
The Human Capital Plan is an essential tool that allows organizations to assess, plan for, and respond proactively to its human capital challenges and needs. It helps shape the organization by building a plan to develop the workforce and practices needed to meet an organization’s vision, mission, and goals. This kind of planning involves recruiting, training and deploying the people needed to get the work done. This requires an understanding of the amount of work and how it will be organized. Effective and timely human capital planning goes beyond forecasting headcount and can provide agile people solutions to complement the future direction of your business.
This training course is designed to help HR professionals to link human capital plan and activities to the business strategic objectives in a very professional way through gaining an in-depth understanding of the business and HC plan as a whole.
· Gain a comprehensive understanding of the Human Capital Plan.
· Understand the difference between Business Plan and Human Capital Plan, and Business strategic objects and HR Strategic Objectives.
· Know how an HC plan can increase values of human capital management
· Identify the HC plan components and develop a plan that is aligned with the organizational business plan.
· Review the progress of the HR initiatives, HC plan and recommend adjustments.
The Human Capital Plan
· HC plan definition
· Business plan vs. HC plan
· The relation between a business plan and an HC plan
Human Capital Plan Components
· Understanding the business vision
· Understanding the business mission
· Business goals
· Strategic objectives
· HR SWOT analysis
· Other HR elements
· Understanding what an executive summary should include
Business Strategic Objectives to HR Strategic Objectives
· HR strategic objectives
o HR implications and actions
o Initiatives of the HC plan
o HR implications
o HR theme
o Action plan
o Championing the action plan
o Time frame
o Costs
o KPIs
o Reviews
HR elements
· Culture and values
· Organizational structure changes
· Human capital
· Succession planning
o Building a bench strength
· Motivation and retention
· Training and development
· Organizational development and effectiveness
Additional Human Capital Plan Considerations
· Quarterly reviews
· Evaluation of the HC plan
· Operating environment
· Producing an executive summary
· HR plan draft (actual)
· Fine-tuning the HC plan
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.