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Explore and master the fundamentals of Human Resource Advance
You've not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.Chapter 1
Strategic Human Resource Management (SHRM) outlines the transition of HR from traditional administrative roles to strategic partnership roles aligned with organizational goals. It emphasizes the importance of aligning HR strategies with business objectives, utilizing frameworks such as the Balanced Scorecard to enhance organizational performance and drive competitive advantage.
Chapter 2
Workforce planning and talent forecasting are critical strategic tools for organizations to anticipate staffing needs and address skill gaps effectively. By aligning workforce strategies with business objectives, organizations can ensure they have the necessary talent for future demands while also enabling proactive hiring and development plans. Additionally, data-driven insights improve decision-making regarding staffing and skill development, leading to better overall business outcomes.
Chapter 3
Talent acquisition encompasses strategic approaches to attract and retain the best candidates, focusing on employer branding and candidate experience. Modern sourcing strategies, including social recruiting and recruitment tools, enhance effectiveness in hiring. Continuous measurement of hiring metrics and optimization methods drive recruitment success.
Chapter 4
The chapter focuses on the significance of effective onboarding programs and strategies to foster employee engagement, highlighting their impact on retention, satisfaction, and productivity. It outlines the vital components of onboarding, including preboarding and initial training, and discusses employee engagement's characteristics, measurement tools, and strategies for improvement.
Chapter 5
Modern performance management has evolved into a continuous and collaborative process that focuses on aligning employee performance with organizational goals. Effective systems emphasize ongoing feedback, the use of modern tracking tools, and developing personalized growth plans for employees. Addressing underperformance is handled with clarity and compassion while utilizing diverse appraisal methods to enhance growth and engagement.
Chapter 6
The chapter provides a comprehensive overview of developing strategic Learning and Development (L&D) programs aimed at enhancing employee skills, thereby promoting organizational innovation and aligning with long-term business goals. It highlights the importance of personalized learning paths and digital tools for scalable training, alongside effective ROI measurement to assess training impact.
Chapter 7
Succession planning is essential in preparing organizations for future leadership transitions, ensuring continuity and stronger business resilience. Identifying high-potential employees through various assessment tools leads to effective leadership development programs. Integrating coaching, mentoring, and feedback enhances leadership growth, while specific tools and metrics help organizations track their leadership pipeline readiness.
Chapter 8
Compensation management and total rewards strategies play a crucial role in attracting, motivating, and retaining talent. The chapter outlines the components of total rewards, emphasizing the balance between fixed pay, variable incentives, benefits, and non-monetary rewards to enhance employee satisfaction while supporting business objectives.
Chapter 9
HR analytics plays a vital role in enhancing strategic HR decision-making by transitioning from intuition-based to data-driven insights. The chapter highlights key HR metrics, tools for effective data management, applications of HR analytics across various HR functions, and ethical considerations for data usage. Together, these elements foster improved hiring, retention, performance, and overall HR effectiveness.