Deck 14: HR Metrics and Workforce Analytics

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Question
Attempts to understand how an organization's human capital needs would change as a function of some expected change in the organization's environment is called ______.

A) strategic alignment
B) workforce modeling
C) operational experiments
D) data mining
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Question
The most important factor that has led to increased emphasis on HR metrics and analytics is

A) the costs involved in employee transactions
B) the quality revolution in the U.S.
C) the increased use and implementation of integrated HRIS
D) the growing interest in evidence-based management
Question
The technique used to identify a causal mechanism within data and identify patterns of relationships is called ______.

A) data mining
B) computing infrastructures
C) operational experiments
D) strategic realignment
Question
An example of a push communications channel is

A) memos from top management
B) posting metrics and analytics on company websites
C) offering access to searchable information repositories
D) e-mails to managers on metrics and analytics
Question
Strategic realignment involves the set of activities most commonly known as ______.

A) predictive analysis
B) benchmarking
C) Total Quality Management
D) human resource planning
Question
The Saratoga Institute/SHRM human resources metrics are

A) a highly valued overview of many HR metrics and the formulas used to calculate them
B) metrics that began to be used to measure HR effectiveness
C) used to measure or audit HR programs and activities
D) all of these
Question
Workforce analytics are

A) used to calculate costs and benefits analyses
B) used to predict the future strategy of an organization
C) strategies for combining metrics and examining changes in metrics
D) efforts to align real-time analysis of organizational and HR processes
Question
The metrics that focus on how well the HR department accomplishes its critical processes to support organizational effectiveness are ______.

A) strategic realignment
B) predictive analysis
C) computing infrastructures
D) administrative process efficiency
Question
An important test of the appropriateness of outcome metrics is the "why" test.
Question
One of the useful things to remember about HR metrics and analytics is "Don't Do Metrics." This advice means

A) that organizations without an integrated computing infrastructure should not do metrics
B) not to focus on small, narrowly targeted metrics
C) developing HR metrics should be focused on increased organizational effectiveness
D) both push and pull communications should be used
Question
The primary purpose for the use of HR metrics and workforce analytics is to

A) measure the effectiveness of HR programs
B) help managers make different and better decisions
C) compare the differences among operational departments (e.g., finance and marketing)
D) provide qualitative information about the functioning of the organization
Question
A method of creating useful comparisons is called ______.

A) organizational enhancement
B) baseline functionality
C) benchmarking
D) risk avoidance
Question
Assessing and reporting HR metrics will result in better organizational performance.
Question
______ allows users to maintain a current snapshot of key HR metrics.

A) A dashboard
B) Data mining
C) Workforce modeling
D) An operational experiment
Question
The balanced scorecard approach focuses on what will happen in the organization.
Question
"Big Data" refers to

A) many dashboards on one topic
B) large datasets that can be many terabytes or more
C) a program to build more effective benchmarks within an organization
D) all of these
Question
HR process efficiency focuses on how well HR departments accomplish critical HRM processes that support organizational effectiveness.
Question
Many managers perceive the increased interest in metrics and analytics as simply a mandate to compute and report more metrics.
Question
Actively sharing HR metrics and workforce analytics information with managers via e-mail is called ______.

A) putting HR metrics and analytics data in context
B) push systems of reporting
C) bottom line reports
D) benchmarking
Question
A common concern among individuals who construct metrics and analytics reports is

A) they can lead to erroneous managerial actions
B) whether anyone pays any attention to their reports
C) poor reporting of data elements to form metrics by the HR department
D) that the computer software is capable of handling the magnitude of data
Question
What is the value of an HR dashboard?
Question
Understanding what opportunities and problems managers face does not suggest relevant analyses that can support better decisions.
Question
What is workforce modeling,and what is its use in an organization?
Question
If managers do not use HR metrics and analytics to make different and better decision,the first question is the cost.
Question
Personal theories used to identify choices for outcome measures are an accurate reflection of reality.
Question
What is the difference between data mining and predictive analyses?
Question
"Big Data" is often seen as valuable because it offers volume,variety,and velocity.
Question
What is the difference between "push" and "pull" methods of communicating HR metrics and analytics?
Question
What are some of the limitations of early attempts of HR metrics?
Question
What is the primary determinant of the success of a metrics and analytics project?
Question
Why is it important to put HR metrics and analytics in context?
Question
Trying to identifying what metrics should be reported without considering an organization's problems and opportunities misses the reasons for the metrics.
Question
What metric of HR effectiveness is calculated by "the sum of external costs (recruiting)and internal costs (training new employees)divided by the total number of new employees in a specific time period"?
Question
Dashboards are an enriched component of reporting.
Question
No information system generates any return on the investment unless managers change their decision behavior for the better.
Question
What is the most important use of HR metrics and analytics?
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Deck 14: HR Metrics and Workforce Analytics
1
Attempts to understand how an organization's human capital needs would change as a function of some expected change in the organization's environment is called ______.

A) strategic alignment
B) workforce modeling
C) operational experiments
D) data mining
B
2
The most important factor that has led to increased emphasis on HR metrics and analytics is

A) the costs involved in employee transactions
B) the quality revolution in the U.S.
C) the increased use and implementation of integrated HRIS
D) the growing interest in evidence-based management
C
3
The technique used to identify a causal mechanism within data and identify patterns of relationships is called ______.

A) data mining
B) computing infrastructures
C) operational experiments
D) strategic realignment
A
4
An example of a push communications channel is

A) memos from top management
B) posting metrics and analytics on company websites
C) offering access to searchable information repositories
D) e-mails to managers on metrics and analytics
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
5
Strategic realignment involves the set of activities most commonly known as ______.

A) predictive analysis
B) benchmarking
C) Total Quality Management
D) human resource planning
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
6
The Saratoga Institute/SHRM human resources metrics are

A) a highly valued overview of many HR metrics and the formulas used to calculate them
B) metrics that began to be used to measure HR effectiveness
C) used to measure or audit HR programs and activities
D) all of these
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
7
Workforce analytics are

A) used to calculate costs and benefits analyses
B) used to predict the future strategy of an organization
C) strategies for combining metrics and examining changes in metrics
D) efforts to align real-time analysis of organizational and HR processes
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
8
The metrics that focus on how well the HR department accomplishes its critical processes to support organizational effectiveness are ______.

A) strategic realignment
B) predictive analysis
C) computing infrastructures
D) administrative process efficiency
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
9
An important test of the appropriateness of outcome metrics is the "why" test.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
10
One of the useful things to remember about HR metrics and analytics is "Don't Do Metrics." This advice means

A) that organizations without an integrated computing infrastructure should not do metrics
B) not to focus on small, narrowly targeted metrics
C) developing HR metrics should be focused on increased organizational effectiveness
D) both push and pull communications should be used
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
11
The primary purpose for the use of HR metrics and workforce analytics is to

A) measure the effectiveness of HR programs
B) help managers make different and better decisions
C) compare the differences among operational departments (e.g., finance and marketing)
D) provide qualitative information about the functioning of the organization
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
12
A method of creating useful comparisons is called ______.

A) organizational enhancement
B) baseline functionality
C) benchmarking
D) risk avoidance
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
13
Assessing and reporting HR metrics will result in better organizational performance.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
14
______ allows users to maintain a current snapshot of key HR metrics.

A) A dashboard
B) Data mining
C) Workforce modeling
D) An operational experiment
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
15
The balanced scorecard approach focuses on what will happen in the organization.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
16
"Big Data" refers to

A) many dashboards on one topic
B) large datasets that can be many terabytes or more
C) a program to build more effective benchmarks within an organization
D) all of these
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
17
HR process efficiency focuses on how well HR departments accomplish critical HRM processes that support organizational effectiveness.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
18
Many managers perceive the increased interest in metrics and analytics as simply a mandate to compute and report more metrics.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
19
Actively sharing HR metrics and workforce analytics information with managers via e-mail is called ______.

A) putting HR metrics and analytics data in context
B) push systems of reporting
C) bottom line reports
D) benchmarking
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
20
A common concern among individuals who construct metrics and analytics reports is

A) they can lead to erroneous managerial actions
B) whether anyone pays any attention to their reports
C) poor reporting of data elements to form metrics by the HR department
D) that the computer software is capable of handling the magnitude of data
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
21
What is the value of an HR dashboard?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
22
Understanding what opportunities and problems managers face does not suggest relevant analyses that can support better decisions.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
23
What is workforce modeling,and what is its use in an organization?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
24
If managers do not use HR metrics and analytics to make different and better decision,the first question is the cost.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
25
Personal theories used to identify choices for outcome measures are an accurate reflection of reality.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
26
What is the difference between data mining and predictive analyses?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
27
"Big Data" is often seen as valuable because it offers volume,variety,and velocity.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
28
What is the difference between "push" and "pull" methods of communicating HR metrics and analytics?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
29
What are some of the limitations of early attempts of HR metrics?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
30
What is the primary determinant of the success of a metrics and analytics project?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
31
Why is it important to put HR metrics and analytics in context?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
32
Trying to identifying what metrics should be reported without considering an organization's problems and opportunities misses the reasons for the metrics.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
33
What metric of HR effectiveness is calculated by "the sum of external costs (recruiting)and internal costs (training new employees)divided by the total number of new employees in a specific time period"?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
34
Dashboards are an enriched component of reporting.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
35
No information system generates any return on the investment unless managers change their decision behavior for the better.
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
36
What is the most important use of HR metrics and analytics?
Unlock Deck
Unlock for access to all 36 flashcards in this deck.
Unlock Deck
k this deck
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Unlock Deck
Unlock for access to all 36 flashcards in this deck.