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Finance for Strategic HR Management
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Overview
Course Outline
Scheduled Dates
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.
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
Who Should Attend?
This course is suitable for:
- HR Professionals looking to enhance their strategic financial knowledge
- HR Managers responsible for budgeting, forecasting, and resource allocation
- HR Directors involved in strategic planning and organizational development
- HR Business Partners supporting financial decision-making and demonstrating HR value
- Senior HR Leaders seeking to align HR functions with overall business objectives
Finance for Strategic HR Management
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Questions? Speak to our friendly training advisor
Isabel Harkous
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isabel@londontfe.com
+447424217520
CPD Standards
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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