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People Analytics for Dummies

Author: Laura Freeman; Ben Waber; Mike West
Publisher: Newark : John Wiley & Sons, Incorporated, 2019.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Maximize performance with better data Developing a successful workforce requires more than a gut check. Data can help guide your decisions on everything from where to seat a team to optimizing production processes to engaging with your employees in ways that ring true to them. People analytics is the study of your number one business asset-your people-and this book shows you how to collect data, analyze that data,  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Freeman, Laura.
People Analytics for Dummies.
Newark : John Wiley & Sons, Incorporated, ©2019
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Laura Freeman; Ben Waber; Mike West
ISBN: 9781119434832 1119434831
OCLC Number: 1088332712
Notes: Calculating the simple ELV per segment by multiplying
Description: 1 online resource (467 pages)
Contents: Intro; Title Page; Copyright Page; Table of Contents; Introduction; About This Book; Foolish Assumptions; Icons Used in This Book; How This Book is Organized; Part 1: Getting Started with People Analytics; Part 2: Elevating Your Perspective; Part 3: Quantifying the Employee Journey; Part 4: Improving Your Game Plan with Science and Statistics; Part 5: The Part of Tens; Beyond the Book; Where to Go from Here; Part 1: Getting Started with People Analytics; Chapter 1: Introducing People Analytics; Defining People Analytics; Solving business problems by asking questions Using people data in business analysisApplying statistics to people management; Combining people strategy, science, statistics, and systems; Blazing a New Trail for Executive Influence and Business Impact; Moving from old HR to new HR; Using data for continuous improvement; Accounting for people in business results; Competing in the New Management Frontier; Chapter 2: Making the Business Case for People Analytics; Getting Executives to Buy into People Analytics; Getting started with the ABCs; Creating clarity is essential; Business case dreams are made of problems, needs, goals Tailoring to the decision makerPeeling the onion; Identifying people problems; Taking feelings seriously; Saving time and money; Leading the field (analytically); People Analytics as a Decision Support Tool; Formalizing the Business Case; Presenting the Business Case; Chapter 3: Contrasting People Analytics Approaches; Figuring Out What You Are After: Efficiency or Insight; Efficiency; Insight; Having your cake and eating it too; Deciding on a Method of Planning; Waterfall project management; Agile project management; Choosing a Mode of Operation; Centralized; Distributed Part 2: Elevating Your PerspectiveChapter 4: Segmenting for Perspective; Segmenting Based on Basic Employee Facts; "Just the facts, ma'am"; The brave new world of segmentation is psychographic and social; Visualizing Headcount by Segment; Analyzing Metrics by Segment; Understanding Segmentation Hierarchies; Creating Calculated Segments; Company tenure; More calculated segment examples; Cross-Tabbing for Insight; Setting up a dataset for cross-tabs; Getting started with cross-tabs; Good Advice for Segmenting; Chapter 5: Finding Useful Insight in Differences; Defining Strategy Focusing on product differentiatorsIdentifying key jobs; Identifying the characteristics of key talent; Measuring If Your Company is Concentrating Its Resources; Concentrating spending on key jobs; Concentrating spending on highest performers; Finding Differences Worth Creating; Chapter 6: Estimating Lifetime Value; Introducing Employee Lifetime Value; Understanding Why ELV Is Important; Applying ELV; Calculating Lifetime Value; Estimating human capital ROI; Estimating average annual compensation cost per segment; Estimating average lifetime tenure per segment

Abstract:

Maximize performance with better data Developing a successful workforce requires more than a gut check. Data can help guide your decisions on everything from where to seat a team to optimizing production processes to engaging with your employees in ways that ring true to them. People analytics is the study of your number one business asset-your people-and this book shows you how to collect data, analyze that data, and then apply your findings to create a happier and more engaged workforce.-Start a people analytics project -Work with qualitative data -Collect data via communications -Find the right tools and approach for analyzing data If your organization is ready to better understand why high performers leave, why one department has more personnel issues than another, and why employees violate, People Analytics For Dummies makes it easier.

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