People Analytics Strategy   15-page Word document
$25.00

People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
Flevy is the marketplace for business best practices.
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
People Analytics Strategy (15-page Word document) Preview Image
Arrow   Click main image to view in full screen.

People Analytics Strategy (Word DOCX)

Word (DOCX) 15 Pages

$25.00
Explore our People Analytics Strategy guide, crafted by UJ Consulting, to leverage data-driven insights for enhanced HR performance and business outcomes.
Add to Cart
  


Immediate download
Fully editable Word
Free lifetime updates

BENEFITS OF DOCUMENT

  1. Provide a Six Common Uses For People Analytics
  2. Provide a A Guide to Implementing People Analytics
  3. Provide a The Process of People Analytics

DESCRIPTION

This product (People Analytics Strategy) is a 15-page Word document, which you can download immediately upon purchase.

People Analytics Strategy
How People Analytics Will Transform Business

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

What is people analytics?
People analytics is the practice of collecting and applying organizational, people, and talent data to improve critical business outcomes. It enables HR departments to develop data-driven insights to improve performance of an organization.

Benefits of People Analytics :
1. Improves Talent Acquisition
2. Improves Retention
3. Real-time Information
4. Enhances Employee Experience
5. Identify Skill Gaps
6. Better Productivity

A Guide to Implementing People Analytics

To kick-start the HR analytics in a company, formulate the questions about the workforce that correlate to business outcomes a company must achieve: What do we need to measure? How are given metrics interconnected with each other? What events or values are necessary to forecast?

When documenting a custom KPI or metric, describe in detail:
• What measure it expresses
• How it's calculated/generated
• In what form it's represented (text, numeric)
• With what frequency the measure must be taken.
• From what data source an indicator will be retrieved for the processing and analysis.

Once you defined indicators to track or forecast, documenting sources from which to
pull this data won't be difficult.

While the number of data sources is company-dependent, they may include:
• ERP HR module (generally has several features and thus data related to time tracking, employee scheduling, payroll management, or absence management.)
• Recruiting tools/applicant tracking systems
• Employee scheduling software
• Talent management software
• Training systems
• Google Sheets or Excel files, if you use those
• Skill testing solutions

Three Key Level-based Checks to Choose the Right People Analytics Tools
With a vast array of available vendors, options, and subscription plans, choosing the right people analytics tools can often seem like a rather daunting task. Here's a three-level need-based check to make the right decision.

Level 1: A working HR dashboard
To get started with people analytics, use a basic dashboard that allows you to capture, aggregate, and visualize data.

Tools like Power BI, Tableau, and Qlik allow ease of use and ease of data access. With a level 1 requirement, your priority should be to keep your people analytics system as simple as possible.

Level 2: An insightful HR dashboard
You may have a steady dose of relevant data and need basic insights to analyze better and make stronger decisions.

Statistical tools like Excel or SPSS are effective as well, though they may not come with quirky visual aids and social-media style interfaces.

Tools like Visier, while taking some time to be set up, come with holistic analytics solutions.

Level 3: A predictive HR dashboard
Your organization is at the third requirement level when you seek not only to analyze data but also to make intuitive predictions based on upcoming trends. These tools help you study behavior in a way that you can predict the next course of action.

Thank you for your attention.

Regards,

UJ Consulting

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Human Resources, HR Strategy, Analytics, Talent Management Word: People Analytics Strategy Word (DOCX) Document, UJ Consulting


$25.00
Explore our People Analytics Strategy guide, crafted by UJ Consulting, to leverage data-driven insights for enhanced HR performance and business outcomes.
Add to Cart
  

ABOUT THE AUTHOR

Author: UJ Consulting
Additional documents from author: 203

UJ Consulting

Untung Juanto ST., MM. Founder of UJ Consulting. He is professionally experienced business and management consultant in several local and multinational companies. He has an experience in managing an effective and efficient company with various approach methods adapted to different industries because He had a career from the lower management level as Supervisor before finally ... [read more]

Ask the Author a Question

You must be logged in to contact the author.

Click here to log in Click here register

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials

 
"I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact "

– Roberto Pelliccia, Senior Executive in International Hospitality
 
"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The "

– Roderick Cameron, Founding Partner at SGFE Ltd
 
"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

– Moritz Bernhoerster, Global Sourcing Director at Fortune 500
 
"I am extremely grateful for the proactiveness and eagerness to help and I would gladly recommend the Flevy team if you are looking for data and toolkits to help you work through business solutions."

– Trevor Booth, Partner, Fast Forward Consulting
 
"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."

– Royston Knowles, Executive with 50+ Years of Board Level Experience
 
"I have found Flevy to be an amazing resource and library of useful presentations for lean sigma, change management and so many other topics. This has reduced the time I need to spend on preparing for my performance consultation. The library is easily accessible and updates are regularly provided. A wealth of great information."

– Cynthia Howard RN, PhD, Executive Coach at Ei Leadership
 
"Flevy.com has proven to be an invaluable resource library to our Independent Management Consultancy, supporting and enabling us to better serve our enterprise clients.

The value derived from our [FlevyPro] subscription in terms of the business it has helped to gain far exceeds the investment made, making a subscription a no-brainer for any growing consultancy – or in-house strategy team."

– Dean Carlton, Chief Transformation Officer, Global Village Transformations Pty Ltd.
 
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I "

– M. E., Chief Commercial Officer, International Logistics Service Provider


Your Recently Viewed Documents
Document Bundle
$149.97 Bundle of 3 Documents
     

Customers Also Bought These Documents


Customers Also Like These Documents

Related Management Topics


Human Resources HR Strategy Talent Management Talent Strategy Human Resources Management Corporate Culture Organizational Culture Analytics Business Intelligence Leadership Employee Engagement Employee Management Workforce Management Value Stream Mapping VSM Digital Transformation Customer Experience Business Transformation Digital Transformation Strategy Cyber Security User Experience Customer Strategy Cybersecurity Mobile Strategy Organizational Transformation IT Security Corporate Transformation Quality Management Quality Management & Assurance Remote Work Virtual Teams Telework Virtual Work Bain PowerPoint McKinsey PowerPoint Bain Presentations Bain Frameworks Boston Consulting Group PowerPoint Consulting Frameworks PwC PowerPoint Mercer PowerPoint Bain Templates Accenture Templates McKinsey Templates Boston Consulting Group Templates Accenture PowerPoint Consulting Methodologies Booz Documents PwC Templates Capgemini PowerPoint Oliver Wyman Presentations Boston Consulting Group Frameworks E&Y PowerPoint IBM Presentations Oliver Wyman Templates Strategy Consulting Frameworks Bain Documents IBM Documents Capgemini Documents Roland Berger PowerPoint A.T. Kearney PowerPoint BCG Documents Accenture Frameworks BCG Frameworks BCG PowerPoint Oliver Wyman PowerPoint Consulting Documents BCG Presentations A.T. Kearney Documents Management Consulting Frameworks BCG Templates E&Y Templates Roland Berger Presentations Capgemini Templates Boston Consulting Group Documents LEK Frameworks Booz Allen Presentations E&Y Frameworks McKinsey Presentations Booz Allen Frameworks A.T. Kearney Frameworks IBM Templates Booz Allen PowerPoint Accenture Documents Accenture Presentations A.T. Kearney Templates McKinsey Frameworks Boston Consulting Group Presentations McKinsey Documents LEK PowerPoint Mercer Templates Roland Berger Frameworks Capgemini Frameworks Booz Presentations Roland Berger Templates PwC Frameworks Booz Allen Templates Booz Templates Strategy& Presentations Oliver Wyman Documents Mercer Presentations LEK Documents PwC Presentations LEK Templates IBM PowerPoint Capgemini Presentations E&Y Documents Oliver Wyman Frameworks Booz Allen Documents PwC Documents IBM Frameworks Mercer Frameworks Mercer Documents LEK Presentations Booz PowerPoint Booz Frameworks Strategy Documents Organizational Design A.T. Kearney Presentations Roland Berger Documents Business Frameworks E&Y Presentations Strategy& PowerPoint Deloitte PowerPoint Consulting Process Organizational Alignment Organizational Effectiveness A.T. Kearney Frameworks Organizational Development A.T. Kearney PowerPoint A.T. Kearney Templates A.T. Kearney Documents A.T. Kearney Presentations Gap Analysis Best Practices Key Performance Indicators KPI BDP Critical Success Factors Key Success Factors Best Demonstrated Practices Performance Management Behavioral Economics Enterprise Performance Management Performance Measurement Behavioral Strategy Sales Hiring Sales Strategy Interviewing Sales Management Recruitment Maturity Model Business Maturity Model Data & Analytics Data Monetization Learning Organization

Download our FREE Organization, Change, & Culture, Templates

Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc.