With good quality data, organizations can create effective strategies and make informed decisions.

To better understand the data we have and the process of data analysis, econometrician, author, and speaker John Johnson joins us in this episode to talk about how to use data to make sound decisions regarding our employees.

John H. Johnson is President and CEO of Edgeworth Economics and Edgeworth Analytics, and has his Ph.D. in economics from MIT. He is known internationally for his ability to explain highly sophisticated concepts in a simple, straightforward manner, and brings this skill to his consulting, writing, and speaking.

In this episode, you will learn about:

  • What data within organizations should HR professionals need to be paying attention to right now?
  • The broader definition of data
  • The first key to good data analysis
  • The issue of bias with data analysis
  • Correlation versus causation
  • Data vs. people
  • John’s thoughts on gut feeling and decision making
  • Advice to people who are distracted by misinformation
  • Basic skills you can employ to make sure you’re not taken advantage of

Connect with John

  • LinkedIn
  • Twitter
  • Edgeworth Analytics

Resources mentioned in this episode:

  • Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
  • Everydata: The Misinformation Hidden in the Little Data You Consume Every Day by John H. Johnson

Contact Brandon: Email Brandon.Laws@xeniumhr.com or connect on LinkedIn, Twitter, or Instagram.

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Products Discussed In This Episode