Every business has problems they want to solve. It could be a small problem or a large one. The key to solving business problems is
I am thrilled to have the chance to interview Amber Hurdle, a former teen mom who evolved into a powerhouse businesswoman, and who has worked with international celebrities, Fortune 500 companies, and businesses worldwide. Author of The Bombshell Business Woman and upcoming Velvet Machete® Personal Branding, she is also a speaker, podcaster and Predictive Index Certified Advisor.
Imagine if you were asked to buy a house without ever seeing it. Your real estate agent tells you it has everything you asked for and you should trust her because she has had 100 percent success in predicting her client’s happiness with their purchase. Would you buy it?
Five years ago, I recall speaking to an attendee at a SHRM Annual Conference—an HR professional from a Fortune 100 company—who asked if SHRM would consider including additional sessions on HR analytics at future conferences. “I need to learn more,” she said. “My CEO wants to see numbers!”
Ask and you shall receive.
I spent several years as an HRIS and Quality Manager. In this role, I was often asked to “pull numbers” on retention, turnover, benefits usage, 401k participation, and click activity on jobs in our ATS. HR departments have a tradition of collecting lots of HR data. However, this data often remains unused. As soon as your organization starts solving their people problems by using data, they are engaged in people analytics.
Dr. Woody: What is the essence of The Power of People? Who is this book for and why did you write it?
More HR leaders shift focus to developing staff who can interpret big data
One of the biggest challenges human resource executives face is increasing the analytics capabilities of their staff. With the abundance of workforce-related information made available through big data, HR leaders have a prime opportunity to use that data in ways that help business leaders make more informed, cost-effective talent decisions.
Analytics in the business world serve many purposes, and a survey by the American Management Association uncovered the top five reasons business leaders say analytical skills are necessary today.
Which of the following create the greatest need for analytical skills in your organization?