Predictive Analytics For Human Resources

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Predictive Analytics For Human Resources

Author : Jac Fitz-enz
ISBN : 9781118893678
Genre : Business & Economics
File Size : 72.34 MB
Format : PDF, ePub, Mobi
Download : 195
Read : 697

Create and run a human resource analytics project with confidence For any human resource professional that wants to harness the power of analytics, this essential resource answers the questions: "Where do I start?" and "What tools are available?" Predictive Analytics for Human Resources is designed to answer these and other vital questions. The book explains the basics of every business—the vision, the brand, and the culture, and shows how predictive analytics supports them. The authors put the focus on the fundamentals of predictability and include a framework of logical questions to help set up an analytic program or project, then follow up by offering a clear explanation of statistical applications. Predictive Analytics for Human Resources is a how-to guide filled with practical and targeted advice. The book starts with the basic idea of engaging in predictive analytics and walks through case simulations showing statistical examples. In addition, this important resource addresses the topics of internal coaching, mentoring, and sponsoring and includes information on how to recruit a sponsor. In the book, you'll find: A comprehensive guide to developing and implementing a human resource analytics project Illustrative examples that show how to go to market, develop a leadership model, and link it to financial targets through causal modeling Explanations of the ten steps required in building an analytics function How to add value through analysis of systems such as staffing, training, and retention For anyone who wants to launch an analytics project or program for HR, this complete guide provides the information and instruction to get started the right way.
Category: Business & Economics

Predictive Analytics For Human Resources

Author : John Mattox
ISBN : OCLC:1112594333
Genre : Data mining
File Size : 28.62 MB
Format : PDF, ePub, Docs
Download : 864
Read : 1133

Create and run a human resource analytics project with confidence For any human resource professional that wants to harness the power of analytics, this essential resource answers the questions: "Where do I start?" and "What tools are available?" Predictive Analytics for Human Resources is designed to answer these and other vital questions. The book explains the basics of every business--the vision, the brand, and the culture, and shows how predictive analytics supports them. The authors put the focus on the fundamentals of predictability and include a framework of logical questions to help set up an analytic program or project, then follow up by offering a clear explanation of statistical applications. Predictive Analytics for Human Resources is a how-to guide filled with practical and targeted advice. The book starts with the basic idea of engaging in predictive analytics and walks through case simulations showing statistical examples. In addition, this important resource addresses the topics of internal coaching, mentoring, and sponsoring and includes information on how to recruit a sponsor. In the book, you'll find: A comprehensive guide to developing and implementing a human resource analytics project Illustrative examples that show how to go to market, develop a leadership model, and link it to financial targets through causal modeling Explanations of the ten steps required in building an analytics function How to add value through analysis of systems such as staffing, training, and retention For anyone who wants to launch an analytics project or program for HR, this complete guide provides the information and instruction to get started the right way.
Category: Data mining

Predictive Hr Analytics

Author : Martin Edwards
ISBN : 0749484446
Genre : Business & Economics
File Size : 27.24 MB
Format : PDF, Kindle
Download : 561
Read : 1015

Confidently use predictive analytic and statistical techniques to identify key relationships and trends in HR-related data to aid strategic organizational decision-making.
Category: Business & Economics

The New Hr Analytics

Author : Jac FITZ-ENZ
ISBN : 9780814416440
Genre : Business & Economics
File Size : 78.80 MB
Format : PDF, ePub
Download : 874
Read : 1317

In his landmark book, The ROI of Human Capital, Jac Fitz-enz presented a system of powerful metrics for quantifying the contributions of individual employees to a company’s bottom line. Now, in The New HR Analytics, he reveals how human resources professionals can apply this expense-based knowledge to make the most strategic staffing decisions for their companies. Using Fitz-enz’s proprietary analytic model, readers will be equipped to measure and evaluate past and current returns and apply the information to make predications about the future value of human capital investments. You’ll learn how to: evaluate and prioritize the skills needed to sustain performance; build an agile workforce through flexible Capability Planning; determine how the organization can stimulate and reward behaviors that matter; apply a proven succession planning strategy that leverages employee engagement and drives top-line revenue growth; and recognize risks and formulate responses that avoid surprises. Brimming with real-world examples and input from thirty top HR practitioners and thought leaders as well as exclusive analytical tools, this groundbreaking book ushers in a new era in human resources and human capital management.
Category: Business & Economics

Human Capital Analytics

Author : Gene Pease
ISBN : 9781118466766
Genre : Business & Economics
File Size : 86.74 MB
Format : PDF, ePub, Mobi
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Human capital analytics, also known as human resources analytics or talent analytics, is the application of sophisticated data mining and business analytics techniques to human resources data. Human Capital Analytics provides an in-depth look at the science of human capital analytics, giving practical examples from case studies of companies applying analytics to their people decisions and providing a framework for using predictive analytics to optimize human capital investments.
Category: Business & Economics

Predictive Analytics In Human Resource Management

Author : Shivinder Nijjer
ISBN : 9781000208139
Genre : Business & Economics
File Size : 37.43 MB
Format : PDF, ePub, Docs
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Read : 501

This volume is a step-by-step guide to implementing predictive data analytics in human resource management (HRM). It demonstrates how to apply and predict various HR outcomes which have an organisational impact, to aid in strategising and better decision-making. The book: Presents key concepts and expands on the need and role of HR analytics in business management. Utilises popular analytical tools like artificial neural networks (ANNs) and K-nearest neighbour (KNN) to provide practical demonstrations through R scripts for predicting turnover and applicant screening. Discusses real-world corporate examples and employee data collected first-hand by the authors. Includes individual chapter exercises and case studies for students and teachers. Comprehensive and accessible, this guide will be useful for students, teachers, and researchers of data analytics, Big Data, human resource management, statistics, and economics. It will also be of interest to readers interested in learning more about statistics or programming.
Category: Business & Economics

Predictive Hr Analytics

Author : Mong Shen Ng
ISBN : 1790406374
Genre :
File Size : 36.58 MB
Format : PDF, ePub
Download : 614
Read : 838

You don't need to spend months learning the Python, R or SQL programming language, and you don't need to buy expensive statistical software like SPSS or SAS. This is the only book that teaches you Predictive Analytics using Microsoft Excel (which you already have & know how to use)! This book not only share with you the analytics findings of other companies, but also teaches you how to derive it by yourself! It covers the ARHAT Predictive HR Analytics framework, teaches you data-storytelling & data-visualization techniques, and teaches you how to use Microsoft Excel's statistical tools (Decision trees, Correlation, Multiple Regression, Logistic Regression, Chi-Square) with step-by-step print-screen instructions. It is also the only book that covers the full HR Analytics scope (Benefits, Compensation, Culture, Diversity & Inclusion, Engagement, Leadership, Learning & Development, Payroll, Personality Traits, Performance Management, Recruitment, Sales Incentives) with numerous real-world Predictive HR Analytics examples, & shows how Predictive HR Analytics answers questions such as: (1) Predict who are the people at risk of leaving using Decision tree, Correlation, Excel Logistic Regression, etc. (e.g. employee aged 30, who stays more than xx km from the company, who is rated "average for performance", has a 90% probability of resigning in her 3rd year.). (2) Identify where the best people come from and how successful a candidate will be if hired using simple correlation (E.g. Customer Service staff and Sales staff with x & y personality traits are likely to be good performers if hired). (3) Predict impact of Employee Engagement on customer satisfaction, revenue and Shareholder Returns, etc. using Excel Multiple Regression. (e.g. 1% increase in employee engagement leads to $100k increase in company revenue, 2% increase in customer satisfaction, 1% increase in Shareholders return, 1 day reduction in average sick leave, etc.). (4) Predict financial impact of training using Excel Multiple Regression (e.g. training satisfaction rating of xx leads to $y increase in company revenue). (5) Predict Diversity & Inclusion's impact on revenue and EBIT (e.g. convert your company's ethnic diversity mix to an index number, then use Excel Multiple Regression to predict if your company's diversity Index is x --> your company's Sales will be $y and EBIT will be z%). (6) Predict employee absenteeism and accident, using Chi-Square.
Category:

Accountability In Human Resource Management

Author : Jack J. Phillips
ISBN : 9781317437208
Genre : Business & Economics
File Size : 79.10 MB
Format : PDF, Mobi
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From selection and assessment, to training and development, and reward management, all HR functions have an impact on an organization. Ever-present budgetary pressures mean that there is perpetual competition for resources, so HR departments must be able to account for and justify their contribution to the bottom line. This practical text presents a results-based approach to HR accountability, which explains how to: Uncover and monitor the costs of HR programs Develop programs emphasizing accountability Collect data for evaluation Measure the contribution of human resources Calculate HR’s return on investment This new edition is fully revised and updated to reflect developments in the field, such as the rise of talent management and the increased role of technology in HR measurement, and is supported with international examples throughout. New chapters have been added to address business alignment, HR scorecards, analytics maturity, and international applications of the methodology. Case studies, tool templates and lecture slides are provided as online supplements for HR practitioners and students. Accountability in Human Resource Management 2nd Edition is a complete and detailed guide suitable for HR professionals and students on advanced human resource management courses.
Category: Business & Economics

Statistical Tools And Analysis In Human Resources Management

Author : Bhattacharyya, Dipak Kumar
ISBN : 9781522549482
Genre : Business & Economics
File Size : 87.55 MB
Format : PDF
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Recently, the use of statistical tools, methodologies, and models in human resource management (HRM) has increased because of human resources (HR) analytics and predictive HR decision making. To utilize these technological tools, HR managers and students must increase their knowledge of the resources’ optimum application. Statistical Tools and Analysis in Human Resources Management is a critical scholarly resource that presents in-depth details on the application of statistics in every sphere of HR functions for optimal decision-making and analytical solutions. Featuring coverage on a broad range of topics such as leadership, industrial relations, training and development, and diversity management, this book is geared towards managers, professionals, upper-level students, administrators, and researchers seeking current information on the integration of HRM technologies.
Category: Business & Economics

Hr Analytics

Author : Tracey Smith
ISBN : 9781492739166
Genre : Business & Economics
File Size : 76.80 MB
Format : PDF, ePub, Docs
Download : 550
Read : 590

How can HR show value? With 20+ years of analytical expertise, the author guides you into the land of HR analytics to answer this question. The reader of this book is a business leader, an HR leader, analyst, student or just plain curious about what analytics in the Human Resource function is all about. It is intended for the business-minded individual interested in learning about the strategic advantages which can be obtained from performing analytics on the wealth of data stored in HR systems. The book begins with a brief history of the evolution of HR information and explains some of the differences between the stages of information progression. It also provides an opinion on who needs to know these differences and who doesn’t. The book moves on to provide advice on how to best select metrics for HR and how to approach an analysis is an organized way. A full chapter is dedicated to practical examples in order to assist the reader in generating ideas of how to provide value to the organization. Examples are provided using simple and more advanced techniques. The intent, however, is to show where value can be found in HR data and not to provide instruction on mathematical techniques. For the HR leader, the book will go on to examine the advantages and disadvantages of trying to build these capabilities in-house and will provide a realistic view of the challenges associated with implementing analytics in Human Resources. For the HR analyst, a section is included to discuss the realistic challenges you will face in collecting and analyzing HR data. Those entering this field or thinking about it, can then go in with their eyes wide open. A brief introduction to Strategic Workforce Planning is provided because it overlaps with HR analytics in one of its major steps. Finally, the book provides advice and opinions on data analysis and visualization tools available to the HR professional. What Will This Book Do for Me? Before the reader embarks on his / her journey through the pages of this book, it is important to know the types of questions that will be answered. Only then can the reader determine the true value of this material for his / her business. The list below is not all inclusive, but will provide the reader with an idea on how the information contained herein can be used. 1. How can I show some HR analytics quick wins to my leadership team? 2. What are the evolutionary stages of analytics and in what stage are most businesses? 3. How can I organize my analysis efforts? 4. What can regression analysis do for me? 5. How can I link HR to the business? 6. How can I get strategic value out of an HR survey? 7. Should I have an in-house analytics group? If so, which skill sets should I look for? 8. What challenges can I realistically expect to face if I head into HR analytics? Under the new pressure for Human Resources to provide higher value to the company, answering these and similar questions for the organization will increase the strategic level of Human Resources.
Category: Business & Economics

Hr Analytics

Author : Dipak Kumar Bhattacharyya
ISBN : 9386062712
Genre : Business & Economics
File Size : 80.19 MB
Format : PDF, ePub, Mobi
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Human resource management function over the years -- HR decision-making and HR analytics -- Introduction to HR analytics -- HR business process and HR analytics -- Forecasting and measuring HR value propositions with HR analytics -- HR analytics and data -- HR analytics and predictive modelling -- HR analytics for future
Category: Business & Economics

Predictive Hr Analytics

Author : Dr Martin R. Edwards
ISBN : 9780749484453
Genre : Business & Economics
File Size : 66.3 MB
Format : PDF, Docs
Download : 488
Read : 466

HR metrics and organizational people-related data are an invaluable source of information from which to identify key trends and patterns in order to make effective business decisions. HR practitioners often, however, lack the statistical and analytical know-how to fully harness their potential. Predictive HR Analytics provides a clear, accessible framework with which to understand and work with people analytics and advanced statistical techniques. Step-by-step and by using worked examples, this book shows readers how to carry out and interpret analyses of various forms of HR data, such as employee engagement, performance and turnover, using the statistical packages SPSS (with R syntax provided), and, importantly, how to use the results to enable practitioners to develop effective evidence-based HR strategies. This second edition of Predictive HR Analytics has been updated to include new material on machine learning, biased algorithms, data protection and GDPR considerations, a new example using Kaplan Meier Survival analyses for tenure/turnover modelling and updated screenshots and examples with SPSS version 25. It is supported by a new appendix showing main R coding for the focal analyses approaches in the book, and online resources consisting of SPSS and Excel data sets and R syntax with worked case study examples.
Category: Business & Economics

Developing Human Capital

Author : Gene Pease
ISBN : 9781118753507
Genre : Business & Economics
File Size : 46.73 MB
Format : PDF, ePub, Docs
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Read : 279

Don't squander your most valuable resource! Collectively, your workers are your company's most important and most valuable asset. To make the most of this asset, nothing beats quantitative performance and investment measurement. Learning and Development is an 80 billion-dollar industry, and every valuable employee represents a sizable investment on the part of your company. To keep your business moving forward, effective management of human capital is crucial. It generates plenty of data, and deep analysis of this data helps you provide feedback and make adjustments to capitalize on the combined knowledge, skills, and creativity of your workers. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments provides a guidebook for collecting, organizing, and analyzing the data surrounding human capital so you can make the most of your employees' potential. Use predictive analysis to optimize human capital investments Learn effective study design and alignment Get the tools you need for measurement, surveys, and analysis Decide what to measure and how to measure it Outline your company's current and future analytics technology needs Map data sources, and overcome barriers to data collection Authors Gene Pease, Bonnie Beresford, and Lew Walker provide case studies in which major companies applied human capital analytics to guide people decisions, and expand upon the role of analytics in Learning and Development. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments is an essential guide to 21st century human resources and management practices, and can keep you from squandering your company's most valuable resource.
Category: Business & Economics

Predictive Hr Analytics

Author : Kirsten Edwards
ISBN : 9780749473921
Genre : Business & Economics
File Size : 63.15 MB
Format : PDF, Docs
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Read : 1005

Where other functions of an organization deal in profits, sales growth, forecasts and strategic planning, the HR function is responsible for employee well-being, engagement and motivation. Such concerns do not immediately conjure up images of analytical know-how, despite the fact that in reality the management of such things often requires a lot of measurement and technical skill. Predictive HR Analytics provides a clear, accessible framework with which to understand and work with HR analytics at an advanced level, taking HR professionals through examples of particular predictive models so they can develop effective HR strategies based on evidence. Predictive HR Analytics will show step-by-step, using simple terms, how to carry out analysis (using the statistical package SPSS) and interpret the results, helping to communicate the potential of HR analytics and get the most out of the HR function, whether carrying out the analysis or briefing external consultants. The book will help deliver a credible and reliable service to businesses by providing metrics on which executives will be able to make sound business decisions. Online supporting resources include data sets for using alongside the book.
Category: Business & Economics

Human Resource Management 2nd Edition

Author : Seema Sanghi
ISBN : 9789352596430
Genre : Business & Economics
File Size : 24.72 MB
Format : PDF, Docs
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Read : 186

Human Resource Management, 2e, presents multifaceted, up-to-date and all-inclusive information which will be useful to students and professionals pursuing human resource management (HRM). Going beyond the coverage of a traditional textbook, this book focuses on applied aspects of HRM, which capture the evolving challenges in the field. Application approach is followed to enrich them with as many examples as possible from not only India but from the world over, making the topics more meaningful.
Category: Business & Economics

Predictive Analytics For Human Resources

Author : Jac Fitz-enz
ISBN : 1118915046
Genre : BUSINESS & ECONOMICS
File Size : 69.84 MB
Format : PDF, ePub
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"Predictive Analytics for Human Resources is a comprehensive guide to developing and implementing a human resource analytics project. The book starts with the basic idea of engaging in predictive analytics and walks through case simulations showing statistical examples. In addition, it addresses the topics of internal coaching, mentoring, and sponsoring and includes information on how to recruit a sponsor"--
Category: BUSINESS & ECONOMICS

Win With Advanced Business Analytics

Author : Jean-Paul Isson
ISBN : 9781118370605
Genre : Business & Economics
File Size : 33.74 MB
Format : PDF, Mobi
Download : 815
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Plain English guidance for strategic business analytics and big data implementation In today's challenging economy, business analytics and big data have become more and more ubiquitous. While some businesses don't even know where to start, others are struggling to move from beyond basic reporting. In some instances management and executives do not see the value of analytics or have a clear understanding of business analytics vision mandate and benefits. Win with Advanced Analytics focuses on integrating multiple types of intelligence, such as web analytics, customer feedback, competitive intelligence, customer behavior, and industry intelligence into your business practice. Provides the essential concept and framework to implement business analytics Written clearly for a nontechnical audience Filled with case studies across a variety of industries Uniquely focuses on integrating multiple types of big data intelligence into your business Companies now operate on a global scale and are inundated with a large volume of data from multiple locations and sources: B2B data, B2C data, traffic data, transactional data, third party vendor data, macroeconomic data, etc. Packed with case studies from multiple countries across a variety of industries, Win with Advanced Analytics provides a comprehensive framework and applications of how to leverage business analytics/big data to outpace the competition.
Category: Business & Economics

Practical Applications Of Hr Analytics

Author : Pratyush Banerjee
ISBN : 9353282969
Genre : Business & Economics
File Size : 85.94 MB
Format : PDF, ePub, Docs
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A comprehensive introduction to the know-how of HR analytics and its role in optimizing HR decision-making and driving organizational performance. In today’s technology-driven world, HR analytics is pivotal to measure, express and take focused HR decisions. Practical Applications of HR Analytics equips readers with the required tools and techniques to effectively identify, capture and utilize the vast amount of available data in making better informed business decisions. The text is lucid and packed with practical illustrative examples, hands-on exercises and datasets. It is an invaluable resource for management students and HR professionals who want to translate the benefits of HR analytics into practice, thus paving the way for evidence-based human resource management. Key Features: • Practical understanding of a range of open-source statistical GUI software. • Focus on both descriptive and predictive analytics in HR. • Chapter opening vignettes, industry examples and real-world case studies on application of HR analytics in organizations. • Supplementary exercises and soft copy of datasets provided on Google Drive Link to facilitate hands-on training.
Category: Business & Economics

Fraud Analytics Using Descriptive Predictive And Social Network Techniques

Author : Bart Baesens
ISBN : 9781119133124
Genre : Computers
File Size : 43.61 MB
Format : PDF, Mobi
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Detect fraud earlier to mitigate loss and prevent cascading damage Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques is an authoritative guidebook for setting up a comprehensive fraud detection analytics solution. Early detection is a key factor in mitigating fraud damage, but it involves more specialized techniques than detecting fraud at the more advanced stages. This invaluable guide details both the theory and technical aspects of these techniques, and provides expert insight into streamlining implementation. Coverage includes data gathering, preprocessing, model building, and post–implementation, with comprehensive guidance on various learning techniques and the data types utilized by each. These techniques are effective for fraud detection across industry boundaries, including applications in insurance fraud, credit card fraud, anti–money laundering, healthcare fraud, telecommunications fraud, click fraud, tax evasion, and more, giving you a highly practical framework for fraud prevention. It is estimated that a typical organization loses about 5% of its revenue to fraud every year. More effective fraud detection is possible, and this book describes the various analytical techniques your organization must implement to put a stop to the revenue leak. Examine fraud patterns in historical data Utilize labeled, unlabeled, and networked data Detect fraud before the damage cascades Reduce losses, increase recovery, and tighten security The longer fraud is allowed to go on, the more harm it causes. It expands exponentially, sending ripples of damage throughout the organization, and becomes more and more complex to track, stop, and reverse. Fraud prevention relies on early and effective fraud detection, enabled by the techniques discussed here. Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques helps you stop fraud in its tracks, and eliminate the opportunities for future occurrence.
Category: Computers

Data Management Analytics And Innovation

Author : Neha Sharma
ISBN : 9789813299498
Genre : Technology & Engineering
File Size : 72.47 MB
Format : PDF, ePub, Mobi
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This book presents the latest findings in the areas of data management and smart computing, big data management, artificial intelligence and data analytics, along with advances in network technologies. It addresses state-of-the-art topics and discusses challenges and solutions for future development. Gathering original, unpublished contributions by scientists from around the globe, the book is mainly intended for a professional audience of researchers and practitioners in academia and industry.
Category: Technology & Engineering