HR Analytics are about people—how they engage with your company and the measurable results that their behavior makes to your business. Talent Management can utilize good analytics to select the right people, provide the right training, and show measurable results to the business. The following 14 thoughts, curated from research from a variety of studies, address the criticality of talent analytics and the results that can be shown from a well-selected and engaged workforce.
3. HR Analytics are about people—how they engage with your company
and the measurable results that their behavior makes to your
business. Talent Management can utilize good analytics to select the
right people, provide the right training, and show measurable results
to the business. The following 14 thoughts, curated from research
from a variety of studies, address the criticality of talent analytics and
the results that can be shown from a well-selected and engaged
workforce.
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4. 14 Thoughts on Analytics for
Talent Management
More and more leaders recognize
that people—not products—create
sustainable competitive advantage,
but they are unsure about what to do
differently and how to get started.
Source: The Human Capital Institute Stuck In Neutral
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5. 14 Thoughts on Analytics for
Talent Management
The most valuable assets of a 20th-century
company were its production equipment.
The most valuable asset of a 21st-century
institution, whether business or non-business,
will be its knowledge workers and their
productivity.
Source: Peter Drucker
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6. 14 Thoughts on Analytics for
Talent Management
Organizations that invest in
talent management outperform
their competition significantly.
Harvard Business Review 2007
Return on Employee Investment - Sage
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7. 14 Thoughts on Analytics for
Talent Management
According to HP leaders, the most critical
issues in people management are:
• Leadership development and pipeline
• Talent management
• Creating a high-performance culture
• Training and development
Source: Deloitte
Taking HR to the next level
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8. 14 Thoughts on Analytics for
Talent Management
Employees who will determine the length
of their stay during the first 30 days
Aberdeen Group:
Onboarding Benchmark Report, 2006
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9. 14 Thoughts on Analytics for
Talent Management
Aberdeen Group: Onboarding Benchmark Report, 2006
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10. 14 Thoughts on Analytics for
Talent Management
Best Buy stores in which employee
engagement increased by a tenth of a
point (on a 5-point scale) experienced
a $100,000 increase in annual sales.
Return on Employee Investment (Sage):
http://www.youtube.com/watch?v=8lJNzOALdzw&noredirect=1
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11. 14 Thoughts on Analytics for
Talent Management
Return on Employee Investment (Sage):
http://www.youtube.com/watch?v=8lJNzOALdzw&noredirect=1
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12. 14 Thoughts on Analytics for
Talent Management
Public organizations with high employee
engagement had Earnings per Share
growth more than 2.5 times greater than
low engagement companies.
Return on Employee Investment (Sage):
http://www.youtube.com/watch?v=8lJNzOALdzw&noredirect=1
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13. 14 Thoughts on Analytics for
Talent Management
JC Penney stores with high
engagement of employees generated
10% more sales per square foot than
average stores.
Return on Employee Investment (Sage):
http://www.youtube.com/watch?v=8lJNzOALdzw&noredirect=1
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14. 14 Thoughts on Analytics for
Talent Management
MetLife agents hired for a positive
mental mindset outsold more
pessimistic counterparts by 21%
in the first year and by 57% the
following year.
Workforce Magazine, September, 2013
The Power of Positive Thinking
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15. 14 Thoughts on Analytics for
Talent Management
Top performers spend 12% more
on internal talent management.
SSON:
Big Data and Shared Services
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16. 14 Thoughts on Analytics for
Talent Management
72% of senior executives believe
people and talent are critical to
company results.
Deloitte:
Taking HR to the Next Level
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17. 14 Thoughts on Analytics for
Talent Management
Only 27% of companies feel they
have a strong team of analytical
talent who can execute HR Analytics
projects.
Source: Cornell University CAHR
The State of HR Analytics
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18. 14 Thoughts on Analytics for
Talent Management
Media 1 are experts in Return On People, a powerful
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Human Capital Analytics. We apply ROP to increase
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Return On People will help you create an accountable
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