Human capital modelling and productivity analytics Masterclass
1. ...Leveraging the power of insights
Human Capital Modelling &
Productivity Analytics Masterclass2016
Unlocking the HR Dollar($) Language
29th to 31st August 2016
2. ...Leveraging the power of insights
The new HRBP Skill Set2016
Unlocking the HR Dollar($) Language
HR
Knowledge
Business
Knowledge
Consulting
Skills
Story Telling
Statistical
Modelling
Psychology
Technology
&
Databases
Data
Visualization
The business Unusual
Multi disciplinary environment
3. ...Leveraging the power of insights
HC Analytics Adoption2016
Unlocking the HR Dollar($) Language
100%
Analyticsadoptionlevels
50%
Only 4% of HR teams are
using any form of predictive
analytics today
0%
Source: Josh Bersin
Going beyond awareness to
strategic adoption and value
generation
4. ...Leveraging the power of insights
Impact on Profit2016
Unlocking the HR Dollar($) Language
100%
EnterpriseProfitgrowth
50%
Adoption of workforce
analytics Improved profit by
65%
0%
Source: Havard Business Review 2013
A reason to be visible in
the boardroom
5. ...Leveraging the power of insights
HR Still Lags Behind on analytics2016
Unlocking the HR Dollar($) Language
81%
77%
58%
56%
15%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90%
Finance
Operations
Sales
Marketing
HCM
6. ...Leveraging the power of insights
HC Business Intelligence Evolution2016
Unlocking the HR Dollar($) Language
Data
Information
Intelligence
Actionable
Insights
Story
Standards
&
Adequacy
Relevance
Reliability
Business
Context &
Strategy
Memorable
Business
Testimony
Data
Integrity
7. ...Leveraging the power of insights
HC Reporting Evolution2016
Unlocking the HR Dollar($) Language
Predictive Models, Scenario planning, Risk
Analysis & Mitigation
Value
Reporting
Statistical modelling and root cause
analysis to solve business problems.
Advanced
Analytics
Proactive operational reporting for
benchmarking and decision making.
Advanced
Reporting
Reactive, operational reporting of efficiency
and compliance measures
Operational
Reporting
Scenario Modelling
Strategy Integration
Level Scope of reporting Focus
Proactive diagnostics
Actionable solutions
Benchmarking on
standards
Integrated Dashboards
Compliance
Accuracy
Timeliness
56%
4%
10%
30%
8. ...Leveraging the power of insights
Human Capital Intelligence Evolution2016
Unlocking the HR Dollar($) Language
9. ...Leveraging the power of insights
Value of Talent Analytics2016
Unlocking the HR Dollar($) Language
HR organizations using predictive analytics are ….
2X
More likely to
improve quality of
hire
2X
More likely to
improve leadership
pipelines
3X
More likely to
realize savings,
generate value and
realize efficiency
10. ...Leveraging the power of insights
The Journey towards Data Value proposition2016
Unlocking the HR Dollar($) Language
Plan
Prioritize what is important - Not all data in HRIS is
important
Assess relevant of each data data
Source
Standardize your data attributes
Clean up inconsistent data
Prevent any new data scrap
Integrate from enterprise data Audit
Govern
Train
Enforce ownership
Communicate value and impact
Invest
Align to strategy
11. ...Leveraging the power of insights
The sweet and nasty side of data science2016
Unlocking the HR Dollar($) Language
Visual Dashboards
Predictive and
scenario Modelling
Data Mapping
Data Analysis
Data Quality
Management
Data Visualization
Designs
Stand Alone Data
Systems
Reporting Trays
The nasty
side
The
Erogenous
Side