Join us for a three part webinar series: Business Skills for HR Professionals
Session Three: Building Business Cases
FREE for members | $49 for non-members
Capital budgeting is a very important process to follow. Usually, there are many more requests for the company’s money (to fund initiatives and projects) than the company can afford; so wise choices must be made. The various proposals are examined in light of risk, potential value, payback and return on investment. HR must follow the same rules as any other department and be able to present rational, systematic and compelling business cases.
This webcast challenges the view that HR initiatives are too long-term or overly complex to be amenable to business cases. This view is simply unfounded, but it is true that HR professionals are not particularly good at building business cases. After participating in this webcast, participants will be able to:
- Discuss the importance of capital budgeting.
- Identify the steps in building business cases.
- Walk through two different HR business cases that were successfully funded.
- Identify other types of compelling cases that can be presented to business leaders.
ABOUT THE SPEAKER
David C Forman is the author of Fearless HR, the President of Sage Learning Systems and former Chief Learning Officer of The Human Capital Institute. The courses he has developed and taught for HCI have been taken by thousands of HR professionals all over the world. In 2002, David worked with SHRM to create materials to support the GPHR certification program. Prior to these experiences, David spent 25 years in the training industry, working with large global organizations to improve the knowledge, skills and performance of their people. Major clients include FedEx, IBM, DuPont, Microsoft, SAP, American Express, PwC, Ford, Prudential, Apple, Scripps Healthcare, Allstate Insurance and the University of Farmers. In 1984, David had the unique opportunity to work with Apple on the release of the Macintosh; and several years later to help IBM streamline and cross-train over 22,000 manufacturing employees.
David has written more than 40 articles on talent management, analytics, strategic human resources, learning systems, high-performance cultures and leadership. He has also spoken at many national and global talent and leadership conferences, both in his role of hosting HCI’s conferences for many years but also as a key note speaker.