Case Study Presentation - Royal Bank of Canada
Case Study Presentation - Royal Bank of Canada
Case Study Presentation - Royal Bank of Canada
Presentation
Royal Bank of Canada:
Presenter’s Name:
Using People Strategy and Analytics to Drive
Reeti Agrawal
Employee Performance
Pragati Raj Chaudhary
Background of the case
In 2015, The Royal Bank of Canada’s vice president of HR, Per Scott,
drive forward his new agenda: Collecting and analyzing huge
Introduction volumes of data about RBC employees and customers
To help the company achieve its strategic goals.
Idea came in 2012 – with Robert Carlyle, S. Dir. of Workforce
Management & Ivy Chiu, Dir. Of People Strategy
RBC had 5 Business segments
Case Facts
• Connecting HR to Strategy
• Building the People Analytics Team
• Innovation in the Acquisition of Data
• Using People Analytics to Achieve Performance Gains
Improving Managerial Effectiveness
Example in In 2010 – important traits of managers at RBC – “People
Management Framework”
the Case In 2011 – idea of complementary data-driven initiative called the
“Management Effectiveness Program”
HR continued to grow & develop its capabilities
Much more rigorous in running the HR strategy as a portfolio
Conclusion based
Focusing HR strategy on the areas of highest potential impact