Nordic People Analytics Summit — Last week, a significant event took place, not only for HR and People Analytics practitioners but also for establishing HR as a strategic part in the data-driven business. We already see that HR is progressively going through a transformation from an intuitive and gut-based department to an empowered and intelligent function that can be a true partner of the CEO.
Søren Kold will be presenting on How COVID-19 framed the need for speed in People Analytics at the second edition of the Nordic People Analytics Summit 2020. We had the pleasure to catch up with him on the subject of his NPA Summit presentation, as well as his views on the state of HR and people analytics.
This week on September 16th and 17th, some of the leading experts in HR and People Analytics will share and discuss how to harness data, advanced analytics and AI to maximise data-driven decision making in HR as well as boost the HR impact to the organisational bottom line.
People are social beings and we continue our inherent social interaction in our workplace as well. We form complex networks and relationships at our workplaces that charts and excel sheets can’t capture. Therefore it’s necessary to look closely at a different type of data that can give a more accurate and realistic understanding of our employees.
And during these times of uncertainty and disruption, Human Resources has gained a central and decisive say in the corporate rooms for managing the pandemic crises and forging working procedures in the economy reboot. In this regards, HR and people analytics is a powerful tool in the hands of CHROs and Heads of HR analytics in their mission to keep people safe while maintaining productivity and work morale in these intensely stressful times.
Key Performance Indicators (KPIs) are probably one the most ever used and less understood in term of the business and analytics. They are a business metric used to evaluate factors that are crucial to the success of an organization and differs from company to company and department to department. It is one of the most important company’s strategic decisions which involve a series of interviews with stakeholders and acting as a strong strategic decision for each company.
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