“83% of HR leaders from organisations across Singapore, Malaysia and Hong Kong agree
that HR analytics is helping to build the long-term strategy of their business.” – Chartered Institute of Personnel and Development (CIPD), 2015
Over the past decade, there has been a rise in organizations adopting data analytics as one of the core competencies for growth. This growth was built upon the growing evidence of the value that data analytics creates; specifically, how it augments and improves the decision-making process in organizations. While HR came to analytics a little later in the game, leaders in organizations are recognizing the potential it could hold and hence adoption has also been growing.
HR analytics has been growing in popularity over the last decade; and many organizations have invested heavily into building the requisite skills; particularly the “hard” data skills typically associated with analytics. Despite these massive investments in people and technology, many organizations continue to struggle with realizing value from HR analytics.
Part of the reason why these HR organizations fall short lies in the “last mile” of realizing value from analytics; more specifically, how to glean pivotal messages from data, how to make large & complex data sets accessible and how to structure and tell a story from the data that makes the audience care. This workshop aims to address such capability gaps; especially for HR professionals and managers who have some experience with analysis; but are finding some challenges in making an impact in the “last mile” of value in analytics. This workshop is specifically designed to round up the final pieces in the analytics value chain to help organizations achieve sustainable value in analytics.
Participants are required to bring their own laptops with MS Excel and Powerpoint (version 2013 or later) to
participate in the data and capstone exercise
Derrick consults and leads engagements to help clients liberate their data for analytics, to glean relevant and actionable insights from their data; engagements span across many sectors, functions and regions including Pharmaceutical, FMCG, Government, Human Resources, Finance & F&B across the Asia Pacific region
Key Benefits of Attending
Who Should Attend?
- HR Analysts or Professionals who are looking to broaden their HR analytics skillsets with the softer aspects of the Analytics value chain
- HR Analysts or Professionals who are looking to build deeper skills in HR Data Visualization
- HR Analysts or Professional who are looking to make a bigger impact on their organizations by closing the “last mile” of value along the analytics value chain
- All other professionals with a keen interest in developing data analytics skills in the HR domain
What is HR Analytics and why it matters?
This segment provides an overview of the key concepts and applications of HR analytics, including the general utilities of analytics, why analytics is important, and the potential of analytics to empower HR professionals to inform, explain and guide decision making.
Transforming Data into Insights in Six Steps
This segment provides a brief overview to the six-steps framework of turning data into insights and decision making. The six steps are:
- Problem definition;
- Hypotheses development;
- Data definition & collection;
- Data preparation & analysis;
- Results interpretation & insights;
- Communication & influence.
Conveying the message through Data Visualization
- Key principles in Data visualization
- Thought process in selecting the right visualization for the intended message
- Finding the right message
- The require comparison to convey the message
- Selecting the right visualization
- Hands-on exercises on MS Excel
Self Service Analytics using Infographics
- What is an infographic?
- Why deploy infographics?
- Class Exercise: Building interactive infographic on MS Excel Analysis
Self Service Analytics using Dashboards
- What is a dashboard?
- Why deploy dashboards?
- When do you deploy dashboards and how do you measure success?
- Key design requirements: Purpose,
- Development & Delivery
Class Exercise: Building interactive dashboards on MS Excel Analysis
Exposure to other data visualization tools in the market
Principles of Storytelling with data
- Finding the conclusions and key messages from analysis
- Leveraging frameworks to structure the story into a storyboard
- Finding the right balance to tell a concise, coherent and compelling story
- How to make the audience care and achieve the intended objectives
Structure of a good Data Storyboard: Telling a Persuasive Story
- Opening Act (Emotional)
- Main Act (Analytical)
- Concluding Act (Finish with a Dagger)
Bringing all together: Capstone Business Case Exercise
- The participants will work on a capstone business case exercise with the concepts and techniques they have acquired in this course
- The final presentation, which should include the following: Finding the key messages in the data/dashboards (build in previous exercises), structuring the messages into a concise, coherent and compelling story, identifying the visualizations to convey the story, telling the story to make the
audience care and act.
- Group Presentation & Discussion