Jazz Pharmaceuticals, a global biopharmaceutical company, is dedicated to providing life-changing medications to people with limited treatment options. However, with the growing complexity of HR administration, Jazz Pharmaceuticals faced significant challenges. By implementing the HR Analytics Accelerator and Power BI, Jazz Pharmaceuticals was able to optimize and streamline its data-driven HR decisions. The solution provided a comprehensive 360-degree view of all relevant HR data, increased efficiency in onboarding new employees, reduced turnover and provided deep departmental insights.
The challenge - reducing complexity & gaining insights
Jazz Pharmaceuticals recognized the need to put its HR decisions on a sound, data-driven footing in order to drive forward its ambitious goals. In particular, the challenges included the inability to consistently process data from HR systems and view historical changes. Without a comprehensive overview of the relevant HR data and an effective method of reporting and analysis, it was difficult for the company to make informed decisions and optimally align its HR strategy. To increase efficiency in HR administration, there was a need for comprehensive and consistent processing of data from the HR systems and the ability to analyze and track it historically. The company wanted to ensure that its managers had the necessary insights to make strategic decisions accurately and promptly.
The Solution – HR Analytics Accelerator
Together with INKUBIT , the customer decided to implement the HR Analytics Accelerator and Power BI. This allowed the following key components to 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 thanks to the insights gained.
- Executive Insights Dashboard: A general overview of departments, personnel 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 personnel decisions through rapid provision of 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 enables us to make targeted, data-driven decisions. By optimizing our HR processes, we have been able to increase efficiency and reduce costs, and gain a 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 the HR Analytics Accelerator from INKUBIT , Jazz Pharmaceuticals was able to achieve significant improvements and strategic advantages:
With the new People Analytics solution, Jazz Pharmaceuticals was able to identify and eliminate inefficient processes. In particular, the 20% reduction in employee turnover led to significant cost savings. The targeted use of predictive analytics functions made it possible to identify churn risks at an early stage and take measures to retain employees, which significantly reduced the costs of recruiting and onboarding new employees.
The rapid implementation of the HR Analytics Accelerator fostered a data-driven culture at Jazz Pharmaceuticals. Detailed reporting and analysis at the departmental level enabled informed, strategic HR decisions, transforming and modernizing the entire HR strategy and administration.
These results were achieved thanks to 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.
- Customization of Power BI reports: Customized reports for detailed insights.
- Enabling the ETL process: Efficient extraction, transformation and loading (ETL) of data.
- Release of the HR Analytics Accelerator: Provision of the Solution for quick and effective use.
This targeted and comprehensive support enabled Jazz Pharmaceuticals to significantly improve its HR processes and successfully achieve its strategic goals. Data-driven HR decisions contribute to the well-founded improvement of the strategy.