Managing the Analytics Function

The human capital analytics function in organizations is a very complex one, involving many parts, and requires a different method of management than other aspects of HR. Analytics is not the transaction processing side of technology, but instead provides information to support decision making. It involves managing data sources and databases, the business intelligence layer, deriving insights using statistical techniques, and methods of effectively communicating the findings to executives. Technology and analytical techniques are changing so rapidly, the HC Analytics Manager is tasked with getting the maximal use of existing technology while constantly evaluating new solutions and determining medium and long-term strategy in an environment of uncertainty.Setting up an analytics function requires setting strategy and determining one¿s operating model. In addition, managing a diverse team in terms of skills, capabilities and orientations and getting the best of the team is a challenge that analytics professionals must master.