Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0:

Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: The post Why Benchmarking 2.0

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Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Benchmarking enables companies to compare organizational metrics with their peers and competitors, confirming strengths and opportunities for improvement.

Raising the bar in benchmarking

Analytics in HR

Even the legendary Chinese general Sun Tzu was a sucker for benchmarking. In this article I’ll explore the origins, future, flaws, and benefits of benchmarking. . The origins of benchmarking. The term benchmarking (in its current meaning) originated in the eighties.

Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

These groups are so large that they often self-insure many of their insurance coverages, and soon terms like “benefits administration,” “workflow” and “benchmarking” become a regular part of your vocabulary.

Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

When it comes to recruitment operations benchmarks, understanding what’s going on outside your organization may be key to assessing whether you’re on point or behind the curve. 2020 Recruitment Operations Benchmark Report.

Retaining Managers: New Data Reveals the Impact of People Analytics

Visier

Reducing Manager Turnover: Does People Analytics Drive Results? In terms of addressing manager turnover, a big question for many HR leaders is whether people analytics actually delivers value. Clearly, there is an opportunity to succeed with people analytics: One U.S.

The Future of Business: People Analytics for Everyone

Visier

Over the past decade it has become clear that organizations don’t just need people analytics, but effective people analytics. According DDI’s 2018 Global Leadership Forecast , people analytics efforts were more likely to fail than not. People analytics: Buyer beware.

How technology can democratize people analytics

Bersin with Deloitte

But while analytics technology has advanced, global productivity remains weak, contributing to a gap between the possible and the actual, with no easy way to close it. Our research shows that the typical people analytics team is small, with less than five members.

11 HR Analytics Courses Online

Analytics in HR

This article lists the eleven best HR analytics courses in the world today. Getting started with HR analytics – also called People Analytics – is a big step for a lot of people and organizations. An HR analytics course that answers these questions can be invaluable.

What is HR Data Analytics & How Do We Leverage It?

Ultimate Software

But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades. HR Data Analytics Definition. Maximizing the Impact of HR Data Analytics.

People analytics for SMEs

Analytics in HR

However, we’re getting the question more and more whether people analytics also applies to small and medium enterprises. Is People Analytics relevant for SMEs? Each of the three essential building blocks for people analytics help to manage Human Resources in a better way.

The 4 Elements of Analytics Storytelling

Visier

Here’s how to use those four elements to help tell your analytics story. Communicate the right context—for instance, previously established goals, historical data, KPIs, or industry benchmarks—to your audience so they understand why the data is important.

Top 10 People Analytics Difference Makers to Look For

Visier

It’s the place to be for the latest and greatest in HR technology trends–especially analytics. . With that in mind, here’s my top 10 list of what makes Visier unique for people analytics: 1. These leaders have been working to solve challenging data and analytic problems for decades.

What is HR Analytics?

HR Digest

HR or Human Resource Analytics is the analysis that is made about the human resource or employees of the company so that strategies could be framed accordingly to improve their performance outcome and retain them for a longer period. The post What is HR Analytics?

Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

The 4 Elements of Analytics Storytelling

Visier

Here’s how to use those four elements to help tell your analytics story. Communicate the right context—for instance, previously established goals, historical data, KPIs, or industry benchmarks—to your audience so they understand why the data is important.

Find Merck KGaA Found the Ideal Span of Control Using People Analytics

Visier

People analytics is critical for business because, at the end of the day, insights into our data enable us to drive better outcomes for my organization, Merck KGaA, Darmstadt, Germany. However, our people analytics showed us that there is, in fact, no magic number.

Benchmarking Talent Acquisition: Increasing Spend, Cost Per Hire, and Time to Fill

Bersin with Deloitte

I’m excited to announce that the highly-anticipated Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing, and Key Recruiting Metrics was published today.[1] Hiring & Onboarding HR & Talent Analytics HR Strategy & Benchmarking Human Resources Sourcing & Recruiting Talent Acquisition Strategy Talent Acquisition Tech Tools & Technology

Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. Building your People Analytics Solution.

Why Benchmarking Sucks

SAP Innovation

Benchmarking has its roots in the Total Quality Management philosophy. The benchmarking process is simple: Determine who is best in class at something and copy them. Benchmarking is usually aimed at a business process or operations.

Intent Industry News: ABM Benchmarks, Data Strategy, B2B as B2C, and More

Aberdeen HCM Essentials

The roundup includes articles that cover ABM benchmarks, the push for stronger data strategies, treating B2B marketing more like B2C, challenges for the modern marketer in the B2B industry, and an obsession with intent data. Live Webinar: ABM Benchmarks for 2020.

People Analytics Has Arrived

Analytics in HR

When I asked, “Who has a people-analytics team?”, Indeed, people analytics is coming to a theater near you. People-analytics teams range in size from 2 percent to 7 percent of the total HR workforce. The most primitive tools are essentially the latest form of benchmarking, while the most sophisticated offer the capacity to fine tune HR delivery to optimize organizational performance. They often provide industry-wide data for benchmarking purposes.

People Analytics Has Arrived

HRExecutive

When I asked, “Who has a people-analytics team?”, Indeed, people analytics is coming to a theater near you. People-analytics teams range in size from 2 percent to 7 percent of the total HR workforce. Prebuilt Reports, Dashboards and Benchmarking.

Product Update: Industry Benchmarks Make Insights Even More Accurate

Hireology

Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition.

HR Analytics – The “GPS” of True HR Transformation

Visier

The same could be said – most recently – for the terms, “workforce analytics,” “talent analytics,” and other variants of this. These include: Setting the global HR strategy: requires change analytics capabilities. Numbers behind HR – benchmarking & analytics.

Intent Data Industry News: Buyer Intent Data Tools Insight, ABM Benchmarks, 2020 B2B Marketing Predictions, and More

Aberdeen HCM Essentials

We cover a 2019 market report on Global Buyer Intent Data Tools, the improved ROI of data-driven marketing, 2019 ABM benchmarks, B2B marketing predictions for 2020, and what’s working in intent-based strategies. Key Findings from the ABM Benchmark Survey.

Data 75

Will HR Lose the Battle Over Analytics?

Bersin with Deloitte

Most HR organizations have been slow to adopt analytics – too slow, in fact, in the minds of many impatient business leaders. are using advanced or predictive analytics to make talent decisions. These companies have created strong analytics teams with […]. HR Benchmarking People AnalyticsOur research conducted last year showed that just 14% of HR organizations in the U.S

Humans of HR: Company Trends in Benchmarking and Analytics

ADP

In this second installment of "Humans of HR", HR Manager Melanie Weigert shares her experience with adapting company trends in data and analytics

How Workday is Doubling Down on Data and Analytics

Workday

We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics. In other words, the metrics you have about your business may be robust and informative, but without deeper analytical insights—achieved with greater context and direct comparison with similar companies—the “why” remains more elusive. Workday Benchmarking, our first Data-as-a-Service (DaaS) offering, is now generally available.

The Analytics of Human Resources

HSD Metrics

Analytics have always had a place in operations such as marketing and sales, but its use in human resources is not as common. Having some form of quantitative data allows for easier benchmarking and better discussions between managers and employees.

It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan

Visier

The underlying theme tying their two presentations together was that in order for HR to be successful with analytics, it’s necessary to connect HR goals (or your people strategy) to organizational goals (the business strategy). The eras are: Analytics 1.0: Artisanal Analytics.

Benchmark Myopia and the Need for Business Drivers

SMD HR

It is a typical practice in many industries to be curious about, and focus on, benchmarks to get an idea of “where you stand” on a particular metric. To be clear, benchmarks are a good piece of information to know when examining your performance—but when leaders, particularly in HR, live and die (i.e., When you stop and think about it, a benchmark is just a pursuit to achieve somewhat better-than-average against a number that may not even reflect a true reality. Benchmarkin

People Analytics at Bosch

Analytics in HR

At UNLEASH Amsterdam, I had the pleasure of interviewing Rainer Schlienkamp and Jasmin Wölke from the People Analytics team at Bosch. We’re sitting here at UNLEASH and I’m here with Rainier and Jasmine from the people analytics team at Bosch. HR Analytics

Keeping it Simple: Driving HR analytics Value in 1 week

Analytics in HR

I attended an HR analytics conference in 2014, and was very impressed by the HR analytics work done in excel by Elouise Leonard-Cross, then of Home Group, in the North-East of England. Driving HR analytics value in 1 week. Wednesday: The existing analytics landscape.

A Look Ahead at HR 2016 / 2017: Becoming Digital

Bersin with Deloitte

Engagement HR & Talent Analytics HR Org. Governance HR Strategy & Benchmarking Human Resources Rewards & Recognition Services & Programs Communities of Expertise Data-driven HR Design Thinking Digital HR High-Impact HR High-Impact Human Resources HR HR Culture HR Digital HR Networks Networks of Expertise People Analytics SMAC Talent Analytics the Culture of HR Workforce managementHR is in a defining moment.

Demand for HR Analytics Roles Strong, but Slowing

Bersin with Deloitte

Talent analytics presents the second largest capability gap for organizations, trailing only the need to build better leadership. Three in four companies (75 percent) in a recent Deloitte study believe that using analytics in HR is “important,” but just 8 percent believe their organization is “strong” in this area. HR Benchmarking People Analytics Talent Acquisition Strategy Talent Strategy