From the course: People Analytics

Unlock the full course today

Join today to access over 22,600 courses taught by industry experts or purchase this course individually.

How people analytics drives impact

How people analytics drives impact

From the course: People Analytics

Start my 1-month free trial

How people analytics drives impact

“

- One of the big issues that I think you have to think about in People Analytics is what do you work on? The most common, sort of easiest problem to look at is retention 'cause most companies have some level of turnover they're not happy with, and they would like to reduce that. And the benefit of reducing turnover is very high because not only do you save time and money on recruiting people and getting them back into the company, but when you lose somebody, you lose institutional knowledge, you lose relationships, you lose expertise. It's a big thing when you lose people. So number one probably project or application is look at the retention of your organization. Where is it high, where is it low, what can you correlate against it? Above that are issues of performance. And the first place I always recommend people look is in the sales organization. If you can improve sales productivity by two, three, four, five percent, that's worth millions of dollars to most companies, sometimes…

Contents