Dutch Modern Academy

  • About the Dutch Modern Academy

    The Dutch Modern Academy for Training and Development is a Dutch...

Academy Services

  • Academy Services

    The Academy offers a range of specialized training and advisory...

Our vision and mission

  • Our vision and mission

    Our vision and mission: Develop methods of training and advancement...

Specially designed courses

  • Specially designed courses

    The Academy offers advanced courses tailored to the needs of its...

Certified Human Resources Professional: From Traditional HR Role to Business Partner Certified Human Resources Professional: From Traditional HR Role to Business Partner Wednesday, 12 September 2018 Why Attend HR professionals have to stop 'doing' and start 'delivering'; and HR has...
Certified Employee Relations Professional Certified Employee Relations Professional Wednesday, 12 September 2018 Overview: Company expectations from Employee Relations (ER) staff are increasing...
Certified Compensation and Benefits Professional Certified Compensation and Benefits Professional Wednesday, 12 September 2018 Why Attend 'Compensation and benefits' is the part of human resources that works...

Why Attend

Times have changed. Business acumen and financial intelligence are now considered essential HR competencies. Everyone in a company, including HR, does better when they understand how they impact company performance and how financial success is measured. Indeed, if HR were to develop its own business and financial intelligence, it would become more involved and committed, and would surely be offered a seat at the business decision table.

This course will equip participants with the basic financial and business tools necessary to speak and understand the language of business, extract and use meaningful information, analyze the numbers, produce in depth business insights and make enlightened decisions that have a measurable impact on the organization’s overall performance. It is only when HR masters these tools that it will be perceived as a full-fledged business partner.

The course follows a simple, focused, and practical methodology that will make the course’s subject matter easily accessible and highly enjoyable.

 

Course Methodology

The course uses a mix of interactive techniques such as lecturettes, presentations by course participants, case studies, group activities as well hands-on activities that ensure deep learning of topics covered.

 

Course Objectives

By the end of the course, participants will be able to:

  • Gather and interpret various financial data that demonstrate HR’s contribution to the overall performance of the organization
  • Link the dots between the organization’s income statement, balance sheet and the HR function
  • Explain why cash matters and how it is connected to everything else
  • Calculate and apply various financial and business ratios that offer a quick shortcut to understanding what the financials are saying
  • Use HR analytics to predict future outcomes of HR decisions
  • Calculate and understand return of investment in HR
  • Craft a strategy to create and sustain a financially literate HR department
 

Target Audience

This course is for all HR professionals who want to develop their financial and business intelligence. The course will help them realize that HR results alone do not matter and that what really matters is overall business results. Consequently this course is particularly designed for those HR professionals who have decided to grow into credible and effective business advocates, leaders and partners.

 

Target Competencies

  • Financial literacy
  • HR analytics
  • Analytical thinking
  • General business acumen
  • Decision making

Courses highlights

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Contact us

Everyone at the Dutch Modern Academy is ready to help you. This is one of our commitments. If you would like to inquire about any of our products or services, or if you would like additional information about a specific product or service, please feel free to contact us and we will respond to your inquiry immediately. The expected response time for standard queries is one business day.

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