Applying Domain Expertise to Big Data Analytics

Visier

Despite years of hype, development, and openhanded spending, big data and business analytics haven’t lived up to their massive potential. I believe it’s because of their unique and innovative approach to business—and more specifically, human resources—analytics. Sorenson has a depth of experience investing in both HR and analytics companies. Since its 2014 round of financing, Visier has: Tripled its enterprise customers.

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Competency analytics

Analytics in HR

To move from the pain of needing better skills to the pleasure of getting value from competency analytics, four steps are vital: (1) knowing what competencies your organisation needs, (2) knowing what competencies your organisation has, (3) placing people in the right roles and (4) building their ability to express their competencies. What challenges will you face for competency analytics to be both practical and worthwhile? HR Analytics

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Analytics Is a Key Ingredient in HR’s Business Impact—But It's Not the Whole Recipe

Cornerstone On Demand

Every department communicated their achievements, failures, and plans of action based on predictive analytics and created forward-thinking strategies — but HR simply gave a historical recap of what has already happened with little insights into what could occur. The Promise of Analytics It's true that more and more HR leaders have achieved status as a strategic partner with a "seat at the table" in the past few years. Picture this.

Analytics No Longer an Afterthought: Migration Project Accelerates Reporting and Reduces Latency

Cornerstone On Demand

In the world of enterprise software applications, transactional processing and data analytics have long lived independently—largely because the latter was an afterthought. This project was built on another big improvement that Cornerstone made last fall: our migration to Microsoft SQL Server 2014 AlwaysOn from Windows Server 2012 R2. So, in the Cornerstone world, analytics is no longer an afterthought

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5 Culture Trends for 2019

use of analytics also plays a role in helping. Automated Talent Management 1990s-2000s 2004-2012 2012-2017 2019+ Integrated Talent Management Engagement, Fit, Culture, Analytics Productivity, Performance, Teams AUTOMATE INTEGRATE ENGAGE PERFORM Talent Management: Integrated processes and. discharges fall in 2016, March 22, 2017. Experiences Have Extraordinary Impact, 2017 4. Harvard Business Review, March 10, 2017 5. The Atlantic, Sept 2017.

The Rise of the People Strategy Platform

Visier

Take Workday as an example, where the underlying transactional technology cannot support analytics: Workday has had three “at bats” in its attempt to provide more than basic operational reporting to its customers. In all three attempts, Workday had to look to third-party technology, as the Workday transactional technology is not capable of supporting analytics. The short story — even the great transactional HR system vendors are struggling to figure out analytics.

Using people analytics to improve health care performance

HR Times

Posted by Brian Augustian on August 18, 2017. Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. Yet, the successful use of data analytics in other industries could indicate that it’s time for health care systems to up their game. percent in 2014 to 17.2

The Digitalization Of HR And Its Implications For Workforce Analytics

SuccessFactors

In a Q2 2017 article entitled “ Defining Digitalization: Creating a Common Vision, ” Katy Connealy Weber and Michael Hanrahan of CEB’s Corporate Leadership Council indicated that in response to the increasing digitization of products, channels, and operations, fully 68 percent of CHROs “plan to prioritize improving the organization’s talent analytics capabilities.”. So how to drive toward decision-making as the primary outcome of talent analytics?

3 Ways to Make Diversity and Inclusion Initiatives Stick

Cornerstone On Demand

The 2017 Deloitte Human Capital Trends survey found that the number of executives citing diversity as a top priority had jumped by 32 percent since 2014. Earlier in November, for example, Apple shared an update on its efforts with the release of its Diversity and Inclusion Report , which revealed that between July 2016 and July 2017, half of all new hires at the company were from "historically underrepresented groups in tech."

From our CEO: The four tech trends I’m watching in 2017

CultureAmp

Text analytics In 2016 text analytics went from being the domain of scientists and blossomed into something much more accessible and mainstream. That's going to continue in 2017 and we are going to start to see some really interesting applications of that technology in this space. As text analytics becomes smarter, faster and more powerful, we will continue to derive higher quality information from multiple sources. 2017 will start to see the sticky reality of AI.

Top 5 Takeaways from the 2017 ASHHRA Conference

Precheck

Top 5 Takeaways from the 2017 ASHHRA Conference Sep. 26, 2017. The 2017 American Society for Healthcare Human Resources Administration (ASHHRA) Conference took place this past week in the Emerald City of Seattle, Washington. Each time we onboard a new group of employees, engage in a meaningful conversation, we create a connection culture,” Gary Pastore, 2017 ASHHRA Board President, stated during the opening ceremony on Sunday.

2017 Global Human Capital Management: Winning Strategies for a Changing Market

Empxtrack

As reported in 2014 by eMarketer, there are 1.75 Empxtrack provides multiple reports and dashboards that enable managers to access analytics on employee data in real-time. The post 2017 Global Human Capital Management: Winning Strategies for a Changing Market appeared first on Empxtrack. Blog HR Best Practices HR Technology HRMS (HRIS) Motivation Payroll Talent analytics Attendance Hris Online HR tools time management

To Succeed at Talent Acquisition, Go Beyond Your Applicant Tracking System

Visier

Research by Bersin indicated that in 2011, the average cost per hire was already $3,500 —and just three years later in 2014, that figure had grown by 28% to $4,500. But without workforce analytics, it’s difficult to accurately identify what makes a strong hire. Without workforce analytics, it’s difficult to accurately identify what makes a strong hire. Although many ATS vendors include analytics that attempt to measure applicant quality, they are at an inherent disadvantage.

Using people analytics to improve health care performance

Bersin

Posted by Brian Augustian on August 18, 2017. Health care providers tend to lag other industries in the adoption of new business processes and technologies, and we find this to be consistent in the industry’s use of big data and analytics to improve organization performance. Yet, the successful use of data analytics in other industries could indicate that it’s time for health care systems to up their game. percent in 2014 to 17.2

Be careful! These books can change your career: People Analytics and HR-Tech reading list

Littal Shemer

These books can change your career: People Analytics and HR-Tech reading list. This list of People Analytics books is not exceptional. So here is my People Analytics reading list on Kindle, ordered chronologically, from newest to oldest. People Analytics & Text Mining with R. This book teaches you R (open-source programming language), People Analytics, Text Mining and Sentiment Analysis. Data-Driven HR: How to Use Analytics and Metrics to Drive Performance.

2016 Turnover Rates by Industry

Compensation Force

Links for historical Turnover Rates: 2008 , 2009 , 2010 , 2011 , 2012, 2013 , 2014 and 2015. Metrics/Analytics TurnoverIn response to the many, many requests received and continuing a long tradition here at the Force, I am pleased to bring you the latest turnover rates by industry, provided to us by CompData Surveys.

HCM Software Marketplace – A Look Back at 2016 and a Look Forward to 2017

HRchitect

However, the acquisitions in 2016 by the major players of cloud data analytics companies, to me, are most significant. Ultimate Software acquisition of Kanjoya, Inc, a leading workforce intelligence and analytics platform. Ultimate Software acquisition of Vestric, a leading HR-Focused Predictive Analytics Platform. Workday acquisition of Platfora, provider of operational analytics and data discovery tools. What to expect in 2017? Written by: Jacqueline Kuhn.

Women in Finance Charter: What HR Should Know

Get Hppy

However, in 2014, CMC Markets wrote a commentary on how women traders have increased by an incredible 197 per cent since 2007. Download the white paper and see how you can create an integrated, engaging employee experience using people analytics! Gender equality within the workplace has always been somewhat of a concealed topic, but the conversation is increasing due to external influences. The finance industry in the UK sees senior male staff comprise a sizeable portion.

Dignity Health Transforms HR Department with Smarter Analytics

SMD HR

Beginning in 2014, we embarked on a major HR transformation. To answer this question, we partnered with Strategic Management Decisions (SMD) and began following the approach of smarter analytics espoused in Predicting Business Success. With actionable data analytics, we are able to focus our HR resources on those areas that have the most impact on our strategic ministry and business goals. Employee Engagement Employee Surveys Healthcare HR Analytics Turnover

Dignity Health Transforms HR Department with Smarter Analytics

SMD HR

Beginning in 2014, we embarked on a major HR transformation. To answer this question, we partnered with Strategic Management Decisions (SMD) and began following the approach of smarter analytics espoused in Predicting Business Success. With actionable data analytics, we are able to focus our HR resources on those areas that have the most impact on our strategic ministry and business goals. Employee Engagement Employee Surveys Healthcare HR Analytics Turnover

Be careful! These books can change your career: People Analytics reading list

Littal Shemer

These books can change your career: People Analytics reading list. This list of People Analytics books is not exceptional. So here is my People Analytics reading list on Kindle, ordered chronologically, from newest to oldest. Data-Driven HR: How to Use Analytics and Metrics to Drive Performance. The Power of People: How Successful Organizations Use Workforce Analytics to Improve Business Performance. Nigel Guenole , Jonathan Ferrar and Sheri Feinzig (2017).

Introducing Workday’s AI Maturity Model: The Four Waves of the Intelligent Business

Workday

Having partnered with our customers from day one to build applications and solutions that help their businesses thrive, we began making investments and infusing our platform and applications with intelligence in 2014 when we acquired Identified, a predictive analytics company. Natural language technologies also play a big role in bringing advanced analytics to every employee by democratizing access to data and empowering employees to make augmented decisions.

4 Employee Engagement Ideas to Steal From Your Customer Support Team

Reflektive

A 2014 study from Boston Consulting Group survived over 200,000 people around the world researching what employees care about at work. In addition, acquiring employee feedback will enable you to collect data, thus taking a more analytical approach to your employee engagement and people development.

The digital workplace: Using a distinctive, digitally enabled employee experience to drive value in mergers, acquisitions, and divestitures

HR Times

Posted by Matt Usdin , Ed Alexander , and Kyle Forrest on May 26, 2017. Nearly six in 10 respondents from Deloitte’s Global Human Capital Trends 2014 Report said their organizations are “weak” when it comes to helping employees manage information flow. Analytics makes it possible to identify the number of people who have read a communication, allowing organizations to determine if additional communications are needed and, if so, the best way to deliver the message (e.g.,

Meet Namely: Jorge De La Nuez

Namely

Jorge joined Namely as an early employee in 2014. It may come as a surprise how much data analytics plays a part in my role. At Namely, our coworkers are one of the top reasons we love what we do. The Meet Namely series spotlights real Namely employees across the company. Read on to learn how our employees are helping us build better workplaces. After studying musical theater and performance, Jorge De La Nuez pivoted his career into the world of tech.

Why Employee Retention Is Important When Hiring Teachers

Spark Hire

What’s more, a July 2014 report by the Alliance for Excellent Education revealed schools lose between $1 billion and $2.2 Track hiring analytics for better retention. Learn from both the successes and failures of your past hires by tracking your hiring analytics. Employee retention is a costly issue for any business, but it becomes even more prevalent within schools.

4 Woefully Underused, Crazy-Effective Ways to Create Employee Training Programs that Deliver

ConnecTeam

According to Forbes , “ 2017 will mark the first full year that gen Z” – those born in 1995 or later – “will be settled into the workplace.” Solid user analytics can also be easily aligned to other employee performance indicators to show strong correlations of mobile training participation with team member success”, emphasizes Brainscape. But don’t just rely on data you get from your analytics. At first glance, the statistics are pretty scary.

Becoming Simply Irresistible: Meaningful work

HR Times

Posted by Josh Bersin and Burt Rea on November 8, 2017. Josh Bersin is principal and founder of Bersin , Deloitte Consulting LLP, delivering analytics, research, and tools that employers use as a foundation for day-to-day decision making. 3 “The Productivity of Working Hours,” by John Pencavel, April 2014, IZA DP No.

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Can Emoji Help Improve Workplace Engagement?

HR Daily Advisor

In fact, Appboy’s analytics shows that the number of emoji used in social campaigns has increased 777% year-over-year from 2015 to 2016. Deloitte’s 2014 Global Human Capital Trends research signaled the need to “redefine engagement beyond an ‘annual HR measure’ to a continuous, holistic part of an entire business strategy.” The popularity of emoji is widespread, with 92% of the online population using these characters in daily conversation.

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Why Using More People Analytics Could Have Unintended Consequences

i4cp

Use of data and analytics impacts almost every area of business today. Most of the discussion of analytics is focused on the positives—that is, the huge potential for using data and analytics to make better decisions, improve efficiency, make better products, etc. Like most things in life though, there are the possibilities of downsides, of unintended consequences or side effects of using more data and analytics in business.

Will a Robot Take Your Marketing Job

TalentCulture

According to the latest figures from the Bureau of Labor Statistics (BLS): “In February (2017), employment in manufacturing rose by 28,000. its highest level since November 2014. Interpretation: An AI-based tool like PaveAI can evaluate 16 million possible correlations within Google Analytics then produce a report showing the most significant findings. Are you panicked yet that artificial intelligence (AI) will soon put you out of work?

5 Things Every CEO Needs to Know About HR

HR Daily Advisor

years between 2014 and 2016, and this reduction in time-at-company shows no sign of stopping. Rajeev Behera is the CEO of the performance-management startup Reflektive , which provides a cloud-based talent development solution including real-time feedback, quarterly check-ins, lightweight performance reviews, goal management and engagement analytics, to over 300 over the world’s best places to work including Pinterest, Protective Life, MEC, Instacart, Ubisoft, Nutanix, and more.

How to Improve Employee Performance: Make Everyone a Data Scientist

Bonfyre

In response to this new urgency, people analytics emerged as a beacon of hope in the big data sphere. The next evolution in people analytics will come from a similar bottom-up perspective. According to a 2014 Glassdoor.com survey, 90% of people want to work for a company that is transparent, and companies that embrace transparency , particularly through the use of social tools, reap rewards of improved workforce morale and productivity.

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How advanced payroll systems and HR reporting can save you this new financial year

Ascender

A Towers Watson survey conducted in 2014 surveyed over 1,000 organisations globally. They found HR data and analytics to be in the top three areas for technology spend for HR functions. Regretted turnover costs are not limited to ‘time and money’, and implementing predictive analytics is one way to help solve this persistent and pervasive challenge.

The digital workplace: Using a distinctive, digitally enabled employee experience to drive value in mergers, acquisitions, and divestitures

HR Times

Posted by Matt Usdin , Ed Alexander , and Kyle Forrest on May 26, 2017. Nearly six in 10 respondents from Deloitte’s Global Human Capital Trends 2014 Report said their organizations are “weak” when it comes to helping employees manage information flow. Analytics makes it possible to identify the number of people who have read a communication, allowing organizations to determine if additional communications are needed and, if so, the best way to deliver the message (e.g.,

How to Stop Silencing Employees by Mistake

Bonusly

The number of raised concerns went from 10 in 2004 to 840 in January 2014. Technology also helps to understand and apply data: Intranet analytics interpret usage and employee-published content. Cognitive analytics provide insights and even predictions based on survey and workforce data. Employee voice is crucial for high performance and innovation, yet leaders continue to silence and disengage their employees unknowingly.

3 Ways Data Shapes the Talent Strategy at Tesla, Chevron, and LinkedIn

Linkedin Talent Blog

The head of Talent Acquisition at LinkedIn, Brendan Browne , is quick to admit that using data and talent analytics has completely changed the way his department is perceived by the business. Thanks to talent analytics, Brendan’s team went from under-resourced purple squirrel hunters to trusted and indispensable advisors. In Will’s words, talent analytics strives to be “HR’s nerdy best friend.” LinkedIn taps into talent analytics to increase employee retention.

Bersin: Massive Disruption for HR

HRExecutive

“HR tech is now a hot marketplace — since 2014, VCs have invested $5.5 From people analytics to performance management, HR technology is being brought to bear on the employee experience, said Bersin: Giving employees the tools and knowledge they need to be productive and well in a period of sustained change.

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Demand for Digital Marketing Skills Doubles

Burning Glass Technologies

Demand for Content Marketing has risen a staggering 450% in the last five years while Digital Analytics demand grew 152%, showing how the field is increasingly data-driven. One survey found that marketers were anticipating increasing analytics spending by 375% in the next three to five years. [ Digital Analytics 28,294 152% 89% $76,194 37 Days. 2 ] Deloitte, “The CMO Survey February 2017: Rethink everything,” accessed June 9, 2017, [link].

Why and How to Develop the Right Feedback Mindset

HR Daily Advisor

In fact, a 2014 study by Deloitte University revealed that two-thirds of Millennials believe managers are responsible for providing them with further development opportunities. The tool includes an extensive analytics platform to analyze key strengths and predict talent gaps and coaching needs. A dramatic shift in the job market has led many companies to turn to feedback to improve employee retention rates.