You have already decided that HR Analytics are critical to your organization. However, you are likely facing the daunting task of explaining to your organization why they should follow your lead. Often, an outside perspective goes a long way towards helping you make the case. The following 12 quotes and facts come from a variety of well-respected sources and can be used to start critical conversations and reinforce key points in your initiatives.
3. You are reading this because you have already decided that HR Analytics are
critical to your organization. However, you are likely facing the daunting task of
explaining to your organization why they should follow your lead. Often, an outside
perspective goes a long way towards helping you make the case. The following 12
quotes and facts come from a variety of well-respected sources and can be used
to start critical conversations and reinforce key points in your initiatives.
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4. “The real catalysts for meaningful workforce analytics are
generally not day-to-day operations, nor IT cost savings,
nor academic/theoretical requirements. Rather, they are
often the significant disruptions that occur to businesses,
but not on a schedule.”
Source: Deloitte
Workforce Analytics and Visualization: Practical Approaches, Tools, and Tips
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5. “Without the appropriate level of analysis and tools, there
can be a continuing wake of destructive activity as
organizations move from one extreme in over-hiring to the
other of recurring layoffs and reductions...”
Source: Human Capital Management Institute
Managing an Organization's Biggest Cost: The Workforce
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6. HR has not yet reached the level where it can
consistently and quantitatively demonstrate linkage
to value creation, causing many CEOs and CFOs to
view HR skeptically as simply a necessary expense.
Source: SHRM - Human Capital Analytics and Metrics
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7. Executives who said HR capabilities
are adequate but need to improve.
Source: Deloitte
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8. Most HR leaders have bought in to HR analytics.
The question is how to allow its use to thrive
throughout the organization.
Source: Cornell University CAHR
The State of HR Analytics
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9. Many leading companies are slowly evolving their
practice of HR Analytics, using data to model and
predict capabilities.
Source: Cornell University CAHR
The State of HR Analytics
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10. Only 1 out of 5 business leaders strongly
agree that they trust the reliability and
accuracy of their organizational data.
Source: Cornell University CAHR
The State of HR Analytics
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11. Even basic headcount reporting practices can be widely
inaccurate.
Source: HCMI via CFO magazine
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12. Business leaders who feel they
have the support of their senior
leaders for HR Analytics projects
and initiatives.
Source: Cornell University CAHR
The State of HR Analytics
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13. Business leaders who feel they have
a strong team of analytical talent that
can execute HR Analytics projects.
Source: Cornell University CAHR
The State of HR Analytics
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15. HR Reporting and Analytics are part of a journey; you
don’t get from “basics” to “sophisticated” in a single step.
Source: Deloitte
Workforce Analytics and Visualization: Practical
Approaches, Tools, and Tips
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