Measure critical people data, analyse this in the context of your business plan, then determine any necessary remedies to optimally align your people practices and strategy
Most businesses will regularly monitor key operational and financial metrics to measure success, identify any impending challenges, and to react to economic, political and internal demands quickly. You will reference these against your company’s well-designed business strategy.
Making the regular, methodical and rigorous measuring of your people data an essential part of your critical business activities will ensure that you always have the necessary information at your fingertips to anticipate any possible people challenges. Armed with this knowledge, you can proactively take action to adjust your people strategy fast, ensure that it remains optimally aligned with your overall business strategy and avoid negative impact on your business results and staff morale at all times.
Disengaged employees are a huge drain on your resources. It is therefore essential that you know your employees well and have a scientific way of establishing how they feel about your company, so that you can take effective and corrective action fast.