Workforce Analytics Approach
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Workforce Analytics Approach
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Author : Jyotiranjan Hota
language : en
Publisher:
Release Date : 2017
Workforce Analytics Approach written by Jyotiranjan Hota and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Workforce management is always a challenge for organizations of all sizes. Proper workforce planning to evaluate ability and utilization of workforce provides strategic intent of organizations through the usage of Workforce analytics. Workforce Analytics can measure efficiency of workforce, provides correct information for decision making and improve the productivity of firms through identification of the loopholes of the workforce management processes. This paper discusses workforce analytics tools as best of the breed practices of workforce management. The paper also discusses the scopes and benefits of using Workforce analytics tools as an aid of workforce planning.
Calculating Success
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Author : Carl Hoffmann
language : en
Publisher: Harvard Business Press
Release Date : 2012
Calculating Success written by Carl Hoffmann and has been published by Harvard Business Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
This title helps us in using analytics to make more effective talent management decisions. Most managers understand that employees can make or break a company's strategy. You can have the best ideas and the most promising plan, but if you don't have the right people to carry it out, that plan will fail. Still, despite having this critical knowledge, most companies don't have a data-driven approach to the decisions they make about talent. In fact, a recent IBM study that interviewed over 400 senior HR executives showed that only 6 per cent of companies believe they can effectively use human capital data to make strategic workforce decisions. Enter "Calculating Success", the forthcoming book by human capital experts Carl Hoffmann, Eric Lesser, and Tim Ringo. Based on decades of experience creating human capital systems at IBM, the authors show how using analytics can dramatically improve a company's ability to make better and faster talent decisions. By organizing the book around four crucial questions managers must ask, the book provides a framework to help executives rethink how they use information on talent. The result? A path to using analytics to make more effective talent management decisions. In addition, the authors' ideas help to link HR with all levels of the organization in a strategic way, by showing readers how to connect their version of analytics to the strategic mission of the larger organization, so that the analytics flows throughout the enterprise. With detailed examples and studies from IBM's Institute for Business Value and Human Capital Management practice, this book will make you rethink the relationship of talent to business success. The results allow for a more stable and cost-effective workforce, an improved ability to motivate employees, and a more systematic approach to developing critical talent.
Hr Analytics
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Author : Tracey Smith
language : en
Publisher: Numerical Insights LLC
Release Date : 2013-10-22
Hr Analytics written by Tracey Smith and has been published by Numerical Insights LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-22 with Business & Economics categories.
How can HR show value? With 20+ years of analytical expertise, the author guides you into the land of HR analytics to answer this question. The reader of this book is a business leader, an HR leader, analyst, student or just plain curious about what analytics in the Human Resource function is all about. It is intended for the business-minded individual interested in learning about the strategic advantages which can be obtained from performing analytics on the wealth of data stored in HR systems. The book begins with a brief history of the evolution of HR information and explains some of the differences between the stages of information progression. It also provides an opinion on who needs to know these differences and who doesn’t. The book moves on to provide advice on how to best select metrics for HR and how to approach an analysis is an organized way. A full chapter is dedicated to practical examples in order to assist the reader in generating ideas of how to provide value to the organization. Examples are provided using simple and more advanced techniques. The intent, however, is to show where value can be found in HR data and not to provide instruction on mathematical techniques. For the HR leader, the book will go on to examine the advantages and disadvantages of trying to build these capabilities in-house and will provide a realistic view of the challenges associated with implementing analytics in Human Resources. For the HR analyst, a section is included to discuss the realistic challenges you will face in collecting and analyzing HR data. Those entering this field or thinking about it, can then go in with their eyes wide open. A brief introduction to Strategic Workforce Planning is provided because it overlaps with HR analytics in one of its major steps. Finally, the book provides advice and opinions on data analysis and visualization tools available to the HR professional. What Will This Book Do for Me? Before the reader embarks on his / her journey through the pages of this book, it is important to know the types of questions that will be answered. Only then can the reader determine the true value of this material for his / her business. The list below is not all inclusive, but will provide the reader with an idea on how the information contained herein can be used. 1. How can I show some HR analytics quick wins to my leadership team? 2. What are the evolutionary stages of analytics and in what stage are most businesses? 3. How can I organize my analysis efforts? 4. What can regression analysis do for me? 5. How can I link HR to the business? 6. How can I get strategic value out of an HR survey? 7. Should I have an in-house analytics group? If so, which skill sets should I look for? 8. What challenges can I realistically expect to face if I head into HR analytics? Under the new pressure for Human Resources to provide higher value to the company, answering these and similar questions for the organization will increase the strategic level of Human Resources.
People Analytics In The Era Of Big Data
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Author : Jean Paul Isson
language : en
Publisher: John Wiley & Sons
Release Date : 2016-04-25
People Analytics In The Era Of Big Data written by Jean Paul Isson and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-25 with Business & Economics categories.
Apply predictive analytics throughout all stages of workforce management People Analytics in the Era of Big Data provides a blueprint for leveraging your talent pool through the use of data analytics. Written by the Global Vice President of Business Intelligence and Predictive Analytics at Monster Worldwide, this book is packed full of actionable insights to help you source, recruit, acquire, engage, retain, promote, and manage the exceptional talent your organization needs. With a unique approach that applies analytics to every stage of the hiring process and the entire workforce planning and management cycle, this informative guide provides the key perspective that brings analytics into HR in a truly useful way. You're already inundated with disparate employee data, so why not mine that data for insights that add value to your organization and strengthen your workforce? This book presents a practical framework for real-world talent analytics, backed by groundbreaking examples of workforce analytics in action across the U.S., Canada, Europe, Asia, and Australia. Leverage predictive analytics throughout the hiring process Utilize analytics techniques for more effective workforce management Learn how people analytics benefits organizations of all sizes in various industries Integrate analytics into HR practices seamlessly and thoroughly Corporate executives need fact-based insights into what will happen with their talent. Who should you hire? Who should you promote? Who are the top or bottom performers, and why? Who is at risk to quit, and why? Analytics can provide these answers, and give you insights based on quantifiable data instead of gut feeling and subjective assessment. People Analytics in the Era of Big Data is the essential guide to optimizing your workforce with the tools already at your disposal.
Predictive Analytics In Human Resource Management
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Author : Shivinder Nijjer
language : en
Publisher: Taylor & Francis
Release Date : 2020-12-03
Predictive Analytics In Human Resource Management written by Shivinder Nijjer and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-03 with Business & Economics categories.
This volume is a step-by-step guide to implementing predictive data analytics in human resource management (HRM). It demonstrates how to apply and predict various HR outcomes which have an organisational impact, to aid in strategising and better decision-making. The book: Presents key concepts and expands on the need and role of HR analytics in business management. Utilises popular analytical tools like artificial neural networks (ANNs) and K-nearest neighbour (KNN) to provide practical demonstrations through R scripts for predicting turnover and applicant screening. Discusses real-world corporate examples and employee data collected first-hand by the authors. Includes individual chapter exercises and case studies for students and teachers. Comprehensive and accessible, this guide will be useful for students, teachers, and researchers of data analytics, Big Data, human resource management, statistics, and economics. It will also be of interest to readers interested in learning more about statistics or programming.
Fundamentals Of Hr Analytics
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Author : Fermin Diez
language : en
Publisher: Emerald Group Publishing
Release Date : 2019-11-11
Fundamentals Of Hr Analytics written by Fermin Diez and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-11 with Business & Economics categories.
Providing practical, hands-on approaches to connect data to HR policies and practices to help influence overall business performance, this book is an essential resource for aspiring, new and experienced HR professionals across a wide range of industrial contexts.
Excellence In People Analytics
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Author : Jonathan Ferrar
language : en
Publisher: Kogan Page Publishers
Release Date : 2021-07-03
Excellence In People Analytics written by Jonathan Ferrar and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-03 with Business & Economics categories.
Effectively and ethically leveraging people data to deliver real business value is what sets the best HR leaders and teams apart. Excellence in People Analytics provides business and human resources leaders with everything they need to know about creating value from people analytics. Written by two leading experts in the field, this practical guide outlines how to create sustainable business value with people analytics and develop a data-driven culture in HR. Most importantly, it allows HR professionals and business executives to translate their data into tangible actions to improve business performance. while navigating the rapidly evolving world of work. Full of practical tools and advice assembled around the Insight222 Nine Dimensions in People Analytics® model, this book demonstrates how to use people data to increase profits, improve staff retention and workplace productivity as well as develop individual employee experience. Featuring case studies from leading companies including Microsoft, HSBC, Syngenta, Capital One, Novartis, Bosch, Uber, Santander Brasil and American Eagle Outfitters®, Excellence in People Analytics is essential reading for all HR professionals needing to unlock the potential in their people data and gain competitive advantage
Workforce Analytics Complete Self Assessment Guide
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Author : Gerardus Blokdyk
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-07-24
Workforce Analytics Complete Self Assessment Guide written by Gerardus Blokdyk and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with categories.
What does Workforce Analytics success mean to the stakeholders? Are there Workforce Analytics problems defined? How do we keep improving Workforce Analytics? How do we go about Comparing Workforce Analytics approaches/solutions? What tools and technologies are needed for a custom Workforce Analytics project? Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role... In EVERY company, organization and department. Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' For more than twenty years, The Art of Service's Self-Assessments empower people who can do just that - whether their title is marketer, entrepreneur, manager, salesperson, consultant, business process manager, executive assistant, IT Manager, CxO etc... - they are the people who rule the future. They are people who watch the process as it happens, and ask the right questions to make the process work better. This book is for managers, advisors, consultants, specialists, professionals and anyone interested in Workforce Analytics assessment. All the tools you need to an in-depth Workforce Analytics Self-Assessment. Featuring 609 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Workforce Analytics improvements can be made. In using the questions you will be better able to: - diagnose Workforce Analytics projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in Workforce Analytics and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the Workforce Analytics Scorecard, you will develop a clear picture of which Workforce Analytics areas need attention. Included with your purchase of the book is the Workforce Analytics Self-Assessment downloadable resource, which contains all questions and Self-Assessment areas of this book in a ready to use Excel dashboard, including the self-assessment, graphic insights, and project planning automation - all with examples to get you started with the assessment right away. Access instructions can be found in the book. You are free to use the Self-Assessment contents in your presentations and materials for customers without asking us - we are here to help.
Hr Analytics In Practice
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Author : Rania Elanwer
language : en
Publisher:
Release Date : 2021
Hr Analytics In Practice written by Rania Elanwer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
Integrating analytics in the workforce development field is becoming a mandate, and the human resource (HR) analytics approach is a promising technique that allows forming evidence-based decisions and reduce risk associated with investments decisions. Although scholars and practitioners are continuously mandating analytics as a must have capabilities for HR professionals, the workforce development related literature is significantly falling behind in guiding HR professionals to advance their capabilities in using analytics. Most of the related studies focused on promoting analytics and there has been no reports of efforts about the process of putting analytics into practice. This study focuses on putting HR analytics into practice by connecting the HR analytics approach to machine learning, as one of the most advanced analytical approaches, to solve a real business problem. This study focuses on providing a demonstration to the process of developing a machine learning project to solve a real business problem. Specifically, the study uses the CRISP-DM (Cross Industry Standard Process for Data Mining) model to guide the process of building various machine learning models to predict employee absenteeism. Using the CRISP model, the process is organized in six steps: business understanding, data understanding, data preparation, modeling, evaluation, and deployment. The study provides a demonstration to all the steps in order to build a machine learning project that focuses on understanding the business problem, form the appropriate machine learning problem, collect data that is related to the machine learning objectives, prepare the data for the analysis, build and evaluate the predictive model, and finally explain the machine learning model's predictions in order to build trust with the model's results.
Introduction To People Analytics
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Author : Nadeem Khan
language : en
Publisher: Kogan Page Publishers
Release Date : 2020-04-03
Introduction To People Analytics written by Nadeem Khan and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-03 with Business & Economics categories.
An understanding of people analytics is a crucial skill for all HR professionals. No longer limited to employees in data teams or those with analyst in their job titles, people analytics is now an integral part of every HR job. Introduction to People Analytics allows all HR professionals to get to grips with analytics, feel confident in their ability to handle employee and organizational data and use analytics to move from opinions to insights. From where to find data in an organization, how to collect it and analyse it through to how to use these findings to add business value, Introduction to People Analytics is essential reading for all HR professionals. With case studies and thought leadership insights from companies who have leveraged people analytics to improve culture and employee engagement, increase performance and reduce costs including NHS, Brompton Bikes, British Heart Foundation, King, Experian and AstraZeneca, FIS and Swarovski, this book shows how and where HR analytics can make a tangible difference to organizations. There is also expert guidance and practical advice on how to embed analytics into HR processes and adopt a data-driven approach to all workplace activities.
