by Solange Charas PhD | Dec 1, 2018 | Featured, Insights
In late 2016, while I was doing a project for a client heavily dependent on analytics, he asked me if it were possible to just “load me into a software product so they could access my knowledge any time.” Something lit up inside me, I imagined a digital, cloud-based...
by HC Moneyball | Sep 4, 2019 | Insights
Evaluating the impact of Human Capital spend as it impacts bottom-line performace and complying with SEC reporting requirements
by Solange Charas PhD | Aug 6, 2019 | Insights
Part 2 in a series describing how measuring a company’s spend on people (from salaries and benefits to training, recruitment, bonuses, and more) can support decision making that is focused on bottom-line profitability from ROI to EBITDA.
This post discusses Training and Development as an example and emphasizes that while CHROs can powerfully determine which programs and people are achieving the KPIs and goals set, CFOs can begin to identify opportunities to better align cost/benefit for the organization and optimize dollars invested and resulting return in the training process; promoting an authentic and synergistic partnership between Finance and HR...
by Solange Charas PhD | Jul 31, 2019 | Insights
By understanding how SCM logic can be applied to HR programs, CFOs can identify areas to improve efficiencies and financial performance. In recent years, CFOs have been asked to take on increasing responsibility for improving financial efficiencies in the organization.
Given that people costs are often a company’s single largest line item expense, realizing small improvements in efficiencies of HR processes can drive large accretive impact to the bottom line.
By applying SCM rigor, combined with data analytics techniques, the nature and quality of data can help to inform activities and decision-making.
by Joseph Olewitz | Jul 23, 2019 | Insights
People Analytics is all about measuring individuals and groups against standards and KPIs established by HR. Human Capital Analytics is all about shining a spotlight on any impact that can be measured where any cash spent on people in the organization has impacted bottom-line financial performance. They do not compete, and both are necessary.
by Solange Charas PhD | Jul 16, 2019 | Insights
There are fundamental shifts taking place in Human Resources management. It’s no surprise that technology-enabled analytics has permeated every area of the business process. Using sophisticated techniques, operating, marketing, sales and financial professionals have...
by Solange Charas PhD | Feb 26, 2019 | Insights
The Role of the CFO If you’re a CFO, you know that your primary responsibility is to optimize the financial performance of a company: your three primary accountabilities being financial planning, management of financial risks, and financial reporting. In addition to...
by Solange Charas PhD | Feb 5, 2019 | Insights
Why should we care about measuring Human Capital ROI? It’s been a long time since the people function was referred to as “Personnel.” Today Human Resources professionals everywhere are using more sophisticated programs and techniques, and large companies are slowly...
by Solange Charas PhD | Jan 29, 2019 | Insights
A company is only as good as its people and human capital expenditure is a significant factor for many organizations. Although it is commonly agreed that establishing a talented and committed workforce is essential for success, the cost of labor is often viewed as a...
by Solange Charas PhD | Jan 22, 2019 | Insights
A Top Senior-Executive Priority for 2019 According to a recent article published by Forbes, one of the top three priorities identified by CEOs is organizational change. The article highlights that: “Today’s organizations must adapt to a fast-paced business...
by Solange Charas PhD | Jan 15, 2019 | Insights
In the prior posts in this series on Human Capital Analytics we discussed how descriptive analytics, diagnostic analytics and predictive analytics can be used to inform decision-making. Descriptive analytics is the most basic of techniques and can still provide...
