Q: What is "workforce analytics"? What is Strategic Workforce Planning?
Workforce analytics is part of the Strategic Human Capital Management process and is used to guide decisions regarding recruitment needs, talent management, succession planning, financial bugetting, etc. . Predicting the onset of the baby-boomer retirements is a popular example of workforce analytics supporting strategic workforce planning.
Q: What types of techniques do you in your analyses?
A: Regression analysis, time series analysis, and graphical analysis.
Regression analysis is about finding relationships in your data. Is the education level of employees correlated with engagement scores or performance scores? Is absenteeism in your factory correlated with the age of the worker or the time they have been with your company?Regression analysis is a statistical way to determine if these hypothesized relationships hold true.
Time series analysis, as the name suggests is a study of data over a period of time. More specifically, it is a study to discover the underlying structure of the data such as trends and seasonal effects. For example, is there a seasonal pattern to people leaving your company?
Graphical analysis is almost always the beginning of any data analysis as it helps to identify errors and differences among different sets of data. Furthermore, the use of graphical methods helps to identify the distribution of the data and whether multiple populations exist within the dataset. Graphical methods can often tell a story about what type of insights can be found buried within the data set.
Q: Do you work with clients outside of your local area?
A: Yes, I support clients in multiple countries. With the use of technology like video calling and web meeting tools, I provide consulting services to remote clients.
Do you provide flat rate proposals or charge on an hourly basis?
For well-defined projects, a flat-rate proposal can be provided. For some of the more challenging projects of "discovery," a phased approach or hourly rate proposal is more likely.
What types of companies have you helped?
My experience has been in guiding Fortune 100 companies in all areas of HR analytics, strategic workforce planning and HR project leadership. I can assist companies of all sizes.