Yes, there is a difference. Reports summarize current and past data. KPIs measure degrees of success based on the comparison of summarized data (actual) to forecast. Analytics are typically used to predict future performance.
In other words:
- Reports (metrics) = what happened
- KPI = why it happened
- Analytics = how can we improve
This is an important distinction for HR, because most HR managers and executives are not necessarily technical. You may be requesting the wrong service from your IT resources, wasting valuable time when timing is critical to HR.
LBi is proud to announce that we have been awarded a 2018 Top Workplaces honor by Newsday. We’d like to thank all of our employees, who made this happen.
The list is based solely on employee feedback that was gathered through a third-party survey that was administered by research partner Energage. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.
According to survey responses, some of the things we do well include:
- Senior Management understanding what’s really happening at LBi
- Heading in the right direction as a company
- Making sure our employees feel genuinely appreciated
Of course, we received some constructive criticism, as well, and have been working on some action items to improve in areas that we’re lacking.