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...
The Profound Relationship between Human Capital Expenditures and Financial Outcomes
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...
The Impact of Human Capital Data on Executive Decision-Making
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...
Human Capital and Predictive Analytics – Part 4: Prescriptive Analytics
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...
Human Capital and Analytics: Part 3 – Predictive Analytics
In my prior posts in this series, I discussed how descriptive analytics and diagnostic analytics can be used to inform Human Capital decision-making. Descriptive analytics is the most basic of techniques and can still provide vital information for...
Human Capital and Analytics: Part 2 – Diagnostic Analytics
The 1st article in this series discussed descriptive analytics and how it describes “What happened?” In this post, I will address diagnostic analytics which answers the question: “Why did it happen?” Now you can begin to explore the relationship between...
Human Capital and Analytics: Part 1 – Descriptive Analytics
They said it can’t be done…. They said it won’t be relevant…. They said you can’t reduce a workforce comprised of individuals with their own unique perspectives, work habits, management styles, impact into a few financial ratios explaining the impact of people...
The Origins of HCMoneyball
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...