In today’s data driven world, organisations can use a range of diverse tools to delve into people analytics. They can give an insight to employee behaviour, and when used right, can truly empower an organisation or team leader.
But before we go any further, we first need to understand “What are people analytics?”
People analytics is the process of using data and technology to understand and improve employee behavior, motivation, and goals. It involves collecting and interpreting data about people and using statistical methods and visualization techniques to turn this raw data into useful insights. People analytics can help organizations make better decisions about hiring, training, and promoting employees, which can give them a competitive advantage.
Digging People Analytics Data that Matters
There are three main steps in the people analytics process. The first step is to identify the data that matters most to the organization and its goals. This might include data on employee performance, engagement, retention, and other factors that are important for the business. Once the key data points have been identified, the organization can set specific goals and KPIs (key performance indicators) based on this data.
Explore the Market
The second step is to explore the market for people analytics tools and technologies. There are many different options available, ranging from data mining and transformation tools to visualization techniques and user-friendly interfaces. It’s important for organizations to do their research and choose the tools that will best meet their needs and help prepare their employees for new challenges.
The third step is to get tech support to help implement the analytics tools and make sure they are being used effectively. This might involve training employees on how to use the tools, providing technical support, and working with the tech team to ensure that the tools are integrated smoothly into the organization’s systems and processes.
One company that has excelled in the use of people analytics is Google. The tech giant’s HR department is known for its innovative and forward-thinking approach, and it places a strong emphasis on data as a way to find, grow, and retain top talent. Google’s use of people analytics has been a key part of its success and has helped it become one of the world’s most successful and admired companies.
Another company that has successfully implemented people analytics is Uber, the leading transportation company in the digital era. By enabling its managers with analytics tools and insights, Uber has been able to improve employee engagement and drive better business outcomes.
For organizations to get the most out of their analytics efforts, it’s important for HR departments to stay up to date and skilled in this area. This means regularly updating and upgrading their knowledge and capabilities, and staying abreast of the latest trends and best practices in using data.
By doing so, organizations can optimize the use of people analytics and create a smarter, happier, more engaged, and more productive workforce.
We hope this helps and if you have any questions, you can always contact us for more information and help.