Metric Five: Business Impact Analysis
Value. Building on the first two metrics, partnering with managers, one can place a financial and business analysis to the roles. This type of analysis may also be effective in justifying funding for Human Resources projects in staffing and developing talent in vulnerable areas.
Data Elements. Each row contains the job title that is vulnerable during the retirement wave. The Key Skills column outlines the skills that create value. Current Revenue Impacts measures the sensitivities of that job on revenue. The New Business Impacts of the position (exposure to new sales, support of sales, product development, and so on). Other implications are reserved for describing impacts on business without revenue.
Presentation. Present Table 10.8 as a grid of the core competencies, revenue impacts, and implications of the business impact during the next X years.
| Job Title | Key Skills | Current Revenue Impacts | New Business Impacts | Implications |
|---|---|---|---|---|
| Turbine Engineer | ||||
| Aerospace Engineer | ||||
| Chemical Engineer | ||||
| Mergers & Acquisitions | ||||
| Sales—Aerospace Division |
Get Ultimate Performance: Measuring Human Resources at Work now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
