Jazz Pharmaceuticals, a global biopharmaceutical company, is dedicated to providing life-changing medicines to people with limited treatment options. However, with the growing complexity of HR management, Jazz Pharmaceuticals faced significant challenges. By implementing the HR Analytics Accelerator as well as Power BI , Jazz Pharmaceuticals was able to streamline its data-driven workforce decisions and make them more efficient. The solution provided a comprehensive 360° view of all relevant HR data, increased efficiency in onboarding new employees, reduced turnover, and provided deep insights at the departmental level.
The Challenge – Reduce Complexity & Gain Insights
Jazz Pharmaceuticals recognized the need to base its people decisions on a sound, data-driven basis in order to further advance its ambitious goals. The challenges were in particular not being able to process data from the HR systems consistently and not being able to view historical changes. Without a comprehensive view of the relevant HR data and an effective reporting and analysis methodology, it was difficult for the company to make informed decisions and optimally align its people strategy. In order to increase efficiency in personnel administration, there was a need for comprehensive and consistent processing of data from HR systems as well as the possibility of being able to evaluate and trace it historically. The company wanted to ensure that its executives had the insights they needed to make strategic decisions accurately and in a timely manner.
The Solution – HR Analytics Accelerator
Together with INKUBIT, the client decided to implement the HR Analytics Accelerator and Power BI. In this way, the following key components could be mapped:
- 360° view of all relevant HR data: Comprehensive insight into all HR information.
- Efficiency in onboarding new employees: Improved processes for the rapid integration of new employees through the insights gained.
- Executive Insights Dashboard: A high-level overview of departments, labor costs, and KPIs.
- Enumeration and performance reporting per department: Detailed reports on the performance of each department.
- Rapid implementation of a people analytics solution: Data-driven workforce decisions through rapid deployment of the solution.
The implementation of the HR Analytics Accelerator and Power BI has revolutionized our HR decisions. We now have a comprehensive view of all relevant HR data, which allows us to make targeted, data-driven decisions. By optimizing our HR processes, we have not only been able to increase our efficiency and reduce costs, but also gain deeper insight into the performance of our employees. INKUBIT has been instrumental in helping us achieve our strategic HR goals and establish a future-oriented, data-driven corporate culture.
The results with INKUBIT
By implementing INKUBIT’s HR Analytics Accelerator, Jazz Pharmaceuticals has seen significant improvements and strategic benefits:
With the new people analytics solution, Jazz Pharmaceuticals was able to identify and eliminate inefficient processes. In particular, the 20% reduction in employee turnover resulted in significant cost savings. By making targeted use of predictive analytics capabilities, churn risks were identified early on and employee retention measures were taken, significantly reducing the cost of recruiting and onboarding new employees.
The rapid implementation of the HR Analytics Accelerator fostered a data-driven culture at Jazz Pharmaceuticals. Detailed department-level reporting and analytics enabled informed, strategic HR decisions, transforming and modernizing the entire HR strategy and management .
These results were made possible by INKUBIT’s comprehensive services, including:
- Data transformation and best practices: Optimization and consolidation of all relevant HR data.
- People Analytics Consulting: Strategic consulting on the use of people analytics.
- Power BI report customization: Customized reports for detailed insights.
- Enabling the ETL process: Efficient extraction, transformation, and loading (ETL) of data.
- Released the HR Analytics Accelerator: Deploying the solution for fast and effective use.
Through this targeted and comprehensive support, Jazz Pharmaceuticals was able to significantly improve its HR processes and successfully achieve its strategic goals. Data-driven workforce decisions contribute to the well-founded improvement of the strategy.