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Speakers: Kent Barnett
Founder, Chairman, and CEO
KnowledgeAdvisors
Jeff Grisenthwaite
Vice President of Operations
KnowledgeAdvisors
Moderator: Deanna Hartley
Senior Editor
Talent Management magazine
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Deanna Hartley
Senior Editor
Talent Management magazine
Introductions
Kent Barnett
KnowledgeAdvisors
Founder & CEO
Jeff Grisenthwaite
KnowledgeAdvisors
VP, Operations
Agenda
1. Vision for Talent
Analytics
2. Realizing
the Vision
3. Talent Analytics
in Practice
WHAT IS TALENT ANALYTICS?
How Do We . . .
Improve Quality of Hire
Improve Speed to Performance
Build Leadership Capability
Improve Bench Strength
Improve Employee Engagement
Align Effort to Business Outcomes
Why is Talent Analytics Important?
Company Perspective
Department Perspective
Personal
Perspective
Vision for Talent Analytics
Vision for HR
Traditional HR
 Outsourced
 Automated
 Overhead
Data-driven
Talent Management
 Strategic
 Unique to Company
 Competitive Advantage
Vision for Executives
Talent
Investments
Business
Objectives
Vision for Managers
Action AlertsDecision Support
Optimized
Teams
Vision for Employees
Great job fit
Engaged with new
challenges
Helpful performance
feedback
Continual growth
Clear career path
Analytics Embedded into Process
Business
Strategy
Workforce
plan
Recruit
for gaps?
Yes
No
B
A
Recruiting
B
L&D
C
Talent
D
Leadership
E
Engagement
F
Performance
Source
talent
Job Offer
Accept?
Yes
No
Survey
non-hires
Competency/
Leadership
review
Needs
Assessment?
No
Yes
Design,
Develop,
Implement
Evaluate
programs
Impact &
Value?
No
Yes
Continual
review of
business
needs
Review
scrap
learning
factors
Review
workforce
plan
Build
competency
model
Multi-rater
assessment
Report out
gaps/
strengths
A B F
Create
succession
plans
Trained
Leaders?
Yes
No
Collaborate
w/ L&D for
programs
Engagement
Survey
Engaged
Workers?
Yes
Validate
Performance
Gains
No
Implement
Engagement
programs
Establish
Performance
goals
Performance
Appraisal
Exceed
Goals?
No
Yes
Train for
gaps Consider as
High
Potential
D
Performance
Plan
(PIP)
Improved?
No
Employee
turnover
Yes
Exit
Interview
Applicant
Assessment
Identify
High
Potentials
Built on Industry Standards
centerfortalentreporting.org
Barriers
to Advancing
Talent Analytics
 No time
 Too complex
 Siloed data
 Disparate systems
Introducing…
TALENT
ANALYTICS
SUITE
Talent Analytics SUITE
Onboarding
EDITION
Learning
EDITION
Leadership
EDITION
Engagement
EDITION
Capabilities
EDITION
Performance
EDITION
 1st Year Retention
 Speed to
Performance
 Expertise & Skills
 Workforce
Performance
 Manager Capability
 Strategic Vision &
Execution
 Bench Strength
 Talent for Future
Success
 Retention of Talent
 Workforce
Productivity
 Goal Achievement
 Organizational
Alignment
Surveys
Business Metrics
 Employees
 Events
360s
 Competencies
 Projects
Tests
 Assessment
 Certification
Integration
Talent Systems
Automate
data collection
Data Collection
Analytics
CRM TMS Finance
ERP HRIS Accounting
LMS HRIS TMS
 Role-Based Reporting
 Filtering & Automation
 Dashboards
 Executive Summaries
Automated Analytics
Talent Analytics Dashboard Example
CEO CFO COO
VP, Sales SVP, TM CLO
HR Generalist Leadership Mgr. Instructor
Onboarding Analytics Example
Profile:
Large Insurance Company
Over 25% Turnover within 1st 90 Days
Key Metrics:
 Onboarding Effectiveness
 Quality of Hire
 New Hire Satisfaction
Solution:
 Automated 30, 60, 90-day
new hire touchpoints
 Targeted reporting to managers
& program owners
 Identified “flight risks” for
early intervention
Results:
 93% of “flight risks”
retained
 73% reduction in
measurement costs
Learning Analytics Example
Profile:
Large Business Services Company
Multi-Million $ Annual L&D Investment
Key Metrics:
 Program Effectiveness
 L&D Operation Efficiency
 Linkage to Business Outcomes
Solution:
 Automated post-class &
on-the-job evaluations
 Monthly imports of business
metrics
 Operational & executive
reporting
Results:
 Strengthened partnership
with business
 High ranking on Training
Top 125
Leadership Analytics Example
Profile:
Large Technology Company
1000s of new leaders to develop
Key Metrics:
 Bench Strength
 Leadership Effectiveness
 Business Outcomes
Solution:
 Semi-Annual 360s of Emerging
& New Leaders
 Leadership Program Evaluation
 Leadership-to-
Business Outcomes Correlation
Results:
 Significant Leadership
Effectiveness increase
 Business Outcomes linked
to leadership development
Results:
 Increased
performance for 70%
of sales force
 Increased retention
by 8%
Capabilities Analytics Example
Profile:
Large Biotech Company
Improve sales competencies
Key Metrics:
 Certifications
 Quota Attainment
 Sales Employee Retention
Solution:
 Annual sales competency
assessments: 180s & 360s
 Global, 15+ languages
 Correlated competency gains to
business outcomes
Engagement Analytics Example
Profile:
U.S. Government Department
High turnover, little insight into drivers
Key Metrics:
 Employee Engagement
 Employee Retention
 High Performer Retention
Solution:
 Automated Exit Interview
surveys
 Filtered & ranked by 15
employee demographics
 Monthly management reporting
Results:
 Identified and
addressed key drivers
 Increased retention
by 5.6%
Advancing Analytics MaturityEffectiveness
Time
1
2
3
4
5
Enterprise
decisions
Talent
decisions
Team
decisions
Individual
decisions
Strategic integration
in business process
Comprehensive approach
Consistent, basic approach
Ad-hoc, inconsistent methods
Leadership
Roles
Skills
ProcessesTechnology
Action
Sustainable
Talent Analytics
Get Started
Start measuring 1 area well
Build your analytics skills
Select an expert partner
Establish a measurement strategy
Make it happen with technology
Thank You
Kent Barnett
Founder & CEO
+1 312.676.4410
kbarnett@knowledgeadvisors.com
Jeff Grisenthwaite
VP, Operations
+1 312.676.4450
jeffg@knowledgeadvisors.com
knowledgeadvisors.com
Contact us to:
 Receive whitepaper
 Talk to an expert
 View a demo
Join Our Next TM Webinar
Recruiting for Service Excellence – How to Avoid
Undermining Your Workplace
Culture of Service
Tuesday, June 4, 2013
TM Webinars start at 2 p.m. Eastern / 11 a.m. Pacific
Register for upcoming TM Webinars at
www.talentmgt.com/webinars
Join the Talent Management magazine Network
http://network.talentmgt.com/
#TMwebinar

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Talent Analytics: Building Actionable Business Intelligence Across the Employee Lifecycle

  • 1. You can listen to today’s webinar using your computer’s speakers or you may dial into the teleconference. If you would like to join the teleconference, please dial 1.650.479.3208 and enter access code: 922 171 184 #. You will be on hold until the seminar begins. #TMwebinar
  • 2. Speakers: Kent Barnett Founder, Chairman, and CEO KnowledgeAdvisors Jeff Grisenthwaite Vice President of Operations KnowledgeAdvisors Moderator: Deanna Hartley Senior Editor Talent Management magazine #TMwebinar
  • 3. • Q&A – Click on the Q&A icon on your floating toolbar on the top of your screen. – Type in your question in the space at the bottom. – Click on “Send.” #TMwebinar
  • 4.  Polling  Polling question will appear in the “Polling” panel.  Select your response and click on “Submit.” #TMwebinar
  • 5. 1. Will I receive a copy of the slides after the webinar? YES 2. Will I receive a copy of the webinar recording? YES Please allow up to 2 business days to receive these materials. #TMwebinar
  • 7. Introductions Kent Barnett KnowledgeAdvisors Founder & CEO Jeff Grisenthwaite KnowledgeAdvisors VP, Operations
  • 8. Agenda 1. Vision for Talent Analytics 2. Realizing the Vision 3. Talent Analytics in Practice
  • 9. WHAT IS TALENT ANALYTICS?
  • 10.
  • 11. How Do We . . . Improve Quality of Hire Improve Speed to Performance Build Leadership Capability Improve Bench Strength Improve Employee Engagement Align Effort to Business Outcomes
  • 12. Why is Talent Analytics Important? Company Perspective Department Perspective Personal Perspective
  • 13. Vision for Talent Analytics
  • 14. Vision for HR Traditional HR  Outsourced  Automated  Overhead Data-driven Talent Management  Strategic  Unique to Company  Competitive Advantage
  • 16. Vision for Managers Action AlertsDecision Support Optimized Teams
  • 17. Vision for Employees Great job fit Engaged with new challenges Helpful performance feedback Continual growth Clear career path
  • 18. Analytics Embedded into Process Business Strategy Workforce plan Recruit for gaps? Yes No B A Recruiting B L&D C Talent D Leadership E Engagement F Performance Source talent Job Offer Accept? Yes No Survey non-hires Competency/ Leadership review Needs Assessment? No Yes Design, Develop, Implement Evaluate programs Impact & Value? No Yes Continual review of business needs Review scrap learning factors Review workforce plan Build competency model Multi-rater assessment Report out gaps/ strengths A B F Create succession plans Trained Leaders? Yes No Collaborate w/ L&D for programs Engagement Survey Engaged Workers? Yes Validate Performance Gains No Implement Engagement programs Establish Performance goals Performance Appraisal Exceed Goals? No Yes Train for gaps Consider as High Potential D Performance Plan (PIP) Improved? No Employee turnover Yes Exit Interview Applicant Assessment Identify High Potentials
  • 19. Built on Industry Standards centerfortalentreporting.org
  • 20. Barriers to Advancing Talent Analytics  No time  Too complex  Siloed data  Disparate systems
  • 21.
  • 23. Talent Analytics SUITE Onboarding EDITION Learning EDITION Leadership EDITION Engagement EDITION Capabilities EDITION Performance EDITION  1st Year Retention  Speed to Performance  Expertise & Skills  Workforce Performance  Manager Capability  Strategic Vision & Execution  Bench Strength  Talent for Future Success  Retention of Talent  Workforce Productivity  Goal Achievement  Organizational Alignment
  • 24. Surveys Business Metrics  Employees  Events 360s  Competencies  Projects Tests  Assessment  Certification Integration Talent Systems Automate data collection Data Collection Analytics CRM TMS Finance ERP HRIS Accounting LMS HRIS TMS  Role-Based Reporting  Filtering & Automation  Dashboards  Executive Summaries Automated Analytics
  • 26. CEO CFO COO VP, Sales SVP, TM CLO HR Generalist Leadership Mgr. Instructor
  • 27. Onboarding Analytics Example Profile: Large Insurance Company Over 25% Turnover within 1st 90 Days Key Metrics:  Onboarding Effectiveness  Quality of Hire  New Hire Satisfaction Solution:  Automated 30, 60, 90-day new hire touchpoints  Targeted reporting to managers & program owners  Identified “flight risks” for early intervention Results:  93% of “flight risks” retained  73% reduction in measurement costs
  • 28. Learning Analytics Example Profile: Large Business Services Company Multi-Million $ Annual L&D Investment Key Metrics:  Program Effectiveness  L&D Operation Efficiency  Linkage to Business Outcomes Solution:  Automated post-class & on-the-job evaluations  Monthly imports of business metrics  Operational & executive reporting Results:  Strengthened partnership with business  High ranking on Training Top 125
  • 29. Leadership Analytics Example Profile: Large Technology Company 1000s of new leaders to develop Key Metrics:  Bench Strength  Leadership Effectiveness  Business Outcomes Solution:  Semi-Annual 360s of Emerging & New Leaders  Leadership Program Evaluation  Leadership-to- Business Outcomes Correlation Results:  Significant Leadership Effectiveness increase  Business Outcomes linked to leadership development
  • 30. Results:  Increased performance for 70% of sales force  Increased retention by 8% Capabilities Analytics Example Profile: Large Biotech Company Improve sales competencies Key Metrics:  Certifications  Quota Attainment  Sales Employee Retention Solution:  Annual sales competency assessments: 180s & 360s  Global, 15+ languages  Correlated competency gains to business outcomes
  • 31. Engagement Analytics Example Profile: U.S. Government Department High turnover, little insight into drivers Key Metrics:  Employee Engagement  Employee Retention  High Performer Retention Solution:  Automated Exit Interview surveys  Filtered & ranked by 15 employee demographics  Monthly management reporting Results:  Identified and addressed key drivers  Increased retention by 5.6%
  • 32. Advancing Analytics MaturityEffectiveness Time 1 2 3 4 5 Enterprise decisions Talent decisions Team decisions Individual decisions Strategic integration in business process Comprehensive approach Consistent, basic approach Ad-hoc, inconsistent methods
  • 34. Get Started Start measuring 1 area well Build your analytics skills Select an expert partner Establish a measurement strategy Make it happen with technology
  • 35.
  • 36. Thank You Kent Barnett Founder & CEO +1 312.676.4410 kbarnett@knowledgeadvisors.com Jeff Grisenthwaite VP, Operations +1 312.676.4450 jeffg@knowledgeadvisors.com knowledgeadvisors.com Contact us to:  Receive whitepaper  Talk to an expert  View a demo
  • 37. Join Our Next TM Webinar Recruiting for Service Excellence – How to Avoid Undermining Your Workplace Culture of Service Tuesday, June 4, 2013 TM Webinars start at 2 p.m. Eastern / 11 a.m. Pacific Register for upcoming TM Webinars at www.talentmgt.com/webinars Join the Talent Management magazine Network http://network.talentmgt.com/ #TMwebinar