HR leaders strive every day to convert the activities of their function into tangible value and to create real business advantages through people. As with any strategic initiative, the ability to access, analyze and report on success or failure is paramount. Human capital management (HCM) analytics are, at their most basic level, a reporting of specific operational activities or workforce demographics. At their most strategic level, however, they are a highly effective mechanism to aid corporate agility. Backed up by predictive HCM analytics, the right pivot in strategy can enable an organization to execute critical goals without any talent-related disruption along the way.
How is HCM data collected, analyzed and shared? What are the potential benefits of investing in analytical skills and/or technology within the HR function? This report seeks to provide HR and talent management leaders with answers to these questions and recommend how to increase their ability to inform and execute business strategy.