Talent Analytics, also known as human resources analytics or people analytics, is the application of sophisticated data mining and business analytics techniques to human resources data. The challenge of human resources analytics is to identify what data should be captured and how to use the data to model and predict capabilities so the organization gets an optimal return on investment on its Talent Analytics.
The goal of human capital analytics is to provide an organization with insights for effectively managing employees so that business goals can be reached quickly and efficiently.
More and more corporations are looking into this field in order to optimize their workforce and business development. However only a small number of them are utilizing it to its full extend and there is a high demand for training and progression in this field.
Companies looking to invest in people capabilities use analytics to maximize how their employees’ actions support business strategy. These include the following;
- Make better evidence-based decisions
- Push the value of HR
- Build and sustain a performance culture
Key benefits of attending this workshop
- UNDERSTAND how and where to use analytics
- CRITIQUE data that is presented to them
- BUILD BUSINESS CASES for projects that involve analytics
- LEARN a variety of the more advanced People Analytics techniques
- COMMUNICATE data analysis to peers and clients
- CHANGING behaviors through data
- DEVELOP new, model-based ways of understanding organizations
Who Should Attend?
- Chief Talent Officers
- Chief Human Capital Officers
- Chief Human Resources Officers
- Chief Learning Officers
- VPs, Directors and Managers of Human Resources
- VPs, Directors and Managers of Performance Management
- VPs, Directors and Managers of Organizational Development
- VPs, Directors and Managers of Education and Learning
- VPs, Directors and Managers of Strategy and Workforce Planning
From all industries
Why you should Attend?
Despite the abundant data that companies possess, very few are capable to utilize this data for making sound human capital decisions, mostly as there is a lack of knowledge and skill on this topic. A recent study by Deloitte found that only 10% of companies are using analytics to solve talent challenges and only 4% are using analytics to predict and forecast future talent needs and outcomes. The majority of companies (84%) that use data only for reporting are at a significant disadvantage as companies that use HR data analytically (as opposed to using it only for reporting) have higher than average stock returns, more effective HR practices and more credible HR teams.
It has been shown that companies that engage in effective human capital analytics outperform their competitors in several aspects, including; quality of hire, retention, leadership capabilities, while also being ranked higher in their employment brand.