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Credit Control and FinanceFinance for Strategic HR Management


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  • United KingdomLondon
  • 26 - 30 Jun 2023
  • 20 CPD hours
  • $4,500.00
  • Overview
  • Course Outline
  • Scheduled Dates

Course Overview

This course will address how firms can manage human resources (HR) as a source of competitive advantage. We will consider a wide array of strategic HR perspectives and how they apply in a variety of business contexts.

Lecture, discussion, and case analysis will be the primary methods used to examine models, structures, techniques, and processes for:

  • managing HR
  • building HR budgets,
  • selecting the right metrics and meaningful KPIs to create value and positively impact corporate performance
  • strategic planning for manpower and training
  • montitoring and evaluation
  • assessing ROI (return on investment)

Having a deeper understanding of the financial side of business, HR managers can gain valuable insight into company strategy and transform the HR function to assume a more strategically central role in the organisation. 

Objective:

At the end of this course, delegates will have the knowledge and confidence to:

  •   Describe how a business operates and define key financial terms and concepts
  •   Determine how to build an HR budget
  •   Describe the link between financial measures and shareholder value
  •   Define key components of the income statement and balance sheet
  •   Identify ways to positively impact corporate performance
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Course Outline

Module 1 - Finance overview

  • Financial Information
  • Key Financial Statements
  • Measuring Financial Performance

Module 2 - HR Budget

  • The HR Department Budget
  • Creating Value

Module 3 - Strategic Planning

  • Strategy – direction, vision, and mission
  • Strategic manpower planning and forecasting
  • Strategic training needs analysis
  • Competitive HR strategies

Module 4 - Adding Value

  • Re-Aligning the HR function
  • Aligning and understanding the translation of strategy to make added value operation.      
  • Creating added value mechanisms
  • Factors driving organisational change

Module 5 - Monitoring and Evaluation

  • HR Metrics and KPIs
  • Developing meaningful KPIs 
  • Return On Investment (ROI) on Training
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Schedule & Fees

2+1Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

Select Month

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Location

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  • London
  • Paris
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  • Finance

5 Days 20 CPD hours

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Stockholm

Stockholm

$4,900.00

  • Finance

5 Days 20 CPD hours

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Paris

Paris

$4,900.00

  • Finance

5 Days 20 CPD hours

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London

London

$4,500.00

  • Finance

5 Days 20 CPD hours

Register Now
London

London

$4,500.00

  • Finance

5 Days 20 CPD hours

Register Now
London

London

$4,500.00

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Employees of professional or formally regulated bodies are generally expected to have CPD accredited training. This type of accreditation ensures that the training is knowledgeable, informed and constantly updated. It ensures our standards as a company are kept high and consistent.

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    All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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Finance for Strategic HR Management

  • United KingdomLondon
  • 26 - 30 Jun 2023
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  • 26 - 30 Jun 2023
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