McGraw-Hill Professional Business Insider Work Smarter Webinar Series presents Leading with Data: Boost Your ROI with Open and Big Data.
Joel Gurin and Prasanna Tambe discuss 2 hot new topics - open data and big data! You will learn how you can use them to gain the competitive edge in creating and developing a business and building an effective workforce.
For the webinar recording visit: http://bit.ly/mhpworksmarter
Bill Aulet's keynote speech at 2016 Global Entrepreneurship Conference in Medellin Colombia. Focus on the past, present and future of entrepreneurship educaiton and what needs to be done.
Running (or starting) a law firm has never been simple—but today, firms face an especially unique set of challenges. Clients have higher standards for new tech-enabled communications, and many firms have shifted to distributed business operations and service models.
Whether you’re starting your own law firm or you’re already practicing at an established firm, being aware of these modern demands—and how to meet them—is essential.
Join this free 1-hour session with Emma Raimi-Zlatic, Clio’s Senior Affinity Partnerships Manager, and Amy Grubb, owner of a successful legal consulting firm, to learn what your law firm needs to not only survive—but thrive—this year and beyond.
In this free webinar, you’ll learn:
- Key business planning, registration, and budgeting essentials for modern law firms
- Strategies for building and marketing your unique firm brand
- Tips to implement a specialized intake experience that converts more clients
- Recommendations on how to leverage technology to support law firm growth
Pioneering companies in mature economies are learning from emerging market companies a new way to expand their businesses. For more insights from s+b, visit strategy-business.com.
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Susan Etlinger
This report provides an industry update, best pratices and frameworks for understanding how to approach and build a social media command center that integrates with other digital and enterprise signals in the business.
How should employees be part of my marketing mix? Can I extend the reach of my brand’s messages through employees in social media? Can I drive increased engagement of employees at work? Does the shift of social media from organic messaging to paid advertising concern you? Will there be a time when my employees will carry my messages further than our brand's social pages? If so, this research report is for you.
Bill Aulet's keynote speech at 2016 Global Entrepreneurship Conference in Medellin Colombia. Focus on the past, present and future of entrepreneurship educaiton and what needs to be done.
Running (or starting) a law firm has never been simple—but today, firms face an especially unique set of challenges. Clients have higher standards for new tech-enabled communications, and many firms have shifted to distributed business operations and service models.
Whether you’re starting your own law firm or you’re already practicing at an established firm, being aware of these modern demands—and how to meet them—is essential.
Join this free 1-hour session with Emma Raimi-Zlatic, Clio’s Senior Affinity Partnerships Manager, and Amy Grubb, owner of a successful legal consulting firm, to learn what your law firm needs to not only survive—but thrive—this year and beyond.
In this free webinar, you’ll learn:
- Key business planning, registration, and budgeting essentials for modern law firms
- Strategies for building and marketing your unique firm brand
- Tips to implement a specialized intake experience that converts more clients
- Recommendations on how to leverage technology to support law firm growth
Pioneering companies in mature economies are learning from emerging market companies a new way to expand their businesses. For more insights from s+b, visit strategy-business.com.
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Susan Etlinger
This report provides an industry update, best pratices and frameworks for understanding how to approach and build a social media command center that integrates with other digital and enterprise signals in the business.
How should employees be part of my marketing mix? Can I extend the reach of my brand’s messages through employees in social media? Can I drive increased engagement of employees at work? Does the shift of social media from organic messaging to paid advertising concern you? Will there be a time when my employees will carry my messages further than our brand's social pages? If so, this research report is for you.
A hedge fund just bought 5 percent of your company. The fund partners clearly see value in what you’re doing, and, as a member of the management team, you take heart in that assessment. But you also know life is about to get more difficult. The fund partners are well-known activists. They have already asked for board seats. Now they’re proposing some dramatic strategic and financial changes, confidently assuring you and your shareholders that these moves will drive the company’s stock price higher. If you don’t comply and boost margins in a timely fashion, they will quickly bring in a management team that will.
For many company leaders, this is not a scary hypothetical — it is reality. It may also be an opportunity. In any case, activist shareholder campaigns are proliferating. According to the journal Activist Insight, 300 companies around the world were publicly targeted by activist investors between January and June 2015, about 25 percent more than in the same months the previous year. Since 2013, hedge fund managers have demanded change at hundreds of companies. The most widely publicized have included Apple, DuPont, General Motors, Microsoft, PepsiCo, Sony, Sotheby’s, and Yahoo.
One reason activism is growing is the rich rewards it earns for investors. On average, hedge funds with an activist approach have outperformed most other types of investment funds since 2010. The data analysis firm Hedge Fund Research reported recently that activist funds returned 12.5 percent a year between August 2012 and August 2015, while other funds, on average, earned returns in the single digits. No wonder investors increasingly demand activist funds in their portfolios, while the managers of those funds search diligently for new targets. No one can assume his or her company is immune.
We've distilled 10 principles for cost transformation that can help companies play the role of gadfly investor for themselves.
From the MarTech Conference in London, UK, October 20-21, 2015. SESSION: The Human Side of Analytics. PRESENTATION: The Human Side of Data - Given by Colin Strong - @colinstrong - Managing Director - Verve, Author of Humanizing Big Data. #MarTech DAY2
Improve Customer Experiences With Big Data #DataTalkExperian_US
Join our #DataTalk on Thursdays at 5 p.m. ET. This week, we learned from Matt Seeley, President of Experian Marketing Services, Mark Johnson, President and CEO of Loyalty 360, and Ginger Conlon, Editor-in-Chief of Direct Marketing News.
Big Data: The Force That’s Good for Consumers and SocietyExperian_US
Craig Boundy, CEO of Experian North America, discusses how big data is being used as a force for good. Good for consumers, good for business, and good for society. He shares his perspective how Experian’s work in data and analytics has real-life applications.
Visualisation & Storytelling in Data Science & AnalyticsFelipe Rego
This is a presentation I put together for a talk I gave a while back on data visualisation and storytelling in the context of data science and analytics. The content was a produced from a mix of my own experience in industry and teaching at various schools and also from the work of Edward Tufte, Nathan Yau, Angela Zoss, Peter Beshai, Mike Bostock, among others. I wanted to highlight some basic concepts of what data visualisation is and what are some of the fundamental steps I believe are important in creating analytical dashboards and visualisations. It also contains a bunch of visualisation examples that I find interesting in telling a story with data.
Keeping it real - How authentic is your Corporate Purpose? Burson-Marsteller
Burson-Marsteller and Swiss-based IMD have been working together to research corporate purpose since 2008. This year’s study is presented in the context of the findings of Burson-Marsteller’s Corporate Perception Indicator, a global survey of public hopes and expectations of companies and their leaders.
Ideas from Human Factors and User Experience Design that apply to Social Media and Digital Marketing. This presentation was given at the eMetrics Summit in San Francisco on April 1, 2015.
Know Your Market - Know Your Customer: What Web Data Reveals if You Know Wher...Connotate
In this presentation, Connotate will share expertise gained from years of experience extracting data from the Web and making it usable. Connotate’s experts will explain why certain Web data sources are easy to tap into, why others aren’t – what to consider when scoping out a project.
My keynote talk at Samsung Bangalore's Quality Day on 29 Jul 2016. In this talk, I consider what is the context of quality in future where infrastructure, data and learning will be integral components, and will enable an organization to respond to threats or opportunities on a real-time basis.
Social Insights on the Luxury Fashion IndustryBrandwatch
Our new Fashion and Luxury Report explores how social media has changed the landscape of fashion marketing. We undertake a deep-dive analysis by deciphering the factors that are setting brands apart in the highly competitive fashion and luxury markets.
Alteryx Case Study: Generating quality leads at a lower cost with LinkedIn Sp...LinkedIn
Alteryx, headquartered in Irvine, California, creates data blending and advanced analytics software that empowers data analysts to deliver deeper business insights in hours, not weeks. To more precisely target their paid acquisition campaigns, Alteryx utilized LinkedIn Sponsored Updates to deliver content offers directly to their target audience. Their utilization of Sponsored updates resulted in a 4x lower cost per lead and 3x lower cost per click than search advertising and ultimately helped them achieve 2.5x growth in their Company Page followers.
Join our #DataTalk on Thursdays at 5 p.m. ET. This week, we learned from DataKind – Harnessing the Power of Data Science in the Service of humanity, Real Impact Analytics, Elissa Redmiles, a Data Science for Social Good Summer Fellow at the University of Chicago, Nick Eng, Data Scientist at the Center for Data Science and Public Policy at the University of Chicago, Kevin Chen, the Chief Scientist at the Experian, North America Data Lab, and others.
In this presentation, Paul Ballew, D&B's Chief Data and Analytics Officer, explains the three levels of insight needed to gain an informed perspective for smarter decisions involving big data.
A hedge fund just bought 5 percent of your company. The fund partners clearly see value in what you’re doing, and, as a member of the management team, you take heart in that assessment. But you also know life is about to get more difficult. The fund partners are well-known activists. They have already asked for board seats. Now they’re proposing some dramatic strategic and financial changes, confidently assuring you and your shareholders that these moves will drive the company’s stock price higher. If you don’t comply and boost margins in a timely fashion, they will quickly bring in a management team that will.
For many company leaders, this is not a scary hypothetical — it is reality. It may also be an opportunity. In any case, activist shareholder campaigns are proliferating. According to the journal Activist Insight, 300 companies around the world were publicly targeted by activist investors between January and June 2015, about 25 percent more than in the same months the previous year. Since 2013, hedge fund managers have demanded change at hundreds of companies. The most widely publicized have included Apple, DuPont, General Motors, Microsoft, PepsiCo, Sony, Sotheby’s, and Yahoo.
One reason activism is growing is the rich rewards it earns for investors. On average, hedge funds with an activist approach have outperformed most other types of investment funds since 2010. The data analysis firm Hedge Fund Research reported recently that activist funds returned 12.5 percent a year between August 2012 and August 2015, while other funds, on average, earned returns in the single digits. No wonder investors increasingly demand activist funds in their portfolios, while the managers of those funds search diligently for new targets. No one can assume his or her company is immune.
We've distilled 10 principles for cost transformation that can help companies play the role of gadfly investor for themselves.
From the MarTech Conference in London, UK, October 20-21, 2015. SESSION: The Human Side of Analytics. PRESENTATION: The Human Side of Data - Given by Colin Strong - @colinstrong - Managing Director - Verve, Author of Humanizing Big Data. #MarTech DAY2
Improve Customer Experiences With Big Data #DataTalkExperian_US
Join our #DataTalk on Thursdays at 5 p.m. ET. This week, we learned from Matt Seeley, President of Experian Marketing Services, Mark Johnson, President and CEO of Loyalty 360, and Ginger Conlon, Editor-in-Chief of Direct Marketing News.
Big Data: The Force That’s Good for Consumers and SocietyExperian_US
Craig Boundy, CEO of Experian North America, discusses how big data is being used as a force for good. Good for consumers, good for business, and good for society. He shares his perspective how Experian’s work in data and analytics has real-life applications.
Visualisation & Storytelling in Data Science & AnalyticsFelipe Rego
This is a presentation I put together for a talk I gave a while back on data visualisation and storytelling in the context of data science and analytics. The content was a produced from a mix of my own experience in industry and teaching at various schools and also from the work of Edward Tufte, Nathan Yau, Angela Zoss, Peter Beshai, Mike Bostock, among others. I wanted to highlight some basic concepts of what data visualisation is and what are some of the fundamental steps I believe are important in creating analytical dashboards and visualisations. It also contains a bunch of visualisation examples that I find interesting in telling a story with data.
Keeping it real - How authentic is your Corporate Purpose? Burson-Marsteller
Burson-Marsteller and Swiss-based IMD have been working together to research corporate purpose since 2008. This year’s study is presented in the context of the findings of Burson-Marsteller’s Corporate Perception Indicator, a global survey of public hopes and expectations of companies and their leaders.
Ideas from Human Factors and User Experience Design that apply to Social Media and Digital Marketing. This presentation was given at the eMetrics Summit in San Francisco on April 1, 2015.
Know Your Market - Know Your Customer: What Web Data Reveals if You Know Wher...Connotate
In this presentation, Connotate will share expertise gained from years of experience extracting data from the Web and making it usable. Connotate’s experts will explain why certain Web data sources are easy to tap into, why others aren’t – what to consider when scoping out a project.
My keynote talk at Samsung Bangalore's Quality Day on 29 Jul 2016. In this talk, I consider what is the context of quality in future where infrastructure, data and learning will be integral components, and will enable an organization to respond to threats or opportunities on a real-time basis.
Social Insights on the Luxury Fashion IndustryBrandwatch
Our new Fashion and Luxury Report explores how social media has changed the landscape of fashion marketing. We undertake a deep-dive analysis by deciphering the factors that are setting brands apart in the highly competitive fashion and luxury markets.
Alteryx Case Study: Generating quality leads at a lower cost with LinkedIn Sp...LinkedIn
Alteryx, headquartered in Irvine, California, creates data blending and advanced analytics software that empowers data analysts to deliver deeper business insights in hours, not weeks. To more precisely target their paid acquisition campaigns, Alteryx utilized LinkedIn Sponsored Updates to deliver content offers directly to their target audience. Their utilization of Sponsored updates resulted in a 4x lower cost per lead and 3x lower cost per click than search advertising and ultimately helped them achieve 2.5x growth in their Company Page followers.
Join our #DataTalk on Thursdays at 5 p.m. ET. This week, we learned from DataKind – Harnessing the Power of Data Science in the Service of humanity, Real Impact Analytics, Elissa Redmiles, a Data Science for Social Good Summer Fellow at the University of Chicago, Nick Eng, Data Scientist at the Center for Data Science and Public Policy at the University of Chicago, Kevin Chen, the Chief Scientist at the Experian, North America Data Lab, and others.
In this presentation, Paul Ballew, D&B's Chief Data and Analytics Officer, explains the three levels of insight needed to gain an informed perspective for smarter decisions involving big data.
Unlocking the Value of Big Data (Innovation Summit 2014)Dun & Bradstreet
Big Data is central to the strategic thinking of today’s innovators and business executives as companies are scrambling to figure out the secret to transforming Big Data to Big Insight and that Insight into Action. As many companies struggle with the emerging technologies and nascent capabilities to discover and curate massive quantities of highly dynamic data, new problems are emerging in the form of how to ask meaningful questions that leverage the “V’s” of large amounts of data (e.g. volume, variety, velocity, veracity). In the Business-to-Business space, these challenges are creating both significant opportunity and ominous new types of risk. This presentation discusses how companies are reacting to these changes and provide valuable insight into new ways of thinking in a world with overwhelming quantities of data.
A presentation delivered by Joel Gurin at "The Economic Impact of Open Data" hosted by the Center for Data Innovation in Washington, DC.
More info and video: http://www.datainnovation.org/2014/04/the-economic-impact-of-open-data
What Big Data Means for PR and Why It Matters to UsMSL
Invited to sit on a panel together with Paul Holmes at the PR Forum held in Bucharest March 26, Pascal shared thoughts about the Big Data tsunami which is deeply transforming marketing, communications and PR. What is "Big Data" exactly, what does it mean to businesses, why does it matter to us, and what potential issues could arise from it?
Some of my favorite takeaways from 2013 South by Southwest's Health track on innovation, digital health, technology, social media, patient advocacy, and more.
Healthcare organizations are unique business entities that present challenges for optimally organizing governance, people, and services for next-generation BI. Learning from other industries that have adopted the concept of the business intelligence competency center (BICC), this article explores the available options and evaluates which service and organizational model appears to best fit healthcare providers and similarly complex organizations.
Similar to Leading with Data: Boost Your ROI with Open and Big Data (20)
Learn How to Gain Insights and Perspective from Think to Win co-author Peter ...McGraw-Hill Professional
Peter Klein, co-author of Think to Win, and founder of the growth-management consultancy PK Associates, presents Insights--Perspectives. This PPT discusses how to draw strategic conclusions for Consumer Insights.
McGraw-Hill Professional Business Insider Work Smarter Webinar Series presents Leverage Content Marketing and Social Media to Engage More Customers
Take your marketing and your business to the next level with actual tactics and strategies leveraging content marketing programs from Joe Pulizzi and Jason Miles.
For the webinar recording visit: http://bit.ly/mhpworksmarter
McGraw-Hill Professional Business Insider Work Smarter Webinar Series presents Remarkable Leadership to Inspire Great Work.
Increase your leadership influence and inspire others as you make a difference that others will love with eight lessons from David Sturt and Perry Holley.
For the webinar recording visit: http://bit.ly/mhpworksmarter
Tasti D-lite has put itself on the map through its innovative merging of loyalty programs and social media. The Tasti-D-lite Way, the brand’s Chairman/CEO and VP of Technology reveal key lessons any company can use to build meaningful customer experiences and unprecedented loyalty through fresh approaches to social media marketing.
Using social media to engage customers is only part of the story. Here, readers will learn how to re-engineer businesses to compete and win in the age of social media marketing, and break through from being a brand that’s social friendly to one that forms meaningful, one-to-one relationships with their customers.
A quick look at today’s most pressing business issues through the eyes of Peter Drucker—the father of modern management
As technology, globalization, and business innovation advance at breakneck speed, the question “What would Drucker do now?” becomes more relevant by the day. More than anyone of his time, Peter Drucker understood how the individual, the organization, and society are interrelated. And no one better recognized and articulated the challenges facing all three—or came up with more practical solutions to those challenges.
Since 2007, the Drucker Institute’s executive director, Rick Wartzman, has been asking what Drucker would do on a regular basis— in his popular online column for Bloomberg Businessweek. In each piece, Wartzman introduces a current issue and provides a view of it through the eyes of Peter Drucker, based on his deep knowledge of Drucker’s ideas and ideals.
In The Speed Traders, Edgar Perez, founder of the prestigious business networking community Golden Networking, opens the door to the secretive world of high-frequency trading (HFT). Inside, prominent figures of HFT drop their guard and speak with unprecedented candidness about their trade.
New markets can power business growth, but to win them you need the right toolkit. Drawing on dozens of industry interviews, in-the-trenches personal experience, and extensive research, this book lays out how companies can find, enter, and win in new markets--and organize themselves to tackle the mission successfully.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
5. Setting the Stage
The GovLab’s Central Hypothesis
When governments and institutions open
themselves to diverse participation and
collaborative problem-solving, and partner
with citizens to make decisions, they are more
effective and legitimate.
6. Setting the Stage
Open Data: Accessible, public data that
people, companies, and organizations
can use to launch new ventures, analyze
patterns and trends, make data-driven
decisions, and solve complex problems.
6
7. Setting the Stage
Open Data Changes the World For:
•
•
•
•
•
•
•
Entrepreneurs
Established businesses
Governments
Investors
Scientists
Journalists
Consumers
7
8. Setting the Stage
What Open Data Isn’t
• Big Data ≠ Open Data ≠ Open
Government
• Big Data: Really, really big datasets
• Open Government: Transparency,
participation, collaboration – with or
without data
8
11. Federal Data
Open Data Becomes a Priority
[Open Data is] going to help launch more
businesses. . . . It’s going to help more
entrepreneurs come up with products and
services that we haven’t even imagined yet.
President Barack Obama
11
18. Data-Driven Cities
How Wired Cities Use New Data
•Optimize operations
•Monitor infrastructure conditions
•Plan infrastructure
•Public health
•Emergency management
18
19. State and City Data
•
•
•
•
Metro Chicago Data
New York: The Mayor’s Geek Squad
Code for Philly
Palo Alto’s open finances
19
40. Open Data 500
What’s the Value of Open Data?
•
•
•
•
•
•
McKinsey study: $3 trillion annually worldwide
30 to 140 billion euros for Europe’s public sector data
2 to 9 billion British pounds
$30 billion for U.S. weather data
Tens of billions for U.S. GPS data
Hundreds of billions for U.S. health data
40
42. Open Data 500
Open Data 500: Assessing the Value Rigorously
• Criteria:
– U.S. based
– National or regional scale (mostly federal data)
– Open Data must be key to business
•
•
•
•
More than 500 companies contacted so far
Wide range of sectors covered
Partnering with Open Data Institute to replicate in the U.K.
Interest from 15 other countries at Open Government
Partnership
www.OpenData500.com
42
44. Big Data and HR
Prasanna Tambe
NYU Stern School of Business
ptambe@stern.nyu.edu
Leading with Data:
Boost Your ROI with Open and Big Data
February 26, 2014
45. Existing sources of HR data
•
Data collected during recruiting, hiring
•
•
Data routinely collected by organizations
•
•
employment histories (resumes), skills, interview and test
evaluations
performance reviews, task and project evaluations
Administrative labor market data
•
regional and industry data on skills, wages, occupations
46. But “digital breadcrumbs” are creating a data
revolution
(courtesy Erik Brynjolfsson)
Clickstream/Page views/Web transactions
Email messages
Mobile phone/GPS/Location data
Web links/Blog references/Facebook
Google/Bing/Yahoo Searches
ERP/CRM/SCM transactions
RFID (Radio Frequency Identification), Bar Code
Data
Real-time machinery diagnostics/engines/equipment
Stock market transactions
Twitter feeds
Wikipedia updates
Online Databases of resumes
47. Emerging sources of HR and workforce data
•
Online/Internet data
•
•
Digital traces from work activities
•
•
internal knowledge boards, internal corporate network activity, finegrained measures of project and task performance
Social and physical network data
•
•
labor market level information on skills and experience, discussion board
posts, software and projects posted online
employee referrals, person-to-person communications, sociometric
badges, email networks, internal digital chatter, video and camera data
Data generated through new assessment tools
•
online assessment (e.g. MOOCs), test-based video games
48. Vast increase on data on spatial and temporal
movements
•
Micro-measurement of personal productivity
•
Team productivity
•
Organizational productivity
50. How can the big data "microscope" aid
workforce related decisions?
•
Remove cognitive biases and reliance on intuition
• W don't know what makes us productive (especially
e
information workers)
•
Enables quantification of the impact of HR-related decisions
•
W is our inability to retain engineers costing us?
hat
51. How are employers using analytics?
now
near future?
•
Predicting retention/turnover
for high-skill employees
•
Where are we likely to have skill
gaps in ten years?
•
How desk location affects
information flows
•
What is the return on investment
to a specific HR policy?
•
Using internal communications
to predict employee
performance
•
Can applicant profiles based on
Internet data outperform
traditional 'signals' (e.g.
education)?
•
What (other) job titles predict
success in the opening I am
trying to fill?
52. Lessons learned (so far)
•
Data is not a substitute for conceptualization
•
Knowing the right questions to ask (domain expertise) is
critically important
•
The interest in analytics is likely to outpace results in the
short-run as employers put the right pieces in place
•
But we are likely to see a significant increase in the number
of ways data is used for HR-related decision-making within a
few years
53. Potential barriers to using analytics
•
A new generation of technical and analytic
skills
•
Collection and management of new data
sources
•
Policies regarding data collection and use
(privacy)
54. Questions?
Don’t forget to sign up for the next event:
http://bit.ly/mhpworksmarter
Available in print and eBook
Editor's Notes
I will plan to take about 20-25 minutes
First 10 minutes on emerging types of data
Last 10 minutes no how firms might use it
Last 5 minutes on what employers should be thinking about
Then we will shift to Q & A.
TWO POINTS:
Data that can be useful for HR decision-making is rapidly expanding!
Some thoughts on what HR Professionals should be thinking about for a smooth transition
Go quickly through these – there may be others, not meant to be a comprehensive list
Firms already routinely use these …
Digital traces of online activity have lead to an explosion in the availability of data of all types
Great for social-science research and for data-driven decision-making. What’s new?
1. Evidence of on-the-job performance
2. Scale (hundreds of millions of observations)
But these are new! An expanding world of data that are going to eventually be useful for HR-decision making.
Useful for building applicant profiles and learning about candidates.
(Privacy is important, but defer to later)
The granularity of the data that is being recorded is the big shift here. Enables really fine-grained track of how and where and on what we are spending our time.
An example-at the city level-of spatial and temporal mapping of people’s movements. Used the city level because it’s easy to visualize.
Huge boon for urban planners and designers.
Why can’t the same thing be done for organizations or for workflow?
1. Data helps us uncover insights about what is productive from a workflow standpoint. We don’t know how our email behavior, who we hear from, when we hear from them, message content, impact productivity, but the tools are becoming available that allow us to do that.
Much of what we know relies on intuition, but much of that is wrong. This also applies to “life” productivity, not just productivity at work.
2. “you can manage what you can measure” … helps to provide economic metrics that can be useful for managerial decision-making
The second is high-impact? What is the ROI on work-from-home?
The last of these brings up an important point …. Is it good for workers?
Without conceptualization, too much data can be a hindrance. It’s difficult to manage, and you are just awash in data. Lot of interest right now, but it may take some time to see results. This is nothing new. Technology cycles always involve a lot of upfront investment, and then 3-5 years later, results.