How HR leaders are boosting the speed and quality of workforce decision-making by tapping the power of big data
How HR leaders are evolving their standards for benchmarking to activate timely and actionable insights about their people
Gone are the days of relying solely on past data to make decisions about the future. Learn how HR leaders are boosting the speed and quality of workforce decision-making by tapping the power of big data – replacing historic HR records and salary surveys with relevant, recent and reliable benchmarks.
During this webcast, you’ll hear and discuss how HR leaders are evolving their standards for benchmarking to activate timely and actionable insights about their people, including:
Capturing big databenchmarks – Breaking down the barriers to aggregate data from multiple sources and systems and establish reliable benchmarks for specific industry, company size, location, and individual role.
Data visualization – A new generation of visualization tools make it easy for HR to enable leaders across the organization to interpret and apply benchmark data.
Everyday application – Technological innovations are bringing benchmarks directly into the business processes HR practitioners “live” in every day – providing fast access to pay, turnover, and workforce demographics that can inform business decisions.
Before HR can be successful in adding more value and driving business results today, it must first confront its past. If we don’t do this, these beliefs and biases become even more engrained in corporate memory.
A recent report from the IBM Smarter Workforce Institute, “Starting the Workforce Analytics Journey: The First 100 Days,” detailed a 10 step process of how to take 100 days to set up an analytics-enabled HR function. In reality, it’s how to take 100 days to plan your Workforce Analytics Journey.