We are witnessing the revolution of businesses not only due to the explosion of data but also because of the necessity of making quicker, smarter & informed decisions. All business functions have changed the way they were functioning in past and have started using data to make their life better.
Traditional HR analytics has always been restricted to few employee metrics due to a variety of reasons such as improper data management, lack of awareness, size and many more.
However in the dynamic era, business often have questions such as how can we improve workforce productivity, to whom should we promote, whom should we hire or how can we optimize bottom line.
These questions can no longer be solved alone with HR data, it has to be blended with other operational data and then it becomes operational level questions & it becomes People analytics.
In order to apply successful People analytics in any organization, we have to democratize analytics; we have to make HR executives self-sufficient to perform basic to intermediate level of analytics without getting dependent on other functions.
This video will help you understand how can you revolutionize your HR department, empower your employees and start the journey of becoming more efficient and profitable.
Mr. Andy Kaslow, CHRO, Cerberus, which clearly says the importance & need of People analytics.
“Today, HR has a seat at the table, and in order to maintain that business partnership, you need to have an analytics framework.”