Re-imagining People Analytics to Make Sense of the New World of Work
Deloitte provides a forward-thinking and disruptive viewpoint at the People Analytics Forum 2017.
The latest in human capital research reports seismic changes in the world of business, the economy and wider society. These forces for change are being driven by the unprecedented rate of advancement in technology, which is already changing the context for the workforce, the workplace and the world of work. A new way of thinking is needed to thrive and survive in this new Industrial Revolution, presenting a key challenge for HR and People Analytics.
The number one challenge organisations are facing today is how to incorporate new methods and ways of working presented by the future of work, whilst remaining profitable, competitive and sustainable.
What does this mean for HR and People Analytics?
People Analytics has a fantastic opportunity to make a fundamental impact in how HR can drive decisions and contribute real business value. The days of HR and talent-centric exercises in insight exploration are being consigned to a new wave of maturity in this market. This is defined by the convergence of digital capability, enterprise datasets, and redefined models of business performance.
Working out the impacts, mitigations and control mechanisms needed to thrive in this new industrial revolution is fast becoming the preoccupation of strategic HR professionals, and is being delivered in partnership with their People Analytics teams.
Despite this, being ready to embrace this new dimension of People Analytics is presenting several challenges.
How can we respond to this challenge?
Deloitte perceives this to be the most significant shift in the world of work of this generation. So much so, we have been testing our new approach using our own business and future aspirations.
This has provided us with both an objective and personal perspective on where we see the future direction of workforce insights going, and how we can embrace the future of work with a structured and informed approach.
Making sense of the future of work is presenting a number of challenges, but also a number of opportunities. The more progressive HR functions are already disrupting themselves and their organisations in response to this.
The challenge will be how quickly HR can re-invent itself as a controlling force to lead, advise and ultimately guide the business on where disruption will occur next and how best to integrate it into business as usual.
Laurence is the Partner responsible for People & Workforce Analytics and HR & Technology Advisory Practices in Deloitte and is one of the global leaders of People Analytics. He has led the development and implementation of cognitive applications across critical people processes such as recruitment, workforce planning and HR operational excellence, and in 2016 he received the MCA Consultant of the Year for his work in the area of People Analytics.
Laurence has been developing and leading workforce analytics solutions for over 20 years, and he has continued to be at the forefront of workforce planning and analytics client delivery. He is currently leading a Deloitte global initiative examining how analytics will drive competitive success for clients in a world dominated by the open talent economy and the mass adoption of cognitive automation.
From predictive people insights start-up founder to Deloitte practice leader for the world’s number one workforce analytics advisory firm, Laurence’s work with clients has always involved the development of new capabilities to ensure that HR fully embraces being data-driven and consequently becoming a strategic partner to the business
Plenary Session Re-imagining People Analytics to Make Sense of the New World of Work Deloitte provides a forward-thinking and disruptive viewpoint at the People Analytics Forum 2017. The latest in human capital research reports seismic changes in the world of business, the economy and wider society. These forces for change are being driven by the […]