Applying Advanced Analytics to HR Management Decisions

Applying Advanced Analytics to HR Management Decisions : Methods for Selection, Developing Incentives, and Improving Collaboration

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Dramatically improve human capital management decisions by applying advanced analytics and "Big Data" technologies and processes! Pioneering HR technology expert James Sesil identifies widespread flaws in today's HR decision-making processes, and reveals how advanced analytics can help organizations make far more robust decisions about employee selection, performance management, strategy alignment, collaboration, and more. In this book he shows how to integrate Business Intelligence, ERP, Strategy Maps, Talent Management Suites, and advanced analytics -- and use them together to make far better decisions. You'll learn how to measure and improve the value of HCM decision-making in workforce/succession planning, talent acquisition, career development, corporate learning, and beyond. Sesil teaches key lessons from sources ranging from online dating services to Moneyball-style sports player selection processes. He shows how to systematically improve decision-making through more complete and sophisticated collaboration and new Collective Intelligence approaches.You'll learn how to use both internal and external data sources more effectively, and review a wide variety of advanced tools now available from vendors such as OrcaEyes, Vemo, Aruspex, Peoplefluent, Infor/Lawson, DecisionLens, Oracle, Ultimate, Cogniti, IBM, SAP, and Microsoft. Sesil concludes by demonstrating how to build "data driven" cultures and organizations that truly want to bring objectivity to decision-making, and will actually use these remarkable new tools. This book will be an invaluable resource for every HR executive, manager, analyst, and IT professional seeking new opportunities for competitive advantage through human capital and technological more

Product details

  • Hardback | 224 pages
  • 152.4 x 233.68 x 17.78mm | 340.19g
  • Pearson Education (US)
  • Upper Saddle River, United States
  • English
  • black & white illustrations, figures
  • 0133064603
  • 9780133064605
  • 809,842

About James C. Sesil

James C. Sesil is currently developing state-of-the-art HR decision support software utilizing the newest machine learning and AI technologies. He has ten years' experience teaching at the London School of Economics, Rutgers University, and City University of Hong Kong. Sesil's work has won three best paper awards from the Academy of Management and the Labor and Employment Research Association and has been covered in The New York Times, BusinessWeek, and The Financial Times. He spent eight years in HR roles at Control Data, Honeywell, and Cargill, Inc., and he holds a Ph.D. from the London School of more

Back cover copy

Using advanced analytics and Big Data, you can build an organization that s more collaborative, inclusive, merit-based, and successful. In this book, pioneering HR technology expert James Sesil shows how to use advanced analytics to optimize HR decision-making: workforce/succession planning, talent acquisition, career development, performance management, strategy alignment, and more. Writing from the HR leader s perspective, Sesil distills important new research on decision-making, helping you leverage key advances in behavioral economics, psychology, and machine learning. You ll learn how to make better human capital management decisions by combining advanced analytics, expert knowledge, and your best intuition. Sesil covers core concepts, data sources, advanced tools, predictive modeling techniques, and much more. You ll learn how to integrate and leverage information you may already possess and build a data-driven culture that brings new clarity to all your HR decisions. Beyond suboptimal and irrational HR decision-making Lessons from Kahneman and beyond: eliminating bias without abandoning intuition Leveraging the latest insights into employee collaboration and motivation Using advanced analytics to promote cooperation and performance Finding and maximizing important new sources of value Getting the right mix of human capital, management practices, policies, and technology Systematically improving your hiring and incentive decisions Making better hiring predictions and leveraging shared rewards more successfully The complete guide to improving HR decision-making through analytics Leverage advanced analytics and Big Data to build more equitable, collaborative, and successful organizations Improve selection, performance, collaboration, resource planning, and more Develop an analytical culture that consistently relies on facts and reality By James Sesil, the first expert to apply new research findings in Behavioral Economics, Psychology, and Advanced Analytics to HR decision making Organizational success requires the best possible human capital decisions. Analytics can help you systematically optimize those decisions. Too many HR organizations settle for simple descriptive statistics and correlations, when they could be using analytics to drive value in virtually every HR function. Now, James C. Sesil offers a complete analytical blueprint for improving your most pivotal choices: how to hire, reward, motivate, promote collaboration, uncover value, and improve performance. Step by step, you ll learn how to apply well-proven analytic techniques to infuse strategic HR decision-making with unprecedented levels of objectivity and insight. This isn t about abandoning your hard-won human expertise and intuition. It s about complementing and strengthening them to build organizations that are fairer, more merit-driven, andmore effective. "show more

Table of contents

Preface xiv Introduction xvi Chapter 1: Challenges and Opportunities with Optimal Decision Making and How Advanced Analytics Can Help 1 Chapter 2: Collaboration, Cooperation, and Reciprocity 27 Chapter 3: Value Creation and Advanced Analytics 55 Chapter 4: Human Science and Selection Decisions 81 Chapter 5: Human Science and Incentives 101 Conclusion 123 Definitions (Appendix) 129 Endnotes 133 Index 149show more

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