4 Guidelines for Building a Business Case for Talent Analytics

November 7, 2014
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A May 2014 MIT Sloan Management research study reports that investments in analytics have steadily increased since 2009 by an annual average growth rate of 8.5%. Further industry research suggests that organizations making these investments are two times more likely to improve their recruiting efforts and leadership pipelines, and are three times more likely to realize cost reductions and efficiency gains. Though these findings demonstrate the value of data to solve business challenges and gain a competitive advantage, securing funding and support for workforce analytics initiatives can still be difficult, and success hinges on your ability to make an effective business case.