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CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

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Editor's Pick (1 - 4 of 8)
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Enabling a Collaborative Workforce around the Globe

Enabling a Collaborative Workforce around the Globe
Daniel M. Horton, CIO, Sallyport Global

Artificial Intelligence: The Key Unifier Between the CIO and CHRO

Artificial Intelligence: The Key Unifier Between the CIO and CHRO
Amy Lui Abel, Ph.D, MD, Human Capital, The Conference Board And Lyle Yorks, Ed.D., Professor, Columbia University

Driving Employee Engagement Through Purpose

Driving Employee Engagement Through Purpose
Lowinn Kibbey, Global Head, Johnson & Johnson Human Performance Institute

Bringing HR Analytics a Bit Closer to the Business

Bringing HR Analytics a Bit Closer to the Business
Martin Jessen, VP, HR Strategic Customers and Segments, Schneider Electric

Technology Breaks the HR Language Barrier

Technology Breaks the HR Language Barrier
Gary Russo, Director Workforce Intelligence, Providence Health & Services

The Importance of Data Science in HR

The Importance of Data Science in HR
Peter Bellotti, Director of Sales, Head of U.S. Office, Mitrefinch

Where Human Resource Software is Headed in the Future

Where Human Resource Software is Headed in the Future
Sarath Pendyala, Head of Content Marketing, SutiSoft

Innovative and Disruptive Technologies in HR

Innovative and Disruptive Technologies in HR
Bala V Sathyanarayanan, EVP of Business Transformation & CHRO, Xerox

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Why HR analytics is a tool every company needs

By CIO Applications| Wednesday, March 06, 2019
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Digital transformations have entirely changed the workplace environment, and along with it, the functions of different departments in organizations. Technology has revolutionized almost all the features of the HR department from talent hiring and acquisition to tracking employee performance. Below mentioned are a few aspects of an organization that an HR-analytics tool can immensely help with.

1.    Corporate Goals: HR analytics solutions can be deployed to design job functions better so that companies can optimize talents and work environment, and micro level efforts by employees that can contribute to meeting the organizational goals.

2.    Talent Acquisition: HR analytics enables enterprises to enhance talent outcomes in a multitude of ways and assists in identifying the most effective job marketing strategies. It can also help in determining the recruitment agencies that deliver the most competent candidates and even the competing companies that one can hire from.  Recruiting the deserving candidates can assist companies in the long run and can further aid in maintaining a competitive edge as well as meeting the business goals.

3.    Employee Performance: Employee engagement programs should no longer be based on the trial and error approach or educated guesswork but through a measurable, result-driven process. With this approach, organizations will be able to identify skill gaps, personalize employee development and measure the effectiveness of specific workflow. Beyond that, analytical solutions can also figure out the underlying cause of the high turnover rate.

4.    Strategic Insights: Data is the king, and it’s everywhere. Digitization has made the process of data collection much more manageable. But possession of this enormous amount of data would do no good to the enterprises; therefore, organizations are expected to draw insights from the data available so that they can align their workforce with the company’s long and short term strategies.

In a nutshell, HR analytics will help organizations to perform better and yield higher ROI based on the empirical evidence, instead of relying on guesswork only.

Check This Out: Top HR Analytics Companies

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Time to Transform Your Workplace By Adopting Digitalization

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