The process of implementing people analytics
5 key steps to implementing people analytics into your organization
STEP 1: Introduce your team to People Analytic
STEP 2: Identify the problem
STEP 3: Find out the cause of the problem
Now that you've identified a problem, you should research and look for possible causes. This step also includes figuring out how and why the problem occurred. You may notice that employees are dissatisfied with their jobs or are influenced by the workplace environment. This is a critical stage since you want to prevent rerunning into the same issues in the future.
STEP 4: Set your goal
In this step, you must determine your objective and ensure that your goals are SMART: Specific, Measurable, Achievable, Relevant, and Timebound. In this way, you will have a deeper understanding of your objectives, comprehend your organization's measures, and effectively manage your expectations.
Your organization's mission and vision statement can help you think of a goal if you're having trouble coming up with one. Your company's culture and mission must be in sync with your goals since this will help you and your organization determine which specific goals you want to achieve.
STEP 5: Create a strategy
STEP 6: Gather and analyze the data
In this step, you will have to apply the strategy you came up with and utilize the appropriate tools and software in gathering the data. You will have to identify what type of data you are dealing with and collect all the necessary information.
After gathering the data, you can now analyze that information and address the identified problem. Which tools to use will depend on the kind of data and the type of analysis required.
STEP 7: Use the analysis and implement a course of action
Lastly, utilize data analysis technology not just to track trends and understand recommendations, but most importantly, implement a course of action that will deliver tangible benefits.
It is essential to use those findings to plan for your next step in your strategy and guide further decisions in your business or organization. Improving your organizational processes is a continuous process, and leveraging the technology is just one way to ensure that you have the foundation for success.
People analytics may seem overwhelming to implement at first, but once you understand the basics and get the hang of it, you will realize how manageable it is and the significant positive impact it will have on your organization. The key is to recognize that you do not have to do everything on your own. Even if you don't have a team member with you, you can inquire or research what methods other firms have in place for their employees. It is critical to establish a network because, while people analytics is all about data, it is also about people.