People Analytics Driven Business Growth (PowerPoint PPTX)

People Analytics Driven Business Growth PPT

Contents
1. What is People Analytics
2. Six Common Uses For People Analytics
3. Benefits of People Analytics
4. People Analytics Strategy
5. A Guide to Implementing People Analytics
6. Step 1. Choose Metrics and KPIs to Monitor and Predict
7. Step 2. Define Data Sources
8. Step 3. Decide on a Tool: Off-The-Shelf or Custom
9. Step 4. Three Key Level to Choose the People Analytics Tools
10. Step 5. Set Up Data Infrastructure
11. Step 6. Build a Predictive Model
12. Step 7. Develop UI of a Solution
13. Step 8. Train Employees on How to Use The System
14. ETL (Extract, Transform, Load) and a Data Warehouse
15. Three Key People Analytics Trends
16. Transforming What HR Is and Does
17. Transforming HR business interactions.
18. Transforming the HR-employee relationship
19. The Process of People Analytics

People analytics is the collection and application of people and business data to important business decisions. With a strong people analytics strategy, you can uncover deep insights about your talent to make better business decisions. Insights that help you attract and retain top talent, boost engagement, and motivate performance.

Building an effective people analytics strategy can seem intimidating. But when you leverage the right process, you'll uncover key insights that are critical to strategic decision making. Here's how forward-thinking business leaders are shaping their people analytics strategy.

For your people analytics strategy to be worthwhile, you have to outline what realistic business goals you want to achieve. Without a business problem that needs solving or an opportunity that you want to uncover, your resources will go to waste.

A people analytics strategy can have a huge impact on retention, employee engagement, productivity, and hiring. And if you struggle in any of these areas, people analytics can serve as a tool to uncover insight, discover opportunities, and prompt the right action toward your goals.

Leaders need to create clarity around their data sources. Without clear, effective sources, you simply won't be able to uncover the insights that you need. Luckily, once you understand which data sources are available, you're on the right path toward discovering valuable employee insight. But until you assess and eliminate your data gaps, your insights won't be complete.

Data gaps happen when you don't gather the full scope of employee information. These gaps are all about the data that you don't have, but hope to collect. When you only focus on the data you do have, it's easy to miss out on opportunities. That's why leveraging many types of data sources helps you avoid data gaps and capture comprehensive insight about your people.

The right technology can streamline and support your people analytics strategy. When you have little experience collecting, analyzing, and interpreting data, your data integrity can suffer and your findings will be less reliable. Plus, without the ability to connect your data to business outcomes and take the right action, your data is useless.

That's why successful leaders are leveraging a people analytics platform that helps them gather, understand, and take action on their people data. In fact, high performing organizations are 2x more likely to use people analytics software than low performing organizations.

Regards,
UJ Consulting