- Code
T.31721
- Credits
3
This course will help you better understand how to analyze, measure, and account for investments in people. However, although data and analysis are important to investing in people, they are just a means to an end. The ultimate purpose of an investment framework is to improve decisions about those investments. Decisions about talent, human capital, and organizational effectiveness are increasingly central to the strategic success of virtually all organizations (Cascio & Boudreau, 2011). The course will build upon the knowledge attained during business economics.
This course consists of eight sessions and optional workshop classes, combining theory and practical application in cases.
| Test Form | Werkstuk/Report/Bericht (W) |
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Test criteria
The course will be evaluated by a report (excel file), in which you show you can use excel to draw up the following:
- Introduction to the financial position of your company
- HR dashboard based on data
- Performance Management Statement
- HR recommendations based on data outcomes and company
- HR investment analysis & conclusion including objective, measure, target, initiatives.
Criteria:
- The financial situation of the selected company is summarised over multiple years (4-5 years) using key financial variables, ratio's and graphical displays over several years and an explanation is provided.
- Using data, 3 HR topics are explored, analysed and presented in a dashboard in a concise and clear manner using functions and/or pivot tables and graphical displays. For each, a small explanation is to be provided.
- Based on the HRB Business case, an evidenced-based statement has been given on whether the evaluation of the PMS (400-500 words max.)
- Based on the company context and HR dashboard one HR-intervention is proposed using scientific evidence and argumentation (400-500 words max. & use at least 5 scientific sources)
- The HR intervention is analysed financially, ROI is calculated, and an objective measure and target is defined.