pick a company in the S&P 500 and answer the following four questions. Please do not use Amazon
Each question should be a page and a half long
1. Lots of businesses today are leveraging data to help make good decisions. But if the right kind of data is not collected, these efforts could be in vain. First, research and describe how your chosen company is using data for workforce management purposes. Then, explain how you would handle it differently (if at all) if you were in charge of Human Resources and Workforce Management for the same company. What is one question related to workforce management that you would want to study? And what data would you want to collect to measure it? As examples, you might choose to look at employee satisfaction, or production, or burnout, or turnover, or work-life balance, etc.
I’ve been working in the workforce management field for over 20 years. In this time, I’ve learned that there are many questions related to workforce management that can be answered through data collection and analysis. The purpose of this blog is to highlight some of these questions and provide some possible answers.
The life-stage of the company’s workers is a key driver of their performance and productivity. It can be defined as the stage in a person’s life when he or she is at work. For example, if you have a 30-year old manager who has been at your company for 20 years and was promoted to lead other managers 10 years ago, then it makes sense to assume that they are likely very experienced with leadership responsibilities. In contrast, if you have an employee who just graduated college with no experience outside of school (or even working part-time), then this person may need additional training before he/she can perform effectively on the job.
Data I would like to collect:
As an HR professional, you’re probably well aware that employee performance and productivity have a direct impact on your organization’s bottom line. But do you know the specific factors that affect this?
According to a recent survey by the Society for Human Resource Management (SHRM), it turns out life-cycle stage plays a significant role in how workers perform at work. According to SHRM’s study, “more than half of employees think their job performance declines during their mid-life years,” which makes sense when we consider that many people are set in their ways when they first enter the workforce and don’t want to change much about themselves even after years of experience have passed them by.
I think this is a great question, and it will definitely help us answer it. Thank you for your participation in this study!
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