Nigel Guenole, Jonathan Ferrar, Sheri Feinzig

Power of People, The (eBook, ePUB)

How Successful Organizations Use Workforce Analytics To Improve Business Performance

• Format: ePub

Produktbeschreibung

Learn from Today's Most Successful Workforce Analytics Leaders Transforming the immense potential of workforce analytics into reality isn't easy. Pioneering practitioners have learned crucial lessons that can help you succeed. The Power of People shares their journeys-and their indispensable insights. Drawing on incisive case studies and vignettes, three experts help you bring purpose and clarity to any workforce analytics project, with robust research design and analysis to get reliable insights. They reveal where to start, where to find stakeholder support, and how to earn "quick wins" to build upon. You'll learn how to sustain success through best-practice data management, technology usage, partnering, and skill building. Finally, you'll discover how to earn even more value by establishing an analytical mindset throughout HR, and building two key skills: storytelling and visualization. The Power of People will be invaluable to HR executives establishing or leading analytics functions; HR professionals planning analytics projects; and any business executive who wants more value from HR.

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Produktdetails

• Verlag: Pearson ITP
• Seitenzahl: 352
• Erscheinungstermin: 19. Mai 2017
• Englisch
• ISBN-13: 9780134544540
• Artikelnr.: 52467316

Autorenporträt

Nigel Guenole is an executive consultant with IBM, where he consults with many of the world's most successful organizations about improving organizational performance with psychological science. He is also Director of Research at the Institute of Management at Goldsmiths, University of London. Nigel's consulting, research, and teaching focus on topics in industrial-organizational psychology and statistical modeling. He is an associate fellow of the British Psychological Society (BPS), a member of the Academy of Management (AOM), and a member of the Society for Industrial and Organizational Psychology (SIOP). His work on topics related to workforce analytics has been featured in the media and popular press, as well as in numerous scientific journals, including Frontiers in Quantitative Psychology & Measurement and Industrial and Organizational Psychology: Perspectives on Science and Practice.

Jonathan Ferrar is a respected consultant, speaker, and influencer in HR strategy, workforce analytics, and the future of work. He advises clients on how to establish human resources strategies that will improve business performance and make HR more relevant. He was listed as one of the global Top 50 HR Analytics Influencers on LinkedIn in 2014 and as one of the 15 HR and People Analytics Experts to Follow for 2017 by Jibe. Before he started his own consultancy business, Jonathan worked for more than 25 years in corporate business in IBM, Andersen Consulting (now Accenture), and Lloyds Bank, for many of those years in senior executive management roles in both the United Kingdom and the United States. Jonathan has worked with C-suite clients and business leaders across the globe on human resources management and workforce analytics. He holds a bachelor of arts degree and a master of arts degree from the University of Cambridge and a postgraduate diploma in human resources management from Kingston Business School. He is a Chartered Fellow of the Chartered Institute of Personnel and Development (Chartered FCIPD).

Sheri Feinzig is a director at IBM, where she leads a global team of consultants, content development experts, and the Smarter Workforce Institute. Sheri has more than 20 years of experience in human resources research, organizational change management, and business transformation. She has applied her analytical and methodological expertise to numerous research-based projects on topics such as employee retention, employee engagement, performance feedback, social network analysis, and organizational culture. Sheri received her Ph.D. in Industrial-Organizational Psychology from the University at Albany, State University of New York. She has presented on numerous occasions at national conferences and has coauthored a number of publications and white papers. She has served as an adjunct professor in the psychology departments of Rensselaer Polytechnic Institute in Troy, New York, and the Illinois Institute of Technology in Chicago, Illinois, where she taught doctoral, masters, and undergraduate courses on performance appraisal, tests, and measures. Sheri is a member of the Society for Industrial and Organizational Psychology (SIOP).

Inhaltsangabe

Foreword by John Boudreau     xv
About the Authors     xix
Interviewees     xxi
Vignettes     xxv
Preface     xxvii
PART I:  UNDERSTANDING THE FUNDAMENTALS     1
Chapter 1  Why Workforce Analytics?     3
Adoption of Analytics     4
HR’s Contribution to Business Value     4
The Changing Nature of HR     7
The Future of Work     11
Summary     13
Chapter 2  What’s in a Name?     15
Focus of the Function     16
Activities of the Function     17
A Name Fit for the Future     18
Summary     18
Chapter 3  The Workforce Analytics Leader     19
Reporting to the Chief Human Resources Officer     20
Responsibilities of the Workforce Analytics Leader     20
Business Acumen     22
Leadership Attributes     23
Summary     26
Chapter 4  Purposeful Analytics     27
A Model for Purposeful Analytics     28
Project Sponsors     38
Why Do Analytics Projects Fail?     40
Summary     42
Chapter 5  Basics of Data Analysis     43
Research Design     44
Objectives of Analysis     47
Unstructured Data     52
Traditional Statistics versus Machine Learning     53
Social Consequences of Algorithms     54
More on Design and Analysis     56
Summary     56
Chapter 6  Case Studies     57
Eight-Step Methodology     58
Case Study: Improving Careers Through Retention Analytics at Nielsen     59
Case Study: From Employee Engagement to Profitability at ISS Group     65
Case Study: Growing Sales Using Workforce Analytics at Rentokil Initial    
71
Case Study: Increasing Value to the Taxpayer at the Metropolitan Police    
76
Case Study: Predictive Analytics Improves Employee Well-Being at
Westpac     80
Summary     83
PART II:  GETTING STARTED 85
Chapter 7  Set Your Direction 87
You Have the Job! Now What?     88
Listening to Prospective Project Sponsors     90
The Seven Forces of Demand     91
Agreeing on the Scope of Analytics     95
Developing a Vision and Mission Statement     95
Summary     97
Chapter 8  Engage with Stakeholders     99
Who Are Stakeholders?     100
Stakeholders Served     101
Stakeholders Depended Upon     106
Stakeholders Impacted     113
Working Effectively with Stakeholders     118
Summary     121
Chapter 9  Get a Quick Win     123
Identifying Potential Projects     125
Complexity-Impact Matrix     125
Assessing Complexity and Impact     129
Summary     133
PART III:  BUILDING YOUR CAPABILITY     135
Chapter 10  Know Your Data     137
A Pragmatic View of Data     138
Solving Data Quality Challenges     138
Data Types and Sources     147
Data Governance     152
Remember the Basics     152
Summary     155
Chapter 11  Know Your Technology     157
Starting with Vision and Mission     158
Components of Workforce Analytics Technology     159
On-Premise Versus Cloud     164
Technology Vendor Relationships     165
Summary     167
Chapter 12  Build the Analytics Team     169
Six Skills for Success     170
Configuring Team Roles     181
Remember the Fundamentals!     184
Summary     185
Chapter 13  Partner for Skills     187
Why Consider Partners?     188
Options for Building the Team     188
Choosing Among the Options     197
Summary     200
Chapter 14  Establish an Operating Model     203
Defining Your Operating Model     204
Strategy     205
Governance     205
Implementation     212
Accountability     221
Summary     224
PART IV:  ESTABLISHING AN ANALYTICS CULTURE     225
Chapter 15  Enable Analytical Thinking     227
Perspectives of Analytics in HR     228
The Translator Role     234
The Importance of Leadership     236
Summary     237
Chapter 16  Overcome Resistance     239
Resistance to Workforce Analytics     240
Stakeholder Skepticism     240
Financial Frugality     245
HR Hesitancy     246
Summary     252
Chapter 17  Communicate with Storytelling and Visualization     253
What Is Storytelling?     254
Effective Visualization     263
Knowing Your Audience     269
Keeping It Simple     273
Summary     275
Chapter 18  The Road Ahead     277
Analytics Provides New Opportunities for HR     278
Emerging Data Sources     278
Considering New Data Sources     280
Evolving Technology     282
The Workforce Analytics Function     283
Summary     286
Glossary     287
References     295
Index     301