievement of your organization’s strategic plan.

Introduction

Strategic Human Capital Management (SHCM) is the process of using human capital as an asset to enable organizations to achieve their goals and strategies, particularly in the areas of organizational development and performance. It focuses on staffing, performance management, training, and development to ensure that the people within the organization are properly focused and directed to achieve their mission and goals. SHCM also involves creating an environment where employees are engaged and committed to the success of the organization. This includes creating a positive work environment that encourages open communication and collaboration, motivating employees through recognition and feedback, and providing the right compensation package to attract and retain top talent. SHCM is essential for any organization to remain competitive, remain profitable, and succeed in a highly competitive global market.

We are The Training Bee, a global training and education firm providing services in many countries. We are specialized in capacity building and talent development solutions for individuals and organizations, with our highly customized programs and training sessions.

Learning Objectives

Upon completing Strategic Human Capital Leadership, participants will be able to:

Recognize the importance of human resource management as an organizational strategy.
Develop your understanding of the strategic HR challenges that businesses face.
Give the participants the tools they need to make better decisions in the complex business world.
Strategic human resource initiatives can help the company to develop sources of competitive advantage.
Creating an HR budget and an HR strategy
List all of the HR department’s services along with their respective Key Performance Indicators.

Our Unique Training Methodology

This interactive course comprises the following training methods:

Role-playing – Participants will take part in several roleplays and understand practical ways of solving issues.
Journaling – This consists of setting a timer and letting your thoughts flow, unedited and unscripted recording events, ideas, and thoughts over a while, related to the topic.
Project-based learning
Mind mapping and brainstorming – A session will be carried out between participants to uncover unique ideas, thoughts, and opinions having a quality discussion.
Interactive sessions – The course will use informative lectures to introduce key concepts and theories related to the topic.
Presentations – Participants will be presented with multimedia tools such as videos and graphics to enhance learning. These will be delivered engagingly and interactively.

Training Medium

This Strategic Human Capital Leadership training is designed in a way that it can be delivered face-to-face and virtually.

Course Duration

This training is versatile in its delivery. The training can be delivered as a full-fledged 40-hour training program or a 15- hours crash course covering 5 hours of content each day over 3 days

Pre-course Assessment

Before you enroll in this course all we wanted to know is your exact mindset and your way of thinking.
For that, we have designed this questionnaire attached below.

What strategic goals do you have for your human capital management team?
What challenges has your team faced in the past with managing human resources?
How do you currently evaluate the performance of your human capital management team?
What systems or processes currently exist to track and monitor employee performance and engagement?
Are there any areas of the team’s performance or operations that need to be improved?
What professional development opportunities have been offered to your HR team in the past?

Course Modules

This Strategic Human Capital Leadership covers the following topics for understanding the essentials of the Agile Workplace:

Module 1 – OVERVIEW, CONTEXT, AND KEY TERMS

Cycle of HR Strategy
Cycle of Recruitment and Selection
Cycle of Training and Development

Module 2 – EFFECTIVE HR MANAGEMENT

The evolving HR landscape
How HR can increase the organization’s strategic value
Various tactical instruments and their use
Contextual Analysis
SWOT evaluation

Module 3 – VISION AND MISSION OF HR

Strategic Objectives of the HR Division
Critical success factors for HR
How to determine HR KPIs and KRAs
HR department’s core competencies and values

Module 4 – MEASUREMENT AND QUANTIFICATION OF HUMAN RESOURCES

Human resources versus human capital KPI comparison
The creation of HR dashboards and a balanced scorecard

Module 5 – Turnover and employee retention

Attrition vs. Turnover (Gross and Net Turnover)
Examining Turnover: Voluntary vs. Non-Voluntary Separation

Module 6 – EMPLOYEE PERFORMANCE MANAGEMENT

Making a Performance Management System plan
Choosing the appropriate assessment system for your business
360-degree and 180-degree Systems for Management by Objectives (MBO) Competency-Based Appraisals

Module 7 – SALARY PROJECTIONS AND HR BUDGETING

Approach to HR Budgeting
Salary Forecasts
HR Benchmarking Trends

Module 8 – QUESTIONS OF DIVERSITY AND CREATING ETHICAL ORGANISATIONS

Fostering an ethical and open culture
The effect of internal and external influences on transformation Recent advancements in HR across sectors

International business ties and strategic HRM

Post-course Assessment

Participants need to complete an assessment post-course completion so our mentors will get to know their understanding of the course. A mentor will also have interrogative conversations with participants and provide valuable feedback.

How do the concepts covered in this course help managers align their human capital strategy with their organizational performance objectives?
What methods or techniques can be used to develop an effective human capital strategy?
How can organizations ensure they are making the most of their human capital investments?
How can manager’s best engage their staff in a way that leads to enhanced productivity and improved performance?
What are strategies for implementing and managing a successful human capital management system?
How can organizations measure and monitor the effectiveness of their human capital strategies?

Lessons Learned

The most important lesson learned from Strategic Human Capital Management is that effective people management is essential to achieving organizational goals and objectives. It requires a comprehensive approach to managing people that includes setting objectives, developing strategies to meet those objectives, and implementing solutions. Companies must also focus on creating a positive culture and environment that support and engage their employees. Ultimately, success in Strategic Human Capital Management requires having the right people with the right skills in the right places, which can only be achieved when people are managed effectively.

“Strategically Manage Your Human Capital for Maximum Results!”