CEO, Talent Analytics, Corp.
Data, metrics and analytics are a hot business topic these days. They’re “hot” because evidence shows that data helps make better decisions.
Data has led to operational efficiencies and cost reduction. “Talent data” is the obvious next focus. Data analysts have approached “talent data” by measuring traditional, easy to gather metrics like attrition, salaries, headcount, training and termination.
The challenge? It’s almost impossible to extract useful business intelligence from what is essentially tactical (or talent management) information.
Talent Management and Workforce Analytics are important, but mostly from a tracking perspective. They tell Business Leaders nothing about “why”.
Download Competing on Talent Analytics from Talent Analytics, Corp. for a comparative analysis of current talent measurement technologies and a few simple examples of the different between talent analytics and talent management information as they relate to informing business strategy.
Of the two approaches outlined, which would add more value to your business? Take the poll or comment below.