Today’s buzz: HR Analytics. Reality check. Your workforce could account for as much as 60 percent of your company’s total operating expenses. That means your HR department should be applying as much intelligence – and the right kind of analytics – to your people-related decisions as other managers apply to finance, sales, production, supply chain and other business factors. For example, if HR is collecting activity metrics that lack a business performance context, they could be spinning their wheels and yours. The experts speak.
Greta Roberts, Talent Analytics: “HR is the new Marketing.”
Holger Mueller, ConstellationRG: “The holy grail of analytics is to give analytics metrics to the hands of business users.”
Peter Howes, SuccessFactors, an SAP company: “Workforce planning is about risk mitigation and not about “best practice”. We invest in workforce planning only because the risk of not doing it is too great.”
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