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HR Analytics and Big Data @ Work
Articles, research and reports on HR Analytics, Big Data and related topics
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Rescooped by Tony Brugman (Bright & Company) from Talent Analytics & The Future of Work
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Global Firms Way Behind in HR Analytics

Global Firms Way Behind in HR Analytics | HR Analytics and Big Data @ Work | Scoop.it
The Deloitte Global Human Capital Trends 2014 Report surveyed more than 2,500 business and HR leaders in 94 countries around the world, and the vast majority are not using analytics for talent recruitment or retention.

Via David Green
Tony Brugman (Bright & Company)'s insight:

Sobering, yet interesting findings from the latest Deloitte Human Capital Trends report on the field of HR Analytics. In summary: HR sees Talent and HR Analytics as very important, but is lacking the right analytical capabilities to make it happen.

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Workforce Intelligence Maturity Curve - PwC Saratoga

Workforce Intelligence Maturity Curve - PwC Saratoga | HR Analytics and Big Data @ Work | Scoop.it
Draw insight from your workforce data to improve your company’s return on investment in human capital. Align your company’s measurement program with the objectives of your company strategy and HR programs
Tony Brugman (Bright & Company)'s insight:

Nice maturity model for HR Analytics from the Pwc Saratoga experts.

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Thriving in a Big Data World | MIT Sloan Management Review

Thriving in a Big Data World | MIT Sloan Management Review | HR Analytics and Big Data @ Work | Scoop.it
Three recent books offer expert perspectives on the increasing power and importance of analytics.
Tony Brugman (Bright & Company)'s insight:

From MIT SMR, combined book reviews and analysis on the subject of Big Data and Analytics. Which together, "the combination of description and advice provide a good primer for executives seeking a better understanding of this emerging era of sophisticated number-crunching." 


The author reviewed and analysed the following three books:


* Big Data: A Revolution That Will Transform How We Live, Work, and Think (Viktor Mayer-Schönberger and Kenneth Cukier)

* Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die (Eric Siegel)

* Keeping Up with the Quants: Your Guide to Understanding and Using Analytics (Thomas H. Davenport and Jinho Kim)

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The Science of Managing Black Swans | MIT Sloan Management Review

The Science of Managing Black Swans  | MIT Sloan Management Review | HR Analytics and Big Data @ Work | Scoop.it
New research: By exploiting organizational data, managers can derail some risky blind spots.
Tony Brugman (Bright & Company)'s insight:

Interesting blog article on MIT SMR arguing that organisations should focus more on data-driven risk management. As also counts for fact-based decision making, "organizations should rely less on management experience and intuition and rely more on integrated data to point to potential risks."

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Focus On: Human Resources Analytics

Focus On: Human Resources Analytics | HR Analytics and Big Data @ Work | Scoop.it
Highlights from Data Informed’s coverage of human resources analytics, including technology trends, implementation advice and case studies.
Tony Brugman (Bright & Company)'s insight:

Nice collection of Data Informed articles on the subject of HR Analytics, published in 2012 and 2013.

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Big data, big HR job opportunities? | Personnel Today

Big data, big HR job opportunities? | Personnel Today | HR Analytics and Big Data @ Work | Scoop.it
Over the past year, the term "big data" has gone from something that most people had never heard of to a term that is being applied to almost every facet o
Tony Brugman (Bright & Company)'s insight:

"In 2014 and beyond, data and analytics will have a seismic impact on HR – and where multinational giants lead, smaller organisations will inevitably follow.

 

For example, energy giant Shell recently carried out a pilot project with Knack, a Silicon Valley start-up that uses game-based tools and data analysis to improve talent analysis. It found that it was able to increase its success rate at identifying innovators from about 30% to almost 80%."

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Are You Ready for Analytics 3.0?

Are You Ready for Analytics 3.0? | HR Analytics and Big Data @ Work | Scoop.it
Cutting costs, improving government efficiency, boosting effectiveness and slashing red tape are all possible using a new wave of data analytics. In this post, John Kamensky discusses a new research project that examines “Analytics 3.0” and the benefits it can bring to both the public and private sectors.
Tony Brugman (Bright & Company)'s insight:

Nice analysis and insights on the work of Tom Davenport on Analytics 3.0 (primarily his HBR article: http://hbr.org/2013/12/analytics-30/ar/1).

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Data pioneers watching us work - FT.com

Data pioneers watching us work - FT.com | HR Analytics and Big Data @ Work | Scoop.it
In a back street in San Francisco’s start-up dominated SoMa district, a rapidly growing business is busy studying how millions of employees behave each day. Its computers know in real time why a worker was hired, how productive they are and can even
Tony Brugman (Bright & Company)'s insight:

If you are a privacy doomseeker, this FT might frighten you. More and more companies using or offering services for data analysis (eg. from simple employee performance data points to sensors in name badges and furniture).

 

Advocates say the usage of sensors will improve performance and productity. However, critics warn for the "danger of seeing technology as a silver bullet." "It is easy to paint a creepy scenario about this, but it is also possible to create quite a positive scenario – where people benefit directly.”

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They're Watching You at Work

They're Watching You at Work | HR Analytics and Big Data @ Work | Scoop.it
What happens when Big Data meets human resources? The emerging practice of "people analytics" is already transforming how employers hire, fire, and promote.
Tony Brugman (Bright & Company)'s insight:

Great elaborate story in The Atlantic on Big Data and HR: "The emerging practice of people analytics"

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Why ConAgra Foods Decided to Outsource HR Analytics After Doing It In house | Outsourcing Center

Why ConAgra Foods Decided to Outsource HR Analytics After Doing It In house | Outsourcing Center | HR Analytics and Big Data @ Work | Scoop.it
This is the second article in a series on how companies are using Big Data to gain critical business insights. ConAgra Foods, a food maker based in Omaha,
Tony Brugman (Bright & Company)'s insight:

Nice example of HR Analytics outsourcing in practice!

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The Benefits of Big Data

The Benefits of Big Data | HR Analytics and Big Data @ Work | Scoop.it

"Daunting to acquire and interpret but rich in rewards, ‘big data’ is the latest chapter in workforce analytics."

Tony Brugman (Bright & Company)'s insight:

SHRM Cover Story (October 2013) on the benefits of Big Data for HR: "Big data is not just the buzzword du jour; it is a new reality defined by new sources of data."

 

Good read! Nice examples and insights from Juniper Networks, FedEx and more.

 

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"Analytics could be HR’s last chance to be relevant" - Five key takeaways from HR Tech Europe 2013 | Ochre Talk

"Analytics could be HR’s last chance to be relevant" - Five key takeaways from HR Tech Europe 2013 | Ochre Talk | HR Analytics and Big Data @ Work | Scoop.it

"The HR Tech Europe conference in Amsterdam is already, in only its third year, the largest gathering in Europe of professionals in the HR Technology space. Ochre House was there to feel the market pulse and network with industry thought leaders, as well as potential partners and customers."

Tony Brugman (Bright & Company)'s insight:

David Green from Ochre Talk summarizes the HR Tech Europe conference (autumn 2013) in five key takeaways.

 

In regard to HR Analytics, he sees that "analytics could be HR’s last chance to be relevant." He thinks that "Big Data is perhaps their last opportunity to make an impact" on the organisation and questions "whether HR will seize the opportunity or squander it?"

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Some Job Functions Have to Catch Up with "Big Data"

Some Job Functions Have to Catch Up with "Big Data" | HR Analytics and Big Data @ Work | Scoop.it

"Human Resources and sales are seen as lagging in analytical skills when compared with other organization functions, according to a study sponsored by American Management Association (AMA), a world leader in professional development and performance-based learning solutions."

Tony Brugman (Bright & Company)'s insight:

Interesting figures by AMA and i4CP on the Analytical Ability by Job Function. (From their Conquering Big Data: A Study of Analytical Skills in the Workplace-report)

 

"With a combined 58% rated as advanced or expert, Finance’s analytical strength was rated highest followed by the Executive Team with 51%. Trailing five other functions, HR and Sales had just 27% and 34% rated as advanced or expert in such skills."

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Views from the front lines of the data-analytics revolution | McKinsey & Company

Views from the front lines of the data-analytics revolution | McKinsey & Company | HR Analytics and Big Data @ Work | Scoop.it
At a unique gathering of data-analytics leaders, new solutions began emerging to vexing privacy, talent, organizational, and frontline-adoption challenges. A McKinsey Quarterly article.
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Analytics Trends 2014 (And why some may not materialize)

If you had a crystal ball, could you predict where analytics is headed? We took a look ahead using our experience along with insights from the industry. Here...
Tony Brugman (Bright & Company)'s insight:

Deloitte Trend Watchers give their view on the trends for Analytics in 2014. Amongst them is Tom Davenport. The eight trends according to Deloitte:

 

- The talent crunch that wasn't
- A picture is worth a thousand numbers
- Machine learning finds a big data niche
- Data discovery platforms: The new R&D lab?
- Analytics drives entertainment
- The rise of the Chief Analytics (and Big Data) Officer
- Data products run amok
- Is the data warehouse dead?

 

See also: http://www.deloitte.com/view/en_US/us/Services/additional-services/deloitte-analytics-service/analytics-trends/index.htm

 

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Raising the Bar With Analytics | MIT Sloan Management Review

Raising the Bar With Analytics | MIT Sloan Management Review | HR Analytics and Big Data @ Work | Scoop.it
Managers have an increasing appetite for analytics, according to a new survey.
Tony Brugman (Bright & Company)'s insight:

Latest findings of the joint MIT SMR-SAS research on Analytics.

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(dutch) De kracht van big data door vijf data-pioniers

(dutch) De kracht van big data door vijf data-pioniers | HR Analytics and Big Data @ Work | Scoop.it
De oproep die Roelof Hemmen herhaaldelijk deed op RTL Z bleek succesvol. Donderdag 13 februari kropen 200 big data-professionals terug in de collegebanken van Nyenrode Business University voor een...
Tony Brugman (Bright & Company)'s insight:

Mooi verslag van de RTL Z Masterclass over Big Data, onlangs gehouden op Nyenrode.

 

Keynote spreker was professor Viktor Mayer-Schönberger (auteur van Big Data, A Revolution That Will Transform How We Live, Work and Think) over de correlatie tussen filegevaar en uitverkoop, en de kracht van het hergebruik van big data.

 

Daarnaast komen experts van de grote ICT en consultancybureaus aan het woord van IBM, KPMG, Atos en Oracle over o.a. 'het Netflix-effect' en 'maatschappelijk verantwoorde Big Data'.

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Analytics 3.0: Big Data and Small Data in Big and Small Companies

Analytics 3.0: Big Data and Small Data in Big and Small Companies | HR Analytics and Big Data @ Work | Scoop.it
Dean’s Lecture with Tom Davenport of Babson College, co-founder of the International Institute for Analytics
Tony Brugman (Bright & Company)'s insight:

If you have time, you can watch this informative full lecture (over 1 hour) by Thomas Davenport on Analytics 3.0, given at the Berkeley University of California.

 

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The Difference Between Workforce Analytics & Big Data

The Difference Between Workforce Analytics & Big Data | HR Analytics and Big Data @ Work | Scoop.it
Big data and workforce analytics are often misunderstood. Learn how they're different and important in building workplace strateiges.
Tony Brugman (Bright & Company)'s insight:

While giving an analogy about her pregnancy, the author makes a good point on HR analytics: "HR metrics and formulas are pieces to the puzzle in helping you make the best decisions and find correlations between the analytics and metrics you are using." You have to look at the big(ger) picture in order to make the best decision for your work, team etc.

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Cognitive analytics

Cognitive analytics | HR Analytics and Big Data @ Work | Scoop.it
Cognitive analytics offers a way to bridge the gap between big data and the reality of practical decision making.
Tony Brugman (Bright & Company)'s insight:

Good article by Deloitte on Cognitive Analytics. "In practical terms, cognitive analytics is an extension of cognitive computing, which is made up of three main components: machine learning, natural language processing, and advancements in the enabling infrastructure."


The article describes the history, trends and lessons learned from practice and concludes with some tips on where to start with cognitive analytics as an organisation.

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Big Data's Biggest Challenge? Convincing People NOT to Trust Their Judgment

Big Data's Biggest Challenge? Convincing People NOT to Trust Their Judgment | HR Analytics and Big Data @ Work | Scoop.it
As the amount of data goes up, the importance of human judgment should go down.
Tony Brugman (Bright & Company)'s insight:

Great piece on HBR blog by MIT Sloan' Andrew McAfee on decision-making and analytics!

 

Quote du jour:

"The practical conclusion is that we should turn many of our decisions, predictions, diagnoses, and judgments over to the algorithms. There’s just no controversy any more about whether doing so will give us better results."

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Silos, skills gaps and suspicion may be hampering HR’s potential to join the big data revolution - CIPD

Silos, skills gaps and suspicion may be hampering HR’s potential to join the big data revolution - CIPD | HR Analytics and Big Data @ Work | Scoop.it

"Talent analytics has the potential to propel HR into the future but challenges persist, reveals CIPD research launched at annual conference"

Tony Brugman (Bright & Company)'s insight:

Great new insights from CIPD research. The capacity and engagement for analytics and big data is affected by three key dimensions: Silos, Skills and smarts, and Suspicion and scepticism.


In order to help HR CIPD offers some strategies and solutions for developing a balanced data-driven strategy.

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Rescooped by Tony Brugman (Bright & Company) from Human Capital & Business Trends
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BCG - Creating People Advantage 2013: Lifting HR Practices to the Next Level

BCG - Creating People Advantage 2013: Lifting HR Practices to the Next Level | HR Analytics and Big Data @ Work | Scoop.it

"BCG’s Creating People Advantage 2013 report, published in conjunction with the European Association for People Management, surveys leading executives to identify specific activities, across ten HR topics, that separate high-performing companies from the rest of the pack. For leaders who struggle to convert people management aspirations into clear actions, the results provide a quantitatively derived playbook."

Tony Brugman (Bright & Company)'s insight:

According to BCG, HR Analytics and Predictive Modeling are key to Best-in-Class People Practices!

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Tony Brugman (Bright & Company)'s curator insight, January 21, 7:28 AM

In case you've missed it. In October 2013 BCG published its annual Creating People Advantage report. A must-read.

 

Which top three HR topics are the most urgent priorities for European executives?

 

1. Talent Management and Leadership

2. HR Analytics

3. Engagement, Behavior and Culture Management

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SAPVoice: Why The Chief Human Resource Officer Needs To Be Part Of The C-Suite

SAPVoice: Why The Chief Human Resource Officer Needs To Be Part Of The C-Suite | HR Analytics and Big Data @ Work | Scoop.it

"I talk with hundreds of senior HR executives every year. While they all have their own challenges, they always agree on one thing: being a part of the executive C-Suite allows them to significantly impact company performance."

 

Tony Brugman (Bright & Company)'s insight:

Workforce Analytics is the Key Tool for CHROs to be a part of the executive C-Suite! (according to this SAP message at Forbes)

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Rescooped by Tony Brugman (Bright & Company) from The future of HR
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16 HR Metrics Smart HR Departments Track

16 HR Metrics Smart HR Departments Track | HR Analytics and Big Data @ Work | Scoop.it

Via HR Trend Institute
Tony Brugman (Bright & Company)'s insight:

Great article by Globoforce! Darcy Jacobsen listed 16 HR Metrics that could bring more insight and life to your HR Dashboard. The list consists of Recruitment Metrics, Retention Metrics, Compensation/Benefits Metrics, Culture and Diversity Metrics, Staffing/Performance/Productivity Metrics, Development Metrics, and Health, Safety & Sustainability Metrics. 

 

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