Regular readers will know this is one of my regular themes. HR, analytics and a bit of cricket.
Tom Davenport, over on his Harvard blog, picks up on how HR could learn from Basketball.
How do analytics spread in sports? It usually starts with a few individuals who have seen their application in other domains (Daryl Morey of the Rockets, for example, was a fan of Bill James, the baseball stats Geek of Geeks), and figures they will work in a new context. Some like-minded rich people bankroll the experimentation (in the Rockets’ case, owner Leslie Alexander), and the team starts to perform pretty well (Houston had a 22-game winning streak last year despite injuries to key players). New metrics get developed–both by teams and amateurs outside them. Then other teams catch on. The last time I checked about a year ago, roughly half of NBA teams had statisticians on staff.
I wonder how many HR department have statisticians on their staff?
As a boy I wasn’t good enough to be in the cricket team, so I ended up being the scorer. I enjoyed it, and since then I have had an interest in how to measure performance. My German friends think it very odd that I can derive enjoyment from following a text based cricket commentary for 5 days, but anyway. There is beauty in these numbers (unless you are an Australian cricket fan).
I’m continuing to focus on HR analytics in my research, I recently did a note on absence management. Absence costs UK organizations 3% of payroll, yet less than 50% of organizations measure or analyse it. Time to train up a few scorers I think.
photo from vapours cc flickr. thanks.
There’s one set of numbers in there that I’ll enjoy keeping an eye on: J P Duminy … That was a pretty good start to a Test career (even if it did come at our expense!), and I like the look of him
Just passing by.Btw, you website have great content!
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Making Money $150 An Hour
hahah I love it…. you are sooo right… no one measures absences or turnover… you think they do…. companies think they do.. but ask them if they have the data to support the decision…meh!!
Viva Windies