More details: Visit websiteHeadlines:
• "Accenture Analytics Helps Clients Achieve 20% Revenue Growth" (CNBC)
• "Using Data Analytics to Boost Employee Engagement" (Forbes)
• "PepsiCo's Data-Driven Approach Leads to 15% Sales Increase" (AdAge)
• "AI-Powered Analytics Platforms Rise to Challenge" (ZDNet)
• "Predictive Analytics Helps Airlines Reduce Flight Delays" ( Bloomberg)
• "How Analytics is Changing the Face of HR Management" (HR Dive)
• "Data Analytics Drives 30% Increase in Customer Conversions" (MarketingProfs)
• "Analytics and AI Help Companies Make Data-Driven Decisions Faster" (Harvard Business Review)
• "Rich Relevance's AI Analytics Platform Boosts Personalization Efforts" (Retail TouchPoints)
• "Using Analytics to Improve Supply Chain Efficiency" (Supply Chain Digest) Note: Dates and sources may have changed since the initial publication.
Today's fast-changing business environment requires companies to seek ways to harness data power for growth and productivity. Among the buzzwords is people analytics—the data-based approach to employees' behaviour and performance. According to Deloitte, 71% of companies prioritise people analytics, yet many still do not know how to implement it fully. The article provides an overview of how organizations can apply people analytics to help improve business outcomes.
, or HR analytics, studies employee data to generate insights about workforce trends, performance, engagement, and productivity. When companies analyze data points such as attendance, performance metrics, or even employee satisfaction, they can make more informed decisions regarding improving their workplaces' effectiveness. It uses facts and figures to shape HR strategy to improve employee experience and achieve stronger results.
The best thing about people analytics is that it enhances productivity. A pattern can be identified as the best practices of top performers and implemented across teams. For instance, an organisation might find that early employees finish more tasks. That behaviour can be encouraged across departments, and businesses could increase productivity everywhere.
Indeed, research has found that organizations with people analytics report 25% higher productivity than those without. With such obvious benefits, it is no wonder why more and more companies are investing in the field to drive performance.
Recruiting people is an important long-term success criterion. People analytics streamline hiring by helping teams identify candidates most likely to thrive in their organization. Hire managers no longer rely on intuition but use data on previous hires' performance.
Today, diversity and inclusion form a core part of every . People analytics enable such initiatives by checking the team's demographics against such gaps and using that information to initiate mentorship or training and bring inclusion.
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