In today's ever-evolving workplace, understanding and catering to the unique needs and preferences of each employee is not just a nice-to-have; it's a strategic imperative. Human Resource (HR) leaders are pivotal in driving this personalised approach, leveraging HR analytics to tailor employee experiences (EX) that not only resonate on an individual level but also drive substantial returns on investment.
Read MoreEffective human resource measurement is critical for organisations to make informed decisions, optimise their workforce, and drive overall success. While direct questioning has been a prevalent method for assessing employees and gathering data, deductive reasoning offers several advantages that make it a better instrument for human resource measurement. In this article Michael explores how you can unlock the power of deductive statistics to drive greater business outcomes.
Read MoreIf we look back at the history of HR, we can see that the field has come a long way. From the 19th century, the Industrial Revolution era, when HR was primarily focused on administrative and clerical tasks, to the present day, where HR is an integral part of the strategic business planning process - the field has seen significant advancements.
Read MoreThere is an increasing shift towards a focus on skills, which is arguably leading to a radical transformation of HR. Perhaps this isn’t a surprise given that 74% of CEOs are concerned about the availability of key skills, and worried that the shortage of talent will constrain growth. In this expert interview David Green speaks to Luigi Maria Fierro, Head of HR Strategy and People Analytics at ING to hear more about how ING is using people data to derive insights into the skills and capabilities required across the bank and how these insights can be used to inform their future workforce strategy.
Read MoreIn this expert interview David Green speaks to Vipin Sharma, Head HR Strategy, Analytics & HR Innovation Labs at Tata Steel, to understand how his team is tackling the challenge of creating a data driven culture in HR. Their focus on simultaneously democratising access to people data for decision making and upskilling HRBPs and the wider HR community has stood them in good stead to address important business challenges with people analytics, including bias in performance management, which we discuss here also.
Read MoreIn the part one and two of this three part blog series Ashish Parulekar, Head of People Analytics at Capital One, explored the role of the cartesian method and systems thinking in taking a structured approach to solving the complex and ambiguous problem of improving the productivity of knowledge workers. Having used the cartesian method to break down the underlying components and then used systems thinking to understand the order in which these components should be optimised. In this third and final article he focuses on the role of precision insights in figuring out which actions have the highest leverage.
Read MoreIn research conducted by Insight222 in 2020 into a new People Analytics Operating Model, the role of ‘Data Scientist’ had the highest predicted growth, with 57% of companies surveyed predicting an increase in headcount. This suggests a shift to undertaking more advanced and sophisticated analytics. In this blog we explore the evolution of analytics and the case for using advanced analytics in HR.
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