Our organizations are interconnected. The different areas intertwined. The complexity of businesses requires a good understanding of what drives success and the areas requiring improvement. To shed light on the intricacies, the analysis of data is paramount.
Higher levels of motivation, commitment to your firm, higher performance. We work with our clients to improve human resource and leadership processes through the power of data.
Quality of data and the appropriate analytics are essential in improving business processes and reaping the greatest benefit for the company, management, and employees.
Human resource systems driven by data generate higher returns on human capital investments than companies refraining from the use of data to build and advance their HR. Whether it is data on leadership needs and competencies, group dynamics, or the impact of bonus payments on staff performance, data analytics aids in determining the status quo, predicting areas of improvement, and function as a strategic map in addressing future needs.
The power of data supports management in their decision-making processes and the implementation of best practices.
A few examples of where human resource and leadership analytics have helped to boost firm profits:
Across almost 300 companies in the USA the use of data to monitor and improve human resource systems has led to increases in productivity of 7% per employee, a boost in sales per employee by over 5%, and increased the respective companies' market value by 19%. These figures are indeed for each of those 300 companies that had implemented the use of human resource analytics in their daily operations.
Human resource and leadership analytics are tremendously useful tools in understanding the current state and impact of existing measures, translate HR and leadership processes into easily understandable numbers, and aid in improving and implementing new systems.
For further information on how we can help you translate your human resource practices and leadership into useful analytics, feel free to get in touch via our Contact Form.