Insight222’s People Analytics Trends study for 2023 finds that people analytics continues to grow despite a challenging global economy. Our research has substantially increased in size over the years, and this year is no exception. Over 270 companies provided data for this study.
Read MorePeople analytics work that leads to a clear return on investment excites senior business leaders. It also provides the climate to elevate the function and create more investment. Leading Companies in people analytics measure the financial impact of the team's solutions. However, not every people analytics project is about financial return – people analytics creates impact and delivers value for business performance, workforce experiences, analytics culture and societal benefits. So, what do we mean by the 'value' of people analytics work? Why is it important? And why should we have metrics to measure the value of different people analytics projects?
Read MoreThe echoes of insightful conversations and transformative experiences still reverberate as I reflect on the recently concluded 6th Annual Insight222 Global Executive Retreat 2023. This exclusive annual Retreat is a crucible of ideas, collaboration, and insights for senior HR and people analytics leaders. This year was the first face-to-face Retreat that brought together European and North American leaders from member companies of the Insight222 People Analytics Program since COVID-19. The Retreat was set amongst the stunning scenery and rarefied air of the Rocky Mountains at The Devil's Thumb Ranch in Colorado. It was refreshing to see so many faces, both new and familiar.
Read MoreData literacy for HR professionals is defined as the ability to interpret insights from data and use them to inform decisions that create value in their everyday roles. This surpasses the technical skills needed to extract data from dashboards or generate worksheets for reporting purposes.
Read MoreA data-driven culture is essential for the people analytics function to deliver value at scale for their organisation. Only through a partnership with data-literate HR colleagues can the people analytics team ensure it is working on the most important business challenges and scale solutions across the enterprise.
Read MoreA data-driven culture is essential for the people analytics function to deliver value at scale for their organisation. Only through a partnership with data-literate HR colleagues can the people analytics team ensure it is working on the most important business challenges and scale solutions across the enterprise.
Read MorePeople analytics is growing. This is evident from the continued investment that global organisations are making in their people analytics functions, the increase in influence of people analytics leaders within companies, and the growth of the human resources (HR) technology market. Coupled with this growth, in today’s fast-changing business landscape and with such rapidly evolving technological advances, the importance of being proficient in data literacy – in general, and for HR in particular – has become more critical than ever.
Read MoreWhat are Leading Companies doing differently with people analytics to impact more business value? We often hear this question from CHROs and senior HR executives looking to add greater business value to their organisations with people analytics. As a result, Insight222 focused its People Analytics Trends research this year on investigating what “the best of the best” in people analytics are doing. These organisations are called “Leading Companies” and the aim of this year’s research was to identify key characteristics that allow them to deliver more value and create more impact in their businesses, than others.
Read MoreWith the growing awareness of people analytics and how it delivers actionable value to their organisations, business leaders are turning their attention to implementing it into the most profitable sectors of their company. Understandably, there is a desire to gain the most return on investment from the performance. To accomplish this, it is essential to know where people analytics contributes the highest value and focus energy in that direction.
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