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Developing Human Capital : Using Analytics to Plan and Optimize Your Learning and Development Investments.
Title:
Developing Human Capital : Using Analytics to Plan and Optimize Your Learning and Development Investments.
Author:
Pease, Gene.
ISBN:
9781118910887
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (319 pages)
Series:
Wiley and SAS Business Series
Contents:
Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments -- Copyright -- Wiley & SAS Business Series -- Contents -- Foreword -- Preface -- Acknowledgments -- Introduction -- Show Me the Money -- Learning Metrics Are Business Metrics -- Understand the Business -- Be the Business -- On the Horizon and Beyond -- Note -- Chapter 1: The New Workforce -- Defining the Generations -- Projected Gaps as the Generations Shift -- Chasing Down Retirement -- Changing the Way We Work -- Technology -- Economy -- Globalization -- Demographics -- Are Virtual Workplaces Here to Stay? -- What Can Learning Leaders Do? -- Summary -- Note -- Chapter 2: The Need for a Strategy -- Measurement as an Intentional Process -- Continuum of Analytics -- Anecdotes -- Scorecards and Dashboards -- Benchmarks -- Correlations and Causation -- Predictive Analytics and Optimization -- Continuum of Learning and Development Analytics -- Summary -- Note -- CaseStudy: A Measurement Strategy in Action: Pfizer -- Background -- The Need for a Strategy -- Creating a Strategy -- Taking Action -- Alignment -- A Culture of Measurement -- Improve Postcourse Evaluations -- Improve Course Assessments -- Next Steps -- Chapter 3: Establishing a Measurement Framework -- Measurement Frameworks -- A Practical Measurement Framework for Learning -- Summary -- Note -- CaseStudy: Improving Collectors' Skills: AT&T -- Business Issue -- Business Situation -- Business Goals -- Consequences of Inaction -- Challenge for AT&T Learning Services -- Learning Services Goals -- Develop New Vision -- Determine Skill Needs -- Determine Measures of Success -- Training Design Approach -- Address Two Populations through Life Cycle of Change -- Focus on One Vision -- Focus on Management Skills -- Ensure Buy-In and Engagement -- Focus on the Learners.

Address Life Cycle of Change -- Training Design Content -- Human Connection Workshops -- Human Connection -- Developing Extraordinary Performers (DeEP) -- DeEP Engagement Techniques -- DeEP Engagement Techniques Design -- Execution -- Preview Workshops -- Delivery -- Cultural Considerations -- Instructor Delivery Skills -- Coaching and Reinforcement -- Reinforcement Tools -- Results -- Human Connection: Levels 1 to 4 Evaluations -- DeEP: Levels 1 to 3 Evaluations -- Human Connection Results (Levels 1 to 3) -- Human Connection Results (Level 4) -- DeEP Results (Levels 1 to 3) -- DeEP Engagement Techniques Results (Levels 1 to 3) -- DeEP: Manager Comments -- DeEP Engagement Techniques: Manager Comments -- Conclusion -- Learning Services Achievements -- Overall Results -- Chapter 4: Planning for Success -- Purpose and Political Will -- Skills and Capabilities -- Tools and Technology -- Data -- Taking Inventory: What It Takes -- Developing the Plan: Measurement Blueprints -- Summary -- Note -- CaseStudy: A Culture of Measurement: Chrysler Academy -- Background -- It Started with a Plan -- Fast-Forward -- Measurement Framework -- Responsive and Relevant -- Chapter 5: Curriculum Alignment -- Goal: To Close the Skill Gaps -- The Performance Map -- How We Learn from High Performers -- Quantifying the Gap -- Aligning and Prioritizing the Curriculum -- Beyond Curricula -- Summary -- CaseStudy: Performance Analytics for an Aligned Curriculum: VW Credit, Inc. -- Background -- The Approach -- Building the Map -- Communicating the Gap Assessment Survey -- Quantifying the Gaps -- Making Changes -- Beyond Training -- Chapter 6: Measurement Alignment -- Alignment Wanted -- Maps-An Old Idea, a New Application -- What Is a Measurement Map? -- What Does a Measurement Map Look Like? -- Building a Measurement Map -- Defining the Data -- Summary.

CaseStudy: Showing Learning's Alignment with the Business: VW Credit, Inc. -- Background -- The Approach -- Building the Map -- Aligning with the Business -- Chapter 7: Improving on the Basics -- The Basics -- Improving Level 1 -- Content -- Design -- Improving Level 2 -- Performance-Based Learning Objectives -- Alignment of Tests with Learning Objectives -- Guidelines for Multiple Choice Questions -- Improving the Analysis -- Data Collection -- The Denominator -- The Power of Segmentation -- Summary -- Note -- CaseStudy: Leadership Program at a Fortune 500 Financial Company -- Background -- The Investment -- The Basis for the Study Design -- Finding the Impact of Leadership Development -- Valuing Engagement -- Valuing Retention -- Valuing Promotion Rate -- Preliminary Results -- Chapter 8: Hard Evidence Using Advanced Analytics -- The Quest for Isolated Impact -- Causation: What Really Drives Performance? -- Isolating the Impact: Improving Levels 4 and 5 -- Test and Control Groups -- Prior Performance -- A Gentle Guide to the Statistics of Causation -- Statistical Modeling and Significance -- Isolation and the Analytics Continuum -- Summary -- Note -- CaseStudy: Achieving Business Impact at a Major Utility Company -- Challenge and Learning Investment -- Was It Working? -- The Evaluation -- The Impact -- Performance Ratings -- Turnover -- Merit Pay -- Optimizing the Investment -- CaseStudy: Hard Evidence Using Advanced Analytics: Valuing Training at Defense Acquisition University -- Background -- Designing the Study -- The Findings -- Continuing the Journey -- Note -- Chapter 9: Optimization through Predictive Analytics -- Predictive Analytics -- How to Optimize Investments -- Getting the Data for Optimization -- Predictive Analytics-A Learning Game Changer -- Pioneers of Predictive Analytics in Human Resources -- Conclusion -- Note.

CaseStudy: Optimizing Performance Management: VF Corporation -- Background -- The Study -- Phase One -- Phase Two -- Phase Three -- Conclusion -- Chapter 10: In Conclusion-Get Started -- Note -- Appendix A: Talent Development Reporting Principles (TDRp): Managing Learning Like a Business to Deliver Greater Impact, Effectiveness, and Efficiency -- What Does TDRp Provide? -- The Home of TDRp -- Assumptions -- The Framework -- Guiding Principles -- Standard Measures -- Three Standard Statements -- The Outcome Statement -- The Effectiveness Statement -- The Efficiency Statement -- The Three Statements -- The Three Reports -- The L&D Summary Report -- The Program (or Initiative) Report -- The L&D Operations Report -- The Three Reports -- Conclusion -- Appendix B: What It Takes -- Appendix C: Measurement Plan: Blueprints for Measurement -- Appendix D: Using Bloom's Taxonomy -- Appendix E: Guidelines for Creating Multiple Choice Questions -- Appendix F: Getting Your Feet Wet in Data: Preparing and Cleaning the Data Set -- Data Privacy and Encryption -- Getting Your Feet Wet in the Data -- What Tools to Use -- The Data Log -- Verifying Completeness -- Confirming Your Data Quality -- Cleaning Up the Data -- Dates -- Dealing with Outliers -- Combining Multiple Data Sources -- Looking for Problems, and Suggestions for Dealing with Common Ones -- The Sniff Test -- Naming Conventions for the Data -- Dealing with Missing Data -- Transforming One Variable Into Another -- Difference Variables -- Percentage Scaled Variables -- Currency Value Variables -- Appendix G: How Many Participants Do You Need in a Study? -- Glossary -- About the Authors -- Index -- End User License Agreement.
Abstract:
Don't squander your most valuable resource! Collectively, your workers are your company's most important and most valuable asset. To make the most of this asset, nothing beats quantitative performance and investment measurement. Learning and Development is an 80 billion-dollar industry, and every valuable employee represents a sizable investment on the part of your company. To keep your business moving forward, effective management of human capital is crucial. It generates plenty of data, and deep analysis of this data helps you provide feedback and make adjustments to capitalize on the combined knowledge, skills, and creativity of your workers. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments provides a guidebook for collecting, organizing, and analyzing the data surrounding human capital so you can make the most of your employees' potential. Use predictive analysis to optimize human capital investments Learn effective study design and alignment Get the tools you need for measurement, surveys, and analysis Decide what to measure and how to measure it Outline your company's current and future analytics technology needs Map data sources, and overcome barriers to data collection Authors Gene Pease, Bonnie Beresford, and Lew Walker provide case studies in which major companies applied human capital analytics to guide people decisions, and expand upon the role of analytics in Learning and Development. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments is an essential guide to 21st century human resources and management practices, and can keep you from squandering your company's most valuable resource.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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