People Analytics Quiz

What is the primary purpose of using data and analytic tools in people analytics?

• To slow down decision-making processes

• To make decisions based on intuition

• To identify insights for faster, more accurate decision-making

• To eliminate the need for business teams

What is the nature of operational reporting in People Analytics?

• Predictive and automated

• Reactive, ad-hoc, non-repeatable

• Proactive and consistent

• Fully integrated and seamless

Which approach in HR analytics is described as having "easy to implement, fast returns"?

• Long-term Business Improvement

• Fast Path to Action

• Quick Win

• Long-term Cost Savings

What is the goal of the 'Test Hypothesis' step?

• To develop repeatable data analytics logic

• To continue testing until the solution addresses the initial problem statement

• To build visualisation levels

• To identify data attributes

In which phase are project teams appointed?

• Phase One

• Phase Two

• Phase Three

• All phases

What is the final step in Phase Three?

• Review outcomes

• Make recommendations

• Ensure analysis can be replicated by the client

• Order priorities

What prompted senior management to develop a more granular understanding of individual trader performance?

• Increasing profitability

• Falling profitability

• Employee dissatisfaction

• Regulatory requirements

What was the effect of employee performance ratings being concentrated towards the upper end of the range?

• Increased information content

• Reduced information content

• No effect on information content

• Improved employee morale

What type of bank was the client mentioned in the document?

• Asian Investment Bank

• American Investment Bank

• European Investment Bank

• African Investment Bank

What type of data was aligned with compensation information?

• Customer feedback

• P&L, performance, and engagement data

• Market research data

• Sales data