Editor’s Note: The Growing Importance of People Analytics in HR

Work, workforce and workplace have changed significantly in the past two years. Employees have started to reconsider everything from where, why and how they want to work and so much more. Organizations are also using this opportunity to understand what employees are looking for in the workplace and what is driving their intent to stay. However, most organizations struggle with planning because they lack key insights into their organization. They simply don’t have an aggregated, holistic view of their people data. They are stuck!

Knowing what data is important and figuring out how often to analyze it might not be an easy task for HR. Welcome to the world of People Analytics!

People analytics can help HR see, understand, and act on insights in real-time, leading to productivity and business success. And with the growing need for people analytics, comes the growing need for up-to-date data. Is the future of HR data-driven? How to use people analytics data to shape your HR priorities in 2022 and beyond?

The March issue of HR Strategy & Planning Excellence includes expert articles that focus on the growing importance of people analytics in today’s uncertain world of work, trends in people analytics, the future ahead and much more.

On the cover, we have Anne Maltese’s (Director of People Insights, Quantum Workplace) article, Why HR’s Future Is Data-Driven And Where HR Should Focus that highlights why HR should use data to drive decision-making. According to her, to be a strategic HR partner, HR needs to be able to understand and tell stories about the organization’s biggest asset, its people. To learn about other areas that people analytics can have a strategic impact, read her article.

 In the U.S. today, 34 percent of people are over 50. Every day, 10,000 people are turning 65 and by 2030, one in five Americans will be 65 or older. New analytical approaches within this cohort should be created to find a new enlightened path to leveraging mature experiences. Read Michael Clinton’s (Media Advisor to the CEO, Hearst Corporation.) article, People Analytics: Are We Missing A Major Movement? for more insights on this relevant topic.

Check out Flipsnack’s Zach McDaniel’s article, The Growing Importance Of People Analytics In HR that includes a few predictions for the future of people analytics.
Most organizations treat headcount planning as an annual headache, a daunting process that requires HR teams to spend hours planning to plan because their people data is a mess.  

ChartHop’s Ian White, in his article, Make Planning Painless Using People Analytics, talks about harnessing people analytics for headcount planning.

In brief, having critical workforce data at your fingertips help you make more informed decisions, improve productivity and save your organization money. The better the analytics, the more insight you will have into your organization's current and future needs.

We hope you find this edition’s expert articles informative and insightful. As always, we look forward to your valuable suggestions and feedback on our ePublications.

Happy Reading!