Data & Metrics
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HRIS Support
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Computer Economics does a survey about the TCO of IT support for ERP applications. While the executive summary is almost totally useless, it’s obvious that in HR, HRIS support and HR dedicated IT support is almost always understaffed and under…
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CedarCrestone 2008-2009 HR Systems Survey
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It’s not often that you get to see the results of a survey before the submission deadline is up, but Lexy Martin shared a few preliminary numbers with me. While these are very preliminary numbers, it’s interesting to see the…
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The Value of HR Technologies
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The following was contributed by Lexy Martin of CedarCrestone on a very interesting study highlighting key ROI metrics behind HR technologies: With ten years of survey data, and lots of experience doing business cases for HR technologies, CedarCrestone (Lexy Martin)…
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Changing the Numbers Game
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Recruiting is an equation of numbers. So many candidates = so many applicants = so many interviews = so many new hires. This is a well known strategy in many sales organizations that the number of leads eventually results in…
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The Right Metrics
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Knowledge@Wharton had a great article recently about performance drivers. Here’s a brief excerpt: As the Dean of a business school, you decide that the best reflection of winning is BusinessWeek’s rankings. These are prominent reputation scores created by a third…
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Game Theory and HR
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If you haven’t figured out by now, I have a degree in Economics. Game theory as published by the Stanford Encyclopedia of Philosohy is “the systematic study of interdependent rational choice. It may be used to explain, to predict, and…
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IBM to Buy Cognos
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Right on the heels of SAP and Business Objects is the IBM and Cognos announcement. Once again and like SAP, IBM didn’t need the capabilities. They are in all probability doing this to pick up market share and taking a…
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SAP to Buy Business Objects
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Perhaps this is in reaction to Oracles buying Hyperion. I always thought that SAP’s Business Warehouse product was pretty good. Then again, PeopleSoft EPM isn’t bad either, and Oracle felt the need to go out and continue their buying spree….
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The Toyota Way: Principle 7
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Use visual control so no problems are unhidden. One of the best modern tools we have is the data warehouse and the dashboard. We have totally current metrics available to any of us, if we would just implement the technology. …
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Business Intelligence: Data Marts and Cubes
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Continued Business Intelligence: Data Marts Life finally gets exciting. We’ve loaded our data through the ETL into an ODS. We’ve enriched the data into a usable form for aggregated, multidimensional reporting. Now we just need to create the facilities for…
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Business Intelligence: ODS and Enriched Data Warehouse
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Continued Business Intelligence: ODS So once you’ve gotten through your first round of ETL, you’ll have to load the data somewhere (the “L” in ETL). The ODS, or operational data store, is where all the raw data gets loaded. This…
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Business Intelligence: Introduction and ETL
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Most normal HRIS people who sit around dealing with their normal HRIS and talent management systems haven’t given much thought to business intelligence much beyond the standard reporting capabilities provided by their applications of choice. A few might have gone…
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CedarCrestone 2007 Analytics Report
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CedarCrestone recently pushed out their 2007 Analytics survey. While I’m not sure my own experience matches theirs, there are some interesting trends to at least be noted. You can find their full version of the survey here. In general, when…
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How to Lie With Analytics
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I was listening to a presentation being given by a timekeeping vendor. Within the demonstration, a report was run providing a detail of when people decided to take sick days, and the report stated that the large majority of sick…
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HR’s Decision Support
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SHRM’s study of HR technology competencies (no link, but easy to find if you’re a member) revealed some not so surprising facts last year. According to them (and every other study we get out of the HR vendor industry) more…
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HR Function KPI’s
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HR function KPI’s are defined the same way as Human Capital KPI’s except that they are internally focused, rather than focused on the broader organization. One should not be blind to the large amount of overlap that the two types…
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Human Capital KPI’s
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HR key performance indicators can be both incredibly difficult or quite simple to generate, depending on the type of indicator you’re looking for. The main problem with your KPI’s is that you need to first make the switch between simple…
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When the ROI Does Not Equal BS
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Colin had an article that I loved about ROI. I’ve long since abandoned ROI for TCO and my compatriot Donald Glade I’m sure has similar feelings. You shave a nickel off every $5 bill that passes by, and at the…
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Quantifying Competency’s Effect on Productivity
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A recent McKinsey survey published in Mckinsey Quarterly ((Reineke, Spiller, Ungerman, 2007. “The Talent Factor in Purchasing.” McKinsey Quarterly 2007 Number 1. Page 6)) highlighted a study on the purchasing organization and the correlation of core competencies to an organization’s…
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HR Versus Finance – Influence, Power, and a Seat at the Table Part 2
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Lowell Bryan wrote in the McKinsey Quarterly that there is a new metric around: Times have changed and ROIC is no longer important – the new metric is profit per employee. ((Bryan, Lowell, 2007. “The New Metrics of Corporate Performance:…