Human Resource Metrics: Data, Performance, and Storytelling Analysis
VerifiedAdded on 2020/05/16
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Homework Assignment
AI Summary
This assignment delves into the significance of human resource metrics and their application in performance management. It begins by defining performance management systems and emphasizing the importance of using relevant data over convenient data for accurate assessments. The assignment then explores the negative impacts of using incorrect data in HR, including ineffective recruitment, reduced productivity, non-compliance, and employee turnover, using real-world examples to illustrate these points. Furthermore, it highlights the power of storytelling in HR, outlining how data can be transformed into compelling narratives to motivate and influence employees effectively. The process of storytelling is broken down into data collection, data reduction, story crafting, and real-life application. The assignment concludes by reiterating the value of relevant data in making informed decisions and improving organizational outcomes, supported by a Harvard business study review. The assignment covers various aspects of HR metrics, including performance management, data analysis, and storytelling, to showcase the importance of data-driven decision-making within the human resources field.
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