Building a World-Class Workforce Analytics Capability
With the changing scenario of the present business environment there is a growing need of expanded workforce analytical and reporting capabilities. Organizations are focusing more on to have an effective plan on place that caters to employee requirement, retains key people and attract the desired talent. This requires extracting valuable and accurate information from the humungous enterprise data available with the organizations. Workforce analytics is imperative in taking HR data to the next level of value for creating greater visibility and having actionable outcomes associated with complex business problems such as workforce planning, rewards, recruiting and retention, education and training and other workforce-related strategies.
Building a world-class workforce analytics capability, Deloitte Consulting LLP’s latest whitepaper discusses the path that organizations may follow to develop an advanced workforce analytics capability. This approach requires five critical enablers to build analytics capability: people, processes, technology, data and governance. Additionally, it discusses the below three areas which may be explored to develop in-house analytics capability in the present business scenario:
- Workforce planning
Download the PDF below to learn innovations and approaches that can help your organization towards a scalable and sustainable workforce analytics capability and a proactive HR function.