The New HR Analytics: Predicting the Economic Value of Your Company's Human Capital Investments
In his landmark book The ROI of Human Capital, Jac Fitz-enz presented a system of powerful metrics for quantifying the contributions of individual employees to a company’s bottom line. The New HR Analytics is another such quantum leap, revealing how to predict the value of future human capital investments. Using Fitz-enz’s proprietary analytic model, readers learn how to measure and evaluate past and current returns. By combining those results with focused business intelligence and applying the exclusive analytical tools in the book, they will be able to: Evaluate and prioritize the skills needed to sustain performance • Build an agile workforce through flexible Capability Planning • Determine how the organization can stimulate and reward behaviors that matter • Apply a proven succession planning strategy that leverages employee engagement and drives top-line revenue growth • Recognize risks and formulate responses that avoid surprises • Support decision making by predicting the actions that will yield the best returns Brimming with real-world examples and input from thirty top HR practitioners and thought leaders, this groundbreaking book ushers in a new era in human resources and human capital management.
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The future competencies of Human Resources as a true "Strategic Business Partner" lie within these pages. Invaluable models, worksheets, decision making tools, planning documents & toolkit included. Case studies and articles also provide real-life examples of implementation strategies. Wealth of references cited throughout from other HR Analytic thought leaders. Descriptive Analytics, Prescriptive Analytics, Causal Analysis, Human Capital Metrics, Human Capital Analysis, HCM:21 - Human Capital Management for the 21st Century.