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The new learning analytics - Vortrag auf der Zukunft Personal 2015
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The new learning analytics - Vortrag auf der Zukunft Personal 2015 von Tim Ringo
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The new learning analytics - Vortrag auf der Zukunft Personal 2015
1.
Tim Ringo Vice President,
Learning Solutions Europe, Middle East and Africa The New Learning Analytics… is transforming the world of Learning (and your organisation)
2.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 2 • Drive: what motivated people in the 19th and 20th Century will not work in the 21st Century - intrinsic motivation (why work) balanced with extrinsic motivation (money) • Emerging Workforce: Six generations in work at once with rising ethnicity and significant feminisation of the workforce • Generation Y (and Z and ZZ): what do they want? New ways of working and learning; a purpose-led organisation and social responsibility • Employer Brand Loyalty: the “war for talent” is not what we think it is: a scarcity of the right skills and an abundance of different types of expertise and life experience • Machines take over: more intelligent software and computing will allow people to focus on more “value add” activities; machines cannot do (human) customer service! • Social: networking and collaboration: …. How to JAM • “Social employment”: governments incent/force private companies to hire young people and older people; relieve youth unemployment and the emerging pensions crises. • People insights: are as important as customer/marketing or financial information
3.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 3 is not a learning value measurement strategy
4.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 4 Not when … How we learn is evolving Where we go to learn is moving When we learn is no longer ‘9 to 5’ Who our employees & customers learn from changes What our businesses want: • better results & • more accountability
5.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 5 Revenue Minus: Cost of Goods Sold Gross Profit (or Margin) Minus: Operating Expenses Operating Income Minus: Interest, Extraordinary Items and Taxes (EBIT) Net Profit SG&A R & D What business wants to know is How learning management affects all element of their income statement
6.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 6 4% 90%The problem is not only a “lack of skills” in organizations it’s a historic problem of lack of investment, poor data quality and an underfunded HR analytics team – Bersin* Learning Management is not alone WORKFORCE BUDGETS, FINANCIAL RESULTS & EXPENSES *High-impact Talent Analytics: Building a World-class HR Measurement and Analytics Function. Bersin by Deloitte. 2013
7.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 7 Why HR Analytics? Because organizations that embrace workforce analytics outperform those that don’t 30% greater shareholder returns compared with the S & P 500 over the past 3 years* Twice as likely to improve leadership pipelines* 100% greater talent mobility* 15X better improvement in customer satisfaction measures (NPS) Human Capital Management Trends, 2012. Aberdeen Group. 79% higher return on equity Sierra-Cedar 2014 HR Systems Survey. * SOURCE High-impact Talent Analytics: Building a World-class HR Measurement and Analytics Function. Bersin by Deloitte, 2013. In overall business performance and HR effectiveness >2x Return on LMS investment Knowledge Advisors presentation, London, 2015.
8.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 8 Changing the economics of learning United Kingdom having to do more with less money 5% Expenditure on training 7% proportion of workforce trained 2% total number of training days 14% average length of training course 22% average spend per employee per year Source: UK Commission for Employment and Skills survey, n = 91,000 private- and public-sector employers, 2013.
9.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 9 Data Analysis has already proven: In new sales personnel training course assessments • No correlation between course assessment scores and post training sales performance Revenue the same whether course was rated excellent or poor Ramp Time identical whether course was rated excellent or poor % improvement equal over personnel who did not attended the course whether they rated the course excellent or poor • But Positive correlation with Catering Cost and Venue Temperature SOURCE Jenny Dearborn, Chief Learning Officer, SAP, 2015.
10.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 10 Quantifying the impact of salesforce training on sales revenue 58 110 148 202 223 250 179 263 318 403 482 601 142 197 249 307 407 530 121 153 170 201 259 351 0 100 200 300 400 500 600 700 <3 Months 3 - 6 Months 6 - 12 Months 12 - 24 Months 24 - 36 months 36+ Months Annual difference between All and No courses All Courses Some Courses No Courses AverageAnnualSales(Thousands) Employee Tenure Customer EXAMPLE
11.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 11 Compliance and Business Risk worries business too • Are Compliance issues putting us at risk? • Do our workers have the right certifications to do their job? • Are they up to date with your industry and company compliance standards? • Are we facing fines or work down-time for non-compliance >1,000 Regulatory Changes per annum since 2011 Not counting Industry regulations Updates Source: SAP Localization
12.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 12 Vision and direction Simplify the path to LMS analytics and insights adoption and prove results Relevant Deliver practical, clear recommendations about what should be done, not just data that has to be interpreted Predictive Provide more predictive information so your business information and communication, are forward looking Persuasive Making it easier for YOU to influence business decisions Real-time Powered by SAP HANA, faster access to deeper insight for greater agility and responsiveness
13.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 13 Once we have insight – prediction and persuasion becomes possible Key areas where predictive/persuasive analytics impact Learning • Learner Knowledge, Behaviour, Experience & Profile modelling • How different assessment methods affect learning e.g. peer assessment • Early Warning signs providing remedial action for students not performing well Combined with other data: • Sales Performance • Goals and Development • Customer Advocacy • Future performance against other criteria e.g. Wastage reduction, Injury
14.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 14 Headlines - Simplifies Complexity Personal, business focused executive communication Combining natural language with analytics and metrics for improved decision making, action and business impact – both broad and deep “The holy grail of analytics is to put analytics and metrics in the hands of business users” Holger Mueller, Constellation Research Group
15.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 15 SuccessFactors Workforce Analytics Communicating information when and where it is needed Tiles and Dashboards • Opportunity to profoundly influence every Learning Stakeholder and • Become more effective Educators Search for Reports Embedded in Application Headlines
16.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 17 Learning Analytics Standard Metrics, Reports & broader Analytics content Industry Benchmarks & Business Network Learning Reporting and Analytics Data sources by product ERP Financials HRIS 3rd Party Providers Data Warehouses SuccessFactors LMS CRM Survey Operations Performance … Embedded Analytics Workforce Analytics LMS Metrics relating to volume, type and effectiveness of training. Pre-built Integration
17.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 18 Top 10 Business case list for workforce with learning analytics 1. Alerts Metrics will alert and prevent business breakdown 2. Predictive measures Metrics should forecast Value/ROI 3. Social Learning Metrics to validate informal learning value 4. Qualitative analysis Harness feedback quickly and respond 5. Business outcomes measure alignment to business results 6. Cycle time Automate information communication to stakeholders 7. Cost savings Reduce Administration costs and increase data use 8. LMS ROI Increase return on Investment in LMS systems 9. Waste reduction Identify wastage and eliminate it 10. Business insights Data driven decisions
18.
19.
© 2015 SAP
SE or an SAP affiliate company. All rights reserved. 2020 Organic Evolution: Global Investment Bank Technology Driven: Large Petrochemicals Company Business Model Driven: Global Mgmt Consultancy Hybrid Approach: Global Beverage Company Compliance Driven: Insurance Company Latest Case Studies in Effective HR Analytics Five Successful Approaches Reviewed