XLRI Jamshedpur – Executive Development Programme in Advanced Strategic HR and Analytics for HR Leaders
(EDPASHR) - Batch 1
Elevate Your HR Impact:
Leading with Data-Driven Strategy
The HR landscape is changing. Organizations face unprecedented challenges and opportunities in managing human capital, integrating disruptive technologies and adapting to a hybrid and distributed workforce. To navigate this evolving landscape, they need HR leaders who can think strategically and leverage data effectively.
Programme Highlights
Duration
7 months
Eligibility
7 years of experience + Graduation or diploma from a recognized university
Live online sessions
Every Saturday (3 PM to 6 PM)
Campus Immersion
3 days on-campus module
Certificate
Certificate of Completion from XLRI
Application Closes on
Last Round of application closing on Oct 31, 2024
Fees
Fee INR 1,77,000 + GST
Payable in easy instalments.
A loan option is also available.
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 maximising talent potential and driving growth. However, translating data into actionable insights and aligning HR strategy with organisational goals present complex challenges.
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.
Course Curriculum
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Part A: Advanced Strategic Human Resources Management
Module 1 : Strategic Context 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 HR : 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 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
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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 & 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
- Analysing compensation structures and their impact on employee retention band 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
Programme Objective
- Learn how to leverage HR data to uncover actionable insights that inform strategic HR decisions and drive quantifiable improvements for your organization.
- Develop the critical thinking necessary to align HR initiatives with the organization’s overall goals, positioning yourself as a strategic partner at the leadership table.
- Hone your stakeholder management, communication and change management skills to lead and gain buy-in for HR initiatives effectively.
- Learn to utilize cutting-edge analytics tools to optimize talent management strategies, boost employee engagement and enhance organizational effectiveness.
- Discover and implement innovative HR approaches to keep pace with emerging industry trends and maintain a competitive advantage.
- Gain the skills, knowledge and confidence to navigate future challenges in the rapidly evolving HR landscape.
Why should you pursue this Programme?
Gain a dual advantage by integrating analytics and strategy into your HR skill set.
Learn from renowned XLRI faculty and HR practitioners with deep expertise in Strategy, Analytics and HRM.
Network with like-minded HR leaders, share best practices and build valuable relationships that can benefit you throughout your career.
Prepare yourself for CHRO or other top HR positions by gaining a comprehensive understanding of Strategic HR and Analytics.
Enhance your HR skills through interactive lectures, workshops, simulations and personalised project-based learning with expert faculty guidance.
Benefit from XLRI's renowned reputation in HR education and unmatched expertise, helping you excel in your career.
Important Dates
Payment of Fees
Fees
| Programme Fee | INR 1,77,000 + GST |
Programme Fee and Campus Module Charges
|
Registration Fee
At the time of registration
INR 27,000 + GST
|
Instalment I
On or Before 14th December 2024
INR 50,000 + GST
|
Instalment II
On or Before 14th Feb 2025
INR 50,000 + GST
|
Instalment III
On or Before 14th April 2025
INR 50,000 + GST
|
About Institute
XLRI, the first management institute in India, was incorporated in 1949 by a few visionary Jesuit Fathers to bring a change in the economy and society at Carpe. The institute always strives to be a management school with a difference. Pursuit of academic excellence and fostering whole-person integral growth of students has been the hallmark of XLRl for over six decades.
In 2002, XLRI introduced Virtual Interactive Learning (Online Learning/Distance Learning/Part Time Management Programme) as a unique academic methodology that gives working professionals an opportunity to undertake continuing management education without having to take a break from their careers. The e-learning model has been designed to offer participants flexible timing and includes insightful course content that facilitates career progression. XLRI is committed to delivering high quality management education and is constantly experimenting with innovation pedagogy to this end.
Programme Director
FAQs
What makes this Programme unique?
In today’s dynamic business environment, HR professionals can’t afford to keep up – they need to be the driving force behind organizational success. That’s why this Programme offers a unique opportunity: it seamlessly integrates HR strategy and analytics into one comprehensive course. This Programme goes beyond just understanding each skill set in isolation. You’ll learn to leverage data-driven insights to shape strategic HR decisions, optimize talent management, boost employee engagement, and demonstrate the measurable impact of your initiatives. Additionally, it equips participants with practical skills to implement strategic HR initiatives grounded in data-driven insights.
Why choose XLRI to advance my HR career?
XLRI boasts a renowned reputation for HR education and is consistently recognized as a leader in the field. With their extensive experience and cutting-edge curriculum, you’ll learn from the industry’s best. XLRI has a successful history of developing future-ready HR leaders, with graduates consistently excelling in their careers, showcasing the effectiveness of their HR programs in equipping individuals with the latest skills and strategies. Ranked 9th by NIRF Ranking 2023 and consistently recognized as a top private B-school, XLRI offers unmatched expertise. As an XLRI student, you’ll gain access to a vibrant network of peers and alumni, connecting with like-minded HR leaders from diverse industries to share knowledge and best practices.
Who is eligible to apply for this HR course by XLRI?
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
What is the pedagogy of this Strategic HR and Analytics online course?
The Programme empowers you to excel as a strategic HR leader who can drive
organizational success through data-driven insights and consultancy expertise. Through
hands-on learning, you’ll engage in interactive live lectures, workshops and simulations, using real-world HR Analytics tools and techniques to tackle case studies and practical scenarios. The project-based learning component allows you to develop and implement your own HR analytics project, ensuring the solutions you create are practical and relevant to your organization.
Additionally, expert faculty with deep expertise in both HR strategy and analytics will provide practical guidance and insights, helping you apply these skills effectively in your HR practice.
What are the delivery format and schedule of the Programme?
The Programme is designed to be flexible and accessible, primarily delivered through live online sessions on the VCNow platform, ensuring seamless participation through your devices. Additionally, participants can engage in a 3-day on-campus immersion at the XLRI Jamshedpur campus.
Sessions are held every Saturday from 3 PM to 6 PM (2 classes), allowing you to participate conveniently without disrupting your work schedule. Each class is 1.5 hours long, and the programme requires a commitment of approximately 87 hours of learning over 7 months. This includes the live sessions, short campus modules and assignments.
What are the important dates for the Programme?
Academic and technical orientation:
Oct 2024 (Tentatively)
Programme commencing:
Nov 2024 (Tentatively)
Note: All dates are subject to change as per the sole
discretion of the institute.
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