Measuring the ROI of Investment in People (HR Analytics)
Global HR Community Global HR Community
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 Published On Apr 28, 2024

Welcome to our webinar on "Measuring the ROI of the Investment made in People (HR Analytics)." Today, we stand at a pivotal moment in the evolution of Human Resources. Gone are the days when HR decisions were based solely on intuition and traditional methods. The landscape of HR is undergoing a seismic shift towards a more data-driven approach, revolutionizing how organizations manage their most valuable asset - their people.

The advent of HR analytics marks the beginning of this transformation, heralding a new era where data is not just an asset but the new oil that fuels strategic decisions. In this data-driven era, HR professionals are equipped with the tools and methodologies to analyze workforce data in ways that were unimaginable a few decades ago. This shift is empowering HR departments to move from being a support function to a strategic partner aligned with the overall business strategy.

The transition to data-based HR is driven by the need for more accuracy, efficiency, and strategic insights in managing the workforce. By leveraging data, HR can uncover patterns, predict trends, and make evidence-based decisions that directly impact the organization's bottom line. From recruitment and retention to performance management and employee engagement, every aspect of HR can now be optimized through analytics.
This webinar will delve into how HR analytics is not just an option but a necessity for modern HR professionals who aim to link HR strategy with business outcomes. We will explore the transformative power of data in HR, discuss how to frame business impact HR metrics, and examine the correlation of various HR variables to measure the true ROI of investments made in people.

Join us as we navigate the journey towards a more analytical and strategic HR function, where data drives decisions and HR plays a pivotal role in achieving business objectives.

Speaker

Ramesh Ranjan is currently the Co-Founder & CEO of Global HR Community.

With over four decades in Human Resources Management, Ramesh Ranjan is a distinguished figure recognized for coaching prowess. Selected in the MG 25 India Coaches group by Dr. Marshall Goldsmith and named one of Silicon India Magazine's SI Top 10 Prominent Leadership Coaches in 2023. He is a mentor at E-Cell, IIT Bombay, fostering startups in Asia’s largest business model competition.

With leadership roles in Schneider Electric India, American Power Conversion, Chevron Texaco/Caltex India, Praxair India, Co Systems India, Indian Herbs & ITI, Ranjan brings a wealth of experience. Currently a Professor (HR) at IFIM School of Management and a visiting professor at prestigious institutions in Bangalore and Prague University of Economics & Business, he is also the Founder & Editor of the award-winning HR Blog/Website, www.humanengineers.com.

A multifaceted professional, Ranjan has held key roles in NHRD Bangalore Chapter, AMCHAM, and the Roundtable of HR Directors of Petroleum Companies.

You can know more about him
  / rameshranjan  
https://rameshranjan.in

ABOUT Global HR Community

The Global HR Community (GHRC) is a pioneering initiative designed to unite and build an ecosystem for HR professionals & People Managers across the globe. It creates a dynamic nexus for leaders to Connect, Learn, and Grow together. GHRC serves as a beacon for knowledge exchange, innovation, and collective advancement in the realm of People Management.

The Global HR Community (GHRC) is a Community of HR Practitioners, People Managers, Business Leaders, Academicians, Entrepreneurs, Students and HR Service Providers who want to fulfil their Purpose, pursue their Passion and Optimize their Potential and bring LIFE to Work and and aspire to make an impact on the People side of Business

The platform offers networking opportunities with industry peers, create communities, groups & forum for sharing insights, and specialized discussion groups, all designed to foster healthy connections, discussions & debates for collaborative growth.

It offers unparalleled access to a repository of knowledge, a suite of learning opportunities through GHRC Academy, a comprehensive Directory of HR service providers, an exclusive Job board, and a specialized Store for HR tools and resources.

By nurturing a supportive and dynamic community, we are committed to catalyzing positive change that resonates through the lives of our members, shapes the cultures of our organizations, and extends its impact to the global community.

You can know more about the organisation @https://globalhrcommunity.com/

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