It’s a complex and challenging time in HR. The need for high performing talent is the greatest it’s ever been in the history of business. It’s for that reason leveraging data in human resources is paramount to success. Growth is linked to the data function and its existence across all dimensions of HR from talent acquisition to retention.
Data analytics, however, is like any other strategy: successful when all the right components are there and less than successful when they are not. What are the reasons for employing an analytics approach to human resources?
- Talent insight
- Prediction
- Trend revelations
Those are just a few in an ever-growing list.
The infographic below takes a closer look at some of the statistics related to data and its analysis. It also presents several notable case studies illustrating success.