4.75
(4 Ratings)

WFM Finance Certification

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About Course

Introduction to the Course:

“As we observe and analyze Year after year the workforce continues to dynamically evolve and change with the times. If your staff management tactics and processes are not evolving with them, you are bound to fall behind.” –  David Galic

Workforce / Resource Management plays a critical function in the organization will need to succeed in the future.

By arming yourself with the most sought-after talent management competency, you’ll be able to demonstrate the value of WFM as a strategic partner to the business. This course will arm you with a keen understanding of workforce planning methodology, bolstered by in-depth case studies from organizations like GE, Google, and Procter & Gamble. You’ll gain the consultative and change management skills necessary for developing an action plan to make effective strategic workforce planning a reality in your organization.

Strategic Workforce Management & Analytics is the business process for ensuring that an organization has suitable access to talent to ensure future business success. Planning for both workforce and human resource needs is one of the greatest challenges facing managers and leaders today. A consistent, disciplined approach for matching human resources with the anticipated, and sometimes unanticipated, needs of the company is essential.  WFM Certification program will enable you to learn how Workforce Planning links to strategic and Financial planning while also serving as a true planning tool for the workforce and a basis for justifying budget allocation and manpower staffing levels. Delegates build a business case and a workforce plan scenario to better learn and apply workforce planning to management decisions.

Talent management is a very proactive function aligned with the business objectives and preparing the workforce for the current and future business scenarios. WFM is moved from administration to strategic business partner role and all about creating revenue assurance

One of the key functions in the organization is WFM and all-time CXOs WAR-ROOM discussion. WFM is the resource management and capacity planning, organizations, regardless of size, scope, or activity face critical challenges that they must address to optimize their resources and thus mitigate project delivery delays and overruns, quality issues, and, in the long term, negative bottom-line impact.

WFM learning program has Key findings of comprehensive benchmarking such as :

Pain Area :

•The impact of constant change, visibility lacking into incoming demands, capacity, and an inability to effectively prioritize demand and create supply
Business Risk :
•Revenue lost and costs increased due to neglected windows in the marketplace, continuing perpetually in the mode of crisis, and talent misaligned on the incorrect projects
Opportunity:
•Increase maturity level of capacity planning and resource management to increase efficiency, productivity, visibility and prioritization, and optimization of organization.
Course content coverage : 

GWFM Introduces a brand new course called ” WFM Finance Certification”.
Get to know the complete Organisation’s Revenue Model, learn how to improve the profitability through Workforce Management.WFM Finance certification program has got a very important syllabus as mentioned below.

1)How company makes money?
2)What is Revenue Model, Topline, and Bottom-line?
3)Variable Cost & Fixed cost?
4)What is Gross Margin & Operating Margin?
5)What is the cost per employee and revenue per employee?
6)How to Invest in employees and Increase the revenue per employee
7)What is the opportunity cost
8)Optimization
9)Utilization
10)Bench cost
11)Cost of support resources
12Cost on bulliable resources

Show More

What Will You Learn?

  • •To become an SME (subject matter expert) in Workforce management Finance
  • •To build a future SKILL- CURRENCY model
  • •To learn the Art and Science of Revenue assurance model
  • •To learn, practice, and master the Business case building
  • •To learn the Talent Supply Chain Index
  • •To learn how to create Predictive Analytics
  • •To learn WFM Maturity model levels and applied science
  • • To learn techniques & Best practices in the industry
  • •To create Talent liquidity & ROI model and best-suited model for your organization
  • •To learn Digital Talent, Artificial Intelligence and Machine –a new age platforms
  • •To learn Workforce contingency model & JUST-IN-TIME WFM model

Course Content

WFM Finance
Workforce Finance and Revenue Modeling

  • WFM Finance and Revenue Model
    02:10:51

Student Ratings & Reviews

4.8
Total 4 Ratings
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4
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Benjamin Ninan
4 weeks ago
Good content and overall understanding of WFM impact on Org revenue.
MA
1 month ago
Very good experience
MN
4 months ago
Very informative and a big help for the wfm professionals to look at the key metrics how they can give impact to the organization
Vinay Vasudevan
10 months ago
Very useful

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