Prepared by Aon Hewitt Talent, Rewards & Performance Presentation to HR Tech World - London Matching Human Capital to Financial Capital – People Analytics March 22, 2017
Prepared by Aon HewittTalent, Rewards & Performance
Presentation to HR Tech World - London
Matching Human Capital to Financial Capital – People AnalyticsMarch 22, 2017
Prepared by Aon HewittTalent, Rewards & Performance
Presentation to HR Tech World - London 2
Our Point of View - Connecting Human Capital With Financial Capital Goes Beyond the Scope of
HR
To drive Next Generation Strategy and Performance - HR (and Business) leaders need to reach
beyond current processes and add a linkage between Behaviors and Environment, to current Market
Opportunity/Risk.
Jobs / Work are being transformed. Activities that are governed by Process, are algorithmic in
nature, and can be readily replaced by current Analytics/Machine Learning capabilities.
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Two Categories of People Analytics
Access to basic data
tools and
dashboards
Limited people
data quality
Analytics used to identify &
resolve HR problems e.g.
Attrition, Turnover, L&D
HR & Business leaders
link people analytics with
business analytics for key
business projects /
decisions
Fact based insight available
for all people decisions
Predictive models and machine
learning
Confidence to effect change
Addressing global
people data quality
Connect HR data with
Business data
Invest in technology to
deliver people analytics
Develop HR leader
analytical capability
model
Business Initiatives e.g.
Employee Segmentation
Sales Force Optimization
Compliance & Risk
Training & developing HR
leader capabilities,
so they can design and
leverage people analytics
Human capital aligned to
Financial Capital
Reduced decision risk
Strategic Workforce
Transformation
CHRO partners CEO on Growth
strategy of the business
Bring insights to clients and drive
business performance through
people
HR
View
External
view
X-Functional
View
Analytics to improve HR
Outcomes
People Analytics which
improve Business Outcomes
HR analytics needs to evolve and transcend HR…, and will only become relevant when it takes an “outside in”
approach, … and integrated in existing end-to-end business analytics. Thomas Rasmussen (Shell) / Prof. Dave Ulrich
Laggards Mainstream Leaders Best in Class
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Presentation to HR Tech World - London 4
The Aon Approach: We Bring Data, Analytical Horsepower, and Critical Advice on the Questions
that Matter to HR and the Business.
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Aon’s Overall Proposition: Connecting Human Capital with Financial Capital and Risk
Management
Partnership
For Change
Assessment
PEOPLE
Performance
VALUE
VALIDATIONCULTURE
Engagement WHY NOW?
PEOPLE
Fuel
GROWTH
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Business Performance Through People – Revenue Growth Example
Business Strategy
Hypothesis
Outcomes & Return
Prepared by Aon HewittTalent, Rewards & Performance
Presentation to HR Tech World - London
People Analytics Products - Demos
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Managing Pay Equity Challenges
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Performance and Rewards in Healthcare
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Rewards and Performance Modelling
Prepared by Aon HewittTalent, Rewards & Performance
Presentation to HR Tech World - London
How We Do ItBringing Talent, Rewards, Performance and Industry Insight to Life
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Proof of Value: Summary Project Plan
Key Responsibilities
• Access to HR and Business/Finance stakeholders
in key areas to answer questions & validate results.
• HRLT Exec to Lead (ideally HR COO).
• Key to provide day to day PMO, and Project Board.
• Final Presentation to CHRO and CXO stakeholders
Financial endorsement and buy-in.
12/5 12/12 12/19 1/2 1/9 1/16 1/23 1/30 2/6
Project
Management/
Governance
HR/Business
Engagement
Mortgage:
Sales
Productivity
Equities:
Sales
Business
Case and
Next Steps
Weekly Project review meeting Project Board Every 2-3 weeks
Discovery Solution Design
Kic
k-o
ff
Presentation
Visualise
Kick Off Workshop
(1 day)
Pre
senta
tion
Discovery Solution Design Visualise
Develop Roadmap
Key Business & HR Key InputKey HR
Input
Business Case & Roadmap
Workshop (1 day)
Business Case Next StepsScope long Term Solution
Aon Investment and Responsibilities
• Access and leverage of Client / Benchmark data
that Aon already has through McLagan benchmarks
• Provision of a Project Manager/Consultant, Data
Scientists and Subject Matter Expert Consultants –
Free of Cost. Leadership - Eddie Short MD, People
Analytics.
Setup – Book
Workshops
Prepared by Aon HewittTalent, Rewards & Performance
Presentation to HR Tech World - London
Next StepsBringing Talent, Rewards, Performance and Industry Insight to Life
Prepared by Aon HewittTalent, Rewards & Performance
Presentation to HR Tech World - London 14
Contact
Eddie Short
Managing Director, Global Data & Analytics
Talent, Rewards & Performance
People Analytics
+442070865075
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About Aon Hewitt
Aon Hewitt empowers organizations and individuals to secure a better future through
innovative talent, retirement and health solutions. We advise, design and execute a wide
range of solutions that enable clients to cultivate talent to drive organizational and
personal performance and growth, navigate retirement risk while providing new levels of
financial security, and redefine health solutions for greater choice, affordability and
wellness. Aon Hewitt is the global leader in human resource solutions, with over 35,000
professionals in 90 countries serving more than 20,000 clients worldwide across 100+
solutions. For more information on Aon Hewitt, please visit aonhewitt.com.
2017 Aon plc
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