Lecture 8 Flashcards
3 Big Data Detention, but Banana example
Volume -
Velocity
Variety
What is HR analytics
Evidence-based management
4 Analytical literacy entails mindset of
note: starts with a strategic, focus question
- business logic drives measurement
- Causal relationships
- New modes of analysis
- Communication skills
6 Better Analytics Steps
- Ask the right question
- Build a theory of business
- Collect evidence
- Analyse
- Visualize and tell story
- Implement and Evaluate
2 Ask the right question, has to be
focused and strategic
Ask the right question, PICOC
Population Intervention Comparison Outcome Context
Levels of Analytics of data
- Descriptive
- Predictive
- Prescriptive - rarest, complex data
Googles gathered feedback showed
Communication is key, focus on employees
2 ways to get advanced analytics
- Round-robin style questions
2. Sociometrics
Predictors of team productivity
- Energy - # of exchanges
- Engagement - distribution of energy
- Exploration - communicating outside the team
Machine Learning good if
- Regular low creative
- 100 people same answer to Q
- Success can be defined
- Risk of wrong is low
Adding value through People Analytics
- Analytics = question driven
- Collaboration is key
- Quality > Quantity
(Article) Article based around
Human Capital Analytics
Companies think it’s important
but companies don’t have as capability
(Article) 3 Micro-level categories
Individuals, Processes, Structure
(Article) Three dimensions for effective and successful adoption of HCA in organizations
Data Quality, Analytical Competencies, Strategic Ability
