People Analytics. Does your business need them?
In recent years, you have probably heard about this new methodology called People Analytics, that promises to be the new Holy Grail of the Human Resources Practices & Processes. But… is this hype for real? Is there water under that bridge? First, let’s clarify why do we mean when we talk about People & HR Analytics:
People & HR Analytics are profoundly rooted in the Business Intelligence processes. Add a bit of Data Science, forecasting and predictive analysis, and voilá: you have a new HR Process that helps HR Managers in decision taking with a data driven approach. Data becomes information, and information becomes insight.