Building for the future

Building for the future

Why predictive analytics matter now

Goals for today

Growth and establishment of

the people analytics field

Best practices for building

a people analytics function

Importance of a future vision

both for our field and our functions

How can predictive analytics can help us

establish a vision and roadmap for the future

People analytics is growing quickly

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5119

Companies have

employees focused on

people analytics

43

%

of the Fortune 1000

55

%

of all people analytics

functions have been

started within the last 5

The field is growing, but

we are still building it

Reporting

Self-service Reporting

Interactive Dashboards

Centralized Portals

Ad Hoc Reporting

Business

Operations

Performance

Management

Program Evaluation

Strategy Development

Planning

Analytics

Forecasting

Predictive Modeling

A/B Testing

Machine Learning

Survey Design

What does the end product look like?

Technology

Data Warehouse

System Integration

HRIS Architecture

Business Intelligence

Measurement

Data Definitions

Data Integrity

Data Governance

Data Collection

Roadmap

Adoption

Trust

Partnership

Insight

Feedback

Action

If we don’t communicate a vision or a purpose,

our clients will do that for us

If we don’t know what we’re building to,

we may get lost along the way

If we don’t set best practices,

we will lose opportunities to learn from each other

What are we building?

Be mindful of future needs while building capability

Reducing the time required to build capability will maximize impact

V

alue to

De

cis

ion

-Maki

ng

Time

Infrastructure

Building

Operational

Reporting

Advanced

Analytics

Predictive

Analytics

System Implementation

Data Scrubbing

Manual Reporting

Capacity Building

Relationship Building

Early Days

Self-service Reporting

Advanced Analytics

Predictive Analytics

Data-Driven Strategy

Evidence-Based HR

Future

The decisions made in early stages of analytics maturity

greatly impact the future state of the function

Be mindful that there are multiple channels of maturity

Analytics

Client Adoption

Measurement

Technology

Predictive Analytics

Data Drives Strategy

Rich Portfolio of

Predictors and

Outcomes

Machine Learning

Algorithms

Advanced Analytics

Asks Basic

Strategic Questions

Connecting Survey

Feedback to Outcomes

(Predictors)

Advanced Statistical

Software

Advanced Reporting

Answers Questions

with Self-service

Reports

Basic Survey Feedback

Benchmarks

Data Warehouse

BI Tools

Operational Reporting

Requests Basic

Reports

Basic Transactions

(Outcomes Only)

Spreadsheets

Siloed HR Systems

Why are predictive analytics so important?

Predictive analytics should be the key driver of your roadmap and vision

Predictive analytics are the most advanced

service a people analytics team can provide

Provides the deepest level of insight and

helps you answer the most strategic questions

Helps you describe the future state and mission of your

team to your clients who may be new to people analytics

Gives you clarity on what type of analytics function you are

building and how to prioritize your efforts

What happens if we delay predictive analytics?

Delaying predictive analytics reduces your impact

Delays understanding of root cause of crucial

employee and organizational outcomes

Delays your ability to

measure the business impact of HR

Limits the insight and storytelling you are

able to provide to your clients

Expanding measurement during foundational stages

ensures we have the right data when we need it

Use your vision for the

future to build a

If clients understand what we are building towards,

they will be better at leveraging and appreciating our services

Use your vision for the

future to help clients

understand People

Analytics

Your vision for the future will help you prioritize your activities and

help you avoid getting lost in “ad hoc” purgatory

Use your vision for the

future to prioritize your

As your Talent Analytics function becomes more developed,

HR should become a strategic partner to the business

Use your vision for the

future to align your HR

Your vision for the future will help communicate the type of

services you should be providing, and prevent your clients from

making assumptions about what those services should be

Use your vision for the

future to build your