Don Weinstein - Using HR Data Analytics to Drive Business Insights

Send us a text Summary: Don Weinstein, most recently the former Chief Product and Technology Officer at ADP, has spent 35 years of his career working at Fortune 500 companies. With over half of those years being spent in HR roles, he’s acquired valuable knowledge about human capital management and HR data analytics.  In this episode, Don talks about how some organizations have leveraged HR data to produce valuable business insights and what steps other organizations can take to get to that point.  Chapters: [0:00 - 4:27] Introduction Welcome, Don! Today’s Topic: Using HR Data Analytics to Drive Business Insights [4:28 - 14:53] How to turn HR data into business insights Data analytics is often under-utilized in human capital management Why payroll data is uniquely important [14:54 - 22:32] Critical lessons from the early days of HR analytics The value of sharing data and insights with everyone in an organization (not just HR) How HR can “get a seat at the table” with data analytics [22:33 - 30:31] How mature are HR data analytics and how will they further develop in the future? Why adoption of HR data analytics is still low despite increase awareness and interest The head of HR needs to be the steward for HR data analytics [30:32 - 31:54] Closing Thanks for listening! Quotes: “When [HR] has the facts, and the analytics, and the data, [they] can make a real impact in an organization.” “Many organizations are still suffering from limited adoption [of HR data analytics] and one of the things that’s still hindering them is poor data quality.”Contact:Don's LinkedInDavid's LinkedInDwight's LinkedInPodcast Manger: Karissa HarrisEmail us!Production by Affogato Media To schedule a meeting with us: https://salary.com/hrdlconsulting For more HR Data Labs®, enjoy the HR Data Labs Brown Bag Lunch Hours every Friday at 2:00PM-2:30PM EST. Check it out here: https://hrdatalabs.com/brown-bag-lunch/ Produced by Affogato Media