July 2014
Beginner to intermediate
176 pages
3h 33m
English
Content preview from Predictive Analytics for Human Resources
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 7Predicting the Future of Human Capital Analytics
Big data will alter the landscape across every industry. It is a new way of thinking.
—ICGX Advertisement for Big Data
This chapter adds to Chapter 6, providing additional examples of statistical methods. The goal is not to scare away people who don’t have knowledge of statistics. It aims to show the power of this powerful analytics tool and examples of how it can (and we believe will) be used in human resources (HR) management. Once you understand when it is useful to conduct a statistical analysis, you can hire from the outside or borrow the talent from within your company.
The road toward mastering analytics is a long one, and the destination is not the end goal. Being able to survive and thrive along the journey while bringing your team and organization along with you—that’s the interim goal. The end goal is to optimize the value that you can add to your organization. We hope that this book has provided insights that will make your trek a little smoother.
This chapter focuses on the future. We aim to provide insights about what you can expect to face—and prepare for—in regard to human capital analytics in the near future.
WHAT DOES THE FUTURE LOOK LIKE?
In order to look toward the future, it is valuable to look toward four other fields of study for insights that will enhance human capital data. They are:
- Finance: Business standards and valuation of organizations
- Mathematics: Chaos theory
- Information Technology: ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.