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2.1 Human Resources Planning and Strategy

 Learning Outcomes

Lecture Video 2.0 Human Resources Planning and Strategy

Lecture Video 2.1 Human Resources Planning and Strategy

2.2 The HR Planning Process

Lecture Video 2.2: The HR Planning Process

Lecture Video 2.2.1 Human Resources Planning and Succession Planning

2.3 Forecasting Demand for Labour

Lecture Video 2.3 Forecasting Demand for Labour

Strategic Plan

Lecture Video 2.3.1 Legal Issues

Competition

Technology

Turnover of Employees

Demographics

Budgets

2.4 HR Demand Forecasting Method

Lecture Video 2.4 HR Demand Forecasting Method

Lecture Video 2.4.1 Forecasting Methods:

2.5 Human Resources Supply

Lecture Video 2.5 Human Resources Supply

Estimating Internal Supply

Lecture Video 2.5.1 Estimating External Supply: Labour Market

2.6 HR Response and Plan for Supply and Demand

Lecture Video 2.6 HR Response and Plan for Supply and Demand

Plan for Reducing Employees

Lecture Video 2.6.1 Plan for Labour Shortages

2.7 Human Resources Information Systems (HRIS) and HR Analytics

Lecture Video 2.7 Human Resources Information Systems (HRIS) and HR Analytics

Lecture Video 2.7.1 Benefits of HRIS

2.8 HR Analytics

Lecture Video 2.8 HR Analytics

Data

Lecture Video 2.8.1 Analytics and the Law

2.9 HR Analytics Application

Lecture Video 2.9 HR Analytics Application

Job Design

Recruitment

 Talent Acquisition

Lecture Video 2.9.1 Training

Compensation

Performance Management

Health and Safety

2.10 Key Terms

2.11 Summary

2.13 Exercises/Activities for Teachers and Students

2.14 Case Study: The Power of HR Analytics for ACME Inc.

2.12 Knowledge Check

Knowledge Check

Knowledge Check: 2.1 Human Resources Planning and Strategy

Knowledge Check: 2.2 The HR Planning Process

Knowledge Check: 2.3 Forecasting Demand for Labour

Knowledge Check: Legal Issues

Knowledge Check: Technology

Knowledge Check: Turnover of Employees

Knowledge Check: 2.4 HR Demand Forecasting Method

Knowledge Check: Estimating Internal Supply

Knowledge Check: Estimating External Supply: Labour Market

Knowledge Check: Plan for Reducing Employees

Knowledge Check: Plan for Labour Shortages

Knowledge Check: Benefits of HRIS

Knowledge Check: Data

Knowledge Check: Analytics and the Law

Knowledge Check: 2.9 HR Analytics Application

Knowledge Check: Recruitment

Knowledge Check: Performance Management

Knowledge Check: 2.14 Case Study: The Power of HR Analytics for ACME Inc.

Welcome to the "Human Resources Planning and Analytics" course, a comprehensive program designed to transform how you manage, forecast, and optimize your organization's most valuable asset: its people. In today's data-driven business landscape, traditional HR practices are no longer sufficient.

Welcome to the "Human Resources Planning and Analytics" course, a comprehensive program designed to transform how you manage, forecast, and optimize your organization's most valuable asset: its people. In today's data-driven business landscape, traditional HR practices are no longer sufficient. This course bridges the gap between human resources management and strategic data analysis, empowering you to make evidence-based decisions that drive organizational success. Throughout this course, you will dive deep into the HR planning process, learning how to accurately forecast labor demand by analyzing strategic plans, legal issues, technological advancements, and demographic shifts. You will explore proven methods for estimating both internal and external human resources supply, and develop actionable strategies to address labor shortages or surpluses. Furthermore, the course demystifies Human Resources Information Systems (HRIS) and HR Analytics, showing you how to leverage data while navigating legal considerations. Practical applications are a core focus; you will discover how to apply HR analytics to job design, recruitment, talent acquisition, training, compensation, performance management, and health and safety. Featuring real-world case studies, such as the ACME Inc. scenario, interactive exercises, and comprehensive quizzes, this course ensures you not only understand the theory but can apply it effectively in your workplace. Whether you are an HR professional looking to upskill or a business leader aiming to optimize your workforce, this course provides the tools you need to succeed.

Chapter 2: Human Resources Planning and Analytics

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            <p>Effective human resources management goes far beyond basic administrative tasks; it requires a strategic approach to aligning an organization's workforce with its long-term business objectives. This course delves into the critical components of Human Resources Planning and Analytics, providing a comprehensive framework for understanding how organizations forecast, manage, and optimize their human capital. By exploring the intricacies of the HR planning process, learners will discover how to accurately forecast labor demand and supply while navigating complex variables such as technological advancements, demographic shifts, legal constraints, and market competition. The curriculum is designed to equip professionals with the strategic foresight needed to develop actionable plans for addressing both labor shortages and necessary workforce reductions, ensuring organizational resilience in a dynamic and highly competitive business environment.</p>

<p>Beyond foundational workforce planning, the modern HR landscape relies heavily on data-driven decision-making. To address this, the course seamlessly transitions from traditional planning strategies to the transformative world of Human Resources Information Systems (HRIS) and HR Analytics. Learners will explore how to ethically and legally leverage workforce data to enhance a wide array of HR functions, including job design, recruitment, talent acquisition, training, compensation, and performance management. Through detailed modules, comprehensive quizzes, and a real-world case study featuring ACME Inc., participants will gain practical insights into applying analytics to everyday HR challenges. Ultimately, this comprehensive journey will empower HR professionals and business leaders to transform raw data into strategic assets, driving both employee well-being and overall organizational success.</p>
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