Why Does Review And Talent Analytics Matter?

Posted by | February 17, 2016 | Analytics, HCM, Uncategorized

The topic of review and talent analytics is a trending one these days. No matter if you’re planning to enhance client loyalty, acquire new customers or create a large audience with content, you need to use analytics to set objectives and evaluate what’s working for you. Talent analytics, which is people oriented and is targeted at your Human Resource helps organizations at various stages in determining the health of their talent, for e.g. it basically takes out all the guesswork from the hiring process and helps you in appointing the apt talent. The data provided through review and talent analytics helps companies and recruiters reassure a great talent match based on their requirement, both while recruiting as well as retaining.

Talent analytics – what is all about?

Talent analytics is all about a simple data-focused approach to ensure proper decision-making regarding your future and current employees. By evaluating past employee behavior to anticipate future performance, talent analytics helps in hiring the best candidate for the job.

What Money ball Taught Us about Analytics?

By utilizing data gathered from the present workforce can significantly enhance you capability to make faster, smarter decisions at the time of recruiting talent. Depending entirely on the gut to hire the right individual, is a huge mistake. A famous film and novel named Money ball showcased sports analytics which is a commonly known practice. The film showcased the fact that how sports and talent analytics hire professional baseball players. Companies can also use this analytics process to organize work to bring into line with the employee capabilities and company’s strategy.

Talent Analytics – Science or Art?

The power of data is huge but still depending upon it entirely is something that can go wrong for you. Employees can be of several kinds and they are human beings with different characters, and therefore relying on data points and number is not the only thing that you need. Stellar recruiting process is not just an art but a science as well. It is important to use analytics and data as business intelligence is important, however your value judgment also plays a crucial role.

For making the best hiring decisions, it’s important to recognize your company’s requirements and based on them you should get started with the review and talent analytics process.

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