People Analytics - Skill Driven Use Cases - Day 5 PDF

Summary

This document covers skill-driven use cases for people analytics, with specific sections on new norms, quick recap, questions, resume screening, taxonomy, and inferred taxonomy. It describes a "Show Case" on inferred taxonomy from real data and an overall index. High-level architecture, employee recommendations, career progression, hidden potential, headcount planning, upskilling/reskilling people, skill-based compensation, high-potential coaches/experts, and influencers/informal leaders are also detailed. The document aims to provide various skill-driven use cases and potential impacts for management.

Full Transcript

New Norms NAN z * Itis not possible to leave the class before the end of the class (15 mins. before) except in the case you hav...

New Norms NAN z * Itis not possible to leave the class before the end of the class (15 mins. before) except in the case you have written reason/advice. * |f there is noise | will ask people to leave the class just in respect of the rest of the people who really want to listen. * |f there are individual computer issues they will be solved at the end of the class or any time during the week. The class could be followed with a colleague in the meantime. CCCCCCCCC DDDDDDDDD Skill Driven Use Cases 8-10/10/2023 CCCCCCCCC DDDDDDDDD Quick Recap. "ELT, Questions ERANCIO z What are the two ways we can get skills? What Al models do we use? SOO What is a taxonomy of skills? How you will get paid in a Skill Driven Organization? How is the work in a Skill Driven Organization? Ul Moreor less agile U Retention is lower? W Engagementis higher? What is better a Expert Driven Tax or Skill Driven Tax? U Resume Screening using Machine Learnlng 1 u FRANCISCO Resume Screening using Machine Learning | Kaggle , Y Use of Phyton - Y Explain Practice Y Try Y Data file in Canvas Infer taxonomy from data - 5E virona and use for Recommendations lZ Y Use of Neo4) for Taxonomy Y Explain Practice TA FRANCISCO DE VITORIA z SHOW CASE: Inferred Taxonomy from Real Data Clusters of Skills & Explain how this could be used for Skill Driven Use Cases. TAT, Index be z U Skill Driven Use Cases for Talent Management High Level Architecture Applicant * HCM/Skills s, * Jos U + +tracking — Connections Marketplace Tracking System Systems [ Talent Identification R. En Learning Recommendatio U S E : : Suggest Next Role i Skill Driven Use Cases nn DE VITORIA U EMP LOYE E RECO MMENDATI O NS Leveraging Skills Proximities and Network Connections * Use Case: Recommend the best learnings, skills to train based on similar people, based on areas to grow, based on demand, based on classification (upskilling/ new skilling) * Potential Impact: “..providing promotional and lateral opportunities for current employees positively boosts morale and makes your current staff members feel their talents, capabilities, and accomplishments are appreciated..” https://neo4j.com/graphgists/competency-management-a-matter-of-filtering-and-recommendation-engines/ Skill Driven Use Cases nn DE VITORIA U CAREER PROGRESION Use Case: Recommend best position based on matching skills Potential Impact: “..providing promotional and lateral opportunities for current employees positively boosts morale and makes your current staff members feel their talents, capabilities, and accomplishments are appreciated..” 11 Career FRANCISCO DE VITORIA Progression 12 Skill Driven Use Cases nn DE VITORIA U HIDDEN POTENTIAL Use Case Enabler: Infer hidden potential processing additional sources of information and using natural language processing. Potential Impact: “...connecting silos of information discover hidden data that could be valuable to get 3602 visibility over workforce talent and helps identify candidates for reskilling or upskilling programs..” https://www.equiposytalento.com/tribunas/accenture-technology/en-busca-de-figuras-ocultas-el-genoma-del- empleado https://eightfold.ai/blog/unlocking-hidden-talent-at-activision- blizzard-with-justin-ghio/ 13 Hidden Potential - Sample nn DE VITORIA DEVELOPS REQUIRES TAGGED Skill Driven Use Cases nn DE VITORIA U Gaining Data Driven Insights & Assisting HR with H EA DCO U N T P LA N N | N G Strategic Decisions to be ahead of the Competitors Use Case: ldentify existing potential supply pools to leverage rather than recruiting/contracting Potential Impact: “.allowing analysis of workforce performance, identify knowledge and capacity gaps, uncover opportunities for cost reduction, and help plan for growth... ” 15 Skill Driven Use Cases nn DE VITORIA U Helping Employees Grow and Following U PS KILLABLE Business Strategic Priorities RESKILLABLE PEOPLE Increasing Organizational Agility Use Case: Identify people to upskill/reskill to priority skill areas to meet coming demand. Encouraging employees to continuously enhance their skills through training and development programs, which could lead to increased compensation as they acquire new skills or improve existing ones. Potential Impact: “..providing promotional and lateral opportunities for current employees positively boosts morale and makes your current staff members feel their talents, capabilities, and accomplishments are appreciated..” 16 Skill Driven Use Cases nn DE VITORIA U SKILL BASED COMPENSATION Use Case: Rewarding employees based on their specific skills, knowledge and expertise, rather than solely on their job title and tenure. Employees are compensated according to the unique skills they bring to the organization. Potential Impact: “..incentivizes employees to continuously develop and apply their expertise to benefit both themselves and the organization..” 17 Skill Driven Use Cases z HIGH POTENTIAL, COACHERS, EXPERTS Use Case: Identify experts, people that can help develop others Potential Impact: “..high potential talent is the critical differentiator in the Human Age. Organizations that identify and develop HIPOs gain measurable financial performance advantages...” 18 Skill Driven Use Cases nn DE VITORIA U INFLUENCERS, INFORMAL LEADERS Use Case: Organization Network Analysis used by organizations to understand and visualize the social and communication networks that exist among employees, teams, and departments. Potential Impact: “..taking advantage of the influence of informal leaders as early adopters of strategic changes, methodology changes could highly increase overall adoption...” “ONA can inform decision-making process such us restructuring teams, improving communication. It helps organizations understand the collaboration dynamics, enabling them to foster better teamwork, innovation and knowledge sharing.” 19 DDDDDDDDD EMPLOYEE Skills DASHBOARD - DEMO á U FRANCISCO DE VITORIA TA FRANCISCO Practice of the Day Metrics, Models and Tools for HR Or% nn U In groups of 5 people n , «

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