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People Analytics Is The New Big Thing & Here’s Why You Should Know About It
All about Data & Analytics on people at work
People Analytics can be defined as a process of working with HR data and translating that into data-driven actionable insights to improve the way business is done.
People Analytics (aka talent analytics or worforce analytics) is a deeply data-driven, evidence-based stream of data analytics where professionals are tasked with using concepts of data science, implement data models, and visualize data to recommend actionable insights. Simply put, People Analytics is the end-to-end data lifecycle from extraction to communicating to the business, but on HR data.
People Analytics is quintessential to an organization in this time and age when now, more than ever, an organization can make or break with its people. People Analytics is associated with what the business can become by the impact the people within create on business goals, mission and vision and evaluate the effectiveness of human resources initiatives.
People Analytics is not a small, niche team; rather, it folds the entire organization in and plays a pivotal role in driving workforce strategies.
