Calculating Success: How the New Workplace Analytics Will Revitalize Your Organization

by Carl Hoffmann, Eric L. Lesser, Tim Ringo

Create an Organization That Runs on More than Intuition and GuessworkMost companies today have access to reams of marketing, supply chain, finance, as well as critical data about their workforce. Yet research shows that leaders at these companies lack the confidence to effectively integrate and use this data to compete more effectively in the marketplace. While executives know the results they need to achieve, they often fail to analyze the impact of their decisions on the firm, its processes, and its people.Enter Calculating Success, written by a trio of experts who have spent decades working with companies to more effectively apply human capital data to improve organizational outcomes. Calculating Success shows readers how they can take an analytical approach to both anticipate and address the changes required by a company’s competitive environment, and drive superior performance.Using an innovative six-step framework and introducing new tools, the authors show executives how to make smarter strategic decisions by evaluating the data at their fingertips.The framework will help • Analyze the work that needs to be done and know how to structure it• Provide the right types of people to do it• Motivate them to engage in that work• Explore innovative ways to get the work doneFull of detailed examples and case studies, Calculating Success will help you rethink the relationship of talent to business success. The result? A more motivated and cost-efficient workforce and a sustainable, systematic approach to acquiring talent and innovating how work gets done.

246 pages, Kindle Edition

First published December 1, 2011

Reviews

[Ariadna73 · Rating 3 out of 5]

This is a book on workforce analytics
Hiring people using science.
Analytics is the connective tissue between Vision and action. There is more measurable value [here] that meets the eye
If it is sought out and quantified. Taking a structured approach in this case [MY APPROACH] and combining it with the right expertise and sponsorship can unlock immense value.
What needs to be done? Is the workforce prepared to do it?
Six step process
1. Frame the central problem
2. Use a conceptual model.
3. Capture relevant data
4. Apply analytical methods
5. Present findings.
6. Define actions.
Apply an analytical method to determine workforce demand
Collaboration knowledge capital is Valuable.
"People may be our most important asset, even our most expensive asset, but hey are rarely our most measured asset".

[Shringar Bhuwania · Rating 4 out of 5]

Good heavy read on workforce analytics. The examples quoted were real live case studies which were good. Shows a 6 step model to apply whenever one encounters any problem which is simple and intuitive. The only drawback was to build an understanding on different analytical methods used a little more in depth. Overall loved the book on how it links the organization problem statement with solutions from analytical lens.