09 4 15 data driven hr impacts of talent management bus case slideshare
Data-Driven HR: A Force to be Reckoned With
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Transcript of Data-Driven HR: A Force to be Reckoned With
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A FORCE to be Reckoned
With
DATA DRIVEN
HR
ENGAGING
ACCURATE
PREDICTIVE
RELEVANT
56%
77%
80%
NEXT, TURN DATA INTO KNOWLEDGEAdd meaning. Learn from your data. Connect the numbers to the pressing areas of need in your organization.
Confusing, frustrating, or difficult to use. Gives users little reason to interact.
Relies on subjective self-evaluation with little or no outside input.
Focuses on reactive reporting, communicating only past performance.
Delivers generic, cookie-cutter numbers that don’t answer strategic questions.
Intuitive, enjoyable, and focused on
delivering value that employees appreciate.
Pulls data from multiple sources,
including those positioned to know
employees best.
Offers forward facing analytics by
highlighting predictors of future success.
Delivers answers tailored to the
unique challenges of your organization
and industry.
THE FORCE IS STRONG
with the 14% of companies that use data to direct HR decisions:
NOW, TAKE ACTIONApply your insights in workforce planning, training and development, and succession decisions.
FEEDBACKMonitor the impact of your data-driven strategy in order to discover the information you need to make the next decision.
ARM YOURSELF WITH TOOLS TO SUCCEEDWhen it comes to collecting, analyzing and acting on employee data, the talent analytics system you use can make all the difference. Use the following scale to choose a platform that meets the needs of today’s data-driven leaders:
FIRST, YOU NEED DATAReliable data that answers the questions: • “What hidden talent or strengths do our employees have?” • “What training would be most useful for their development?” • “How do we identify and equip the next generation of successful leaders?”
Want to Gain a Competitive Edge? Learn The Ways of the Data-Driven Force.
YouLab Makes it PossibleFor a talent analytics platform that makes data-driven HR possible, look no further than YouLab.
YouLab is designed for engagement and accuracy, equipping users with the insights and confidence needed to make the most of your team’s talent.
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To learn more, visit us at
www.youlabonline.com or
Bersin by Deloitte (2016). Talent Analytics Maturity Model. https://www.linkedin.com/pulse/people-analytics-takes-off-ten-things-weve-learned-josh-bersin
HCI and Oracle (2015). Insightful HR: Integrating Quality Data for Better Talent Decisions. http://www.oracle.com/us/products/applications/human-capital-management /hci-insightful-hr-ex-ecutive-report-2565528.pdf
Bersin, J. (2015). Ten Disruptions in HR Technology for 2015: Ignore at Your Peril. Retrieved March 10, 2016, from http://www.slideshare.net /jbersin/ten-disruptions-in-hr-technology-for-2015-ignore-at-your-peril
Davenport, T. H., Harris, J. and Shapiro, J. (2010). I. Harvard Business
Shrinking budgets, stagnant engagement, and high turnover—the dark side of the workplace can be daunting.
Many HR teams are entering the fight unprepared: while most sizeable organizations collect data, few make the most of their information.
200%more confident in their ability to select the right
candidates
5%increased
profitability 30%higher stock
returns
6%increased
productivity
200%healthier
leadership pipeline
have no system for proactive reporting,
and only analyze data on an ad-hoc basis
cannot make confident decisions
based on existing data sources
rely on gut feel for important talent
management decisions