People Analytics is a data-driven approach to managing people at work. With people Analytics, organizations can find better applicants, make smarter hiring decisions, and increase employee performance and retention. Sometimes referred to as HR analytics, workforce analytics, or talent analytics, it enables better and data-driven decision-making and turns people data into a competitive advantage for the organization.
Most organizations spend money on people and organizational initiatives without necessarily measuring or targeting the spends. Using People Analytics in a scientific manner, organizations and HR leaders can measure the impact of these investments on various stakeholders including customers, employees, and shareholders, among others. People Analytics can also enable decision makers to directly correlate diverse initiatives across the organization with actual results and business outcomes.
The Course on People Analytics will help you hire great talent and retain them too. You will also learn how to use data and analysis in areas like performance evaluation, leadership, career progression, job design, compensation, and collaboration. Among other things you will learn how to use hard data to make managerial decisions revolving around people and people strategy.
The Course will also enable you to understand how to build and modify different HR metrics relevant for your organization. You will be able to predict people related decisions based on existing data or newly developed proprietary metrics. This course will help you review key talent, leadership, organization, and HR initiatives that business and HR leaders might pursue to deliver stakeholder results. Participants will be able to focus on initiatives that deliver results.
Through this Course, you will gain an understanding of ‘Decision Framework’ and its application. You will be able to zero in on problems and opportunities. Further, you will learn how to identify key decision Items. You will be provided with a template structured around the ‘Decision Framework’ and you will be introduced to Power BI, one of the most popular Analytics tool in the world, from Microsoft. All of this, among other carefully thought-through course aspects will empower you to be self-sufficient in Business Analysis & provide a solid foundation in getting started on the People Analytics journey – with easily available and ‘free to use’ tools!
This Course has been designed based on extensive discussions with Industry partners and subject matter experts from Business and Academia, across the globe.