Why Workforce Analytics?
Learn why you should be applying Workforce Analytics to improve your business performance.
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“Industries are being disrupted. Talent is more mobile. All organizations need to understand the workforce better, and how it is executing the business strategy. And workforce analytics is at the heart of how to do this.”
Distinguished Professor of Workforce Analytics, Northeastern University
Adoption of Analytics
Many organizations are already realizing the benefits of analytics. A 2014 PWC report, written by The Economist Intelligence Unit, found that 89 percent of large company executives surveyed either already were using Big Data to make decisions or planned to start doing so in the next three years. In HR specifically, in its 2016 CHRO report, IBM found that the number of chief human resources officers (CHROs) using predictive analytics to make more informed workforce decisions across HR activities had increased by approximately 40 percent over two years. The evidence of the trend is clear, as Deloitte’s Global Human Capital Trends 2017 reports: “People Analytics, a discipline that started as a small technical group that analyzed engagement and retention, has now gone mainstream.”