Posted: February 16th, 2022
Implement robust governance
Companies that treat workforce analytics or change management as a one-time task derive little benefit from their technologies or human capital investments. Businesses must incorporate governance into analytics programs if they want to have a long-term impact. Businesses can benefit from governance in terms of transparency, continuous improvements, and prioritizing, contributing to improved outcomes. Companies that do not engage in governance may struggle to confirm that workers act differently, much alone to link business outcomes to a specific issue. A good governance program may help guarantee that the data and analytics effort’s goals align with the corporation’s general strategic planning and that personnel uses the findings (Levenson & Fink, 2017). If a company wants to boost production, for instance, analyzing data can assist not just detect problems but also tailor and customizing discussions to the individuals. Companies can effectively monitor the benefits of customization and implement their methodology across the enterprise if they have a solid governance framework.
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