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Main factors, that control
Impact of HR
Zürich, 3. Januar 2014
Range of Services

Analyses & Workshops

Strategy & Execution

Webinars & Conferences

Pers. Administration & Reporting

Assessments & Exec. Coachings

Surveys & Publications

2
Focus Topics

3
Fundamentals
Evidence-Based Management: Connect scientific coherences with company-specific procedures
Identification of specific
practices (instruments)

Science

Practice

Metaanalyses

Case
study

Controlled
laboratory/field
experiments

Systematic Systematic
reviews
evaluation

Comprehensive
correlation studies

Expert
survey

Systematic
Follow-up

internal evidence, organizationspecific facts based on
systematically collected data

external evidence, sound scientific
knowledge, generalizable
cause-effect relationships

Identification of general
causal relations (theories)

the interaction creates a collective intelligence
Based on: Brodbeck, F.; Woschée, R.: Grundlagen und Möglichkeiten eines evidenzbasierten Personalmanagements, 2013

4
Fundamentals
Continuum of Human Capital Analytics

Optimization
Predictive
Analysis
Causation

Correlations
Benchmarks
Anecdotes

Scorecards
& Dashboards

Source: Human Capital Analytics. How to Harness the Potential of Your Organization´s Greatest Asset.
Gene Pease, Boyce Byerly, Jac Fitz-enz. P. 17

5
Fundamentals
The LAMP Framework

A

L

„The Right Logic“
Rational Talent Strategy
(Competitive Advantage, Talent
Pivot Points)

„The Right Analytics“
Valid Questions and Results
(Information, Design, Statistics)

HR Metrics and
Analytics That Are
A Force For
Strategic Change

P

M

„The Right Measures“
Sufficient Data
(Timely, Reliable, Available)

„The Right Process“
Effective Knowledge Management
(Values, Culture, Influence)

Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 10.

6
Predictive HR Analytics
Map of causalities – Managerial Leadership
Retention
of Key
People

Managerial
Leadership

Relational
Capital

Human
Capital
Effectiven.

Knowledge
Generation

Human
Capital

Training

Business
Performance

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Knowledge
Sharing

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
* for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005

Human
Capital
Depletion

7
Predictive HR Analytics
Map of causalities – Human Capital Effectiveness (RoHC)
Managerial
Leadership

Retention
of Key
People

Intellectual Capital
0,442

Relational
Capital

Human
Capital
Effectiven.

Knowledge
Generation

Human
Capital

Training

Business
Performance

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Knowledge
Sharing

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
* for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005

Human
Capital
Depletion

8
Predictive HR Analytics
Map of causalities – Employee Attitudes and Engagement (1/2)
Managerial
Leadership

Retention
of Key
People

Effective Workplace Dimensions That
Significantly Predicted Work Outcomes

Cognition

Greater Job
Relational
Satisfaction

Greater
Human
Engagement
Capital

Training

Capital

Greater Probability of Retention

emotion

1.

elements

Action tendency

Employee
Satisfaction

Employee
Engagement

behaviour

Job
challenge
and learning
2.
Climate of
Structural
Capital
respect
3.
Autonomy
4.
Work-life fit
5.
Economic
security
6.
Supervisor
task support
Strategy
Execution*

Employee
Commitment

Value
Alignment

Employee Attitudes

1.
2.
3.
4.
5.
6.

Economic
security
Work-life fit
Climate of
respect
Autonomy
Supervisor
Knowledge
task support
Generation
Job
challenge
and learning

1.
2.
3.

4.
5.
6.

Economic
security
Work-life fit
Job
challenge
and learning
Supervisor
task support
Autonomy
Climate of
respect

Human
Capital
Effectiven.

Business
Performance

Knowledge
Integration

Source: Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 146

Knowledge
Sharing

Human
Capital
Depletion

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 143 ff.

9
Predictive HR Analytics
Map of causalities – Employee Attitudes and Engagement (2/2)
Managerial
Leadership

Logical relationships among employee
attitudes, behaviors, and financial outcomes

Retention
of Key
People

Cognition
Human
Capital

Training

Satisfaction, Commitment,
and Engagement
Relational
Capital

Human
Capital
Effectiven.

emotion
Applicant Quality,
Employee Turnover,
Absence, Service

Action tendency

elements

Structural
Capital
Employee
Satisfaction

Employee
Engagement

Costs, Employee
Productivity, Customer
Satisfaction
Knowledge
Generation
Organizational and
Business Unit Performance

Business
Performance

Employee
behaviours
Strategy
Execution*

Employee
Commitment

Value
Alignment

Employee Attitudes

Knowledge
Integration

Source: Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 147

Knowledge
Sharing

Human
Capital
Depletion

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 143 ff.

10
Case Study

: Employee Engagement - Business Performance

The Discovery Process

Assess Ctr.
Rating of
Mgr.

Mgr.´s
Engagement

H4

Mgr.´s
360
Degree

H5

H6

Avg.
Employee
Engagement

(-)
H2

H3

H1
Customer
Focus

Competition

Shrinkage
Rate

Local
Economic
Conditions

Weather

Age of
Store

Store
Performance

Source: Human Capital Analytics. How to Harness the Potential of Your Organization´s Greatest Asset.
Gene Pease, Boyce Byerly, Jac Fitz-enz. P. 17: Lowe´s First Store Model Blueprint

11
Predictive HR Analytics
Map of causalities – Knowledge Management
Retention
of Key
People

Managerial
Leadership

Human
Capital

Training

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Human
Capital
Effectiven.

Relational
Capital

Knowledge
Management
Business
Performance

Knowledge
Generation

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Knowledge
Sharing

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
* for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005

Human
Capital
Depletion

12
Predictive HR Analytics
Map of causalities – Employee Absenteeism

The logic of employee absenteeism:
how absenteeism creates costs
Retention
of Key
People

Managerial
Leadership
Does the job allow the employee
to set the times he/she works?

Yes

Illness
Training

Time off to deal with
home and family
responsibilities

No

Absenteeism
not relevant

Human
Capital

Is job pivotal in importance?
(Do others have to cover? Must process be
stopped? Delays in important avtivities?)

Yes

categories

Incur actual and
opportunity costs

Structural
Capital

Medical
appointments
Employee
Engagement

Employee
Satisfaction

morale

Value
Alignment

Business
Performance

Are costs acceptable?

(-)

Strategy
Execution*

(-)

Yes

No

Absence-reduction programs
not likely to be cost-effective

Employee
Motivation

Employee
Presenteeism

Incur costs that
are not significant

Cost of payments for non-work time of absentees
Cost of managing absenteeism problems
Cost of time of replacement workers
Cost of reduced work quantity or quality

behaviour
Employee
Absenteeism

No

What absence-reduction program
will address the significant causes?
What is its cost?

Source: Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 57

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 51 ff.

13
Predictive HR Analytics
Map of causalities – Employee Separations
Retention
of Key
People

Managerial
Leadership
One-ononecoaching

(+)
Human
Capital

Training

(+)
Relational
Capital

Human
Capital
Effectiven.

Pay for
Performance
Structural
Capital

The logic of employee turnover
Employee
Employee
Satisfaction

Knowledge
Generation

Engagement

(-)

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment
Source:

Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 81

Knowledge
Sharing

(-)

Business
Performance

voluntary vs. involuntary turnover
functional vs. dysfunctional
turnover

Human
Capital
Depletion

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 79 ff.

= Workforce Value

14
Predictive HR Analytics
Map of causalities – Health, Wellness, and Welfare
Retention
The logic of employee health and wellness

Managerial
Leadership

Retention
of Key
People

of Key
People

Employee
Health and
Wellness
Human
Capital

Training

Human
Capital
Effectiven.

Relational
Capital

(-)

(+)

(-)

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Employee
Absenteeism

Business
Performance

Knowledge
Generation

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Source: Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 120

Knowledge
Sharing

Human
Capital
Depletion

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 115 ff.

15
Predictive HR Analytics
Map of causalities – Work-Life Programs
Retention
The logic of work-life fit

Managerial
Leadership

Retention
of Key
People

of Key
People

Work-Life
Programs
Human
Capital

Training

Human
Capital
Effectiven.

Relational
Capital

(-)

(+)

(-)

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Employee
Absenteeism

Business
Performance

Knowledge
Generation

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Knowledge
Sharing

Source: Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 173

Human
Capital
Depletion

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 169 ff.

16
Predictive HR Analytics
Map of causalities – HR Development Programs
The logic of talent-development effects

Managerial
Leadership

Employee
Training

Human
Capital

Retention
of Key
People

Human
Capital
Effectiven.

Relational
Capital

(-)

(-)

(+)

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Employee
Absenteeism

Business
Performance

Knowledge
Generation

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Knowledge
Sharing

Source: Investing in People. Financial Impact of Human
Resource Initiatives. Wayne Cascio and John Boudreau. P. 287

Human
Capital
Depletion

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 283 ff.

17
Predictive HR Analytics
Map of causalities – Business Performance (1/2)
Managerial
Leadership

Retention
of Key
People

Work-Life
Programs
Employee
Health and
Wellness
Relational
Capital

Human
Capital
Effectiven.

Knowledge
Generation

Human
Capital

Training

Business
Performance

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Employee
Absenteeism

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Employee Sentiment

Knowledge
Sharing

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
* for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005

Human
Capital
Depletion

18
Predictive HR Analytics
Map of causalities - Business Performance (2/2)
Retention
of Key
People

Managerial
Leadership

Relational
Capital

Human
Capital
Effectiven.

Knowledge
Generation

Human
Capital

Training

Business
Performance

Structural
Capital
Employee
Engagement

Employee
Satisfaction

Strategy
Execution*

Knowledge
Integration

Employee
Motivation

Value
Alignment

Knowledge
Sharing

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
* for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005

Human
Capital
Depletion

19
Predictive HR Analytics
Map of causalities – Staffing Utility
Logic of staffing processes and talent flows
Talent Flows
Potential
Labor Pool

General
Applicant
Pool

Labor Pool

create

Dedicated
Applicant
Pool

Final
Applicant
Pool

attract
Strategy &
Planning

Applicants
on-hold

Candidates
for further
Evaluation

Offer
Candidates

New Hires

Productive
Employees

choose

Corporate
Branding

Employer
Branding

Recruitm.
Marketing

Active
Sourcing

Screening

Selection
& Offering

Binding &
Closing

Onboarding

Staffing Processes

Affinity for the

Perception of

company and

the company as

Consolidation of

the product

an employer

the employer

Experience of

Image

the prospective

Acquisition of
student knowledge
Application

employer
Corporate and

Employer Brand

Cross-media

Talent Pool

product brand,

recruitment

Management

corporate

Recruiting

marketing

culture

Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010
Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 195 ff.

Acquisition of
corporate knowledge

20
Would you like to know more? We invite you ...
http://www.strimgroup.com/de/fachtagungen
Talent Relationship Management: May 22

Talent Relationship Management : June 6

Talent Relationship Management : June 26-27

Human Capital Analytics: September 19

Human Capital Analytics : October 16

Human Capital Analytics : October 30

21
Your Personal Point of Contact
Chairman and CEO at
STRIMgroup AG, Zurich / CH

Senior Fellow at The
Conference Board in New York
Lecturer in the Master's
program in Human Capital

Management at Lake
Constance Business School /
Germany

Gütschstrasse 22

845 Third Avenue

CH-8122 Binz (Zürich)

New York, NY 10022-6600

Telefon: +41 (0)43 366 05 58

Telefon: +49 (0)172 7590 688

volker.mayer@strimgroup.com

volker.mayer@conference-board.org

22

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Factors that control Impact of HR Initiatives

  • 1. Main factors, that control Impact of HR Zürich, 3. Januar 2014
  • 2. Range of Services Analyses & Workshops Strategy & Execution Webinars & Conferences Pers. Administration & Reporting Assessments & Exec. Coachings Surveys & Publications 2
  • 4. Fundamentals Evidence-Based Management: Connect scientific coherences with company-specific procedures Identification of specific practices (instruments) Science Practice Metaanalyses Case study Controlled laboratory/field experiments Systematic Systematic reviews evaluation Comprehensive correlation studies Expert survey Systematic Follow-up internal evidence, organizationspecific facts based on systematically collected data external evidence, sound scientific knowledge, generalizable cause-effect relationships Identification of general causal relations (theories) the interaction creates a collective intelligence Based on: Brodbeck, F.; Woschée, R.: Grundlagen und Möglichkeiten eines evidenzbasierten Personalmanagements, 2013 4
  • 5. Fundamentals Continuum of Human Capital Analytics Optimization Predictive Analysis Causation Correlations Benchmarks Anecdotes Scorecards & Dashboards Source: Human Capital Analytics. How to Harness the Potential of Your Organization´s Greatest Asset. Gene Pease, Boyce Byerly, Jac Fitz-enz. P. 17 5
  • 6. Fundamentals The LAMP Framework A L „The Right Logic“ Rational Talent Strategy (Competitive Advantage, Talent Pivot Points) „The Right Analytics“ Valid Questions and Results (Information, Design, Statistics) HR Metrics and Analytics That Are A Force For Strategic Change P M „The Right Measures“ Sufficient Data (Timely, Reliable, Available) „The Right Process“ Effective Knowledge Management (Values, Culture, Influence) Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 10. 6
  • 7. Predictive HR Analytics Map of causalities – Managerial Leadership Retention of Key People Managerial Leadership Relational Capital Human Capital Effectiven. Knowledge Generation Human Capital Training Business Performance Structural Capital Employee Engagement Employee Satisfaction Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Knowledge Sharing Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 * for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005 Human Capital Depletion 7
  • 8. Predictive HR Analytics Map of causalities – Human Capital Effectiveness (RoHC) Managerial Leadership Retention of Key People Intellectual Capital 0,442 Relational Capital Human Capital Effectiven. Knowledge Generation Human Capital Training Business Performance Structural Capital Employee Engagement Employee Satisfaction Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Knowledge Sharing Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 * for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005 Human Capital Depletion 8
  • 9. Predictive HR Analytics Map of causalities – Employee Attitudes and Engagement (1/2) Managerial Leadership Retention of Key People Effective Workplace Dimensions That Significantly Predicted Work Outcomes Cognition Greater Job Relational Satisfaction Greater Human Engagement Capital Training Capital Greater Probability of Retention emotion 1. elements Action tendency Employee Satisfaction Employee Engagement behaviour Job challenge and learning 2. Climate of Structural Capital respect 3. Autonomy 4. Work-life fit 5. Economic security 6. Supervisor task support Strategy Execution* Employee Commitment Value Alignment Employee Attitudes 1. 2. 3. 4. 5. 6. Economic security Work-life fit Climate of respect Autonomy Supervisor Knowledge task support Generation Job challenge and learning 1. 2. 3. 4. 5. 6. Economic security Work-life fit Job challenge and learning Supervisor task support Autonomy Climate of respect Human Capital Effectiven. Business Performance Knowledge Integration Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 146 Knowledge Sharing Human Capital Depletion Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 143 ff. 9
  • 10. Predictive HR Analytics Map of causalities – Employee Attitudes and Engagement (2/2) Managerial Leadership Logical relationships among employee attitudes, behaviors, and financial outcomes Retention of Key People Cognition Human Capital Training Satisfaction, Commitment, and Engagement Relational Capital Human Capital Effectiven. emotion Applicant Quality, Employee Turnover, Absence, Service Action tendency elements Structural Capital Employee Satisfaction Employee Engagement Costs, Employee Productivity, Customer Satisfaction Knowledge Generation Organizational and Business Unit Performance Business Performance Employee behaviours Strategy Execution* Employee Commitment Value Alignment Employee Attitudes Knowledge Integration Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 147 Knowledge Sharing Human Capital Depletion Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 143 ff. 10
  • 11. Case Study : Employee Engagement - Business Performance The Discovery Process Assess Ctr. Rating of Mgr. Mgr.´s Engagement H4 Mgr.´s 360 Degree H5 H6 Avg. Employee Engagement (-) H2 H3 H1 Customer Focus Competition Shrinkage Rate Local Economic Conditions Weather Age of Store Store Performance Source: Human Capital Analytics. How to Harness the Potential of Your Organization´s Greatest Asset. Gene Pease, Boyce Byerly, Jac Fitz-enz. P. 17: Lowe´s First Store Model Blueprint 11
  • 12. Predictive HR Analytics Map of causalities – Knowledge Management Retention of Key People Managerial Leadership Human Capital Training Structural Capital Employee Engagement Employee Satisfaction Human Capital Effectiven. Relational Capital Knowledge Management Business Performance Knowledge Generation Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Knowledge Sharing Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 * for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005 Human Capital Depletion 12
  • 13. Predictive HR Analytics Map of causalities – Employee Absenteeism The logic of employee absenteeism: how absenteeism creates costs Retention of Key People Managerial Leadership Does the job allow the employee to set the times he/she works? Yes Illness Training Time off to deal with home and family responsibilities No Absenteeism not relevant Human Capital Is job pivotal in importance? (Do others have to cover? Must process be stopped? Delays in important avtivities?) Yes categories Incur actual and opportunity costs Structural Capital Medical appointments Employee Engagement Employee Satisfaction morale Value Alignment Business Performance Are costs acceptable? (-) Strategy Execution* (-) Yes No Absence-reduction programs not likely to be cost-effective Employee Motivation Employee Presenteeism Incur costs that are not significant Cost of payments for non-work time of absentees Cost of managing absenteeism problems Cost of time of replacement workers Cost of reduced work quantity or quality behaviour Employee Absenteeism No What absence-reduction program will address the significant causes? What is its cost? Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 57 Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 51 ff. 13
  • 14. Predictive HR Analytics Map of causalities – Employee Separations Retention of Key People Managerial Leadership One-ononecoaching (+) Human Capital Training (+) Relational Capital Human Capital Effectiven. Pay for Performance Structural Capital The logic of employee turnover Employee Employee Satisfaction Knowledge Generation Engagement (-) Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 81 Knowledge Sharing (-) Business Performance voluntary vs. involuntary turnover functional vs. dysfunctional turnover Human Capital Depletion Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 79 ff. = Workforce Value 14
  • 15. Predictive HR Analytics Map of causalities – Health, Wellness, and Welfare Retention The logic of employee health and wellness Managerial Leadership Retention of Key People of Key People Employee Health and Wellness Human Capital Training Human Capital Effectiven. Relational Capital (-) (+) (-) Structural Capital Employee Engagement Employee Satisfaction Employee Absenteeism Business Performance Knowledge Generation Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 120 Knowledge Sharing Human Capital Depletion Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 115 ff. 15
  • 16. Predictive HR Analytics Map of causalities – Work-Life Programs Retention The logic of work-life fit Managerial Leadership Retention of Key People of Key People Work-Life Programs Human Capital Training Human Capital Effectiven. Relational Capital (-) (+) (-) Structural Capital Employee Engagement Employee Satisfaction Employee Absenteeism Business Performance Knowledge Generation Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Knowledge Sharing Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 173 Human Capital Depletion Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 169 ff. 16
  • 17. Predictive HR Analytics Map of causalities – HR Development Programs The logic of talent-development effects Managerial Leadership Employee Training Human Capital Retention of Key People Human Capital Effectiven. Relational Capital (-) (-) (+) Structural Capital Employee Engagement Employee Satisfaction Employee Absenteeism Business Performance Knowledge Generation Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Knowledge Sharing Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 287 Human Capital Depletion Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 283 ff. 17
  • 18. Predictive HR Analytics Map of causalities – Business Performance (1/2) Managerial Leadership Retention of Key People Work-Life Programs Employee Health and Wellness Relational Capital Human Capital Effectiven. Knowledge Generation Human Capital Training Business Performance Structural Capital Employee Engagement Employee Satisfaction Employee Absenteeism Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Employee Sentiment Knowledge Sharing Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 * for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005 Human Capital Depletion 18
  • 19. Predictive HR Analytics Map of causalities - Business Performance (2/2) Retention of Key People Managerial Leadership Relational Capital Human Capital Effectiven. Knowledge Generation Human Capital Training Business Performance Structural Capital Employee Engagement Employee Satisfaction Strategy Execution* Knowledge Integration Employee Motivation Value Alignment Knowledge Sharing Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 * for further remarks: Mark A. Huselid, Brian E. Becker, Richard W. Beatty: The Workforce Scorecard, 2005 Human Capital Depletion 19
  • 20. Predictive HR Analytics Map of causalities – Staffing Utility Logic of staffing processes and talent flows Talent Flows Potential Labor Pool General Applicant Pool Labor Pool create Dedicated Applicant Pool Final Applicant Pool attract Strategy & Planning Applicants on-hold Candidates for further Evaluation Offer Candidates New Hires Productive Employees choose Corporate Branding Employer Branding Recruitm. Marketing Active Sourcing Screening Selection & Offering Binding & Closing Onboarding Staffing Processes Affinity for the Perception of company and the company as Consolidation of the product an employer the employer Experience of Image the prospective Acquisition of student knowledge Application employer Corporate and Employer Brand Cross-media Talent Pool product brand, recruitment Management corporate Recruiting marketing culture Remark: Referring to Nick Bontis and Jac Fitz-Enz: Intellectual Capital ROI, 2010 Source: Investing in People. Financial Impact of Human Resource Initiatives. Wayne Cascio and John Boudreau. P. 195 ff. Acquisition of corporate knowledge 20
  • 21. Would you like to know more? We invite you ... http://www.strimgroup.com/de/fachtagungen Talent Relationship Management: May 22 Talent Relationship Management : June 6 Talent Relationship Management : June 26-27 Human Capital Analytics: September 19 Human Capital Analytics : October 16 Human Capital Analytics : October 30 21
  • 22. Your Personal Point of Contact Chairman and CEO at STRIMgroup AG, Zurich / CH Senior Fellow at The Conference Board in New York Lecturer in the Master's program in Human Capital Management at Lake Constance Business School / Germany Gütschstrasse 22 845 Third Avenue CH-8122 Binz (Zürich) New York, NY 10022-6600 Telefon: +41 (0)43 366 05 58 Telefon: +49 (0)172 7590 688 volker.mayer@strimgroup.com volker.mayer@conference-board.org 22