Storytelling is nothing without a proper theory – here’s why

Storytelling is rightly hailed as a must-have competence in people analytics. In my own competency model, it is one of the six core competencies any analytics team must have. Other models do the same. Compelling arguments are being made about the value of good storytelling. In other words; master it or beat it. So don’tContinue reading “Storytelling is nothing without a proper theory – here’s why”

Six must-have competencies in a world-class analytics team

Succeeding with workforce analytics is difficult. It requires a mix of skills not found in one person only, and you should not assume, that you can do it on your own. We are all decent at most things but really only good in a few. You should therefore assemble a team, which has a multipleContinue reading “Six must-have competencies in a world-class analytics team”

Cost and value – the difference that makes a successful workforce analytics function

My second take-away from the workforce analytics case-studies and conferences I have heard, attended and experience over the last year is what I call the confusion of cost savings and value creation.  While the good news is that we are starting to deliver, my warning would be, that we should be careful not to deliverContinue reading “Cost and value – the difference that makes a successful workforce analytics function”

The state of Workforce Analytics is pretty good – and improving

Over the last year, I have with interest read and heard a lot of workforce analytics case-studies both at conferences, in network groups and in companies by practitioners. And I find myself hearing good news. I believe, we are as a profession starting to deliver on our promises and heading towards a brighter future. LetContinue reading “The state of Workforce Analytics is pretty good – and improving”

New research: Companies with diverse leadership yield higher profits

Let’s start with the good news: The conclusion. The companies in Denmark with the most diverse leadership earn on average 12.6 percentage points more than the companies with the least diverse leadership. Not only that, the study also concludes that companies with the most diverse leadership average an operating margin that is 5.7 percentage pointsContinue reading “New research: Companies with diverse leadership yield higher profits”

5 reasons why HR Analytics must sit in HR

In my last blog post I gave five reasons why HR Analytics should not be located in HR.  The five reasons I gave were: 1) It will lose its strategic potential, 2) HR does not have the capabilities – and will not be able to attract the right ones, 3) HR does not have ownership of allContinue reading “5 reasons why HR Analytics must sit in HR”

5 reasons HR Analytics should not be located in HR

If you were to build an HR analytics department where would you put it in your organization? The obvious answer may at first be to put it in HR. But at second glance this may not be the right place. Maybe even the wrong place. I believe there are five good reasons why HR AnalyticsContinue reading “5 reasons HR Analytics should not be located in HR”

Beware: HR Analytics leads to overconfidence

Overconfidence is a term used in psychology to describe a person bias for being right. The overconfidence effect is a well-established bias and describes a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Daniel Kahneman writes in his epicContinue reading “Beware: HR Analytics leads to overconfidence”

How important is leadership for business success? Soccer may provide an answer. Workforce Analytics should do the rest

How important is leadership really for business success? It is obviously difficult to answer. Perhaps we could start by asking; how important are the top leaders for a company’s success? While more specific, this question is also difficult to give a brief and unambiguous answer to. However, we can begin to approach an answer byContinue reading “How important is leadership for business success? Soccer may provide an answer. Workforce Analytics should do the rest”

In workforce analytics just pretend that correlation is the same as causality

If you read any article, book or blog post about workforce analytics, HR data or evidence based HR you will eventually read the following sentence “…but remember that correlation is not the same as causality”. And this is factually correct. Just because two items correlate does not mean that they are connected or that thereContinue reading “In workforce analytics just pretend that correlation is the same as causality”