Pages Navigation Menu

Develop A Strategic Mindset and Deliver Results

The People Analytics, The HR Software and The Manager

The People Analytics, The HR Software and The Manager

People Analytics is really what the words collectively mean: Analyzed data of People. These people are usually employees of a firm; and the data provides an insight into usually what all employers want out of their employees.

For People Analytics to work, you need to have a substantial amount of data at hand. What or even Who better than an HR Software to provide that data!

HR Software is a storehouse for data. With functions like:

  • Talent Acquisition
  • Applicant tracking
  • On boarding
  • Time-off tracking
  • Employee database and Records Management
  • Performance management
  • Workflow management
  • Payroll

An unfathomable amount of data can be acquired from HR Software. When this data is put to good use, miracles can happen.

Here is:

How your HR Software data can bring you closer to People Analytics?

  1. It is crucial for any company to assess the effectiveness of its people practices, programs, and processes. HR Software hoards all sorts of information about the people, programs and processes. This data when synced with Analytics provides an insight (NOT A DECISION).

people analytics

2. Using HR Software, People Analytics becomes a revived experience. It gets faster, accurate, inexpensive and effective. Hard data is used to make soft-skill decisions. Be it people-related issues, such as recruiting, performance evaluation, leadership, hiring and promotion, job design, compensation, ollaboration or issues related to data management.

3. The world is speeding to automation. Data is becoming the new driving factor. Manual tools are becoming futile. The next big thing is never known. But, with People Analytics, predicting the future trends, gaps and skills becomes easy.

But,

Will your HR Software data empowered People Analytics to be as wise as your Manager?

A survey by Google on the Googlers themselves had astonishing results.

When the promotion of the Engineers who create algorithms for everything and anything, was automated by the following algorithm, it was not something an algorithm would have predicted.

The Promotion Algorithm (with 90% Accuracy):

Odds = e^ (-22.216) + (5.227*Average Performance)+(2.732*Manager Recommended)+(0.971*Self    Recommended)

Probability (%) = Odds/ (1+Odds)

The Engineers who live and breathe algorithms were not happy with it. They didn’t want the Promotion decisions to be decided by a black box. However, when this algorithm was to be used to assess their individual decisions, it was more than beneficial.

HR metrics

 

People Analytics Manager
Machine Learning Common Wisdom
Decisions based on holistic Data Decisions based on data influenced by individual traits
Unbiased Can be biased
Not emotionally invested Can be emotionally invested
No impact of social norms on behavior Behavior-based on social norms

people analytics

 

The bottom line is:

  • People Analytics does not breed decisions. People Analytics is not the decision makers but only a tool to provide data for the decision makers.
  • Managers matter. People Analytics can be used to improve the quality of your employees and Manager, but it cannot replace them. Improve your decisions by employing GREAT Managers. (See the definition below)

people analytics

  • Deciding who will be The Good, The Bad or The Ugly is a question that only your implementation can answer.

“Life isn’t an algorithm and we don’t intend to make it one.”

- A Googler

The following two tabs change content below.
Kritika Pandey is the Digital Marketer at Softwaresuggest. 275 company that researches and analyzes software to educate, advice, and connect buyers and sellers of business technology.

Latest posts by Kritika Pandey (see all)

Leave a Comment

Your email address will not be published. Required fields are marked *

By submitting this form, you accept the Mollom privacy policy.

4 + seven =

Donate To Help Others

Donate to Doctors Without Borders

Donate to Doctors Without Borders

In a time when we can help others, we encourage a donation to Doctors Without Borders.

Check This Offer Out

Get HR Strategy Articles, Every Week

Coming Soon: Be among the first to get our 2018 HR Trends Report When Its Released!

Subscribe to HR C-Suite's newsletter and get HR strategy articles delivered straight to your in-box every week.

Plus be among the first to get our 2018 HR Trends Special Report FREE when its released!

You have Successfully Subscribed!

Pin It on Pinterest

Share This