Eddie Short, Aon – Product Demo

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Prepared by Aon Hewitt Talent, Rewards & Performance Presentation to HR Tech World - London Matching Human Capital to Financial Capital People Analytics March 22, 2017

Transcript of Eddie Short, Aon – Product Demo

Page 1: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London

Matching Human Capital to Financial Capital – People AnalyticsMarch 22, 2017

Page 2: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London 2

Our Point of View - Connecting Human Capital With Financial Capital Goes Beyond the Scope of

HR

To drive Next Generation Strategy and Performance - HR (and Business) leaders need to reach

beyond current processes and add a linkage between Behaviors and Environment, to current Market

Opportunity/Risk.

Jobs / Work are being transformed. Activities that are governed by Process, are algorithmic in

nature, and can be readily replaced by current Analytics/Machine Learning capabilities.

Page 3: Eddie Short, Aon – Product Demo

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Presentation to HR Tech World - London 3

Two Categories of People Analytics

Access to basic data

tools and

dashboards

Limited people

data quality

Analytics used to identify &

resolve HR problems e.g.

Attrition, Turnover, L&D

HR & Business leaders

link people analytics with

business analytics for key

business projects /

decisions

Fact based insight available

for all people decisions

Predictive models and machine

learning

Confidence to effect change

Addressing global

people data quality

Connect HR data with

Business data

Invest in technology to

deliver people analytics

Develop HR leader

analytical capability

model

Business Initiatives e.g.

Employee Segmentation

Sales Force Optimization

Compliance & Risk

Training & developing HR

leader capabilities,

so they can design and

leverage people analytics

Human capital aligned to

Financial Capital

Reduced decision risk

Strategic Workforce

Transformation

CHRO partners CEO on Growth

strategy of the business

Bring insights to clients and drive

business performance through

people

HR

View

External

view

X-Functional

View

Analytics to improve HR

Outcomes

People Analytics which

improve Business Outcomes

HR analytics needs to evolve and transcend HR…, and will only become relevant when it takes an “outside in”

approach, … and integrated in existing end-to-end business analytics. Thomas Rasmussen (Shell) / Prof. Dave Ulrich

Laggards Mainstream Leaders Best in Class

Page 4: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London 4

The Aon Approach: We Bring Data, Analytical Horsepower, and Critical Advice on the Questions

that Matter to HR and the Business.

Page 5: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London 5

Aon’s Overall Proposition: Connecting Human Capital with Financial Capital and Risk

Management

Partnership

For Change

Assessment

PEOPLE

Performance

VALUE

VALIDATIONCULTURE

Engagement WHY NOW?

PEOPLE

Fuel

GROWTH

Page 6: Eddie Short, Aon – Product Demo

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Presentation to HR Tech World - London 6

Business Performance Through People – Revenue Growth Example

Business Strategy

Hypothesis

Outcomes & Return

Page 7: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London

People Analytics Products - Demos

Page 8: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London 8

Managing Pay Equity Challenges

Page 9: Eddie Short, Aon – Product Demo

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Presentation to HR Tech World - London 9

Performance and Rewards in Healthcare

Page 10: Eddie Short, Aon – Product Demo

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Presentation to HR Tech World - London 10

Rewards and Performance Modelling

Page 11: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London

How We Do ItBringing Talent, Rewards, Performance and Industry Insight to Life

Page 12: Eddie Short, Aon – Product Demo

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Proof of Value: Summary Project Plan

Key Responsibilities

• Access to HR and Business/Finance stakeholders

in key areas to answer questions & validate results.

• HRLT Exec to Lead (ideally HR COO).

• Key to provide day to day PMO, and Project Board.

• Final Presentation to CHRO and CXO stakeholders

Financial endorsement and buy-in.

12/5 12/12 12/19 1/2 1/9 1/16 1/23 1/30 2/6

Project

Management/

Governance

HR/Business

Engagement

Mortgage:

Sales

Productivity

Equities:

Sales

Business

Case and

Next Steps

Weekly Project review meeting Project Board Every 2-3 weeks

Discovery Solution Design

Kic

k-o

ff

Presentation

Visualise

Kick Off Workshop

(1 day)

Pre

senta

tion

Discovery Solution Design Visualise

Develop Roadmap

Key Business & HR Key InputKey HR

Input

Business Case & Roadmap

Workshop (1 day)

Business Case Next StepsScope long Term Solution

Aon Investment and Responsibilities

• Access and leverage of Client / Benchmark data

that Aon already has through McLagan benchmarks

• Provision of a Project Manager/Consultant, Data

Scientists and Subject Matter Expert Consultants –

Free of Cost. Leadership - Eddie Short MD, People

Analytics.

Setup – Book

Workshops

Page 13: Eddie Short, Aon – Product Demo

Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London

Next StepsBringing Talent, Rewards, Performance and Industry Insight to Life

Page 14: Eddie Short, Aon – Product Demo

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Presentation to HR Tech World - London 14

Contact

Eddie Short

Managing Director, Global Data & Analytics

Talent, Rewards & Performance

People Analytics

+442070865075

[email protected]

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Prepared by Aon HewittTalent, Rewards & Performance

Presentation to HR Tech World - London 15

About Aon Hewitt

Aon Hewitt empowers organizations and individuals to secure a better future through

innovative talent, retirement and health solutions. We advise, design and execute a wide

range of solutions that enable clients to cultivate talent to drive organizational and

personal performance and growth, navigate retirement risk while providing new levels of

financial security, and redefine health solutions for greater choice, affordability and

wellness. Aon Hewitt is the global leader in human resource solutions, with over 35,000

professionals in 90 countries serving more than 20,000 clients worldwide across 100+

solutions. For more information on Aon Hewitt, please visit aonhewitt.com.

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