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Hypothesis 1: If Shine store develops targeted training and knowledge transfer initiatives for aging employees, it will be able to retain essential competencies within the organization while reducing the impact of an aged workforce.
Hypothesis 2: If Shine store uses statistical data from its diversity and inclusion plans to improve recruitment practises, it will attract a more diverse.
1. Determine the types of data required to test the above hypotheses (i.e. turnover rates, employee age, etc.) and the potential sources (internal and external, as applicable) of this data.
2. Identify at least three stakeholders (for each hypothesis) who would need to be engaged if your hypotheses statements were to move forward as a workforce analytics project.
3. Assuming you don't have existing data analytics talent already in HR, nor the ability to go out and hire a team, consider the partnership options in Chapter 13 of the book "Power of people" by Nigel Guenole and make a recommendation as to the best approach to take should a project go forward. Support your choice with relevant arguments.
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