XLRI Jamshedpur | Executive Development Programme in Advanced Strategic HR and Analytics for HR Leaders (Batch 02)

• Graduates or Diploma holders with at least 7 years of experience in HR management or related domains are eligible to apply. For Indian participants, a graduation (10+2+3) or diploma from a recognized university is required, while international participants should have a graduation or equivalent degree from any recognized University. Additionally, HR professionals with 7 or more years of work experience after graduation are eligible to apply. Applicants should have a strong foundation in HR principles and a keen interest in advancing their analytical and HR leadership capabilities to drive organizational success.

Part A: Advanced Strategic Human Resources Management

Module 1: Strategic Context for Data Driven HR Decision

• Decoding the strategic intent of the firm
• Understanding business models to develop data-driven HR metrics
• Analysing the scope of data-driven HR decision
• Value chain analysis
• Emerging challenges in designing HR strategy, structure and HRM system

Module 2: Strategic HRM: Sectorial 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 catalyse the data-driven strategic transformation.
• Understanding the importance of alignment of business goals with group/team/individual goals.
• HR as a lever of the strategic turnaround of the firm

Part B: Advanced HR Analytics

Module 4: Financial Aspects of HR Decisions

• Concept of direct & indirect cost
• Analysing and understanding HR overheads
• A brief introduction to the financial statement/income statement
• Financial & HR implications of the 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
• HR budget projections

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

• Introduction to Analytics
• In-depth understanding of Power-BI, R, SAS, and related applications
• Advanced familiarity 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 Modelling 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 modelling for complex HR decisions
• Advanced predictive modelling 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 and 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

• Designing and implementing HR dashboards for effective decision-making
• Data visualization techniques for communicating HR insights.
• Reporting the results