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HCMI Qualifications

2015

“The premier qualification for premier professionals”

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“Human capital management is the term which is used to describe an organisation’s multi-disciplined approach to optimising the capabilities and performance of its management and employees.”

VaLUENTiS International School of Human Capital Management

January 2006

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“A new Standard for those who want to be the best”

The

Accredited

Qualification

“Rigour and quality surpasses that

of traditional programmes”

‘Excellence is as excellence does’

“A Masters level

qualification delivered in a ‘lean’ format

for practitioners”

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Conte

nts

Welcome 1.0 The School’s proposition to participants 2.0 ISHCM programme routemap 3.0 HCMI qualification overview 4.0 Objective of the HCMI qualification 5.0 HCMI programme outline 6.0 HCMI programme design and delivery 7.0 HCMI subject modules

8.0 HCMI subject modules/CPD 9.0 Timeline of study programme 10.0 HCMI programme fees 11.0 Admissions 12.0 Faculties 13.0 ISHCM location

5 6 8 9 10 11 12 13

14 15 16 17 18 19

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Programme contents HC Practitioner series

‘What we think or

what we know or

what we believe is,

in the end, of little

consequence.

The only consequence is what

we do.’

Welcome

Welcome to VaLUENTiS’ International School

of Human Capital Management – a global leader in providing commercially focused learning to organisations, management professionals and HR practitioners. The school Headquarters is situated in Berkeley Square, London, with its main campus based in Victoria (Portland House).

‘Transforming HR’

Our

Mis

sio

n The International School of Human Capital Management

represents a new era in the field of people management. Now in its eighth year the School goes from strength to strength as an innovator in its field. The introduction of a fully online learning programme with the new CMAS® (Continuous Management Assessment System) technology is testament to that. Our flagship HCMI qualification continues to attract the best practitioners in the Human Capital Management field. For most organisations effective human capital management is the essential ingredient of competitive advantage and/or success whatever the economic environment. Never before in people terms has there been such recorded collective experience, abundant research, technology and availability of evidence. Thus, management with the support of human capital professionals have the means to leverage this opportunity. However, these opportunities create new challenges in the form of knowledge, thought and practical application. The School’s mission is to provide the means of bridging this gap, in a practical evidence-based manner through a series of structured progressive programmes of learning. ‘Critical thinking for critical execution’ Nicholas J Higgins Dean 31st July 2014

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1.0 Proposition & Benefits

Our

Pro

positio

n

Impact Our HCMI programme delivers exceptional learning experiences that are designed for practical implementation, and therefore impact, what we term ‘impact-based learning’. We provide tools and knowledge that are drawn from rigorous research and practical experience to enable evaluation and subsequent actions which change organisational performance. We believe that course design provides the most attractive offer for practitioner participants, through including the latest empirical research, examples of ‘best practice’ and supporting concepts using a blended learning mix utilising leading global case studies, action learning with the latest in online technology, together with individual self study.

Innovation Our ethos is to combine rigorous, analytical research together with actual client-related project experience to generate thinking that is at the forefront of market intelligence, and structured content that produces leading edge application-based knowledge. As a result we are able to offer unrivalled course content that is delivered in an effective modular-based format online. We focus beyond ‘best practice’ using our fundamental ‘why-what-how’ approach transforming the way in which organisations have traditionally manage people and measure their contribution.

Individual focus The programme content and facilitation is designed to provide continuing professional development with a learning environment that is both supportive and challenging, backed up with peer networking. The essence of this focus is to enhance individual capabilities and critical thinking – that links with organisational performance. All HCMI programme participants are automatically enrolled as members of the Human Capital Management Institute (www.HCMIglobal.org). Career development, coaching and onboarding support services are available on request.

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1.0 Proposition & benefits (continued)

Completion of International School of Human Capital Management HCMI qualification provides participants with a wealth of additional benefits, beyond individual course learning. These represent an unprecedented range of benefits to allow participants to access best practice, expert advice, insightful research and new opportunities. These potential benefits are set out below.

•Automatic enrolment as a member of the Human Capital Management Institute

•Membership to practitioner communities with related interests

•Access to networking events held for course participants and Certificate holders

•Access to executive/management coaching and mentoring from Faculty members

•Access to career development advice and network

•Automatic enrolment in the Human Capital Management Institute with access to its publications

•Access to leading edge white papers and research in the field of human capital management

•Opportunities to contribute articles and/or case studies to the Journal of Applied Human Capital Management

•Invitation to attend the International School of Human Capital Management’s annual ‘Top Gun Academy’ of leading HR professionals and course graduates, with Annual Award Ceremony.

Whilst some of these benefits are provided as part of the process of gaining the HCMI qualification, certain services are provided on a subscription basis or part of a separate contract in force. Please contact our admissions department on +44 (0) 20 7887 6121 for any further information.

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Certificate

2.0 ISHCM programme routemap

Chief Human Capital Officer

Programme

HC Reporting

Practitioner

Programme

VB-HR™ Rating

Practitioner

Programme

General (open)

professional

Programme

Executive programme

Advanced

certificate

Certificate

Certificate HC Practitioner

Programme

Intermediate

certificate

Certificate

Level 1

Certificate

Level 2

Certificate

Level 3

Certificate

Level 4

Advanced

certificate Advanced HC Practitioner

Programme

This guide

All HR roles, line management and other professionals seeking specific developmental

practice.

All HR executives who are interested in or engaged in VB-HR™ Rating exercises and/or implementation.

Senior HR, finance, investment, communication executives. Also for those in specialised roles such as HR

analysts.

All HR roles with management and/or line

relationships.

Senior HR executives, HR Business partners, senior HR managers as part of continuing professional

development.

HR Directors, senior HR executives/HR business

partners and/or equivalent. Also for those who aspire to

HR leadership.

HCMI qualification

Individual courses can count towards accreditation where the same course is a component of an individual

programme.

Certificate

Short course programmes (see separate 2015 guides)

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3.0 HCMI qualification overview

The concept of the 'thinking’ and ‘expert’ practitioners

The concepts of the ‘thinking’ and ‘expert’ practitioners underline our Professional Standards.

Our levels of qualification and our supporting CPD programme provide the necessary infrastructure to HCMI members.

In practice, the thinking/ expert practitioner is expected to:

•Utilise multiple perspectives and avoid reliance on a single perspective based on experience

•Ensure that his/her knowledge is up to date and also aware of any significant new developments whether in terms of research/legislation and/or contemporary organisational practice

•Pursue evidence/ fact-based inquiry (where possible) challenging ‘perceived wisdom’ or simplistic or naïve assumptions where necessary; whilst avoiding the provision of potentially misleading or ‘unsafe’ advice or actions

•Evaluate critically the current context, demonstrating an appreciation for political and ethical considerations

•Incorporate a continuous-improvement mindset

•Demonstrate willingness to think and act along the operational-strategic spectrum, i.e. big and small picture.

The ‘thinking’ and ‘expert’ practitioner utilises a range of personal behaviours with associated standards (underpinning the technical aspects of the qualification), including:

•Achievement orientation and commercial awareness

•Client-focus with concern for quality, accuracy and compliance

•Impactful and influential in a co- operative manner

•People-relational and development orientation

•Sound, confident analysis and judgement

•Adaptability and use of own initiative.

Overview of the HCMI qualification and philosophy The field of human capital management as a discipline is extremely important to any practising manager with people responsibility and/or HR practitioners.

The body of knowledge required to be a professional is growing as the profession continues to integrate with business requirements, having moved considerably from the days of personnel administration.

There have been a number of emerging developments in the field of people management over the past decade such as employee and organisational engagement, employer brand, talent management, human capital measurement and reporting, alongside new thinking and legislation in enterprise governance and leadership, corporate social responsibility, competitive strategy and value based management.

Senior HR executives also have to focus and execute strategically and operationally to a higher level.

Strategic human capital management (HCM) is an evolving ‘science’ of integration and evaluation of traditional people management practice.

The aim of the HCMI qualification is to enhance the importance of human capital management and develop line managers and HR professionals into value-add practitioners (see inset) of effective human capital management, building on existing qualifications/certificates that provide technical or academic understanding of the role of human capital management within organisations.

Professional qualifications typically put much emphasis on knowledge acquisition and retention. In traditional course qualifications, models and frameworks are taught as a collection of constructs and/or paradigms.

However, practitioners are required to routinely combine and apply components of these models and frameworks to address contextual situations, as no one single model will usually reflect the complexity of ‘real-world’ scenarios.

HCM practitioners in many ways are there to enhance human capital management practice within their organisations whether through applied design or applied problem-solving.

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The objectives of the HCMI qualification The HCMI qualification accordingly seeks to utilise theoretical underpinnings and applied research not as ends in themselves, but as pieces of the ‘practitioner tool-kit’ to address practical human capital issues in the workplace.

The syllabus makes extensive use of world class case studies within each module, complementing the course based material.

The HCMI programme concludes with participants having a complete understanding of organisation performance through a human capital lens, backed up with current developments and best practice.

4.0 Objectives of HCMI qualification

Successful participants will have:

• The ability to evaluate the strategic context, value drivers and competitive advantage/delivery proposition of organisations.

• A multi-perspective understanding of organisation issues and exposure to current leading-edge thinking and practice in human capital management.

• An appreciation of the latest developments in organisation leadership and performance from an international perspective.

• The potential to step up to a Chief Human Capital Officer or equivalent senior management role through development of requisite knowledge, enhanced personal competencies and professional HR capability.

• Developed deeper analytical skills with the ability to apply knowledge to real people management and HR operational challenges.

• Developed a deeper insight into their own self-awareness and professional competency.

• An enhanced personal brand and thus value and marketability to current and/or future employers.

Who is the programme for?

• Current line managers and/or general managers who do not hold a management qualification

• Current qualified practitioners who wish to gain an advanced qualification

• Senior managers who have transferred into HR but do not hold a current qualification

• HR business partners who wish to lead an HR function

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Student practitioners will have a choice to select between Certificate, Diploma or Masters level qualification all of which have a 12-month timeframe.

5.0 HCMI programme outline

Levels of qualification There are four main levels of qualification with

designatory letters as follows:

DrHCMI: Doctor - Human Capital Management Institute

MHCMI: Master - Human Capital Management Institute

PCHMI: Practitioner - Human Capital Management Institute

AHCMI: Associate - Human Capital Management Institute

As the HCMI emphasis is on business application, case studies from both

private and public sectors are used, sourced in the main from Harvard and ECCH.

The ‘’Masters Compact’ is a qualification which precedes the full M Sc in HCM which is itself an option.

The course year runs from January through to December unlike the traditional academic year.

Course programmes are so designed that within any 12-month

period successful study ensures a

qualification.

Due to the unique course content and qualification,

there are no exemptions for prior learning.

Quadmester 1 Quadmester 2 Quadmester 3 Quadmester 4

Master of Science Human Capital Management (M. Sc. HCM) + mandatory CPD (MHCMI) [12 months]

HCMI professional practitioner syllabus 2012Industry contribution + mandatory CPD (DrHCMI)

Master of Science (compact) Human Capital Management (cM. Sc. HCM) + mandatory CPD (MHCMI) [12 months]

Certificate in Human Capital Management (cert HCM) + mandatory CPD (AHCMI) [up to 12 months]

Diploma in Human Capital Management (Dip HCM) + mandatory CPD (PHCMI) [12 months]

Business Economics,

Strategy and Organisation Performance

Fundamentals of

Management

Effective Leadership and Change

Governance, Ethics and

Employment Law

Talent Development Architecture

Talent Planning and Resourcing

Employee Engagement & Organisation Performance

Performance, Reward and Organisation

Design

Strategic HCM Project

Quadmester 1 Quadmester 2 Quadmester 3 Quadmester 4

Business Economics,

Strategy and Organisation Performance

panoptic study

Fundamentals of

Managementpanoptic study

Effective Leadership and Change

panoptic study

Governance, Ethics and

Employment Law

panoptic study

Talent Development Architecture

panoptic study

Talent Planning and Resourcing

panoptic study

Employee Engagement

& Organisation Performance

panoptic study

Performance, Reward and Organisation

Design panoptic study

Strategic HCM

Dissertation

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• There are four levels of qualification: Masters, Masters Compact, Diploma and Certificate.

• The Compact M. Sc. HCM (plus MHCMI accreditation) is completed within 12 months allowing for work commitments (eqv 120 credits, level 7). The M. Sc. HCM (plus MHCMI accreditation) is completed in a further 12 months (total eqv 240 credits, level 7).

• The eight core modules are designed to combine elements of technical and practical knowledge, supported with leading field research and new/emerging developments, providing practitioners with professional insight and competence.

• With regard to the M. Sc. in HCM award, the Strategic HCM Dissertation module is designed for student-practitioners to apply their multi-disciplined knowledge gained from the course as a final completion component.

• With regard to the Compact M. Sc. in HCM award, the Strategic HCM project is either a set internal project assignment on their own organisation or an assigned project case study, depending upon circumstances.

• Diploma and Certificate courses are completed within 12 months. As a rule these are a less intense option to the Masters qualification.

• Course design incorporates the School’s innovative CMAS® (Continuous Management Assessment System) technology. This assessment system replaces the traditional assignment-based process to create more effective study time, less subjective assessment, near-instantaneous feedback and a more-focused learning experience.

• An annual online CPD event also takes place as a mandatory fulfilment of ensuring HCMI qualification relevance and importance.

6.0 HCMI programme design & delivery

Structure and progression As indicated there are several stages to the HCMI qualification:

Design The HCMI programme incorporates a modular structure for optimal delivery.

The design incorporates a blended learning approach which combines online classrooms and workshops for individual and group learning, self study and on-line support.

There is a combination of group case-based activities, structured dialogue, assessments, papers, presentations, (action) learning exercises and support networking.

Synchronous group learning

Case based

exercises

Online

Presentations

Self-

study

Online

assignments

using

CMAS®

Support

Online

Dialogue

Networking

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Detailed course programme outline Below is a summary outline of the HCMI programme by subject paper and module. The following three pages provide further detail to each course module.

Study period Module Purpose summary Learning experience

1st Quadmester

Fundamentals of Management

To provide participants with a thorough working knowledge of management theory and application in organisations in a global context. Critical evaluation is undertaken retracing developments over the last century with a human capital focus.

• Practical multiple case-based study and evaluation including a learning set for each participant to review his/her own organisation.

• A combination of online workshop based learning punctuated with group breakout sessions and regular self-study. This includes specific learning sets and case studies.

• Continuous module linkage to enhance learning in an integrated fashion.

• Global multi-sector cases specially selected from Harvard/ECCH database.

• Online sessions totalling 5 hours on weekly basis supplemented with up to 20 hours study time.

Business Economics, Strategy and Organisation Performance

To provide participants with an advanced understanding of organisation business models and the economics around strategy, together with how human capital and human capital management generate competitive advantage. The module also focuses on the measuring of organisation performance.

2nd Quadmester

Governance, Ethics and Employment Law

To provide participants with an advanced understanding of governing enterprises (public and private) and common ethical issues/dilemmas related to organisations. This module also reviews employment law in the context of corporate social responsibility.

Effective Leadership and Change

To provide participants with a thorough understanding of what effective leadership is and what difference it makes through critical evaluation of competing leadership theories and their relationship to successful change scenarios.

3rd Quadmester

Talent Planning and Resourcing

To provide participants with a thorough understanding of how organisations manage the planning and resourcing of talent. The module provides a critical evaluation of the empirical research in this field and its application.

Talent Development Architecture

To provide participants with a thorough understanding of how organisations manage the development of talent, through evaluating successful and not so successful programmes/ initiatives.

4th Quadmester

Performance, Reward and Organisation Design

To provide participants with an advanced understanding of the ‘three-legged’ stool – performance-reward-organisation design and how they enhance or hinder organisation performance.

Employee Engagement & Organisation Performance

To provide participants with a thorough understanding of employee engagement through critically evaluating the antecedent empirical research. The module also focuses on the organisation performance link to employee engagement and what it means.

Strategic Human Capital Management project/ dissertation

To provide participants with a thorough understanding of what strategic HCM is, its importance and impact in driving/maintaining competitive advantage. The module also provides a structured approach to human capital reporting from both internal and external perspectives.

• For Masters Compact,

conduct a project

combining learning and

material from the course

with application to a

chosen organisation.

• For Masters, conduct a

dissertation with chosen

topic.

7.0 HCMI subject modules (summary)

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8.0 HCMI subject modules/CPD

Voluntary CPD It is expected, in line with the ‘thinking’ and ‘expert’ practitioner guidelines, that practitioners may wish to undertake other voluntary CPD relating to their individual needs and ambitions supplementing the mandatory component. This focus on the practitioner’s learning needs will support changes and improvements in practice.

An individual’s voluntary CPD activities should reflect and be relevant to their profile of professional practice and performance. CPD should include activities relevant to the workplace (though not necessarily within it), and a balance of learning methods which include a component of active learning.

Purpose summary Subject matter

Mandatory Continuing professional development

Annual CPD

To ensure that all HCMI qualified professionals receive relevant update of material with industry developments/best practice and to ensure the professional standards of HCMI are maintained.

• Review of topics set by HCMI curriculum and market/research developments

Continuous professional development As human capital management continues to evolve through innovation, applied research or in response to changing organisational needs, the HCMI qualification represents a ‘mid-point’ for a qualified professional practitioner.

A core component of the HCMI qualification is an annual mandatory requirement to attend a series of ‘HCMI’ CPD courses relating to the core areas of the HCMI syllabus.

Becoming a member of the HCMI All practitioners enrolled on the HCMI qualification or short courses become automatic members of the HCM Institute with associated benefits (see www.HCMIglobal.org).

The difference between the Masters Compact and the Masters The Masters Compact is designed as a 1-year (120 credit) Level 7 qualification. The M. Sc. in HCM requires a further year of study (120 credits) also at Level 7. The Masters Compact includes a set project module whereas the Masters includes a dissertation.

The subject headings for both remain the same with the second year for the Masters encompassing what we term a ‘panoptic study’. This essentially means that the subject matter is more detailed and undergoes further critical evaluation to provide a truly comprehensive , expert understanding to enrich year one (Masters Compact) learning and application.

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9.0 Timeline of study programme

The next 12-month programme commences in January 2015 with completion due in December 2015.

STRATEGIC HUMAN CAPITAL MANAGEMENT

ANNUAL CPD MODULE

For Masters

(second year):

the dissertation

MHCMI AWARD

Timeline

mid Jan –

Feb 2015

Submit individual

project/dissertation

proposal

Mar - Apr

2015

May

2015

Jun - Jul

2015

Sep –Oct

2015

Nov – mid

Dec 2015

Jan 2016

Submit final project or

dissertation

Annual various dates

For Masters

Compact:

the project

Or

FUNDAMENTALS OF MANAGEMENT

BUSINESS ECONOMICS, STRATEGY

& ORGANISATION PERFORMANCE

GOVERNANCE, ETHICS &

EMPLOYMENT LAW

PERFORMANCE, REWARD & ORGANISATION DESIGN

EMPLOYEE ENGAGEMENT & ORGANISATION PERFORMANCE

EFFECTIVE LEADERSHIP AND CHANGE

TALENT PLANNING & RESOURCING TALENT DEVELOPMENT

ARCHITECTURE

Aug

2015

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10.0 HCMI programme fees

Programme costs and timelines

The course calendar for all HCMI courses runs from January to December. For those accepted on enrolment to the MHCMI programme, the course costs, per practitioner, are the following:

M. Sc. in HCM, £1975 (second year completion)

Masters Compact in HCM, £1975

For the Diploma in HCM, £1595

For the Certificate in HCM, £995

Thus, the total cost for the M. Sc. In Human Capital Management is £3950 over two years, with the Masters Compact forming the first year. All prices quoted exclude VAT and any core study texts required.

The M Sc. HCM is achieved through a blended learning programme equivalent to 240 credits. All course programmes are designed to be completed within 12 months to allow for work commitments. Thus any successful period of study in 12 months will always result in achieving a qualification.

Continuing Professional Development

The CPD requirements of the MHCMI accreditation are very unique in that it requires an annual ‘online attendance and assessment’ (‘Mini-Masters’) equivalent to 40+ hours including pre/post work. The cost for this annual CPD is £100 per practitioner.

All MCHMI practitioners are encouraged to engage in any annual CPD of their choice. However, only completion of the ‘mini-Masters’ CPD, as described above, will count towards continuing MHCMI accreditation.

Stage 1

Application

Stage 2

Fees payment

Open registration commences 1st September 2014

Complete online application (5 minutes)

Application reviewed by

Admissions Panel (24 hours)

Enrol Application deferred

Any fees due must be paid by 14th December 2014 prior to commencement of course

Enrolment Application deferred

Stage 3

Study preparation

• Calendar dates • Organise/plan personal time • Course texts • Technology acclimatisation

Ready See Option A

Option A Option B

We request that an up-to-date CV is forwarded in conjunction with online application.

The online application will take less than 5 minutes to complete.

All complete applications will be reviewed by the Admissions Panel and a decision made to offer enrolment or defer the application within 24 hours.

All enrolled student-practitioners will require a nominated corporate sponsor, normally from within the HR function or the direct line manager. If there is any query regarding this stipulation please refer to Admissions Registrar at the address below.

Course fees are to be paid in full by 14th December preceding January 2015 start-date.

The philosophy and design of the course is such that deferment is treated as an exceptional case. The School reserves the right to make any final decision.

For further information, please telephone our admissions department on: +44 (0)20 7887 6121 or e-mail: admissions@ishcm.com.

11.0 Admissions

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Admissions Registrar

International School of Human Capital Management

2nd Floor

Berkeley Square House

Berkeley Square

London

W1J 6BD

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Current Faculties

• Human Capital Management

The HCM faculty is currently engaged in a number of leading research projects on performance management, organisation design, talent management and human capital measurement and their link to superior competitive advantage.

• Employee Engagement

The EE faculty is currently undertaking a series of white papers in the area of employee engagement including further work on the impact of Employee Engagement on organisation performance.

• Evidence-based Leadership

The faculty is currently engaged on research and preparation of organisational case studies around evidence based leadership and decision-making.

• Enterprise governance and Ethics

The recently created faculty is conducting research and preparing a number of white papers on the challenges and issues facing organisations with regard to governance and ethics.

• HR Leadership and Operational Excellence

The faculty is currently engaged on research and preparation of organisational case studies on HR strategy, governance and effective HR functions.

12.0 Faculties

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13.0 Location

VaLUENTiS International School of Human Capital Management

2nd Floor Berkeley Square House

Berkeley Square London

W1J 6BD Tel +44 (0)20 7887 6121 Fax +44 (0)20 7887 6100

www.ishcm.com

‘Transforming HR’