There are two SpeakerSumeet Varghese, SPHR
Topic : HR / Business Analytics
About Topic: Business Analytics
Business Analytics is the process by which businesses use statistical methods and technologies for analyzing historical data in order to gain new insight and improve strategic decision-making. Businesses have long collected and milked various types of data (information) to take a host of decisions and achieve a wide range of business enhancing objectives. However, most of this data traditionally rested in silos within office function, who leveraged it for operational decision-making. With the rise of computing power and statistical software in the last 3 decades, businesses began to consolidate and integrate large amounts of data that was traditionally distributed across the organization. This has led to a profusion of approaches to collect and harvest business data and analyze the data, using a wide range of methods.
Importance of HR / Business Analytics:
HR analytics aim to provide insight into how best to manage employees and reach business goals. Because so much data is available, it is important for HR teams to first identify which data is most relevant, along with how to use it for maximum ROI. It is generally claimed that if there is any aspect of HR operations that HR hates the most, it is numbers and number crunching. And yet HR is often called upon regularly to report various kinds of numbers relating to HR Operations and People. As a matter of fact, HR is not the only one to face such pressure. Various functions including Marketing & Sales, Finance, Operations, Supply Chain are increasingly relying on numbers for reporting and decision-making.
Topic Cover in Data Analytics & HR
- How Data and analytics are redefining Business analytics.
- The various types of analytics that are becoming popular among Business.
- The type of data analytics skills that will be required of professional joining the industry.
An overview of software Tableu. Tableau Software is an American interactive data visualization software company focused on business intelligence. There are 86 participants attended the MDP program.