What does a data-driven approach to HR look like?
Improving HR's business impact must be a priority for future-thinking, strategic HR professionals. This article looks at one key aspect of impact: the importance of having a data-driven model. If you'd like to delve deeper into this topic and understand at a broader level how to improve HR's business impact, download our webinar – Make HR […]
Top 10 reasons why your organisation needs to shift to a data-driven HR model
Improving HR's business impact must be a priority for future-thinking, strategic HR professionals. This article looks at one key aspect of impact: the importance of having a data-driven model. If you'd like to delve deeper into this topic and understand at a broader level how to improve HR's business impact, download our whitepaper – Make HR […]
Failure to thrive: is your HR technology actually solving problems?
In the first article in this series, we looked at whether HRDs were effectively ‘flying blind’ – not using the instrumentation that HR analytics provides to effectively tell them where they are going (or at least plot a credible course for their organisation). Of course, in any conversation about HR software, there’s always a lag […]
How is HR analytics evolving your reward function?
There's so much rich insight coming out of the academic sector that HR professionals need to know. At Academics' Corner we feature the best HR researchers that tell you what they’ve found and what you need to do differently on the back of the research. Get connected to the academic sector through Academics’ Corner and […]
How HR leaders can get to grips with analytics
According to Oxford Research, in the UK, the average cost of replacing an employee is in excess of £30,000. Add to those high costs the loss of hard-to-replace skills and talents, and it’s easy to see why employee retention is one of the major challenges facing HR leaders in 2016. And, as we further progress […]
Using data at 600mph – a fighter pilot’s story
Technology in the 21st century means that the use of data for decision-making, which in business, used to be the preserve of finance and possibly marketing, is now a critical tool in areas previously seen as more qualitative, such as HR. This three-part series examines learning for HR professionals from other areas, on the use […]
How to implement data-driven succession planning
A leadership succession plan can help you create a pool of high potential candidates ready to step up to critical roles. The problem is that many companies don’t know which of their middle managers have the capability or the aspiration to succeed in senior positions. That can leave your talented people feeling unrecognised, unappreciated and […]
How well do the FTSE100 report on their people?
Valuing the largest intangible asset, human capital, is at the forefront of most investors’ minds. It is the hardest asset to quantify yet is integral to corporate competitiveness, as it is something your competitors will find hard to replicate. At True North Analytics, we put the top 10 listed London Stock Exchange (LSE) companies to […]
Knowing your workforce will impact the bottom line
When Harper Lee wrote “I think there’s just one kind of folks. Folks” in To Kill a Mocking Bird in 1960, technology was only just emerging from academic and military applications. Few could have predicted the impact that it would have in today’s business environment and the role that data analytics could play in understanding […]
The impact of big data on HR strategy
HR, and specifically recruiting, is increasingly being asked to use big data sets to be more consultative. Instead of just going on gut-instinct and past experiences, talent acquisition teams are using statistics and trends to be strategic in how they find talent and which potential candidates will make the best fit. According to our own […]
“Imagine the data we will create in the next five or ten years.”
Tom Marsden is CEO of analytics company Saberr. He is an entrepreneur with experience in strategy consulting, talent management and finance. As a company Saberr help people make better decisions about their people through data. 1) Even though HR has been using the term Big Data for ages, HR data is not voluminous, varied or […]
Real examples of HR analytics in action – and data scientists in HR
This is an interview with Ian Cook, Director of Product Management at workforce analytics company Visier. In this interview Ian discusses the most common and valuable use cases for data analytics in the modern HR department, to what extent the department will be staffed by data scientists in the future, and how HR directors can […]
Wearables are the HR tool of the future – today
For most HR professionals, the development and retention of employees has remained largely unchanged over the past few decades. New schools of thought come along bringing with them snappily titled procedures such as ‘personal development plans’, ‘360 reviews’ or ‘psychometric profiling’. However, the fundamental process remains the same – HR professionals ask questions about the […]
Unlocking data in HR
Payroll is one of the biggest business costs, and yet despite an increasingly competitive marketplace, few organisations truly understand what drives the performance of their workforce. A recent survey by HRReview found that 79% of HR professionals agreed that their organisations believed effective talent management was critical to the bottom line. However, over 50% thought […]
How to deal with the politics of data
I am fed up with hearing about the exciting potential of data. We all know there is serious value in data. There is no news there. And yet 90% of companies have chronic problems with missing, outdated and inaccurate data[1] and in two thirds of organisations the majority of time is wasted on consolidating data instead […]
Third of workers happy for employer to use their social media data
Almost a third of employees would allow their employers to access their personal data, such as social media profiles, to help measure productivity and engagement, according to new research. This type of data profiling, already used by retailers and advertisers to understand consumer behaviour, could soon become common in the workplace, PwC’s Future of Work […]
Actionable analytics: Taking HR to the next level
In an age where Google knows what you’re looking for before you’ve finished typing, it’s surprising that business professionals lack the tools to organically discover information about their workforce. People managers are tasked with making strategic decisions around talent and staffing that hugely impacts their businesses, yet can’t easily get to data that results in […]
HR – stop saying you don’t understand data
Technology is challenging and driving the HR community to identify the potential gains of data. However, HR teams are still a long way from getting the most out of it. Despite all the hype surrounding data, it is not uncommon to hear HR professionals say, “I don’t do numbers” or “I don’t understand data”. At […]
Interview: David Foskett, Sales & Marketing Director, ADP
If you are interested in Big Data, take a look at our Big Data hub, featuring a televised panel debate with six experts and related whitepapers and resources to help you understand how Big Data how can help you within your own organisation and industry. The Big Data hub also features on-demand webinars on key […]
Talent analytics to transform recruitment and onboarding
It is often said that ‘our people are our most important asset’ but as organisations what are we doing to encourage and nurture our high performers and ensure attrition rates remains low? Are we recruiting more people like them to plug skills gaps, support growth opportunities, as well as engaging with them at the right […]