Do you remember the spreadsheet? Back in the day, it was HR’s essential tool. Attendance data and productivity data, and benefits enrollment were all kept on individual spreadsheets on someone’s computer to use for all HR decision-making. The data was collected manually and from people of various backgrounds and training. Plus, these spreadsheets were susceptible to unwanted exposure or someone unintentionally corrupting the information, making it difficult to ensure data quality.
Read MoreWith 70% of surveyed respondents agreeing that business leaders have shown more interest in employee experience since the COVID-19 pandemic, it indeed is no surprise that employee experience has come to the forefront of improving business goals. Yet many companies are struggling with how to reach their goals with their EX efforts. Connecting analytic teams with business goals is a helpful way to overcome this challenge.
Read Moreintelligence (AI) has been quietly helping us navigate the complexities of everyday life for years and has undeniably become a necessity in the modern age. In fact McKinsey research highlights that 58% of the businesses surveyed confirmed using AI for at least one function in the workplace. And the world of HR is no exception to this trend. A data-driven approach to HR is on the rise, and AI is at its core. It is being used to help with important decision-making around hiring, employee performance tracking and management and HR upskilling. And with the emergence of ChatGPT, HR professionals now have access to a powerful new tool that can revolutionise HR activities in ways that weren’t possible before.
Read MoreOne can't pick up an industry or trade publication without headlines extolling digital transformation, data-driven cultures, and artificial intelligence. Most of the focus is on new software, hardware, and gadgets that will magically "transform" its capabilities. We, too, are excited about the potential. Unfortunately, though, most transformation efforts fail. From our perspective, the most important reason is a too-narrow focus on technology, coupled with a failure to embrace people. Indeed, it appears that many transformation efforts view people as part of the problem.
Read MoreAttrition rates are up, productivity is low, and recruitment costs are soaring. These are just some challenges HR faces in today's ever-changing business landscape. Thankfully, there is a way to tackle these issues head-on and deliver more business value: people analytics.
Read MoreLeading Companies understand that in today's competitive marketplace, a data-driven culture derives value and growth for the organisation through strategic HR and People Analytics. For this to happen, HR professionals require the proper capabilities to lead their company through digital transformation and socio-economic turbulences. An immersive learning experience focusing on applying essential skills will help you go deeper and faster to equip your HR Teams with the capabilities they need to succeed in the modern workplace.
Read MoreIn a recent report by TI People and FOUNT Global, Inc, “The Big, Bad State of EX”, 70% of the respondents reported that their organisation's Employee Experience (EX) data is inadequate for their needs. Another finding was that HR professionals take too much responsibility for EX, with 76% of EX professionals responding to the survey saying they are primarily accountable for the quality of EX at their organisations, while business leaders and managers are the #1 influencers of EX in their company.
I was delighted to sit down recently with Jennifer Sigler, FOUNT’s research director and the main author of The Big, Bad State of EX report, for a discussion on the issues identified in the study in relation to people data for this executive article.
Read MoreOver the past few years, we have seen seismic shifts in the demands of the modern workplace, with consumers and employees increasingly expecting companies to be more socially and environmentally responsible and focus on CSR strategies. The tragic death of George Floyd in May 2020 sparked a global movement for DEIB (Diversity, Equity, Inclusion, and Belonging), prompting organisations to make genuine commitments to anti-racism more than ever before. And the emergence of COVID-19, back in March 2020, has seen organisations transition to remote and hybrid working at an unprecedented scale.
Read MoreThe increased demand for and use of ONA and collaboration analytics technologies has seen a number of technology firms establish themselves in the field. One of these companies is Cognitive Talent Solutions, so I was delighted to catch up recently with their CEO and co-founder Francisco Marin to reflect on the current economic headwinds and discuss how ONA can be applied to leadership development to support organisations during a recession.
Read MoreUnderstanding the principles of data storytelling is key to ensuring that any analysis or insights you generate are communicated effectively to your audience or stakeholders, so that they understand your recommendations and take action. In this article Cole Nussbaumer Knaflic outlines three important tips to really help you create compelling stories that drive actionable outcomes.
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