Creating Value With HR Analytics
WHAT YOU NEED TO KNOW
There are two ways to create value with data as an HR organization
Analytics - The goal is to organize all of your data into a centralized location to power insights and dashboards. Business leaders need data at their fingertips to make better strategic decisions.
Process Automation - The goal is to save time by automating manual tasks and business processes. Instead of manually copying information from one system to another, it should take place automatically.
In both scenarios, data provides leverage to your team and to the organization as a whole. With analytics, you’re provided with information that allows you to make better decisions (headcount planning, performance management, optimizing the hiring funnel, etc.). With automation, you’re able to make decisions and complete tasks faster and with fewer resources.