Why People Analytics Projects Fail to Deliver Value
According to McKinsey, while 70 percent of company executives now cite people analytics as a top priority; most organizations are still in the early stages of building out their People Analytics capabilities, and spending most of their time cleaning data and streamlining reporting.
How can People Analytics teams make the transition from being seen as a reporting center to fully realizing their potential as a strategic partner to the business and a key enabler for an organization’s data-driven HR transformation?
Building the right people data foundations, understanding the business requirements and what they actually need, choosing and integrating the right datasets, applying the right statistical approach and visualizing data in an easy to understand manner, change management to enable the wider organization to understand how to translate people data and insights into action … there are a lot of different steps involved in ensuring a successful People Analytics transformation, each with its own set of challenges.
This Panalyt webinar is a panel discussion with a stellar group of People Analytics leaders who have previously been involved in People Analytics initiatives at leading organizations such as Uber, McDonalds, Coca-Cola FEMSA, Sanofi, Flipkart, and Swiggy in projects that span all levels of maturity, from getting the basics right, to setting up advanced and predictive analytics, to enabling HRBPs as strategic partners to the business.
While there is no definite recipe for success, we will be asking our panel about their learnings from both successful and failed projects; and what HR leaders and People Analytics teams can do to embed people data and insights at the heart of an organization’s people-decision making at scale.
Panalyt CEO Daniel West, PeopleOPTI CEO Federico Barcos von der Heide, Dlogix CEO Divya Anand and Greg Newman, Director -People Analytics at Deloitte Australia, discuss how to set up your People Analytics initiatives for success:
– Key differences between successful and unsuccessful People Analytics projects
– Examples of unsuccessful People Analytics projects & learnings from why they failed
– Examples of successful People Analytics projects that delivered business value and key drivers for success
Webinar Recording Link
2.12 Panel introductions
11.48 Key differences between successful and unsuccessful People Analytics projects
22.50 Examples of unsuccessful People Analytics projects & learnings from why they failed
35.20 Examples of successful People Analytics projects that delivered business value and key drivers for success
Daniel WestFounder & CEO
Prior to founding Panalyt, Daniel has spent over 20 years in strategic HR leadership roles with some of the world’s top employers such as Uber and Apple, and has experienced first-hand the difficulties all companies face in tying together their people-data, finding meaning in it, and making it transparent to managers and employees alike.
Federico Barcos von der HeideFounder & CEO
Federico has over 15 years as a Human Resources consultant and currently holds the position of Founder & CEO at PeopleOPTI. He has extensive educational training: sociologist, MBA, executive programs in Human Resources strategy, startups, change management and data science at universities such as London Business School, UCLA, Kellogg, Tecnológico de Monterrey and IAE Business School.
Divya AnandFounder & CEO
Divya is a seasoned HR professional with more than 2 decades of strong experience in the global IT industry at organizations like Texas Instruments, McAfee, Flipkart and Cleartrip. Best described as someone with a rare combination of People, Technology and Business understanding, Divya has a passion for brainstorming ideas with industry experts and organizations on developing next generation HR products.
Divya founded a boutique HR Consulting firm Dlogix in 2016 and has enabled several clients including unicorn Swiggy to realize her vision of HR as a key transformation agent for business success.
Divya has recently authored and published a book “Analytics Demystified” – A framework for beginners and students in September 2021.
Greg NewmanDirector - People Analytics
Greg’s role at Deloitte Australia is focused on delivering People Analytics & HR Technology-As-A-Service to empower organisations (and employees) with good data to make better decisions.
Previously Greg was the Client Experience Lead within Human Capital as a Service at Deloitte, enabling clients to leverage Deloitte’s Workforce Analytics platform, and
the Chief Storyteller / People Analytics lead at TrustSphere, helping clients to understand the relationships, communications and networks that power organizations.