What Will You Do with Your Talent Analytics?

Michael Schrage completed a great piece on analytics for the Harvard Business Review recently, and asked: What do you plan to do with your talent analytics?  Schrage detailed the efforts of basketball star LeBron James to utilize analytics to improve his skills.  James took a deep dive in the data on his playing, “and an even better and harder look at himself. Then he hired retired NBA legend (Hakeem) Olajuwon — the only player in NBA history to win the MVP, Finals MVP, and Defensive Player of the Year awards in the same season — to help remedy the undeniable flaws and shortcomings of his game. He explicitly linked analytics to his personal and professional transformation".

It is not enough for a firm to possess a talent analytics package.  Leadership needs to decide what the goals will be.  Once the goals have been decided, HR will require a road map to drive the firm from the starting point to the goal.   HR must have talented data scientists to be able to process the information and make sense of  the data.  The analytics will be worthless if they are not applied systematically toward strategic goals.  Analytics can transform the business but leadership has to be committed to use the data to improve.  James was able to use analytics, and his drive to improve his play, to lead his team to win the 2012 NBA Championship and be named the Finals MVP along the way.   What will your goal be?

Join HCI on May 22, 2013 at 12pm ET for the webcast Align Human Capital Metrics with Organizational Goals for Optimal Success to hear Scott Mondore, Managing Partner of Strategic Management Decisions, show how building from the individual cog leads to effectiveness for the entire machine, and how by examining individual talent analytics, leaders can determine the key drivers for the firm’s financial success.