People analytics has played a key role in transforming how HR leaders make decisions.
It is more than just an emerging HR trend today, it has become central to an organization’s broader people strategy.A research study conducted by Corporate Research Forum found that 69 percent of organizations with 10,000 employees or more now have a people analytics team.
To help you understand how these high-level applications of people analytics will impact future business dynamics, we have listed four people analytics trends that are shaping the future of work.People Analytics Trend #1: Moving from Descriptive to Predictive AnalyticsMost HR departments relying on people analytics use descriptive analytics to inform their HR decisions.
Predictive analysis is the process of analyzing historical and real-time data to predict future outcomes using artificial intelligence (AI) algorithms to provide insights.
https://is.gd/NBPmt3 People Analytics Trend #2: Cognitive Computing Empowers People AnalyticsYou might all be familiar with the spooky yet exciting applications of AI.
Anshul Sheopuri, former Director of the People Analytics, and now VP and CTO, IBM, quoted in an interview that “in the cognitive era, the role of the HR practitioner will evolve to one of a consultant who can nimbly leverage cognitive solutions and add value where the technology has ‘blind spots’.”People Analytics Trend #3: Shifting Focus from Individuals to Organizational Network AnalysisMost people analytics models focus on individual employees.