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...