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Human Capital Strategy

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Human Capital Strategy

“The value of a business is a function of how well the financial capital and intellectual capital are managed by human capital. You'd better get the human capital part right.” - Ken Robinson

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In this interactive workshop, we aim to explore strategies to maximize the potential of human capital to better contribute to the success of business organizations. In the quest for optimizing the human capital potential, we will analyze current workforce capabilities, identify future needs, and outline potential strategic initiatives towards enhanced work performance.

Through discussions, exercises, and case studies, attendees will learn about how to align HR capabilities with business objectives at any level of the organization.

Throughout the workshop, participants will seek to recognize the alignment between workplace practices and corporate strategic objectives. They will learn about internal and external labor markets for their organizations, forecast human capital needs, identify potential challenges, discuss work design, and generate innovative solutions to complex human capital challenges. Finally, we will discuss high performance work practices that allow better utilization of human capital.

Participants will learn how to think strategically about the most valuable asset in organizations – people. They will also recognize the impact of HR practices that are aligned with the business needs and organizational strategies.

Participants will learn how to forecast human capital needs and match these needs to the needs of the business in the short and long term. Participants will also learn strategies of how to successfully utilize human talent in their workplaces.

Core concepts in human capital strategy:

  • Organizational strategy
  • Business strategy
  • Human Capital
  • HR practices and policies

 

Human capital and organizational strategy

  • Impact of HRM policies and practices on individual and organizational performance.
  • Recognize the impact of HRM decisions on firm success.
  • Case Study: Netflix
  • Reflection exercise

 

Internal and external environment for human capital

  • Describe the influence of the legal, social, and labor environment in human capital decisions.
  • Explain the value generated by HRM practices, decisions, and processes.
  • Human capital planning – forecasting current and future needs.
  • Case Study
  • Reflection exercise

 

Alignment between strategy and HR practices

  • Identifying organizational and business strategies.
  • Identifying HR practices that align wiht the organizational strategy.
  • Case Study
  • Reflection exercise

 

Best Practices in managing human capital

  • High performance work practices
  • Challenges for the future of work
  • Wrap up reflection exercise

Managers and executives who make decisions about employees, deploy human resources in the organization, and are responsible for improving effectiveness and efficiency of work.

Substitutions are free and must be done prior to the start of the class or certificate program.

Cancellations or rescheduling must be received in writing and full refunds will be given up to four business days prior to the start of class.

Any cancellation or reschedule submitted with three or less business days notice is subject to a $35 charge on 1 or 2 day classes and a $75 charge on certificate programs.  

No refunds after the first day of the class or certificate program.

Please contact me if you have any questions Paula.Seiwert@wichita.edu

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