Making Business Management a Profession
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Human Resources Specialists
 

Major Learning Outcomes of Earning the CBM Credential for Human Resources Specialists

 

Part 1 - Module 100: General Management and Leadership
1. Comprehend strategic management concepts and principles such as employee demand and supply factors and employees skill sets.
2. Master the essential functions of management, such as planning, organizing, controlling, and directing.
3. Plan and organize projects using PERT, Gantt, or CPM techniques.
4. Direct, lead, control, and motivate the project team members
5. Solve project-related problems and making effective decisions.
6. Learn project management methods and quantitative techniques such as decision-trees and regression analysis.
7. Comprehend ethical responsibilities of business.
8. Recognize the impact of government on business in terms of laws and regulations that affect labor and management relations.

 

Part 1 - Module 200: Operations Management
1. Comprehend the manufacturing operations, such as production planning, inventory control, capacity management, materials management, and logistical management.
2. Provide labor cost input to estimate product and service costs.
3. Learn the supply-chain management and purchasing management practices.
4. Understand service operations in terms of waiting time, capacity management, and customer service concepts.
5. Work with operations management in forecasting human resource demand and supply.

 

Part 1 - Module 300: Marketing Management
1. Comprehend the essential principles and concepts in a marketing function.
2. Learn pricing strategies and structures for products and services.
3. Estimate new manpower needs in new product development projects.
4. Participate in the hiring, training, motivating, and compensating the sales force.
5. Provide input in marketing communication programs to enhance brand equity.

 

Part 1 - Module 400: Quality and Process Management
1. Comprehend the quality principles, practices, tools, and techniques.
2. Recognize the essential elements of service quality, including HR services.
3. Identify customers, both internal and external, to provide quality services.
4. Benchmark and reengineer the HR department’s functions and processes.
5. Link quality of products and services to revenues, costs, and profits of the organization.
6. Bring quality awareness throughout the organization through total quality management methodologies.

 

Part 1 - Module 500: Human Resources Management
1. Comprehend the hiring process, including selecting new employees.
2. Assist functional managers in conducting employee’s performance evaluations.
3. Develop and implement programs to motivate and retain employees.
4. Guide functional managers in managing diverse workforce, including contractors and consultants.
5. Identify the legal issues involved in managing the human resources, such as ADA, EEO, and ADEA.
6. Plan and conduct training and development programs to all employees in the organization.
7. Forecast employee demand and supply for the entire organization and to identify gaps.
8. Perform job analysis and job design and to participate in employee work schedules.
9. Counsel employees in their career development.
10. Develop and manage employee benefits programs and compensation methods.
11. Staff and monitor employees for international job assignments.
12. Design compensation systems for employees working in international divisions and business units.

 

Part 2 - Module 600: Accounting
1. Comprehend the essential principles and concepts in accounting.
2. Read and interpret the financial statements, such as income statement, retained earnings, cash flow statements, and balance sheet.
3. Develop operating budgets for the HR department at the line-item level, including pro forma financial statements.
4. Apply managerial accounting concepts in decision making, such as internal hire versus external hire, staff insource versus staff outsource, incremental revenues and costs, and differential revenues and costs.
5. Participate in developing cost control systems and mechanisms for the entire organization.
6. Work with accounting management in forecasting HR demand and supply.

 

Part 2 - Module 700: Finance
1. Comprehend the essential principles and concepts in finance.
2. Recognize issues in managing short-term and long-term assets.
3. Advise in the credit collection procedures to minimize legal liability.
4. Participate in financial planning and forecasting, both short-term and long-term.
5. Guide the entire organization in controlling the financial assets of the organization.
6. Develop capital budget requests along with their financial and technical justifications.
7. Understand how businesses are valued, acquired, merged, or divested.
8. Work with finance management in forecasting HR demand and supply.

 

Part 2 - Module 800: Information Technology
1. Identify risks in managing information and technology such as access and privacy breaches.
2. Request value-oriented information systems for operating various business functions, such as human resource hiring, benefit systems.
3. Participate in developing and maintaining information systems projects to meet informational needs of the business.
4. Request and fund the continuity of business services for a specific function, process, or department.
5. Generate standard and/or customized reports for decision-making purposes such as turnover cost per employee, training cost per employee, new hires per month, and employee turnover rates.

 

Part 2 - Module 900: Corporate Control, Law, and Governance
1. Comprehend internal control principles and frameworks for good business.
2. Participate in designing controls to prevent and detect corporate fraud perpetrated by managerial and non-managerial employees.
3. Understand corporate risks in protecting physical and human assets.
4. Learn the essential principles of corporate citizenship, accountability, ethics, and governance.

 

Part 2 - Module 1000: International Business
1. Learn the global business strategies and practices, including organization structure and control.
2. Comprehend the international trade, investment, payments, and cultures.
3. Understand the international economics, banking, and law.
4. Recognize the effects of population shifts in the international business environment and their resulting impact on global employee demand and supply factors.

 

Part 3 - All Ten Modules
1. Integrate the Core and Functional knowledge to see the “big picture” of business.
2. Apply the integrated knowledge in business situations using mini-cases and short-scenarios.
3. Ability to perform technical analyses, to draw conclusions, and to make effective decisions in the following 50 application areas:

 

Application 1:    Strategic Management Analysis

Application 2:    Managing and Leading Skills Analysis

Application 3:    Sensitivity and Scenario Analysis

Application 4:    Economic Analysis

Application 5:    Organizational Analysis

Application 6:    Decision Analysis

Application 7:    Regulatory Analysis

Application 8:    Project Management Analysis

Application 9:    Portfolio Analysis

Application 10:  Business Performance Measurement Analysis

Application 11:  Data Analysis

Application 12:  Manufacturing Management Analysis

Application 13:  Service Management Analysis

Application 14:  Retail Management Analysis

Application 15:  Supplier Analysis

Application 16:  Inventory and Logistics Analysis

Application 17:  Levers, Drivers, and Triggers Analysis

Application 18:  Value Analysis

Application 19:  Outsourcing Analysis
Application 20:  Productivity Analysis

Application 21:  Contingency and Constraint Analysis

Application 22:  Marketing Management Analysis

Application 23:  Product and Brand Management Analysis

Application 24:  Pricing Analysis

Application 25:  Advertising Analysis

Application 26:  Sales Analysis

Application 27:  Customer Analysis

Application 28:  Competitor Analysis

Application 29:  Quality Analysis

Application 30:  Process Analysis

Application 31:  Human Capial Analysis

Application 32:  Operating Budget Analysis

Application 33:  Cost-Volume-Profit Analysis

Application 34:  Cost Analysis

Application 35:  Financial Statement Analysis

Application 36:  Cash Flow Analysis

Application 37:  Tradeoff Analysis

Application 38:  Leverage Analysis

Application 39:  Capital Budget Analysis

Application 40:  Mergers and Acquisitions Analysis

Application 41:  Computer Security and Control Analysis

Application 42:  Computer Forensic Analysis

Application 43:  Electronic Commerce Analysis

Application 44:  Business Controls Analysis

Application 45:  Fraud Analysis

Application 46:  Risk Analysis

Application 47:  Stakeholder Analysis

Application 48:  Legal and Ethical Analysis

Application 49:  International Trade and Financing Analysis

Application 50:  Global Management Analysis