In my previous videos, I’ve talked about how to make sure that you’re measuring what is meaningful for your company, and that you always need to tie HR results to business results. Another piece of the puzzle is to have the right team and leader in charge of your talent analytics group. In the age of big data, business leaders and HR professionals are still learning to combine good old-fashioned intuition or gut feelings with analytics when it comes to making workforce decisions. In fact, Josh Bersin, (the founder of the research firm Bersin by Deloitte) mentioned in a recent interview that only 4% of the market currently has a sophisticated analytics strategy, while about 50-60% of companies are still trying to make sense of the data that they have.
So where should organizations look to implement a talent analytics program begin? I say start by hiring the right people.
I hope you enjoy this video, learn something that you can apply right away, and that it helps take you from where you are to where you want to be.
Until next time.