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Transforming HR Data Management: How Hoosiers Leveraged Panalyt for Accurate Insights and Strategic Collaboration (Case study)

2023-07-27
Transforming HR Data Management: How Hoosiers Leveraged Panalyt for Accurate Insights and Strategic Collaboration (Case study)

About

Company: Hoosiers Holdings
Employee size: 902
Industry: Real Estate

Interviewee:
Mr. Issei Hirohata, Recruitment Planning Division, Human Resources Department

Interviewer:
Jumpei Kato, Customer Business Partner, Panalyt Inc.

Background

Hoosiers Holdings Co., Ltd., with a workforce of several hundred employees, faced challenges managing HR data. The company relied on Excel spreadsheets, resulting in frequent errors and uncertainty in data accuracy. This lack of reliable data impacted key decisions, particularly in employee management and organizational planning.

Challenges Before Panalyt

Hoosiers struggled with:

  • Data accuracy: Errors in employee records such as termination dates, gender, and employee categories.
  • Manual data cleansing: All data corrections were performed manually, leading to inconsistencies.
  • Lack of cross-functional collaboration: Communication between the HR department and Corporate Planning was ineffective, especially in meeting data standards.

Solution: Implementing Panalyt

Hoosiers adopted Panalyt’s HR data analytics platform to address these issues.

  • Data Accuracy: Panalyt streamlined data cleansing, identifying discrepancies in employee records, such as missing termination dates and inconsistencies between subsidiaries’ HR data. This led to significant improvements in HR data accuracy.
  • Data Visualization: Panalyt’s advanced visualization tools allowed Hoosiers to clearly analyze key metrics like employee attrition rates, segmented by department, gender, and position.

Impact

  1. Improved Decision-Making:
    • Accurate Attrition Insights: With a clearer understanding of attrition trends, Hoosiers identified a higher-than-expected female attrition rate. This prompted the board to accelerate policies to improve female representation in management, addressing the issue proactively.
    • Training Initiatives: Data revealed that younger employees had higher attrition rates, leading Hoosiers to implement targeted training programs to improve retention among this group.

  2. Enhanced Cross-Functional Collaboration:
    • HR & Corporate Planning Alignment: Panalyt improved communication between HR and Corporate Planning, enabling more effective discussions on HR data quality. As a result, both teams now work together to improve data standards, fostering a more collaborative environment.

  3. Democratization of HR Data:
    • Panalyt facilitated a greater understanding of HR data across different departments, encouraging team members who previously had little interest in HR data to recognize its importance and actively engage in data-driven discussions.

Conclusion

Through Panalyt, Hoosiers Holdings successfully transformed their HR data management process. They moved from a manual, error-prone system to one that promotes data accuracy, informed decision-making, and cross-departmental collaboration. Panalyt not only provided tools but acted as a partner, supporting the company’s broader goal of data democratization and organizational improvement.

Key Takeaways

  • Accurate HR data is critical for informed decision-making at all levels of an organization.
  • Effective data tools like Panalyt can enhance cross-functional collaboration and break down silos.
  • Addressing discrepancies in HR data can lead to significant improvements in organizational policies, especially around employee retention and diversity.