Human Capital Transformation: A Financial Outlook of Business HR

Shaping human capital is ever increasingly becoming a cutting edge for organizations. This workshop would explore and exercise of HR analytics, metrics, calculations, formulas; and, most importantly, coping the integration of HR with business objective up. Investment in people and systems can fetch growth and sustainability of business. Eventually, the systems are also molded by people and cultured by people. People are real assets of an organization. Let’s people put first in any business type. Hereinafter, the business HR is quite different from the public personnel administration.

This is never surprise that an entrepreneur has always been keen to look at finance; an HR, hereby, must do so for the alignment of HR with business. The objective of HR and objective of business should be placed in the same box. Knowingly or unknowingly a CEO is doing rigorous HR activities directly connected with business; an HR is doing HR activities less connected with business simply cannot draw attention.

This workshop is to draw financial approaches to connect HR with Business.

How participants will benefit after the session:

• Can align HR with Business and vice versa
• Can calculate return on investment
• Can evaluate HRD, OD and HR Project
• Can initiate any OD drive in business scopes
• Can adopt business view points as business HR

Workshop Methodology

• Interactive and participatory session
• PowerPoint Presentation
• Simulation
• Practical and real case examples
• Brainstorming

Contents of Workshop:

• HCROI
• Business analyses through HR
• Different matrices applicable to business HR
• HR financial business cases
• Demonstrating the picture how an investment would return with profit
• HR as a profit centre; not a cost centre
• Analytics of people utilization
• HR finance to business finance at the end
• Financial analytics of Training and development to boost business
• Performance Management Analytics; a true business KPI in action
• HR as strategic contributor to business and sustainability
• Strategic distribution of fringe benefits
• And buy –in your CEO to invest in HR initiatives

Likewise any other resource, human capital is an asset that we invest in, and expect to get a return on. Once we calculate what the return is on human capital investment, we would be able to position the efficiency and effectiveness of the human capital.

Creating HR financial approaches is a key part of business performance management. Having HR financial concentration will give you the insights if your HR department or person thrusts for making a difference at any business setting.

Boarding

Course materials and food will be provided by Textile Today.
Certificate of appreciation will be awarded to participants at the end of workshop.

Course fee

BDT 990/- (One Thousand Taka Only)
** 2 workshop free per year for Textile Today Subscriber
** 3 or more participants from one organization get special discount.