Description

Book Synopsis
Don''t squander your most valuable resource!

Collectively, your workers are your company''s most important and most valuable asset. To make the most of this asset, nothing beats quantitative performance and investment measurement. Learning and Development is an 80 billion-dollar industry, and every valuable employee represents a sizable investment on the part of your company. To keep your business moving forward, effective management of human capital is crucial. It generates plenty of data, and deep analysis of this data helps you provide feedback and make adjustments to capitalize on the combined knowledge, skills, and creativity of your workers. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments provides a guidebook for collecting, organizing, and analyzing the data surrounding human capital so you can make the most of your employees'' potential.

  • Use predictive analysis to optimize human capital inve

    Table of Contents

    Foreword xiii

    Preface xvii

    Acknowledgments xix

    Introduction xxi

    Chapter 1 The New Workforce 1

    Defining the Generations 2

    Projected Gaps as the Generations Shift 4

    Chasing Down Retirement 4

    Changing the Way We Work 5

    Technology 6

    Economy 7

    Globalization 8

    Demographics 9

    Are Virtual Workplaces Here to Stay? 9

    What Can Learning Leaders Do? 9

    Summary 10

    Notes 11

    Chapter 2 The Need for a Strategy 13

    Measurement as an Intentional Process 15

    Continuum of Analytics 17

    Continuum of Learning and Development

    Analytics 20

    Summary 22

    Notes 22

    Case Study: A Measurement Strategy in Action:

    Pfizer 24

    Chapter 3 Establishing a Measurement Framework 31

    Measurement Frameworks 32

    A Practical Measurement Framework for Learning 35

    Summary 39

    Notes 40

    Case Study: Improving Collectors’ Skills: AT&T 41

    Chapter 4 Planning for Success 61

    Purpose and Political Will 62

    Skills and Capabilities 65

    Tools and Technology 66

    Data 67

    Taking Inventory: What It Takes 69

    Developing the Plan: Measurement Blueprints 69

    Summary 73

    Note 73

    Case Study: A Culture of Measurement: Chrysler

    Academy 74

    Chapter 5 Curriculum Alignment 79

    Goal: To Close the Skill Gaps 80

    The Performance Map 80

    How We Learn from High Performers 82

    Quantifying the Gap 84

    Aligning and Prioritizing the Curriculum 85

    Beyond Curricula 86

    Summary 87

    Case Study: Performance Analytics for an Aligned Curriculum: VW Credit, Inc. 88

    Chapter 6 Measurement Alignment 97

    Alignment Wanted 98

    Maps—An Old Idea, a New Application 98

    What Is a Measurement Map? 99

    What Does a Measurement Map Look Like? 100

    Building a Measurement Map 104

    Defining the Data 106

    Summary 107

    Case Study: Showing Learning’s Alignment with the

    Business: VW Credit, Inc. 109

    Chapter 7 Improving on the Basics 115

    The Basics 116

    Improving Level 1 118

    Improving Level 2 124

    Improving the Analysis 130

    Summary 137

    Notes 137

    Case Study: Leadership Program at a Fortune 500 Financial Company 139

    Chapter 8 Hard Evidence Using Advanced Analytics 145

    The Quest for Isolated Impact 146

    Causation: What Really Drives Performance? 149

    Isolating the Impact: Improving Levels 4 and 5 150

    A Gentle Guide to the Statistics of Causation 152

    Statistical Modeling and Significance 154

    Isolation and the Analytics Continuum 155

    Summary 156

    Note 157

    Case Study: Achieving Business Impact at a Major Utility Company 158

    Case Study: Hard Evidence Using Advanced Analytics: Valuing Training at Defense Acquisition University 164

    Chapter 9 Optimization through Predictive Analytics 169

    Predictive Analytics 170

    How to Optimize Investments 171

    Getting the Data for Optimization 174

    Predictive Analytics—A Learning Game Changer 175

    Pioneers of Predictive Analytics in Human Resources 176

    Conclusion 177

    Notes 179

    Case Study: Optimizing Performance Management: VF Corporation 180

    Chapter 10 In Conclusion—Get Started 187

    Note 189

    Appendix A Talent Development Reporting Principles (TDRp): Managing Learning like a Business to Deliver
    Greater Impact, Effectiveness, and Efficiency 191

    Appendix B What It Takes 219

    Appendix C Measurement Plan: Blueprints for Measurement 225

    Appendix D Using Bloom’s Taxonomy 233

    Appendix E Guidelines for Creating Multiple Choice Questions 237

    Appendix F Getting Your Feet Wet in Data: Preparing and Cleaning the Data Set 241

    Appendix G How Many Participants Do You Need in a Study? 255

    Glossary 259

    About the Authors 273

    Index 275

Developing Human Capital

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    A Hardback by Gene Pease, Barbara Beresford, Lew Walker

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of Developing Human Capital by Gene Pease

      Publisher: John Wiley & Sons Inc
      Publication Date: Publication Date: 19/08/2014
      ISBN13: 9781118753507, 978-1118753507
      ISBN10: 111875350X

      Description

      Book Synopsis
      Don''t squander your most valuable resource!

      Collectively, your workers are your company''s most important and most valuable asset. To make the most of this asset, nothing beats quantitative performance and investment measurement. Learning and Development is an 80 billion-dollar industry, and every valuable employee represents a sizable investment on the part of your company. To keep your business moving forward, effective management of human capital is crucial. It generates plenty of data, and deep analysis of this data helps you provide feedback and make adjustments to capitalize on the combined knowledge, skills, and creativity of your workers. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments provides a guidebook for collecting, organizing, and analyzing the data surrounding human capital so you can make the most of your employees'' potential.

      • Use predictive analysis to optimize human capital inve

        Table of Contents

        Foreword xiii

        Preface xvii

        Acknowledgments xix

        Introduction xxi

        Chapter 1 The New Workforce 1

        Defining the Generations 2

        Projected Gaps as the Generations Shift 4

        Chasing Down Retirement 4

        Changing the Way We Work 5

        Technology 6

        Economy 7

        Globalization 8

        Demographics 9

        Are Virtual Workplaces Here to Stay? 9

        What Can Learning Leaders Do? 9

        Summary 10

        Notes 11

        Chapter 2 The Need for a Strategy 13

        Measurement as an Intentional Process 15

        Continuum of Analytics 17

        Continuum of Learning and Development

        Analytics 20

        Summary 22

        Notes 22

        Case Study: A Measurement Strategy in Action:

        Pfizer 24

        Chapter 3 Establishing a Measurement Framework 31

        Measurement Frameworks 32

        A Practical Measurement Framework for Learning 35

        Summary 39

        Notes 40

        Case Study: Improving Collectors’ Skills: AT&T 41

        Chapter 4 Planning for Success 61

        Purpose and Political Will 62

        Skills and Capabilities 65

        Tools and Technology 66

        Data 67

        Taking Inventory: What It Takes 69

        Developing the Plan: Measurement Blueprints 69

        Summary 73

        Note 73

        Case Study: A Culture of Measurement: Chrysler

        Academy 74

        Chapter 5 Curriculum Alignment 79

        Goal: To Close the Skill Gaps 80

        The Performance Map 80

        How We Learn from High Performers 82

        Quantifying the Gap 84

        Aligning and Prioritizing the Curriculum 85

        Beyond Curricula 86

        Summary 87

        Case Study: Performance Analytics for an Aligned Curriculum: VW Credit, Inc. 88

        Chapter 6 Measurement Alignment 97

        Alignment Wanted 98

        Maps—An Old Idea, a New Application 98

        What Is a Measurement Map? 99

        What Does a Measurement Map Look Like? 100

        Building a Measurement Map 104

        Defining the Data 106

        Summary 107

        Case Study: Showing Learning’s Alignment with the

        Business: VW Credit, Inc. 109

        Chapter 7 Improving on the Basics 115

        The Basics 116

        Improving Level 1 118

        Improving Level 2 124

        Improving the Analysis 130

        Summary 137

        Notes 137

        Case Study: Leadership Program at a Fortune 500 Financial Company 139

        Chapter 8 Hard Evidence Using Advanced Analytics 145

        The Quest for Isolated Impact 146

        Causation: What Really Drives Performance? 149

        Isolating the Impact: Improving Levels 4 and 5 150

        A Gentle Guide to the Statistics of Causation 152

        Statistical Modeling and Significance 154

        Isolation and the Analytics Continuum 155

        Summary 156

        Note 157

        Case Study: Achieving Business Impact at a Major Utility Company 158

        Case Study: Hard Evidence Using Advanced Analytics: Valuing Training at Defense Acquisition University 164

        Chapter 9 Optimization through Predictive Analytics 169

        Predictive Analytics 170

        How to Optimize Investments 171

        Getting the Data for Optimization 174

        Predictive Analytics—A Learning Game Changer 175

        Pioneers of Predictive Analytics in Human Resources 176

        Conclusion 177

        Notes 179

        Case Study: Optimizing Performance Management: VF Corporation 180

        Chapter 10 In Conclusion—Get Started 187

        Note 189

        Appendix A Talent Development Reporting Principles (TDRp): Managing Learning like a Business to Deliver
        Greater Impact, Effectiveness, and Efficiency 191

        Appendix B What It Takes 219

        Appendix C Measurement Plan: Blueprints for Measurement 225

        Appendix D Using Bloom’s Taxonomy 233

        Appendix E Guidelines for Creating Multiple Choice Questions 237

        Appendix F Getting Your Feet Wet in Data: Preparing and Cleaning the Data Set 241

        Appendix G How Many Participants Do You Need in a Study? 255

        Glossary 259

        About the Authors 273

        Index 275

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