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From Data to Insight
Ke r ro n R a m ga n e s h
Leveraging Improved
Decision Making to
Generate Business Value
HR
Data Driven HR
Data Driven HR
2
Prescriptive Analytics
Application of corrective
actions towards scenarios
and calculating ROI.Prescriptive
Analytics
Predictive Analytics
Using relationships among
metrics to forecast and
predict outcomes.
Predictive
Analytics
Descriptive Analytics
Understanding the present
state, generation of
Metrics and KPIs.
Descriptive
Analytics
Data Collection
Operational Reporting based
on Business Objectives,
foundation for Analytics.
Data
HR Analytics Journey
3
Measuring and tracking
metrics in isolation
HR Analytics requires layering
and building relationships
among various metrics
The Metrics Trap
4
High Absenteeism
Low Retention
Additional Overtime Costs
Reduced Output
Staff Burnout
Skill Shortages
Departmental Issues
Applied Analytics
Warehousing Department Case
5
3
4
1
2
Increase Pay Rate
Staff Training
Defined ROI
Step 04
Increased Cost
per Hire
Reduced Sales
Output
Step 03Step 02
Absenteeism Rate
Turnover Rate
Cost per FTE
Operational Reports
Industry Research
Staff Feedback
Step 01
Data Gathering
Descriptive Analytics
Predictive Analysis
Prescriptive Analytics
Applied Analytics
6
Warehousing Department Case
Consulting Capability
Facilitation of the
problem-solving process.
HR Expertise
Knowledge of HR Policies,
Processes and related issues.
Change Management
Implementation of action
to drive business change.
Technical Acumen
Use of Technology for
Data Mgmt. & Reporting.
Data Modelling
Applying Statistical Analyses
to generate insight from data.
Business Intelligence
Translating Qualitative HR
work into Quantitative value.
HR Analytics Team
7
Drivers and Barriers
8
HR Capability
HR professionals are not proficient in
data analysis and quantification.
Transformational HR
Harnessing analytics tools and techniques
will shift HR into a transformational unit.
Business Performance
Maximizing the talent resources of the
organization can lead to positive results.
Organisational Culture
Shifting to a Data Driven culture requires
high levels of effort, investment and time.
Data Quality
Data collection and analysis is usually a
scattered and inconsistent process.
Data Driven Decisions
Reduced subjectivity and human bias in
HR decision making processes.
Enhance Your Team
Up Skill your HR Team by creating Cross
Functional Teams
Business Focus
Focus on your most significant Business
challenges and build from there
More than Metrics
Use Data and resulting Metrics to
identify relationships and solutions
Transformational HR
Shifting the HR function from
Transactional to Transformational
HR Analytics
9
Key Takeaways
Thank YouQuestions or Comments are Welcome.

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HR Analytics: From Data to Insight

  • 1. From Data to Insight Ke r ro n R a m ga n e s h
  • 2. Leveraging Improved Decision Making to Generate Business Value HR Data Driven HR Data Driven HR 2
  • 3. Prescriptive Analytics Application of corrective actions towards scenarios and calculating ROI.Prescriptive Analytics Predictive Analytics Using relationships among metrics to forecast and predict outcomes. Predictive Analytics Descriptive Analytics Understanding the present state, generation of Metrics and KPIs. Descriptive Analytics Data Collection Operational Reporting based on Business Objectives, foundation for Analytics. Data HR Analytics Journey 3
  • 4. Measuring and tracking metrics in isolation HR Analytics requires layering and building relationships among various metrics The Metrics Trap 4
  • 5. High Absenteeism Low Retention Additional Overtime Costs Reduced Output Staff Burnout Skill Shortages Departmental Issues Applied Analytics Warehousing Department Case 5
  • 6. 3 4 1 2 Increase Pay Rate Staff Training Defined ROI Step 04 Increased Cost per Hire Reduced Sales Output Step 03Step 02 Absenteeism Rate Turnover Rate Cost per FTE Operational Reports Industry Research Staff Feedback Step 01 Data Gathering Descriptive Analytics Predictive Analysis Prescriptive Analytics Applied Analytics 6 Warehousing Department Case
  • 7. Consulting Capability Facilitation of the problem-solving process. HR Expertise Knowledge of HR Policies, Processes and related issues. Change Management Implementation of action to drive business change. Technical Acumen Use of Technology for Data Mgmt. & Reporting. Data Modelling Applying Statistical Analyses to generate insight from data. Business Intelligence Translating Qualitative HR work into Quantitative value. HR Analytics Team 7
  • 8. Drivers and Barriers 8 HR Capability HR professionals are not proficient in data analysis and quantification. Transformational HR Harnessing analytics tools and techniques will shift HR into a transformational unit. Business Performance Maximizing the talent resources of the organization can lead to positive results. Organisational Culture Shifting to a Data Driven culture requires high levels of effort, investment and time. Data Quality Data collection and analysis is usually a scattered and inconsistent process. Data Driven Decisions Reduced subjectivity and human bias in HR decision making processes.
  • 9. Enhance Your Team Up Skill your HR Team by creating Cross Functional Teams Business Focus Focus on your most significant Business challenges and build from there More than Metrics Use Data and resulting Metrics to identify relationships and solutions Transformational HR Shifting the HR function from Transactional to Transformational HR Analytics 9 Key Takeaways
  • 10. Thank YouQuestions or Comments are Welcome.