Have you ever realized that we often focus only on delivering augmented customer experience? But what about employee experiences?
We need to understand that, experiences of the employees is a significant factor to consider as they are your organization’s greatest competitive asset. The reason behind this is because your business model, the services you offer and the products you sell can be simulated, but on the same page, cannot be said for those who work for you.
So how do you keep employees contented & trustworthy and upsurge your company’s Return on Training (ROT)?
Just like leveraging data to comprehend customer experiences, ‘People Analytics’ is at the core of delivering improved employee experiences and training. It generally provides the companies with essential data and visions that are required to make better people related decision that fuels the innovations.
What is People Analytics?
People analytics is termed as an application of statics, modeling, and math to employee-related data to recognize and foresee patterns. It plays a vital role in making numerous superior HR decisions and expands the performance of the businesses. But as corporations already have a lot of data about their employees, it is often not leveraged to benefit the business.
There are various advantages of this analytics as it enables employers to predict when an employee is about to leave, how teams collaborate, what makes them productive and a lot more.
But how do you do this?
People analytics can only have an effective impact if the data is collected in real-time. However, if T2K Echo, an insights-driven social learning application is utilized, in-person instructions can be combined with digital learning technology to leverage data. All this together can go a long way to assist enterprises generate and organize augmented employee experiences. This occurs because employers will have access to data and can acclimate training methods, management models and operational strategies to ensure that employees are doing their job with high levels of fulfillment.
Wrapping it up –
As we move forward to a fresh new year, you can expect to hear a lot more about People Analytics as it will then be one of the prime influences that will help the businesses globally, to remain competitive.