Sessions
Concurrent Session
Using Diversity Predictive Analytics to Create Business Impact Value and ROI
Salons B-D
Tuesday 10/27/2015 10:15 AM - 11:30 AM
1.25 SHRM PDCs, 1.25 Business Credit
| Competencies: Global & Cultural Effectiveness, Business Acumen
| Intended Audience: Senior-Level
Workplace Application:
This session will help you forecast financial impact for a specific initiative and calculate its ROI.
This session utilizes state-of-the-art techniques that analyze historical and current data to make predictions about the future performance. This session will help you answer what will happen when using a specific initiative and how to calculate its impact in ROI terms. A case study method will be used in this session to demonstrate the process. This session will help you learn how to:
- Effectively and accurately forecast your diversity initiaitive's value to the business.
- Establish indicators to track and measure your progress against predictions.
- Report results in a language that business executives respond to and understand.
- Implement a method of predicting (forecasting) the value of your diversity initiative to determine if you should move ahead.
- Apply a technique to use leading indicators that drive continuous improvement.
