Analytics Capability in Human Resources
Analytics derived from a Greek Word “ana” which means above and “lysis” which means solution therefore the analysis means beyond solution. Since analysis is always an important part of work so that human resources needs analysis as well to support the strategic decisions and business problems’ solutions based on people data. There are several steps to build analytics capability in human resources:
- Learn as much as you can about workforce analytics and build networks with experts.
- Understand analytic approaches.
- Begin your journey by collaborating with your information technology (IT) business intelligence team.
- Hire the right talent skilled in:
- Build the data repository.
- As the data warehouse is populated and validated, start designing visualizations.
- Based on feedback from this group, we updated and iterated the visualizations in preparation for publishing to a wider audience.
- Find the quick wins to establish credibility.
Reference: https://www.hrexchangenetwork.com/people-analytics/articles/big-data-is-here-how-do-you-use-it