Demonstrated success in human capital measurement and analytics enables more precise understanding of how the workforce contributes to business success.
However, several challenges must be overcome if HR is to lay a proper foundation for a data-driven decision-making. Firstly, recent surveys suggest that HR staff are least effective in non-traditional roles, such as applying workforce analytics and understanding business fundamentals; such inexperience, coupled with increasing pressure for on-demand analysis, can potentially destroy any progress towards measurement maturity. Secondly, many organizations seek to add human capital analytics responsibilities to HR Generalists’ already over-flowing portfolios; in such situations, the time constraints hinder the ability of new analysts to get the “reps” required for developing an analytics competency. And thirdly, organizations must decide how best to utilize an emerging measurement capability, deciding which human capital issues possess the greatest opportunity for analysis and impact.
During this webinar, Mick will discuss how, across its membership of Fortune 1000 organizations, Infohrm has found that a specific mix of skills, structures, and analytics processes are critical for success in laying a strong foundation for human capital measurement and analysis. Using a combination of simple case studies, practical advice, and clear lessons learned, information presented in the webinar will aid all HR practitioners in avoiding common missteps and successfully launching a measurement program.
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