CHROs are the leaders of their HR groups and as such help to drive the strategy and decision-making in human resources that align with the rest of the business goals. Having the necessary data to make these decisions is important for every business executive.
CHROs who take the time to understand HR analytics and that data can help enhance their HR processes are much more successful in their human resource management efforts.
How a certification in HR analytics make you a better CRHO?
Here are some reasons that CHROs should consider an HR analytics workshop or full certification in HR analytics.
1. Analytics helps you more accurately understand your challenges
Data is knowledge and knowledge is power. You may have an excellent HR strategy, but it’s important to be able to continually measure that. It helps you understand what needs to improve to help strengthen your business position and allows you to know what’s needed to find and keep the best talent and better drive results.
2. Analytics keeps your business competitive
Because of the ability to create meaning from data and statistics, HR analytics programs can help you master your people strategy, consistently allowing you to bring on the best talent who can create the most impact at your business.
Where can you get a certification in HR analytics?
Several online college and certification programs exist to help you advance your analytics knowledge and allow you to grow your skills in data-based decision making.
- HR Analytics at eCornell: The focus of this course is to understand how data can create meaning and allow for better strategic decisions making. It helps leaders and professionals understand how to create visual representations of data to share with other relevant stakeholders.
- SHRM HR Analytics: The Society for Human Resource Management offers a course on HR analytics that helps businesses understand why data is important for driving organizational decisions, learn basic methods for reading and presenting data, and help business leaders identify the best tools interpret data and support HR decisions.
- HR Analytics Academy: This easily organized course program helps users better understand everything from how analytics can affect your people management, what kind of data and statistics are relevant to HR processes, and more.
- Analytics for Talent Management: This HCI course focuses on the analytics that helps you make decisions surrounding the hiring and management of employees by growing understanding of how talent management is connected to the impact of the bottom-line of the business.
Are there other analytics education options?
A lot of good business books that focus on analytics in HR have been published in recent years and can be excellent resources for time-pressed CHROs and even used to facilitate greater discussions in the form of a department book club. Some books that may be beneficial include:
- Data-Driven HR: How to Use Analytics and Metrics to Drive Performance, by Bernard Marr
- Practical Guide to HR Analytics, by Shonna Waters
- The New HR Analytics, by Jac Fitz-Enz
- Winning on HR Analytics: Leveraging Data for Competitive Advantage, by Thomas Davenport
- Doing HR Analytics, by Lyndon Sundmark
- HR Analytics Handbook, by Laurie Bassi
Books like these, and others, give HR professionals a chance to grow in their understanding of how analytics can help the business. With resources for both analytics beginners and more seasoned analytics professionals, business books like these can start a strong knowledge foundation or fill the knowledge gaps in understanding how data analytics can shape everything from recruiting to employee engagement and development to performance reviews.
HR analytics is an important area for the Chief Human Resource Officer to be well-versed in. Formal certifications, continuing education opportunities, and well-researched business books are all part of the process of becoming an expert in the needs of your business and the opportunities you have to support it.