In my first article on Survival Analysis, I introduced the concept of a survival function and how we can use this to compare different demographics in the case of churn. Here the mode of transport was used to compare churn rates Read more…
What is model explainability and why do we need it? Machine learning has been on a roll during the past decade. Increasingly more businesses have recognized the potential of the technology and have started to implement predictive models to drive Read more…
“You need to learn about your churn!”. But what is churn? Am I going to talk about machines and techniques to improve butter production? Well, no, I am talking about the other type of churn, specifically employee churn, or turnover – the Read more…
For the first time, the People Analytics & Future Of Work (PAFOW) Conference was staged on the worldwide web rather than in large conference halls. However, this did not spoil the fun for Al Adamsen, David Green, and the more Read more…
“That’s astounding” — a common response you would hear from the ever enthusiastic Al Adamsen, the PAFOW (People Analytics & Future Of Work) founder. You could actually insert any overly positive adjective here (awesome was another favourite), I am sure Read more…
Unplanned employee absenteeism is undoubtedly a significant cost driver for any business. It is also something that can be very difficult to measure the true cost of. The direct costs — things like wages, administrative workload, and so on — Read more…
Our client’s challenge One of our clients – a major player in the European rail freight and logistics industry – was facing problematic employee churn amongst their train drivers, which negatively impacted their bottom line. Each new train driver is Read more…
“Daddy, did you check the weather forecast?” This is the question my daughter asks me almost every morning. I’ll be honest, I don’t usually check the forecast. I choose instead to rely on my own judgment. I look at the Read more…
People are the most important part of any company. Optimizing the way employees are recruited, utilized, and looked after is something that is always going to benefit the bottom line. This means that investing the necessary effort and resources here Read more…