Driving return on investment through people
One big reason why so few companies have a mature people analytics capability is the lack of data literacy in HR, according to Madhura Chakrabarti People analytics has emerged as an essential competency for professionals across the HR function. One major reason: profitability. Last year, a Bersin research study, which included […]
Companies which excel at people analytics including internal benchmarking, leadership planning models, and data visualisation/storytelling techniques are 3.1 times more likely to outperform their peers financially. However, the analytics bar is likely rising faster than HR can leap over it – and HR needs to take a more proactive role […]
Personal analytics can target key underlying causes of poor productivity, performance, business relationship/personal issues – and help effect more meaningful change for individuals, writes Rob Scott Generally, when we think about analytics we envisage the interrogation of heaps of data to unearth insights which help inform future decision making. This […]
There are three common challenges for HR in people analytics, according to an expert in the space, who said HR needs to think outside the functional box in order to get the most benefit out of any people analytics strategy. The first and most common people analytics issue is thinking […]
There are three important ways in which HR can transform its contribution from operational support to that of value-added business partners by leveraging people analytics, according to an expert in the area. The first of these steps is to create meaningful management reporting that informs and enables improved workforce management […]
