Strategic People Measurement
As the importance of human capital management continues to grow as a differentiator between high and low performing firms, there is both the opportunity and necessity for the HR function to become more strategic.
The process of becoming more strategic requires asking better questions, deploying clever analytics, and just as important, being able to articulate how HR creates value. The graphic below is the framework we use to help guide HR functions as they seek to become more strategic.
While the specifics, of course, vary from firm to firm, the framework is sufficiently general to serve as a powerful foundation and starting point, no matter what your firm's size or industry.
So what do you think? Is this a framework that could work for your firm? Let us know - we'd love to hear from you!
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Learn How to Apply Training Development Reporting Principles in Your Organization
Want to learn how to report human capital for your organization? We'd recommend you check out the Center for Talent Reporting's October 20-22, 2014, workshop on just this topic - it's two and a half days of high impact learning designed for anyone who wants to improve measurement, reporting, and management of human capital. Click here to download a PDF for more details.
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Workshop on Evidence-based Management
Our colleague, David Creelman, is running a workshop on evidence-based management with Carnegie Mellon's Denise Rousseau. The workshop is aimed at HR VPs & Directors who are frustrated with the lack of rigor in decision making. The focus will be on applying "evidence-based practice" which brings a framework to using analytics and adds other tools for using evidence to inform decisions. For more information, contact David Creelman at
dcreelman@creelmanresearch.com.
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