The accelerated pace of Digital Transformation has made it crucial for HR professionals to have a strong understanding of Analytics for making insightful data-driven people decisions.
Dec 03, 2021 2:30 PM - 5:30 PM
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In the current landscape driven by disruptions, people decisions and people related programs are vital for every organization's success. The accelerated pace of Digital Transformation has made it even more crucial for HR professionals to have a strong understanding of Analytics for making insightful data-driven people decisions (and thereby drive stronger business outcomes).
People Analytics is an important skill for HR to truly be a Strategic Business Partner and for them to be successful, they need to be digitally literate & analytically capable to hold evidence-based conversations with the business.
Masterclass Synopsis (Why Attend?):
This program will help its participants...
Dr Fermin Diez
SMU & NTU
Why is People Analytics Important? (30 Minutes)
Review case studies of businesses that have used people analytics to improve their decision-making.
Basics of People-analytic Thinking (60 minutes)
Principles of people-analytic thinking and review basic concepts related to descriptive/predictive statistics (regressions, correlations, z-scores).
Data Collection, Clean-Up and Storage (30 minutes)
Understand data and how to use it. Discuss structured (internal) data, big data (external), and how to ensure the validity, reliability and generalizability of data for consistency and clarity. Discuss storing data so that it can be consolidated and accessed.
People Analytics Modelling (60 minutes)
Developing and testing hypotheses and models (interactive exercise) & Graphs tell stories (including exercises)
Application (60-minute session with an instructors-led excel exercise)
Use real data to show how to develop hypotheses; apply analytics tools in excel to determine relationships; derive insights and develop visuals to tell a convincing story. The participants will learn how this process is done, and how to ask relevant questions that can be analysed.
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