What's Behind the Surge of Interest in People Analytics?
Episode Description
Can a data-driven approach to managing people at work help organizations make better HR decisions? Wharton professors Cade Massey and Adam Grant share their insights. More: http://knlg.net/1CAqeZO 📂 Human Resources;Technology
Brief Summary
Adam GR and Kade Massie discuss the growing importance of people analytics in hiring, onboarding, and team dynamics.
Key points
- Google's Influence. Google's pioneering work in people analytics has inspired other organizations to follow suit.
- The Rise of People Analytics. Interest in people analytics has surged, with organizations recognizing its importance.
- Onboarding Insights. Meeting your manager on the first day is crucial for new hires' success.
- Hiring Practices. Teach for America excels in understanding effective hiring practices.
- Teach for America's Hiring Secrets. Teach for America emphasizes humility and continuous improvement in their hiring processes.
- The Cost of Bad Hires. Research shows that the costs of a bad hire can be triple that of a good one.
Ask about Knowledge at Wharton
Episode highlights
- Google's InfluenceGoogle's pioneering work in people analytics has inspired other organizations to follow suit.“It started in technology more than any other industry.”0:34Apr 10, 2015
- The Rise of People AnalyticsInterest in people analytics has surged, with organizations recognizing its importance.“People appreciate that this is a very important function.”0:43Apr 10, 2015
- Onboarding InsightsMeeting your manager on the first day is crucial for new hires' success.“The most critical thing is just that you meet your manager on day one.”5:48Apr 10, 2015
- Hiring PracticesTeach for America excels in understanding effective hiring practices.“If I could name one firm that knows the most about their hiring practices, it’d be those guys.”16:45Apr 10, 2015
- Teach for America's Hiring SecretsTeach for America emphasizes humility and continuous improvement in their hiring processes.“We know we're wrong; that kind of humility is a great counterbalance to analytics.”17:44Apr 10, 2015
- The Cost of Bad HiresResearch shows that the costs of a bad hire can be triple that of a good one.“The costs of a bad hire are usually about triple the benefits of a good hire.”18:31Apr 10, 2015
- Collaboration CreepThe explosion of collaboration can lead to burnout and overload in organizations.“Everyone is overwhelmed with the amount of collaboration that they do.”20:13Apr 10, 2015
- Translating Data into ActionHaving great models is not enough; organizations must translate insights into action.“It’s not going to matter unless they can actually persuade and change an organization.”21:47Apr 10, 2015
Episode quotes
Tension
40/ 100Low tension
