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HR / People Analytics · how-to
Engagement Drivers — what moves sales/income — in Excel
A key-driver analysis. Every step below is the same analysis rendered for Excel — grounded in the source, honest where Excel can't do a step cleanly.
Same analysis, your tool
CORRELATE
see which outcomes engagement tracks with before claiming impact
=CORREL(AvgEngagementScore, CustomerSatisfaction,RevenuePerStaff,OperatingIncomePerStaff)REGRESS
estimate how much engagement moves sales holding advertising constant
=LINEST(Y, X_block, TRUE, TRUE) ' or Data ▸ Data Analysis ▸ RegressionVALIDITY · mechanical
confirm the driver model is statistically sound
=CORREL(measure, criterion) ' criterion validityRANK · mechanical
order drivers so the strongest lever is obvious
' sort the table by ABS(coefficient magnitude) descendingPREDICT
quantify the payoff of raising engagement (the Best Buy $100k logic)
' apply the fitted equation per row: y = const + b1*x1 + …Grounded in
Predictive HR Analytics with Excel, Sec 15.4-15.5 Analyze Engagement (correlation + multiple regression)
Doing HR / People Analytics work?
The full HR / People Analytics guide covers this and the whole workflow around it — reconciled from the field’s best books.
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