It goes without saying that human resources are vital to the success of any business.There is no doubt that any company can attract the right skills and manage talent effectively . As well as use the resource’s capacity efficiently and to retain those employees on which you intend to invest in the long term. With phenomenon of HR Analytics, the human resources departments are generating more data than ever before. But at the same time, often, they have difficulty in turning these data into valuable information. Based on our experience, working closely with numerous Italian companies, we have identified some of the most important analyzes that managers can use to better manage their activities in the field of human resources.

HR Analytics: the key tools of business

Below, what we believe to be the main rules that any good HR manager should know.

Analysis of capacity. The success of your business depends also and especially on the level of competence and skills of the workforce. The capacity analysis is a talent management process which identifies the basic skills that you want or you need in the company. Once aware of the necessary skills, they can be compared with those already present, to identify any gaps. We suggest in incorporating those skills that can not be formally recognized. Such as the ability to develop and maintain relationships.

Analysis of the acquisition of skills. Talent counts. And the acquisition and talent management is often a critical factor in business growth. The skills acquisition analysis is the process of evaluation of what your company knows on how to acquire the necessary skills. First, you need to identify the basic skills that your business requires. For the present and for the future. So, you are going to assess current levels of these skills, identifying those that may be missing.

Analysis of the relationship between capacity and production. This process aims to establish in what way and to what extent the workforce is operationally efficient. For example: are there resources that they spend too much time in complementary activities and not enough on the more lucrative job? And ‘perhaps one of the most difficult to manage. The risk is to create administrative burdens or the alienation of employees. For this, the approach an HR Analytics, in this case, it is very effective.

Analysis of employee flow. The employee recruitment, training and their integration into the company, costs time and money. The analysis of the flow of the employees is the process of assessment of employee turnover rates. In an effort to predict the future and reduce the rate of employee neglect. The “historic” staff can be created through various data. Such as the satisfaction index and the level of involvement. It is advisable to proceed, for managers, through surveys and interviews.

Analysis of the corporate culture. Corporate culture is notoriously difficult to create. Even more to change. It is essentially the rules, systems and models that embody your business. This process, therefore, aims to understand more about your corporate culture or the different cultures that exist within the company. This type of analysis will allow you to keep track of all the changes that you’ve made. But also to detect any “toxic resources” which clash with the values of your company. Among the methods for collecting this type of data, we report an analysis of conversations in customer service.

Analysis of recruitment channels. Your employees are the biggest expense for companies. But also a very important opportunity. The analysis of recruitment channels is aimed at identifying the origin of the best resources. In order to exploiting the most effective methods to attract the best talent.

Analysis of Leadership. Poor charisma by the managers of the various work teams can cost money. It can also slow down or prevent the implementation of business plans. Analyze the performance of Leadership means finding out how the staff approaches to their jobs. We suggest a collection of anonymous data, in order to allow employees to open up to provide useful information. It is obvious, in fact, that not everyone would be willing to talk about their head, knowing that anyone could have access to the information provided.

Analysis of employee performance. Your company needs employees capable of superior performance, but also be able to know how to survive and grow. Analyze the performance of employees, individually and in groups, it means identifying where you are doing well and in what case, on the contrary, you will require additional training or support.

Entrusting the human resources department to Gruppo La Meridiana, you can count on a highly competitive personnel Management process. The benefits will soon appear obvious. Trust the experience of our professionals, choosing the Outsourcing and the method HR Analytics as a way to success for your business!