According to recent study conducted by the MIT Sloan Management Review and IBM Institute for Business Value, “top-performing companies are three times more likely than lower performers to be sophisticated users of analytics, and are two times more likely to say that their analytics use is a competitive differentiator.”
In this webinar, KnowledgeAdvisors CEO Kent Barnett and Jeff Grisenthwaite, vice president of operations, will:
Describe how talent analytics can effectively be used to drive measurable improvement in your crucial human capital investments.
Present strategies for using talent analytics to identify critical, actionable business insights for programs such as on-boarding, learning, leadership, capabilities development and performance
Preview the new Metrics that Matter Talent Analytics Suite, slated for release in June.
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.
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2. 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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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.”
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4. Polling
Polling question will
appear in the “Polling”
panel.
Select your response
and click on “Submit.”
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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.
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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
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
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%
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
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www.talentmgt.com/webinars
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