HR Geckos: Workforce Analytics Quiz and Flashcards

What is one of the learning objectives of HR Analytics mentioned in the text?

What is a key aspect to evaluate in an HR management plan for success according to the text?

What are some skills needed for HR Analytics as per the text?

What does descriptive HR analytics focus on?

What does prescriptive analytics involve?

How does HR analytics differ from HR metrics?

What are the aims of HR analytics?

What are the challenges in HR analytics?

What does HR analytics aim to align around common goals?

What methods and techniques are included in HR analytics?

What is the main focus of predictive analysis?

What are the proposed steps of analytics?

What does HR analytics measure the strategic value of?

What is the main focus of descriptive analytics?

What is the main focus of prescriptive analytics?

HR Analytics: Methods, Skills, and Challenges

HR analytics involves understanding the causal relationship between HR practices and organizational performance outcomes
Descriptive HR analytics focus on cost reduction and process improvement, revealing and describing relationships and current and historical data patterns
Predictive analysis uses current and historical data to make predictions about the future, involving models for workforce selection and promotion
Prescriptive analytics goes beyond predictions and outlines decision options and workforce optimization, involving models for understanding the impact of learning investments
The five proposed steps of analytics include recording work, relating to organizational goals, benchmarking, descriptive analytics, and prescriptive analytics
HR analytics differs from HR metrics, as the former focuses on improving employee performance while the latter measures the value provided by the HR function
HR analytics aims to recognize factors affecting employee satisfaction and productivity, determine individual KPIs, and demonstrate HR's contribution to corporate goals
It aligns people, processes, and technology around common goals, measures the strategic value of human capital investments, and supports fast, strategic decision-making
Challenges in HR analytics include inconsistent and inaccessible data, data quality issues, lack of standard methodologies, executive buy-in, skill gaps, funding issues, and timing problems
HR analytics methods and techniques include BCG matrix, brainstorming, benchmarking, gap analysis, mind maps, Pareto principle, six questions, and SWOT analysis

Test your knowledge of HR analytics methods, skills, and challenges with this quiz. Explore the different types of HR analytics, understand the steps involved, and learn about the differences between HR analytics and HR metrics. Delve into the aims of HR analytics and the methods and techniques used, while also gaining insight into the challenges faced in this field.