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| Human capital - consulting
ASR’s service offering in human capital is very much data driven – incorporating organisational information with employee attitudes and perceptions. We offer a range of human capital services which help you understand your current and required workforce, where you stand in terms of human capital inventory and how human capital can be optimally managed. We design processes to collect human capital data and integrate this, wherever possible, with other organisational processes and the data these processes generate. Terris Consulting, ASR's people consulting arm, focuses on two key areas: understanding employees' skills and knowledge, and individual performance management processes. Often these two areas are closely linked. Our consulting assignments cover a spectrum from working with organizations which need to link training needs with effective training expenditure to organizations that want information about the type of people who need to be retained and/or recruited for the future. ASR helps organizations address the before and after issues of implementing job, people and training databases. An essential component of most people management activities is information about skills, knowledge and attributes (together we call these capabilities or competencies). Workforce capability information drives processes such training, career management, succession planning, retention strategies and workforce planning. Mapping and managing human capital is becoming a critical process in most organizations. It is often a core driver in achieving competitive advantage.We assist organizations to focus on:
We also design specific HR processes for clients, such as performance management and training needs identification. A key component of most consulting assignments is management education and employee communication. All employees involved in a project are shown how components link together and how to understand and use the information about themselves and their jobs. We show decision-makers how to clarify HR processes and especially to understand the links between skill profiles, job descriptions and performance management. Each has a clear and different role to play in people management and too often they are confused. Having a fully trained and skilled workforce is only the first step of the journey. Employees need to have a clear understanding of job expectations and then clear goals and targets.Examples of consulting assignments
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| Workforce planning metrics
The Human Capital Report (HCR) includes workforce reporting outputs over the employment life cycle. This report is underpinned by the WRDI® survey, which measures employees’ effort, affective commitment / engagement, satisfaction, and retention risk, plus a diagnosis of what may be contributing to deficits. The HCR Report provides predictive data and risk profiles for the workforce, “sliced and diced” according to the examples below, offering deeper insights concerning the state of the workforce. This performance and retention related data, presented in a unique format, including an estimate of the numbers of people who are likely to leave in the ensuing 6-12 months, and associated costs, constitutes an essential element of workforce planning.
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| Human capital report
In partnership with the WRDI Institute, ASR has developed a state of the art Human Capital Report (HCR) which provides business-focused metrics and dash board indicators linking people and results. We can explore your employees’ perceptions of the value proposition of working for your organisation – what attracts them and why do they stay. The HCR is based on three core data sources:
By drawing together three types of Human Capital data (see People Data Cube), of the right measures (i.e., based on empirical research), we provide a sound, integrated and comprehensive data platform, taking workforce analysis and reporting to the next level of sophistication. By combining these three data sources we can deliver insights about your workforce which create business value while reducing turnover risk and costs. This integrated data analysis and Human Capital Report delivers significantly more value than a typical employee survey report. Results can be produced at business unit or branch level, job level, or any other demographic of client choice. Graduates, new recruits and high potential employees are three perfect examples. We use the Workplace Relationship Development Indicator (WRDI®), a diagnostic engagement and retention survey, based on a validated model of the psychological contract between employers and employees. Using this tool we are able to quantify engagement and retention risk and associated bottom line impacts. The WRDI® survey uncovers those organizational, workplace, and individual factors which lead to engagement and retention over the employment life cycle. The WRDI® can be combined with elements of your existing employee survey.
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| Employee surveys
With its broad experience in human resource management, combined with survey expertise, ASR is an ideal provider of employee surveys. We can assist in questionnaire development, deployment and analysis, as well as working with you to ensure representative samples. Our years of organizational and psychology experience gives us immediate insight into workforce issues, and which assists us to identify action items which will have the most impact. Employee surveys can focus on a range of topics, from current terms and conditions of employment, internal service reviews (such as purchasing or IT service), multi-rater, peer or upward feedback to engagement and retention studies. We collect data using a variety of methods and the combination is dependent on the topic or the nature of the assignment. We regularly conduct interviews and focus groups to assist in preparing self-completion questionnaires, and we collect data using paper, web, or telephone questionnaires. ASR is experienced in deploying both anonymous and known respondent employee surveys. The latter allows us to track longitudinally, particularly for retention studies, and to incorporate other payroll-associated data, such as amount invested in training, competency sets or performance ratings. We can assist in developing communication programs which will significantly increase response rates, using innovative messages and media. We have experience in surveying very small (less than 100) and very large (more than 20,000) workforces, in both white collar and blue collar environments. Where it is important, we work closely with employee groups such as unions. As part of its employee survey expertise, ASR conducts skill audits of whole workforces or specific segments and has extensive experience in collecting skill profiles by paper or electronically and then using this information for workforce planning and training needs analysis. ASR develops organisation-specific indices or benchmarks which can be used to track progress and to identify trouble-spots. They can also be used to identify high risk retention or engagement areas within an organisation. Types of employee surveys include:
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