Use systematic analysis to make successful decisions
Meaningful analyses make a major contribution to increasing the cost-effectiveness of companies. The definition of the correct key performance indicators (KPIs) and their evaluation and interpretation provide an important basis for making decisions. This enables HR to optimize its contribution to successful company development through targeted measures.
The data trails employees leave behind them are increasingly valuable, and there is great potential in their correct use. HR can prove its worth to a company by using key performance indicators to demonstrate the added value it contributes to the company’s success. However, a successful deployment of HR analytics requires not only intelligent data acquisition systems, but also the methodological skills of HR managers and in-depth business expertise.
The challenge is not only to define the correct key performance indicators, to interpret them meaningfully and to derive targeted measures from them: at the same time, the data management – collection, keeping and deletion – must be designed in accordance with the law. It must also take account of new privacy regulations, such as the GDPR.
The complexity of today’s HR processes is great, as is the variety of strategic fields of action. The analysis of HR data makes it possible to optimize decision-making processes and increase HR performance.
Data-based decisions lead to greater transparency and traceability for employees and thus to greater satisfaction.
They feel safe when they know that the company knows where it is, what objectives it is pursuing and where the journey should be heading.
Employee potentials are discovered and nurtured in a targeted manner. This makes qualified personnel development possible.
The data-based definition of corporate strategies and optimization of decision-making processes reduce the risk of making the wrong decisions.
HR areas that require action can be seen at a glance. In this way, targeted measures can be initiated, and HR processes can be optimized.
The analysis of cost factors and any reductions are transparent, and the costs are traceable.
Forward-looking analyses make it possible to remain competitive.
HR Campus pursues a holistic approach to consulting in order to make your HR analytics successful:
The correct software makes HR analytics indispensable. HR Campus can provide you with appropriate HR software products including the following advantages:
What is meant by artificial intelligence and how will this change HR in the years ahead? A report into the situation now, with a view to the future.
The right analyses enable you to make smart decisions – the right tool makes the process efficient and smart.