TMA HR Analytics · • Grow up with technologies • Always on • Multi-task • Very social 6...

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HR Analytics - From Insights to Intelligence: The Future of Human Capital Management Vilaiporn Taweelappontong www.pwc.com

Transcript of TMA HR Analytics · • Grow up with technologies • Always on • Multi-task • Very social 6...

HR Analytics - From Insights to Intelligence:The Future of Human Capital Management

Vilaiporn Taweelappontong

www.pwc.com

PwC

‘HR is once again beingchallenged to deliver the

skills and analytics insightfor the business needs of the

future, as businesses lookfor growth in a digitally

disrupted world’

1 Macro insights

2 HR Analytics

3 Recommendations

2January 2017

PwC

1 Macro insights

• CEO & PwC HRIT SurveyResults

• What drives WorkforceAnalytics

3January 2017

PwC

A Journey to 2022

4January 2017

PwC

A Journey to 2022

5January 2017

PwC

Digital Migrants, Digital Natives

• Adopt technologies

• Prefer to talk in person

• Rely on news sites for info

• Passive

Digital Migrants Digital Natives

• Grow up with technologies

• Always on

• Multi-task

• Very social

6January 2017

PwC

Millennials’ traits are posing challenges andopportunities to the future of workplace

Ambitious&

Optimistic

Expect rapidprogression, avaried andinterestingcareer, andconstantfeedback

Less Loyal

Millennialsthink they willhave multiplejobs andwanting to bejob hoppers

Work/ LifeBalance is a

Priority

Work/lifebalance is veryimportant,however has notmet up to themillennialsexpectation

Powered byTechnology

Millennialsexpect thetechnology thatempower theirpersonal lives toalso drivecommunicationand innovationin the workplace

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What are Leaders asking for?

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The future of the HRBP – Analytics and business insightHRBP roles have traditionally had a transactional element, however they are evolving into a wider, broader roleencompassing the following key aspects

Increase knowledgeof critical externalrealities

Interpret data anduse data to gainbusiness insights.

Work with managementteams to formulate uniquebusiness and HRstrategies

Know who supportsand can deliverchange

Know the business in detail,what is important to businessleaders their problems andissues

Bring to strategydiscussions personalvisions for the future

of the business.

Technical HRKnowledge

Consulting

RelationshipBuilding

BusinessCompetence

ExternalMarketInsight

Analytic andfinancial

skills

Home

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Key technology trends

‘Please select the answer that best describes the impact you expect the technologies in the categoriesbelow to have on your firm’

Source: Global state of enterprise architecture online surveyBase: 216 enterprise architects

42%

38%

32%

31%

26%

24%

24%

22%

21%

19%

18%

17%

50%

50%

37%

49%

50%

49%

44%

57%

55%

29%

63%

47%

Mobile applications

Mobile platforms (iOS, Android, Blackberry, HTML5, etc.)

‘Big-data’ platform for real-time analytics

Cloud-based or as-a-service application platforms

Infrastructure-as-a-service, including public, private,and hybrid cloud

Business event processing and rules platforms

‘Big-data’ platforms for batch analytics

Customer intelligence and analytics platforms

Collaboration and social platforms – With external parties

Sensor systems and smart computing (M2M,device clouds, smart meters, RFID, embedded IPs)

Business intelligence (reporting, visualisation,and analytics)

Enterprise search and semantic platforms

Revolutionary Evolutionary

“Megatrends”in HRtechnology:

• SaaS/Cloud

• Digitalexperience,mobile, social

• Big data andanalytics

The top emerging technologies to watch now, through 2020.

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Trends in HR Analytics

• Demand for workforce analytics becoming more strategic.

• Technology solutions are allowing greater analytic functionalities.

• Over 85% of organizations are using employee surveys to understandworkforce attitudes.

• Increasing demand for leading (predictive) metrics.

• Deeper investments in workforce intelligence, with respect to bothtools and people.

• More fact based and evidenced based insight.

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2• Analytics Maturity Scale

• Analytics Journey

• HR Predictive Analytics

HR Analytics

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Issues organisations face?

13January 2017

How do weprovide

clear, usefulpeople

insights tothe

business?

“We arestruggling tounderstand howwell our valuesare embedded anddemonstrated byour employees ”

“We do not haveconfidence in ourdata and HRISwhich hindersdecision making ”

“We are lackingthe right mix ofpeople and talentto achieve ourdesired level ofrevenue growth ”

PwC

Moving from HRIS to Predictive Analytics

How manysales left uslast year?

Which salespersonnel aremost likely toleave?

How longhas Anniebeen withus?

How long willAnnie staywith us?

Where doesAnnie live?How long isthecommute?

Whatcriterias willimpactAnnie’sretention?

How manyhours didAnnie worklast year?

What’s theappropriatesalary tomotivateAnnie to staylong?

Whatpromotiondid Annieget overpast 3years?

How are thebestincentives toget Annie tostay with us?

How manytraininghours didwe invest inour team?

Whichtrainingprograms aremost likely toimproveeffectivenessof our team?

Who are thehighperformingstaffs?

Which staffsare likely tobecome highperformers?

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Workforce Analytics Maturity Curve

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Predictive Analytics in Workforce Management

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Predictive Analytics

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Predictive analytics routinely faces these commonchallenges

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Predictive modeling is not about having the most data, it’sabout testing the right hypotheses framework with relevanthistoric data

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Case Example – Predicting Flight Risk

20January 2017

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3 Recommendations

• Building HR Analyticscapability

21January 2017

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HR Technologies

22January 2017

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Contact details

Vilaiporn Taweelappontong

Office: +662 344 1042

Email: [email protected]

[email protected]

23January 2017