Shyft: How to Create an HR Analytics Strategy
The prevalence of data has grown significantly in our personal lives and in the corporate world. Many companies are proactively finding ways to utilize and capitalize on data to drive and improve decision-making, gain competitive advantage, and provide greater value in the marketplace. Why does the average HR department still underutilize data analysis and analytics? Analytical ability is one of the critical skills that HR professionals must have to effectively support their organizations, yet many lack this skill set, significantly reducing their impact and overall effectiveness. Organizations possess tremendous amounts of people-related data that, if analyzed correctly, can add tangible value to the development of HR strategies for better managing our most valuable assets: employees.
Learning Objectives:
- Understand what HR data analytics is and distinguish its three primary categories.
- Review the role of analytics in the HR competency model and its importance to HR strategy development.
- Apply a structured process for initiating an HR data analytics framework, including consideration of HR key performance indicators (KPIs).
- Identify and discuss the relevant drivers that have an impact on HR KPIs.
- Address the common mistakes made during an analytics initiative.
- Link HR analytics to their influence on strategic business outcomes.
Wellington O’Neil Hepburn
Wellington O. Hepburn is a Senior Human Resources Leader with 24 years of business experience. Mr. Hepburn is the President of Wellington Hepburn International (WHI), which is an international talent management advisory company focused on training and development, talent acquisition, employee development, organizational development, leadership development, succession planning and career pathing. WHI has provided talent management solutions in numerous countries worldwide, some of which include The US, Canada, The Bahamas, Malaysia, Spain, Africa, Turks and Caicos, Europe, The British Virgin Islands and Jamaica.
Mr. Hepburn has earned over twenty awards for his leadership, communication and Human Resources expertise. Wellington is also a Past President of The Bahamas Society for Human Resources Management, a Distinguished Toastmaster (DTM) and a two-time book author.
Wellington is married to his beautiful wife Rose, and they have three children: Sienna, Myles and Caleb.