HR analytics is certainly not a new concept, but with the increased attention HR is receiving from corporate leaders, there is a renewed interest to deliver proactive insights that enable strategic decision making. It’s time to clearly identify why HR analytics matter to CEOs.
In order for your HR organization to lead the way, you must maintain a disciplined strategy:
- Define your data strategy. Understand who is using your data, why they are using it and the gaps that exist, then develop the strategy to close the gaps
- Designate a champion for the strategy. This should be a dedicated role with a Data Scientist skillset
- Staff and resource them appropriately. Along with the Data Scientist, you must have a Value Architect who can read the data like a book and deliver timely, actionable insights to the organization
By deploying a well thought-out strategy, our clients are delivering proactive analysis and leading change for their companies, and improving the way CHRO’s engage in strategic decisions.
Decisive Data’s HR Practice leads are helping take HR analytics from chaos to control to support the most important investment a business makes: human capital.
Dan Stachofsky & Bart Morse
*Many thanks to Jason Kolb (www.jasonkolb.com) for the data strategy
levels mentioned in the video. http://www.jasonkolb.com/why-data-strategy-matters/
Posted by Brian Pohl