Demonstrated success in workforce analytics enables more precise understanding of how employees contribute to business success.
Several challenges must be overcome if HR is to lay a proper foundation for a workforce analytics.
Firstly, recent surveys suggest that HR staff are least effective in non-traditional roles, such as applying workforce analytics and understanding business fundamentals; such inexperience, coupled with increasing pressure for on-demand analysis, can potentially destroy any progress towards measurement maturity. HR professionals new to workforce analytics must decide what issues to investigate, how to interpret the results, and who should receive the findings and next steps. Even answering the questions of “where do I start?” and “what did I find?” can be difficult.
Secondly, many organizations seek to add human capital analytics responsibilities to HR Generalists’ already over-flowing portfolios; in such situations, the time constraints hinder the ability of new analysts to get the “reps” required for developing an analytics competency.
And thirdly, organizations must decide how best to utilize an emerging measurement capability, deciding which human capital issues possess the greatest opportunity for analysis and impact.
During this webinar, Mick will discuss how, across its membership of Fortune 1000 organizations, Infohrm has found that organizations can establish a set of “quick wins” to build momentum for their workforce analytics initiatives. The session will review different opportunities for data analysis, offer suggestions on how to add context to the results, and provide guidelines for translating data into information for strategic decision-making.
Using a combination of simple case studies, practical advice, and clear lessons learned, information presented in the webinar will aid all HR practitioners in avoiding common missteps and successfully launching a workforce analytics program.
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