The document discusses people analytics and how companies can more effectively measure and analyze human capital data. It addresses how people are often seen as costs rather than assets, and how few companies effectively report on human capital performance. People analytics aims to help companies make better workforce decisions by capturing, measuring, and analyzing people data through methods like big data analytics. The document also examines why companies struggle with people analytics and provides frameworks for how to improve in this area.
2. Agenda:
Are People Assets or Costs?
The Age of People Analytics.
Efficiently Capturing, measuring,
reporting and analysing People data.
Why do companies struggle to move to
People Analytics?
A way forward.
3. 80% of the real value has
left the balance sheet and
can only be depicted
through the intangibles.
- CIPD
5. HRM Vs. Finance
Who has the onus?
The quality of reporting human capital resources among
the FTSE 100 is highly varied and rarely do we come across
useful performance matrices other than where there is a
regulatory compliance. -PLSA
6. B L A C K B O X
P E O P L E
I N V E S T M E N T S
E N G A G E M E N T
M O T I V A T I O N
T R A I N I N G
O R G A N I S A T I O N A L
O U T C O M E S
P E R F O R M A N C E
R E V E N U E
P R O F I T
7. What do we mean by
Talent
People
Workforce
Human Resources
Human Capital
Human Capital Resources
8. I M P A C T O F T E C H N O L O G Y
H R I M
I N F O R M A T I O N S Y S T E M S
H R M S
M A N A G E M E N T S Y S T E M S
9. A G E O F P E O P L E A N A L Y T I C S
H C M
B A S I C D A T A
I N T E R M E D I A T E D A T A
H I G H L E V E L D A T A
H C A
B I G D A T A
P E O P L E A N A L Y T I C S
F I N A N C I A L I M P A C T
10. People Analytics refers to the method of
analytics that can assist managers and
executives make decisions about their
workforce that help recruit, retain,
motivate, and, develop talent and
leadership.
11. W O R K F O R C E C O N C E R N S
S O U R C E : H B R
12. R O L E O F P E O P L E D A T A I N
D E C I S I O N M A K I N G
S O U R C E : H B R
13. B I G G E S T O B S T A C L E S T O A C H I E V I N G B E T T E R
U S E O F D A T A , M A T R I C E S A N D A N A L Y T I C S
S O U R C E : H B R
14. T H E V A L U I N G Y O U R T A L E N T F R A M E W O R K
S O U R C E : C I P D
15. I N D I C A T I V E A L G O R I T H M S
S O U R C E : C I P D
16. W H Y D O C O M P A N I E S S T R U G G L E ?
S O U R C E : C I P D
17. 'Data is not information, information is
not knowledge, knowledge is not
understanding, understanding is not
wisdom’.
-JOHN KAY
18. T H E G O L D E N T R I A N G L E
T H E
V A L U E
T R I A D
C F O
R I S K
C E O
S T R A T E G Y
C H R O
C A P A C I T Y
S O U R C E : H E S K E T H & H B R
19. S E V E N C O M P E T E N C I E S O F A W O R L D C L A S S
A N A L Y T I C S T E A M
20. People Analytics, A way forward.
Engagement
Employee Costs
Recruitment Costs
Training and Development Costs