Explore our HR Analytics Process - a systematic approach to streamlining HR data, applying analytical models, implementing insights, and adjusting strategies.
1
Define HR Analytics goals
2
Identify key performance indicators
3
Collect relevant HR data
4
Cleanse and validate the HR data
5
Approval: Data Verification
6
Compile the HR data
7
Identify the appropriate HR analytical model
8
Apply the analytical model to the HR data
9
Analyze the results of HR Analytics
10
Approval: Analytics Result Check
11
Define actionable insights based on the analytics
12
Present the analytics findings to relevant stakeholders
13
Approval: Stakeholder Agreement
14
Implement changes based on the analytics insights
15
Monitor the effect of implemented changes
16
Adjust strategies based on the analysis
Define HR Analytics goals
In this task, you will define the goals of the HR Analytics process. By setting clear goals, you will be able to focus on specific areas and measure the success of your analytics efforts. Consider the key objectives you want to achieve and how they align with the overall organizational strategy. What impact do you hope to see? What challenges might arise and how can they be addressed? Use the form field below to capture the HR analytics goals.
Identify key performance indicators
In this task, you will identify the key performance indicators (KPIs) that will be used to measure the success of the HR Analytics process. KPIs should be aligned with the HR analytics goals defined in the previous task. Consider the specific metrics that will provide insights into the effectiveness of HR initiatives. What data points are important to track? What KPIs will help you make data-driven decisions? Capture the identified KPIs in the form field below.
Collect relevant HR data
In this task, you will collect the relevant HR data needed for the analytics process. Identify the data sources and the specific types of data that are required to answer your HR analytics questions. Consider data from various HR systems, surveys, performance reviews, etc. How will you collect and consolidate the data? Are there any challenges in accessing or gathering the data? Use the form field below to document the relevant HR data sources and types.
Cleanse and validate the HR data
In this task, you will cleanse and validate the HR data to ensure its accuracy and reliability for analysis. Cleanse the data by removing any duplicates, errors, or inconsistencies. Validate the data by checking for completeness and ensuring it aligns with the defined data quality standards. How will you ensure the data is clean and reliable? Are there any tools or techniques you will use? Capture any challenges or potential issues in the form field below.
Approval: Data Verification
Will be submitted for approval:
Cleanse and validate the HR data
Will be submitted
Compile the HR data
In this task, you will compile the cleansed and validated HR data into a centralized dataset for analysis. Once the data is clean, gather it from the various sources and organize it in a structured format. Consider the format that will be most suitable for analysis. How will you compile and structure the data? Are there any challenges in consolidating the data? Use the form field below to document the data compilation process.
Identify the appropriate HR analytical model
In this task, you will identify the appropriate HR analytical model to apply to the compiled HR data. Consider the specific analytical techniques or models that are suitable for answering your HR analytics questions. Will you use statistical analysis, predictive modeling, or machine learning algorithms? What expertise or resources are needed to apply the chosen model? Use the form field below to document the selected HR analytical model.
Apply the analytical model to the HR data
In this task, you will apply the selected analytical model to the compiled HR data. Use the chosen techniques or algorithms to analyze the data and generate insights. Ensure that the data is properly formatted and compatible with the analytical tools or software you are using. How will you apply the analytical model to the HR data? Are there any challenges or considerations in the analysis process? Use the form field below to document the analysis approach.
Analyze the results of HR Analytics
Interpret and analyze the insights obtained from the HR Analytics process. Identify significant findings, trends, or areas of improvement. How can data analysis contribute to informed decision-making and optimizing HR strategies?
Approval: Analytics Result Check
Will be submitted for approval:
Apply the analytical model to the HR data
Will be submitted
Define actionable insights based on the analytics
Extract actionable insights and recommendations from the analyzed HR data. Identify strategies or interventions that can address the identified areas for improvement. How can the derived insights guide HR initiatives and decision-making processes?
Present the analytics findings to relevant stakeholders
Communicate the HR analytics findings to key stakeholders, such as HR managers, executives, or department heads. Provide clear and concise presentations or reports that highlight the key findings and their implications. How can effective communication of the analytics findings drive organizational improvement?
Approval: Stakeholder Agreement
Will be submitted for approval:
Present the analytics findings to relevant stakeholders
Will be submitted
Implement changes based on the analytics insights
Take actions and implement changes based on the derived insights and recommendations. Collaborate with relevant teams or departments to execute the necessary interventions. How can the implementation of analytics-driven changes positively impact HR performance?
Monitor the effect of implemented changes
Continuously assess and track the impact of the implemented changes on HR performance. Monitor the key metrics and indicators to evaluate the effectiveness of the interventions. What methods or tools can be used for monitoring the changes?
Adjust strategies based on the analysis
Analyze the ongoing results and make adjustments to HR strategies or interventions as needed. Evaluate the effectiveness of the changes and identify further areas for improvement. How can ongoing analysis and adjustment contribute to HR optimization?