Turn Workforce Analytics Into Action

Content

Synopsis: Companies demand more accountability from HR to quantify their value as part of staffing best practices. New talent management technology bring better workforce analytics to HR and other departments, as they are tasked with aligning talent management with business goals. A five-step methodology turns analytics into action and drives organizational performance.

Keys:

• Scope the project: Building a workforce analytics strategy can span the spectrum from enterprise-wide approaches to departmental solutions. Focusing scope helps achieve the desired outcomes.
• Define metrics: Choose metrics (fewer is more) that are actionable and predictive, aligned with the business, consistent, time-trackable and can be benchmarked.