Measuring the Value of Your Greatest Asset: Human Capital Analytics
September 27, 2013
Hosted by Olivia Parr-Rud
To remain competitive in our fast-paced, high-tech, global economy, we must leverage our greatest asset, our human capital. Historically, human resource investments have been difficult to measure. Thankfully, that is changing... With the amount of data and computing power available today, it is now possible to design, test, and measure our human capital investments with confidence. This week we’ll discuss the steps to effective capital analytics including how to work with your stakeholders to decide what to measure, how to design a plan to include subject alignment and measurement, how to track your investments through your dashboard using descriptive statistics and correlations, how to optimize beyond business impact and ROI to descriptive statistics, and how to share the results in a way that can effect organizational change. Please join me and my guest, Gene Pease of Vestrics (formerly Capital Analytics), as we explore the value and benefits of human capital analytics.
Quantum Business Insights with Olivia Parr-Rud
Archives Available on VoiceAmerica Business Channel
In today’s fast-paced, high-tech, global economy, the business landscape is constantly changing. The confluence of big data, emerging technologies, and global connectivity puts unprecedented pressure on companies to become more innovative and agile. To maintain a competitive edge, companies must constantly adapt while continuing to identify and exploit new opportunities. Interestingly, new models are emerging from science and nature that offer a unique perspective – one that sees our global economy as a highly interconnected, continually evolving complex adaptive system. These models unveil powerful insights for optimizing our business strategies and processes. Each week on Quantum Business Insights, Olivia explores these concepts with thought leaders from around the globe. We look for ways to leverage their insights to ignite innovation, inspire our workforce, and create positive outcomes for our companies, our communities, and the planet.
Olivia Parr-Rud is a renowned thought-leader, speaker, author, and consultant in the areas of business intelligence, innovative leadership, and organizational alignment. She is considered a pioneer in the integration of data science and holistic organizational practices that deliver success through the optimal blending of quantitative and qualitative methodologies and practices.
Her early research and innovative advancements in data mining and business intelligence led to the writing of her best-selling book, Data Mining Cookbook, Modeling for Acquisition, Risk and Customer Relationship Management (Wiley, 2001). Realizing the need for enhanced human competencies in fast-paced, high-tech organizations, she was inspired to conduct research in the areas the communication, collaboration, innovation, adaptability, and leadership. This led to the unveiling of links between the global economy, organizational dynamics and complexity science, highlighted in her second book, Business Intelligence Success Factors, Aligning for Success in a Global Economy (Wiley/SAS, 2009).
Olivia lectures and consults internationally in the areas of business intelligence, communication, innovation, and leadership. Her current research is focused on psychology, human capital, brain science, quantum physics, evolutionary biology, systems theory, and complexity science. She holds a BA in Mathematics and an MS in Statistics.