Programme Overview
In recent years, HR has made significant strides in adopting a measurement mindset, yet gauging the impact of HR interventions has remained a challenge. With the advancement of analytics, HR is increasingly capable of demonstrating the tangible impact of initiatives on business performance. This is why seasoned HR professionals recognize the pivotal role of HR analytics and strategy in maximizing talent potential and driving growth.
XLRI's Executive Development Programme in Advanced Strategic HR and Analytics for HR Leaders addresses these challenges head-on. This seven-month live online programme is designed for experienced and ambitious HR professionals who aspire to become influential leaders and drive real results in their organizations with a strategic and data-driven mindset.

Programme Benefits:

Eligible to apply for the executive alumni status of XLRI
Certificate of Successful Completion from XLRI.
Course content and structure designed entirely by XLRI.
Lectures imparted by eminent faculty with considerable training experience.
Opportunity to gain comprehensive and rounded knowledge of all key aspects of Talent Management from acquisition to development, motivation, R&R and measuring and managing performance.
4 days on-campus immersion module designed to build cohesion in the batch, encourage peer learning and experience the campus.

Desired Candidate Profile

Eligibility:

Candidates must hold a graduate degree (10+2+3) or a diploma (10+2+3 or 10+2+4) from a recognized Indian university or institution.
International applicants must hold a recognized graduation or equivalent qualification from their country of residence.
HR professionals with a minimum of 7 years of work experience (post-graduation) are preferred for admission.

Course Modules

Programme Curriculum

Part A
Module 1: Strategic Context for Data Driven HR Decision.

Decoding the strategic intent of the firm
Understanding business model to develop data driven HR metrices.
Analyzing scope of data driven HR decision
Value chain analysis

Emerging challenges in designing HR strategy, structure and HRM system

Module 2: Strategic HRM: Sectoral Analysis

Reviewing the trend in managing employees using data across sectors
Identifying sector specific HR metrics for strategic decision
Industry expert's views on sector specific strategic HR issues and challenges

Illustration of strategic HR issues in various sectors such as FMCG, BFSI, E-commerce, manufacturing, and application-based businesses.

Module 3: Strategic Transformation Through HR

Framework to catalyze the data driven strategic transformation.
Understanding importance of alignment of business goals with group/team/individual goals.

HR as a lever of strategic turnaround of firm

Part B: Advanced HR Analytics
Module 4: Financial Aspects of HR Decisions

Concept of direct & indirect cost
Analyzing and understanding HR overheads
Brief introduction to financial statement/income statement
Financial & HR implications of business model

Analysis of business parameters-ratio analysis

Module 5: Application of Costing-ROI on Human Capital

Identifying HR investment heads Calculation of ROI on HR investments
Value chain analysis of HR decisions

In class exercise

Module 6: ROI on Employee Benefits

Calculation of ROI on employee benefits
Calculation of ROI on recruitment, training, engagement, and various well-being initiatives

In class exercise

Module 7: HR Budgeting and Costing Concepts

Understanding the financial implications of HR decisions
Cost analysis and budget allocation for HR initiatives

Module 8: HR Analytics- I Introduction to Tools & Techniques

Introduction to Analytics
In-depth understanding of Power-BI, R, SAS, and related applications
Advance familiarities with data analytics in excel.
Introduction to artificial intelligence in data analytics

In class exercise to develop familiarity with analytical tools & techniques

Module 9: HR Analytics- II Data Visualization

Introduction to visualization techniques
Data cleaning and interpretation
Using AI for data visualization

Graphs & Charts

Module 10: HR Analytics- III HR Modelling

Introduction to predictive modeling techniques
Forecasting talent needs and attrition rates.

Building predictive models for workforce planning and recruitment

Module 11: HR Analytics- IV Advanced Predictive HR Models

Probit, logic, and logistic modeling for complex HR decisions

Advanced predictive modeling for employee engagement and performance

Module 12: HR Forecasting and Manpower Optimization

Advanced HR forecasting techniques for optimal resource allocation
Manpower optimization strategies for improving organizational efficiency.
Succession planning-Movement analytics

Trend analysis

Module 13: Compensation Analytics

Analyzing compensation structures and their impact on employee retention and performance
Calculations of pay range, pay spread, pay overlaps.
Compensation ration analysis
Pay line development & interpretation.
Designing pay for performance-contribution margin approach

Incentive designs

Module 14: HR Dashboard and Report writing.