It gives us immense pleasure to announce our next Greytribe live session, being conducted on April 5th, Wednesday from 3:30 PM to 4:00 PM.
This time, there will be an exclusive 30 minutes of LIVE discussion thread with the Expert Mr. Ashutosh Srivastava, Head of India Human Resources, CLSA on the topic ‘Making an impact with People Analytics.’
Requesting members to post their doubts/queries related to People Analytics on this post and get them answered by the Industry Expert on April 5th, 2023.
We thank each one of you for the continuous support and enthusiasm that you bring to the LIVE community session. Your support motivates us and we strive harder every time to come up with new, exciting, and informative sessions. Much appreciated.
Join the Greytribe live session on ‘Making an impact with People Analytics’ and get all your queries answered by expert Mr. Ashutosh Srivastava, Head of India Human Resources, CLSA from 3:30 pm to 4:00 pm on Wednesday, April 5th.
Join us today from 3:30 pm to 4:00 pm to chat with our expert Mr. Ashutosh Srivastava, Head of India Human Resources, CLSA on the topic Making an impact with People Analytics and learn something new. See you sharp at 3.30 PM.
Let’s welcome today’s expert for the session, Mr. Ashutosh Srivastava, Head of India Human Resources, CLSA.
Mr. Ashutosh Srivastava is the Head of India HR at CLSA. He has a rich experience of 20+ years with a motive to make organizations become an employer of choice.
He is responsible for developing and executing human resource strategy in support of the overall business plan and strategic direction of the organization, specifically in the areas of succession planning, talent management, change management, organizational and performance management, training and development, and compensation competitiveness.
He has a proven track record in HR transformation with expertise in Talent Management, Talent Acquisition, HR Business Partnering, Diversity & Inclusion, CSR, Employee Policies, Statutory Compliance, Innovation, and Collaborating.
We are thankful to him for joining our session today as the expert to share his views, expertise, thoughts and knowledge.
Once again, a very warm welcome to you Mr. Ashutosh.
We also open the session for questions after this post.
Any analytics which pertains to People and Human Resources can be termed as People Analytics.
With advent of data story boarding and machine learning algorithms, people analytics has gone to a different level.
In simple terms - people analytics can be defined as analyzing and mulling data with an objective to define patterns and create visualization capabilities for the management to take better decisions for the organization.
It can also be termed as a method of studying all people processes, functions, challenges, and opportunities at work to elevate these systems to achieve sustainable business goals.
People Analytics helps in fetching more outcome from less resources, as it helps in optimizing the resources. As earlier mentioned below are some ways in which overall business goals can be improved through people analytics:
There are various tools in the market available and there are some big and small names.
Tableau — specially for data visualization
SAP Analytics Cloud — specially for predictive analytics
Workday — Considered to be the Best people analytics software for attrition gap detection
However an honest confession – my personal favorite is excel
Also nowadays there are multiple service providers, who may deliver customized solutions to the firm. Those are also great options.
As I have mentioned earlier as well, people analytics helps in fetching more outcome from less resources, as it helps in optimizing the resources. This helps in “drip-feed” the resources at right employees.
There is no carpet bombing of trainings, professional developments and employee benefits. As an organization we can:
Predict Employee and Organization Behavior
Identifying patterns and cycles of attrition and address concern areas
Analyze cost trends and competitiveness of a benefit / training / development
Encourage innovation and enhance productivity
Overall these things will enhance employee experience. In today’s world, “one size fits all” doesn’t work. The bucketized areas of concerns will help deliver customized solution for specific employee/s. Over all high employee satisfaction and improved employee experience
This can be done in multiple ways and to start with are below:
recognizing patterns of role fitment
Predict attrition cycles and do advance hiring
Analyze attrition trends in groups and sub groups, then pass on the understanding to line manages to correct those to reduce infant attrition / early disengagement.