From the Inside Flap
Is your company getting the most out of its human capital? It's time it didthe human resources industry is finally grasping the value of understanding its human capital and evolving from a shepherd's role to one that adds significant strategic value. Find out what's going on with your workforce, how investments affect it, and how to communicate effectively with all parts of the enterprise with the breakthrough guidance found in Human Capital Analytics.
Building upon the work of coauthor Jac Fitz-enzthe father of human analyticsand his book, Human Capital Metrics for the 21st Century, this well-researched book applies advanced statistical methodology coupled with today's computing power. It focuses on predictive analyticsanalytics that not only measure impact but also help optimize and prescribe future investments. This visionary book will inspire you to apply the same tools used to evaluate and improve finance, marketing, and operations investments to human capital investments, with the same rigor.
HR practitioners have begun to embrace analytics at the same time that organizational leaders are demanding increasing accountability from HR. Filled with case studies from leading global organizations, Human Capital Analytics is the timely, groundbreaking resource that will improve your understanding of the power of optimizing your people investments.
From the Back Cover
Wake up to the potential value of advanced analytics on human capital
Ignoring human capital analytics in the hopes that it's a passing fad puts your company at risk of becoming obsolete. The forces behind it are that powerful.
Providing an in-depth look at the science of human capital analytics, Human Capital Analytics presents practical examples from case studies of companies successfully applying analytics to their people decisions and features a framework for using predictive analytics to optimize your human capital investments.
In Human Capital Analytics, Gene Pease, Boyce Byerly, and Jac Fitz-enz present a transformative view of human capital analytics, with a blueprint covering:
- Deciding what to measure with your stakeholders
- How to get organized with subjects such as alignment and a measurement plan
- What dashboards are telling you: descriptive statistics and correlations
- Optimizationhow to get beyond business impact and ROI to descriptive analytics
- Presenting financials: how to present findings to effect organizational change
We are at a moment in time where theories about human capital, the amount of data available, and the computing power necessary to deal with the data are radically changing how business is done. Revolutionary and forward-thinking, Human Capital Analytics reveals the essential action steps every organization awash in a sea of data needs to take to effectively implement advanced analytics on human capital within its business.