WFM Finance Certification

WFM Certification course is business cases based learning from Basic to advanced level
4.7
(88)
1,530 Enrolled
10 hours

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

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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

Material Includes

  • Tutorial Booklets
  • Instruction Videos

Requirements

  • No experience or pre-knowledge required
  • Any computer and/or laptop (both Window and Mac OS)
  • No special software is needed, just a connection to the Internet

Audience

  • Professionals in WFM/ HR / Resource Management / Operation/ MIS/ Call Centre/ BPO / Students

Course Content

WFM Finance Course
Workforce Finance and Revenue Modeling

  • WFM Finance and Revenue Model
    02:10:51
  • Influence of WFM on the Financial Aspects
    01:07:38
  • WFM Finance Practical session -Part -1
    01:14:22
  • WFM Finance Practical session -Part -2
    01:32:16

Instructors

gwfmlearning

gwfmlearning

4.8
14861 Students
22 Courses

Feedback

4.7
Total 88 Ratings
77.272727272727%
18.181818181818%
3.4090909090909%
0%
1.1363636363636%

Reviews (88)

  1. JJ

    Juanito Jr. Cacao

    23 hours ago
    Good additional information
  2. HM
    Worth Course
  3. MN

    Mishra Nikesh

    4 days ago
    Excellent
  4. AN

    Ajeet Nair

    7 days ago
    good
  5. AB

    Anshuman Behura

    2 weeks ago
    i was well and good.
  6. KP

    Kaushal Patil

    3 weeks ago
    Not much understanding but yes agreed on the profit ratio per employee. QoQ finanace management. Would like to understand more about this.
  7. RK

    Richeek Kundu

    1 month ago
    Wonderful course!
  8. SM

    Syed Maaz Abrar

    1 month ago
    Good
  9. SN

    Shanthi Naidu

    1 month ago
    wonderful session
  10. SP

    sangeetha prasad

    1 month ago
    good
  11. RA

    Roopika Aravind

    1 month ago
    The course is very helpful
  12. SK

    SATHISH KESAVAN

    1 month ago
    Informative
  13. RS

    Rohanvir Sandhu

    1 month ago
    Voice wasnt clear, else the course is good.
  14. RD

    Rabi Dhar

    1 month ago
    Very insightful, how important WFM for any organization financial vise versa. Well defined and decorated session, explaining in-depth the correlation between the two.
  15. KM

    Kaushik Mallick

    1 month ago
    Awesome subject
  16. ST

    Shantanu Tomar

    2 months ago
    It is good for knowledge
  17. CS

    chetanya Sharma

    2 months ago
    Finance Thought Dout is cleared
  18. LK

    Lav Kumar

    2 months ago
    good
  19. JJ

    Jitendra Juyal

    2 months ago
    It's nice, I have got lots of knowledge of PNL and Finance working on FTEs rate ETC
  20. NA

    Naina Arora

    2 months ago
    NICE

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