People Analytics - CIPD · 2020-05-18 · People Analytics Key Ingredients To Getting Started…....

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Transcript of People Analytics - CIPD · 2020-05-18 · People Analytics Key Ingredients To Getting Started…....

People Analytics

Key Ingredients To Getting Started….

Marianne Lee, Trend Micro, Head of HR & Analytics

HR or People or Workforce… What’s in A Name?

Positivity Trending

Who’s doing it?

71,000

146,000

37,000

57,000

476,000

650?????

…is the discovery, interpretation and

communication of meaningful

patterns in people-related data

People Analytics….

It’s all about

numbers… I don’t do

numbers otherwise I

would have joined

Finance!!

It’s just a fancy term

for reports.. I do

them everyday!!

How can we do the fancy

stuff when our systems

are broken???!!

What’s Stopping You???

It’s not about

numbers, it’s

about logic &

reasoning

Data is

everywhere…

you don’t

need a

system to

capture it

Reports

organise

information.

Analytics

gives you

insights to

action.

Actionable Business Insights

Conversations & Decisions

Data, Metrics, Patterns

Most important

people questions

Key Ingredients To Getting Started

What Are Your Most Important People Questions?

1. Zoom in to where it’s hot

2. Focus on the value expected (why & what…

not how!)

3. Be Specific

4. Personalise it

Trend Micro Example: Sales Talent Assessment

Value Statement:

VP Sales needs to know where

the strengths & weakness are in

his bench so he fix what is

broken and replicate what is

successful. After investing so

much in new talent, he wants to

build a high performing team.

Acti

on

s

Actions

New Capabilities & Tools Required

VS

Invest In What Is Most Useful

New Capabilities & Tools Required

Data Collection & Combination

Data Exploration

Data Consumption

Storytelling

Data … The More The Merrier!!

Recruitment

Achievement

Compensation

Role/Grade

DemographicEngagement

Surveys

Performance Reviews

1:1s

Travel & Expenses

You’ve probably more

employee related data than

you realised!!

and most of it is probably in Excel!!

Trend Micro Example: Sales Talent Assessment

Recruitment

Achievement

Compensation

Role/Grade

DemographicEngagement

Surveys

Performance Reviews

1:1s

Travel & Expenses

Sales Achievement Data

OTE Data

Job Profile DataPerformance

Grades

Data Exploration Logic & Reasoning

Ask the right questions

Data Exploration

Employee turnover is 13.5% per annum

There is a 4% rise in attrition rate year on year

We have noticed a sharp increase in attrition rates related to specific managers

Data

Metric

Analytics

Trend Micro Example: Sales Talent Assessment

70% of our people are performing as expected

Compared to the last cycle, we are not seeing any major changes in the distribution of performance ratings

We have noticed that our newer hires are outperforming our veterans

Our technical talent has the highest concentration of high potentials

Data

Metric

Analytics

Data Consumption

Data Visualisation

Challenge…..

You will have 3 questions

You have 30 seconds to try it

How Many Numbers Are Above 100? 1

How Many Numbers Are Below 10? 2

Which Quadrant Has The Highest Total? 3

Data Consumption

Data Visualisation

Challenge…..

We’ll answer the same questions again

But with simple visual cues.

See how long it takes.

How Many Numbers Are Above 100? 1

How Many Numbers Are Below 10? 2

Which Quadrant Has The Highest Total? 3

Data Consumption

Picture is worth a

thousand words

Universal language

Makes complex things

simple

Highlights quickly what

is most important

Data Visualisation

Trend Micro Example: Sales Talent Assessment

Role A

Role B

Role C

Role D

Trend Micro Example

Storytelling

Storytelling To Drive Actions

3 Principles

Authenticity

Educate, don’t fabricate

Keep It Simple

Enlighten, don’t overwhelm

Belief

Convince, don’t confuse

So Who Can Help Me?

Focus on building this using internal resources

Go to where it most naturally exists in your

ecosystem today

Leverage external resources for training

internal resources, not delivering analytics

There is no vendor or technology out there that

can do this all for you

Final Thoughts…..Love not War Please!!

IT

Finance

HR

Shadow IT

SaaS/ IaaS/

PaaS

Automation

Software

????

Analytics

Resist or Embrace Zone

Thank You

Questions??