Two of the key findings from the Insight222 People Analytics Trends Report for 2023 are: influence, developing relationships with C-suite and senior stakeholders is essential to deliver on key business priorities and value, measuring and delivering value, from people analytics efforts, is key for the impact of the function. Given the importance of these two topics for the field of people analytics, Influence and Value were the key themes for the Insight222 Peer Meeting in London.
Read MoreAs the economic climate continues to shift and technological advancements reshape industries, people analytics has become an essential tool for businesses to stay competitive and make informed decisions. Our Insight222 People Analytics Trends 2023 research: “Investing to Deliver Value: A New Model for People Analytics” is a testament to this, revealing that from 2020 - 2023, people analytics has grown by 43%, with 51% of the organisations surveyed admitting to increasing their team size in the next 18-24 months.
Read MoreThe journey towards a data-driven HR has been a slow but steady one. From traditional methods of recruitment, employee engagement and performance evaluation to using data and analytics to inform decisions, the HR industry has come a long way.
Read MoreThis blog underscores the transition from reactive to proactive HR practices, advocating for a data-driven culture that not only listens to but truly understands employee sentiment, enabling targeted interventions and a more nuanced approach to talent management. With predictive analytics and sophisticated algorithms, HR is empowered to anticipate and address potential issues before they escalate, positioning analytics not as a fleeting trend but as a cornerstone of future HR success.
Read More"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 MoreThe progression of business success has always been an intriguing narrative of innovation and strategic planning. From the days of the Industrial Revolution to the digital age, companies have relied on their ability to adapt and evolve to thrive. However, one factor has always remained constant: people.
Read MoreRecent research published by TI People on The State of EX revealed a concerning finding regarding the relationship between EX teams and finance leaders, which is that they don't really have one. Indeed, figure 1 indicates that of all cross-functional partners, EX/HR teams partner least with Finance, indicating their frequency of partnership over the last 12 months as ‘rare’.
Read MoreThe integration of artificial intelligence (AI) into the fabric of our work environments is neither a new concept nor an easily digestible one. We have been using it for years. However, since the arrival of generative AI and large language models (LLMs) such as OpenAI's ChatGPT, DALL-E, and Google's BARD, their presence in our daily lives has become more apparent.
Read MoreCompanies across the world are looking for ways to incorporate or expand their use of AI in HR processes, either by purchasing HR technology with AI built in, or by recruiting data scientists to join or support their people analytics team to develop in-house solutions.
Read MoreAs businesses face increasing challenges and complexities of navigating hybrid and remote working models, understanding EURSD regulations, economic uncertainty, and the rise of generative AI changing the way that the workforce operates - senior executives are now placing a greater emphasis on understanding their people data and utilising it to make informed decisions.
Read More
