Technological complications associated with Making Analytics available to management

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visier l analytic applications for people
Visier l analytic applications for people
RIDING THE WAVE OF THE
ANALYTICS REVOLUTION
Complimentary Webinar sponsored by Visier Inc.
When
Monday, November 18th, 11am ET / 8am PT
Presenter:
Ian J. Cook, Product Success, Visier

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visier l analytic applications for people
RIDING THE WAVE

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visier l analytic applications for people
AGENDA
 What factors are changing, that impact HR technology
 How do these changes impact your decisions
 How do you know you are successful

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visier l analytic applications for people
WHY IS THIS IMPORTANT
“… organizations using workforce analytics tools experienced 14% year- over-
year improvement in revenue per employee compared to just 5% for those that
don't.”
Source: Aberdeen Group, 2009, Workforce Scheduling Report
“Organizations that have used data to gain human-capital insights already have
a hard-to-replicate competitive advantage.”
Source: Harvard Business Review, Competing on Talent Analytics
Approximately 30% of organizations either cancelled a strategic initiative or
failed to pursue a market opportunity due to a lack of talent
Source: PWc, 15th Annual Global CEO survey 2012.

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visier l analytic applications for people
THREE KEY SHIFTS
1. Business
2. Technology
3. HR / Talent Management
practices

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visier l analytic applications for people
BUSINESS SHIFTS

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visier l analytic applications for people
BUSINESS SHIFTS

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visier l analytic applications for people
TECHNOLOGY SHIFTS
SPEED
FLEXIBILITY
LOWER COST
CONTROL
CPU
The “brain” Short-term memory Long-term memory
Like:
Can:
Do 1 billion
things a second
Fetch 25 million pieces
of data a second
Fetch 100 pieces of
data a second
250,000 times faster

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visier l analytic applications for people
TECHNOLOGY SHIFTS
Fits
the
unique
need
of
HR
Strength in analytical capabilities
WORKFORCE ANALYTICS
BUSINESS INTELLIGENCE from IT
HR CORE APPLICATIONS
Within your HRIS, ATS,… application:
• Different solution for every
application
• Cannot combine data from multiple
applications
• Cannot incorporate data from
business sources
• Simple statistics– you have it
already
With a Business Intelligence platform:
• Expensive. Long implementation times
• Lags business needs
• IT lacks HR expertise to anticipate
requirements
• Complex technology is difficult for business
users
• Change cycle is long and expensive
Strategic Workforce Analytics solution:
• Purpose-built for HR to answer workforce
analytics questions
• Rapid implementation
• Built-in best-practice analytics and metrics
• Combining business data, single trusted data
source, self-service and the ability to share
insights with all stakeholders – from execs to line
managers
• Constant refresh and improvement
SPREADSHEETS
With a self-managed spreadsheet solution:
• You have to create all the content yourself
• Very manual work to share out finding and
reports
• Everyone can edit the content and no ability
to create a trusted data repository
• No self-service support for users

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visier l analytic applications for people
HUMAN RESOURCES SHIFTS
From tactician to strategist

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visier l analytic applications for people
Source
Select
Deploy
Develop
Progress
?
Traditional
analysis is based
on single systems
?
New analysis is based
on multiple
systems and includes
data from outside the
organization
Example:
Which lead source produces our best performers?
HUMAN RESOURCES SHIFTS

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visier l analytic applications for people
HUMAN RESOURCES SHIFTS
?
Big Data connections tell you
which lead source delivers the
highest performing / highest
potential - employees
Connections across multiple data sources

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visier l analytic applications for people

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visier l analytic applications for people
SETTING YOUR COURSE
• How to get all your data in one place?
• How to manage the infrastructure and IT
costs?
Data
• What tools to use?
• How to distribute the results?
Analysis
• How to get everyone using the same
answers?
• How to answer the toughest business
questions?
Domain
Expertise

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visier l analytic applications for people
SETTING YOUR COURSE
Typical path Source: CEB 2013

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visier l analytic applications for people
SETTING YOUR COURSE
Reactive Standardized Focused Strategic
Path to maturity
Operational
to
Strategic
“Get it done”
“Be Consistent”
“Aligned with
the business.”
“Drive the
business”

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visier l analytic applications for people
PROVING RESULTS
Retention by the numbers
 5000 Employees
 12% Turnover
 Median salary = $40k
 Cost of Turnover = 600 x 40,000 x 1.5 = $3.6mn
 Reduce by 1pp
 Cost of Turnover = 550 x 40,000 x 1.5 = $3.3mn
 Saving = $300,000

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visier l analytic applications for people
PROVING RESULTS
Absence by the numbers
 5000 employees
 5 days absent per employee
 Median salary = $40k
 Cost of absence = 5 x 5000 x $167 = $4,175,000
 Reduce by 0.5 days per employee
 Cost of absence = 4.5 x 5000 x $167 = $3,757,000
 Savings = $417,500

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visier l analytic applications for people
PROVING RESULTS
 Focus on answering the key strategic business questions
 Focus on enabling access and sharing of results to support
“real time” business decisions
 Focus on increasing the skills of the HR team to use data to
engage line managers
 Focus on making use of your data – not just getting it clean
and in one place

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visier l analytic applications for people
Visier l analytic applications for people
Q&A
visier l analytic applications for people

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visier l analytic applications for people
eBook: The Definitive Guide to Workforce
Analytics: A Practical Guide for Today’s HR
Professional
What you need to know to get your own workforce
analytics program up and running.
http://info.visier.com/ebook-the-definitive-guide-to-
workforce-analytics
2013 Survey Report – The State of Workforce
Analytics and Planning
The current state of practice and future plans in
relation to workforce analytics and planning.
http://www.visier.com/resources/white-papers/
Download these reports and more here:
http://www.visier.com/resources/

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visier l analytic applications for people
Visier l analytic applications for people
visier l analytic applications for people
Contact us at 1-888-277-9331
or info@visiercorp.com
THANK YOU
Ian Cook– ian.cook@visier.com
Request more information at http://www.visier.com
and see first hand how Visier Workforce Analytics can
help you to make better decisions for your workforce
—starting today.

23. Page 23
visier l analytic applications for people
Visier l analytic applications for people
RIDING THE WAVE OF THE
ANALYTICS REVOLUTION
Complimentary Webinar sponsored by Visier Inc.
When
Monday, November 18th, 11am ET / 8am PT
Presenter:
Ian J. Cook, Product Success, Visier