Principles of Analytics (3CO02)
FOUNDATION QUALIFICATION 2021
*self funders only
About this Unit
This unit looks at how people professionals make both straightforward and complex choices as they carry out their roles. It focuses on how utilising a diverse range of analytics and evidence is essential to the rationalisation and enhancement of working practices and situational decision-making to create value.
What will you learn
You will cover how evidence-based practice informs measures and outcomes and how it is applied within your organisation. You will explain the importance of using data, the different types of data measurement and how these are used to inform decision making, including interpreting basic financial information using critical thinking skills and common calculations. You will review the concept of creating value, explaining how your organisation approaches this for its customers and stakeholders. Finally, you will cover the role of analytics and other technology in enhancing working practices, including the associated risks.
This unit is suitable for persons who:
- are studying, aspiring to, or embarking on, a career in people practice
- are working in a people practice support role and wish to develop their knowledge and deliver immediate and short-term value for their organisation
- wish to develop the specialist knowledge, skills and understanding required to be a people professional.
On completion of this module, learners will be able to:
- Understand how evidence-based practice informs organisational measures and outcomes.
- Know how creating value benefits employees, customers and wider stakeholders
NEW CIPD FOUNDATION QUALIFICATION 2021
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