"AI will not take your job; someone who knows how to use AI will”. This now widely used quote encapsulates why Artificial Intelligence is not simply a tool that employees utilise but an extension and augmentation of their capabilities. While already 14% of organisations report that they regularly use AI in marketing and sales, HR's utilisation is near the bottom with only 3%.
Read MoreOur 2022 Insight222 People Analytics Trends research found that people analytics as a discipline has grown in importance. This is evident from the continued investment that global organisations are making in growing their people analytics functions. Our research also shows that the percentage of companies experiencing an increase in the size of their people analytics teams has increased yearly since 2020, with 65% having increased their team size in 2022.
Read More2023 is officially here! And with each New Year, comes a whole host of exciting HR trends and predictions. These include trends and predictions that may have been rolled over from the previous year, or brand new ones that may take the HR and people analytics world by storm. And each year we recap on the successes and failures of the past twelve months, and look ahead to the new opportunities that await us. But this year feels particularly momentous, as the world faces a complex set of challenges, including economic downturns, skyrocketing cost-of-living, and a widening skills gap.
Read MoreThe myriad of 2022 predictions are supremely useful for giving HR leaders a sense check, to ensure that their investments are targeting the most important elements for their function to thrive in the digital age. Similarly, HR professionals can use predictions to target their learning and development goals for the coming year, enabling them to keep a pulse on “what’s hot” in the field. In this blog, we take a look at a handful of HR’s 2022 prediction blogs and convert these insights into action, by guiding HR leaders to insights and models that can help inform their strategy in 2022, and HR professionals to resources to upskill in these areas.
Read MoreAs 2021 draws to a close, we take a look back at some of the most popular HR and People Analytics resources that the myHRfuture readers and the Digital HR Leaders podcast listeners have engaged with this year. There have certainly been some trending topics: Focusing on employee mental health, wellbeing and psychological safety, Preparing the organisation for the future of work with skills-based workforce planning, Upskilling HR professionals with the capabilities they need for the digital age and developing a data driven culture for HR to embed evidence-based decision making across the organisation. Read on to explore each topic in more detail and use the further reading lists at the end of each section to dive even deeper into these themes.
Read MoreWhen we asked over 100 people analytics leaders how they would define a data driven culture for HR, we had a myriad of responses ranging from “making data readily available and having the skills to interpret it to make better decisions” to “using people data to unlock value.” Upon analysis, it was determined that “using data to make decisions” was the most common response. An impressive 90% of companies surveyed in our recent research, state that their CHRO has made it clear that data and analytics are an essential part of HR strategy. In this blog we explore the role of the People Analytics leader in developing a data driven culture in HR.
Read MoreIt is almost universally accepted that companies with diverse leadership outperform those without; Gallup found that gender-diverse business units have higher average revenue than less diverse business units. Despite this, McKinsey’s Women in the Workplace 2020 report on workplace practices in over 300 companies highlights that although there has been a significant increase in women joining the workforce, women are not advancing into leadership. In this article David Green and Jonathan Ferrar discuss how ONA data can be used to understand how structural homophily within professional networks may be impacting career progression.
Read MoreFiguring out how to prioritise projects is a crucial step towards successful people analytics. A common concern from people analytics professionals is, how can I possibly manage the concerns of - and bombardment of requests from - multiple business stakeholders? In this blog Caroline Styr outlines the steps you can take to prioritise your People Analytics Projects.
Read MoreAll People Analytics projects should aim to support the business make better decisions and ultimately drive real business value. The challenge, then, for many People Analytics teams is to keep up with the pace of the business and changing business priorities. Without truly getting to the heart of the business problem and prioritising the projects that will drive the most change, people analytics teams regularly set themselves up for failure by not providing measurable impact on the work that they’re carrying out.
Read MoreIn this article David Green outlines five steps to getting started in people analytics: from learning about your business and ensuring you’re answering the right business questions with your people analytics projects to engaging the right stakeholders from the beginning. David walks through resources and case studies that might help you as you embark on this journey to build your people analytics capability.
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