Applying Predictive Analytics To Decisions
About Your Workforce
Posted by
EdmontonPM
May 19
Live Webinar May 26thth, 2015 – 1:00 pm to 2:00 pm EDT
Presented by: Human Capital Institute
Webinar Duration: 1 Hour Credits: 1 Category C PDU – Free PDU
You may not know it, but your company is already a big data company.
Most companies sit on a wealth of workforce data – 16 million data points on average for a Fortune 500 company, much of that stored in HR systems.
Yet only a very small percentage (4%) of companies have figured out how to harness that data to manage and predict workforce performance.
When applied to the workforce, the principles of Big Data, Workforce Science and Predictive Analytics can help companies understand drivers of worker performance in ways only dreamed about before.
Most companies already know how well workers are performing, but with Big Data, companies can also know why they are performing at that level, and how they can improve it.
Companies already applying big data and predictive analytics to HR are reaping rewards. Deloitte reports that HR teams are four times more likely to be respected by their business counterparts for their data-driven decision-making.
This webinar will illuminate key tips and best practices for HR practitioners to:
- Define and build a big data strategy that focuses on WF performance
- Get value out the data you already have and identify new data to capture
- Do’s and don’ts for launching a data-driven WF optimization initiative
- Learn about predictive analytics and how it can drive business change
- Translate big data findings into business insights that allow you to forecast real measurable ROI outcomes
Presenters:
- Michael Housman (LinkedIn profile) Chief Analytics Officer, Cornerstone OnDemand, Inc.
- Max Simkoff (Linkedin profile) Vice President of Analytics, Cornerstone On-Demand
PDU Category C (PMBOK 5) documentation details
Process Groups: Executing
Knowledge Areas: 9 – Human Resources
- 9.1 Plan Human Resource Management
- 9.2 Acquire Project Team
- 9.3 Develop Project Team
- 9.4 Manage Project Team
As a Category C “Self Directed Learning Activity” remember to document your learning experience and its relationship to project management for your “PDU Audit Trail Folder”
Click to register for Applying Predictive Analytics To Decisions About Your Workforce
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