Unlocking the power of your workforce
With a growing need for more insight into the workforce, organisations are recognising the untapped potential in what they already know, and what they could know, about their own people. It's called people analytics, and it's changing the way businesses think about everything from attracting and developing talent to employee engagement and retention.
The power of digital, data and information led insight is revolutionising the way business decisions are made. The real challenge is how to make the best use of the huge volume of people data available to create meaningful insights that drive better business performance.
By using people analytics, organisations can cut through the noise and get a robust picture of what’s working and what isn’t. It takes the guesswork out of your most important workforce decisions, ensuring that you better manage people risk, match employees more smartly to jobs and are more efficient and cost-effective.
It’s incredible how the data revolution has changed things. But having all this information doesn’t help if we can’t make sense of it.
In our business, so much of what we knew about our people was still based on intuition – not real insight. That changed when we got people analytics right.
Now we can cut through the noise and focus on the information that helps us address our biggest challenges.
I used to worry about the risk to my business of our best people leaving. Now I can do something about it.
I’d worry about understanding what motivates our top talent and how to get them to achieve their potential. Now, through analytics, I don’t.
And I’d worry about having the right people to respond quickly enough to our biggest market opportunities. Now I get the right people in the right place at the right time.
So now that the decisions we take are based on evidence, not hunches, imagine how much more we can do.
Of course, I still worry, but that’s only natural, isn’t it?
In a world exploding with potential, the way you embrace analytics will greatly affect your business.
At PwC we help you take the guesswork out of your most important workforce decisions. We help you use data to generate insight. We help you to get it right.
Using the power of data-led insight, people analytics helps you to make the most out of your people and deliver more value for your business.
Healthier people perform better, cost less and cause fewer organisational risks. Work Well improves your employees’ wellbeing to make your business more productive and profitable.
Data and analytics survey 2016
Executives in the UK want strategic and operational decisions to be more data-driven. They say their own organisations and cultures are holding them back.