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THE POWER OF HR ANALYTICS TO DRIVE AGILITY

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Page 1: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

THE POWER OF HR ANALYTICS TO DRIVE AGILITY

Page 2: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

AGENDATHE IMPORTANCE OF ORGANIZATIONAL AGILITY

THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY

USING PEOPLE ANALYTICS TO BECOME TRULY AGILE

Page 3: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

WHAT DOES ‘ORGANIZATIONAL AGILITY’ REALLY MEAN AND WHY IS IT IMPORTANT?

Page 4: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

ORGANIZATIONAL AGILITY

The ability to sustain performance over time

through the capacity to rapidly sense and respond

to opportunities and challenges – both novel and

familiar – while maintaining its balance to progress

core business objectives.

Page 5: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

SLOWVS.

FAST

Page 6: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

TRUE AGILITY REQUIRES BOTH VELOCITY AND A STABLE BACKBONE

Ve

loc

ity

& A

da

pti

ve

ne

ss I

nd

ex

Stabilizing Backbone Index

CHAOTIC & INCONSISTENT

TRULY AGILE

AT RISK PLODDING ALONG

Page 7: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

Percent of surveys represented

24%CHAOTIC & INCONSISTENT

12%TRULY AGILE

11%AT RISK

53%PLODDING ALONG

Ve

loc

ity

& A

da

pti

ve

ne

ss In

de

x (

z-s

co

re)

Stabilizing Backbone Index (z-score)

ORGANIZATIONS IN OUR DATABASE

SKEW SLOWWHILE MOST HAVE SUFFICIENT BACKBONE

Page 8: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

QUADRANT

PERCEPTIONS OF SHORT-TERM PERFORMANCE FAVOR

At Risk Plodding Along

Chaotic & Inconsistent

Truly Agile

‘TRULY AGILE’

0%

24%

55%

Random chance (25%)% of top quartile perceived same year performance

Page 9: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

0%

24%

55%

48%

26%

3%0%

10%

20%

30%

40%

50%

60%

PERCEPTIONS OF SHORT-TERM PERFORMANCE FAVOR ‘TRULY AGILE’ QUADRANT

PERFORMANCE PERCEPTIONS BY AGILITY QUADRANT(S)

At Risk Plodding Along Chaotic & Inconsistent

Truly Agile

Proportion of surveys in

quadrant(s)

Top Quartile Performance

Bottom Quartile Performance

Page 10: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

4%

6%

16%10-YEAR EBITDA GROWTH % 2007-2017

LONGER-TERM PERFORMANCEALIGNS WITH PERCEPTIONS

Database average (6%)

At Risk Plodding Along

Chaotic & Inconsistent

Truly Agile

Page 11: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

ANY OTHER

AGILE OUTCOMES?

FEWER job searches

INSPIRING managers

CAREER opportunities

MORE organizational pride

DEVELOPMENT emphasis

PRODUCT DESIGN emphasis

Page 12: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

WHAT DO AGILE ORGANIZATIONS DO DIFFERENTLY?

Page 13: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

AGILE VS. AT RISKPRACTICE DIFFERENCES

vs.

TRULY AGILE GROUP is statistically higher than the AT RISK GROUP on:

STRATEGIC RISK

LEARNING CULTURE

MANAGER COMMITMENT

TRUSTING, TRUSTED SENIOR MANAGEMENT

Page 14: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

AGILE VS. AT RISKPRACTICE DIFFERENCES

vs.

TRULY AGILE GROUP is statistically higher than the AT RISK GROUP on:

MORE COLLABORATION

FEWER POLITICS

MORE TECHNOLOGY

LESS ADMIN

Page 15: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

HOW CAN I USE ANALYTICS TO DRIVE WORKFORCE AGILITY?

Page 16: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

INSIGHTS ABOUT WHERE AND HOW TO BUILD, BUY, BORROW AND BOT

EVOLVING TO AN AGILE WORKFORCE

TALENT ECOSYSTEM

BUILDWORKFORCE

SKILLS & EXPERIENCE

BORROWADAPTIVE

WORKFORCE

BOTROBOTICS & AI

BUYHIRE, ACQUIRE

Page 17: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

EXAMPLE ROLE MIX UP TO:

(AI/Robots)TECHNOLOGY HUMAN

DATA SCIENTISTS

IT MANAGERS

IT BUSINESS ANALYSTS

WORKFORCE INSIGHTS

CURRENT WORKFORCEUnderstand where you are today

OPTIMAL WORKFORCE MIX

40%

60%

40%

60%

40%

60%

Adaptive workforceFOR A COMPLETE PICTURE

Page 18: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

SP

LINE STYLE REPRESENTS

SKILLS TRENDS

Total Cost Total Revenue FTE Headcount

$6.5B $6.5B 181,256 192,793

Geography Talent SegmentOrganizational Unit

SELECT SKILL

Python

Company

Industry

Industry Leader

INDUSTRY LEADER

Google

SELECT RELATED SKILL

C/C++Year

Skill Demand Python C/C++

X1

X2

201820172016201520142013

INDUSTRY

Information Technology

WHAT NEW SKILLS ARE TRENDING?

Page 19: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

ANALYTICS AS UNIQUE AS YOU

PRIORITIZE BUSINESS IMPACT

ANALYTIC TALENT IS ‘ADAPTIVE’

PERFECT DATA NOT REQUIRED

TRULY AGILEUSING PEOPLE ANALYTICS TO BECOME

Page 20: Power of HR Analytics to Drive Agility · THE POWER OF ANALYTICS TO DRIVE WORKFORCE AGILITY USING PEOPLE ANALYTICS TO BECOME TRULY AGILE. ... ORGANIZATIONAL AGILITY The ability to

DISCUSSION

MICHAEL BAZIGOS, PhDManaging Director, Accenture StrategyGlobal Head, Organizational Analytics Practice

[email protected]