Can People Analytics Help Firms Manage People Better?
How an organization makes its people-related decisions has a huge impact on its success or failure. But traditionally, these decisions have largely been based on intuition and biases and therefore have been prone to error. But now, companies are starting to use data and sophisticated analysis in issues such as recruiting, compensation and performance evaluation because they believe it can help in better decision making. … [ Read more ]
Content: Multimedia Content | Authors: Adam Grant, Cade Massey | Source: Knowledge@Wharton | Subjects: Human Resources, Management, Organizational Behavior
How Effective Is a Number-crunching Approach to Managing People?
Human resource professionals have begun to use sophisticated data analysis for all sorts of people-related issues ranging from recruitment and performance evaluation to promotion and compensation. People analytics, as this approach is called, is making waves because it is said to eliminate biases that exist in human judgment. Cade Massey, practice professor of operations and information management at Wharton, works at the intersection of psychology … [ Read more ]
Content: Multimedia Content | Author: Cade Massey | Source: Knowledge@Wharton | Subjects: Human Resources, Management