Being successful in analytics requires a thick skin, head-strong determination and a “failure is not an option” attitude. The challenges are many. They are often unexpected and constantly changing. In this article, I will demonstrate a few of the challenges from an HR analyst point of view, but the challenges apply to analysts in all functional areas.Read More
Analytics Articles: Human Resources, Supply Chain, Diversity and Business Analysis
Numerical Insights publishes articles on a variety of topics including business analytics, data analysis, data visualizations tools, improving business results, supply chain analytics, HR Analytics, strategic workforce planning, and improving profitability. We aim to make our articles informative and educational.
Within certain countries, the topic of diversity has become a strategic focus. Whether it's issues like gender pay equity or proper representation within a company's workforce, making good decisions regarding diversity goals and strategies has become key. Of course, by "good decisions," I am referencing the data-driven kind.
Like all new initiatives, there comes a time when a company has invested so much money that it starts to wonder when it will see a return.Read More
When You Just Can't Win: In HR Analytics, it is important to look ahead and think about unintended consequences. With some people analytics studies, you need to know when you just can't win otherwise you'll waste valuable budget/resources to produce no results. I'll provide examples.Read More
During the first few weeks of the year, we inevitably see various organizations issue predictions of what “will be hot.” Unfortunately, these are greatly unreliable because they tend to match whatever that organization wants to sell you this year. Yes, call me cynical. I prefer to gather views from clients and practitioners who live in the real world and who are best equipped to understand the impact of those challenges on what can truly be accomplished today. Based on this type of feedback, here is what I see continuing.Read More
In the analytics world, there are teams that are “stuck.” This article is to help those teams get “un-stuck.” Perhaps you headed down the path of analytics without a plan. Perhaps you had a plan but the ever-changing data privacy regulations halted that plan. It’s time to refocus so you can begin to move forward once again.Read More
In a recent interview, I was asked to explain the difference between HR Analytics and People Analytics. I wanted to share my response so people new the field could understand the history of these names and avoid confusion.Read More
This list is provided to help you get started in analytics. Examples are from HR-People Analytics, Supply Chain Analytics, Legal, Marketing and general Business Analytics. If you’re only interested in one of these areas, I have identified in each example, the business areas to which the idea applies. You can use that to skip quickly through the list.Read More
Data breaches are in the news every day, especially the large-scale ones that occur at retailers and financial institutions. But did you know that most data breaches are the result of employees accidentally exposing sensitive data? These unintentional actions can have substantial consequences.Read More
Harvard Business Review recently published an article entitled, “Success with the Internet of Things Requires More Than Chasing the Cool Factor.”1 For those in HR / People Analytics, this warning of chasing the cool factor should ring through loud and clear… but that’s not the point I shall make today. I’m going to wave my warning arms more in the direction of strategic recruitment, talent strategy and strategic workforce planning. Whether you’re an IoT company or not, you need to see what is coming… Actually, it’s already here.Read More