The need for high-performing talent has been rapidly increasing in the last decade and now it is more important than ever for organizations to understand what variables can make a difference to attract, retain and develop a competitive workforce. Data analytics involves studying past historical data to research potential trends, analyze the effects of certain decisions or events, and to evaluate the performance of a given tool or scenario. The goal of analytics is to improve the business by gaining knowledge which can be used to make improvements or changes.
What I like about the LinkedIn study you are going to read here, “The Rise of Analytics in HR”, is how this report addresses questions like:
• What is the role of analytics in the evolution of the HR function?
• What challenges can HR analytics solve?
• What industries are adopting HR analytics in North America?
• What skills are required of leaders and teams to leverage the true value of analytics?
• How can the HR function move from data to insights that drive outcomes?