RECLAIMING TIME WITH DATA, VISIBILITY AND ANALYTICS
Today and beyond, the self-quantification trend will evolve beyond physical health to encompass all aspects of people’s daily lives—including time spent at work. Just as individual consumers have embraced wellness self-quantification data, including minutes spent moving and calories consumed, employees will embrace technologies, such as people analytics, at work to better inform individual and team performance trends.
The data gleaned through feedback and people analytics technologies will provide unprecedented insights around workplace habits, including time spent in email, collaborating with others, walking to meetings and even chatting with coworkers, sensed through near-field communications and micro transmitters. Personal dashboards can report on employees’ daily activities and provide feedback loops that empower individual employees, departments and companies to improve performance and efficiency.
External studies support the prediction, with a report published recently by the World Economic Forum suggesting that increased connectivity through new technologies and big data could result in $14.4 trillion of added value across global industries. These commercial gains are driven by the opportunity for improvements in employee productivity, asset utilization and innovation.