Articles tagged 'big data'

HR Insights, HR News & Trends

2015 HR Trends: More Tech Adoption and a Greater Focus on Talent

© Grasko - Fotolia

Global economic growth and the resounding need to engage employees in all parts of the globe dominated HR headlines in 2014. But as one year closes and another one moves ahead, it’s time to once again predict what is in store for 2015.

Here are three (3) distinct HR trends that we fully expect to headline conversations in the new year. You’ll see that the common thread in these trends is the emphasis on new technologies and innovations that will drive the HR industry forward.

From benefits technology to leveraging big data to better understanding your employees, 2015 will bring with it sophisticated new technologies and methods for HR, which, if approached correctly, will be a win for all parties. Read more…

HR Insights, HR Management

Here’s What’s Really Happening With Adopting and Utilizing Big Data

© Albund | Dreamstime.com

For at least the past three years, there has been no shortage of articles written about the urgency of businesses and HR adopting a data mindset.

Business analysts and experts on this subject have tried everything from threatening the existence of data-ignorant companies to making innumerable cases for why it should be a part of your company fabric.

Admittedly, data is important. We cannot just go about our days wishfully doing business without the context behind what is really driving and affecting our operations. Read more…

Best of TLNT

Is HR Ready For the Coming Boom in Metrics and Analytics?

the-economist-on-big-data

Editor’s Note: It’s a TLNT annual tradition to count down the most popular posts of the year. This is No. 41. Our regular content will return on Jan. 5, 2015. Joyeux Noël

HR leaders beware! There’s a new M&A in town … and it’s coming your way.

M&A is the hot acronym on the street, but it doesn’t mean what you think it does – not anymore.

Move over Mergers and Acquisitions. Meet your new friend – Metrics and Analytics. Read more…

Best of TLNT

The New HR: It’s High Time to Truly Get Involved With Big Data

© kikkerdirk - Fotolia.com

Editor’s Note: It’s a TLNT annual tradition to count down the most popular posts of the year. This is No. 44. Our regular content will return on Jan. 5, 2015. Merry Christmas! 

Second of two parts

No discussion of “the new HR” can get very far without running into the business buzzword of the last year: Big Data.

The ability of technology to bring together huge volumes of information from a variety of sources means we can now tackle problems and provide forecasts that would have been too labor intensive to produce just a few years ago. When it comes to Human Resources, that means better workforce planning, better talent management and quicker ability to adapt to changing markets.

So, is your HR team ready? Read more…

HR Management

HR May Not Be Ready For Big Data (Yet), But Here’s How to Gain Ground

love-big-data-300x300

Nearing the end of 2014 and heading into 2015, we’re now firmly entrenched in an era in which widespread technology and the availability of data are changing just about everything in business.

Now that professionals of all kinds can so easily access relevant information about their trade with just the click of a mouse, this capability is making a profound difference with everyone.

While most HR professionals still don’t quite understand Big Data, advanced analytics are clearly making their mark in human capital management. Read more…

HR News & Trends, Recruiting and Staffing

The Top Screening and Employment Issues We Faced in 2014

123RF Stock Photo

I almost can’t believe it myself, but it’s already December. And this point in the year means it’s almost time to close the books on 2014.

As the year comes to an end, I’ve spent some time looking back at the legal trends in hiring and employment screening throughout 2014.

Here is a list of the Top 5 background screening and employment issues from 2014 that are worth reflecting on as we get ready to raise a glass to ring in the New Year. Read more…

Classic TLNT

To Be Honest, Here’s Why I Really Hate Analytics and Big Data

Illustration by istockphoto.com

Editor’s Note: Readers frequently ask about past TLNT articles. That’s why we republish a Classic TLNT post every Friday.

Don’t kid yourself – you hate analytics.

It wouldn’t be politically correct to say that you hate analytics, so you won’t. That’s why I’m here.

You hate analytics because using them in your organization increases accountability. Read more…

HR Technology

How Big Data Can Help Transform the Business Value of HR

Illustration by istockphoto.com

Scattered about the Internet is a treasure trove of data, and more and more, it’s being used to manage people.

Big data might be unstructured and unwieldy to many, and there are reasons for that perception.

It’s collected from a variety of public and private sources — as well as internal and external means — so it takes focus and dedication to curate and manage it. But effectively analyzing this data can provide you with the tools for success.

Perhaps one of the better-known examples of this practice can be found in the Oakland Athletics baseball team. General Manager Billy Beane hired “quants” to analyze the performance of potential recruits. The data was so powerful that it turned the team into a winner, as described in the book and movie Moneyball, but this method certainly isn’t limited to the baseball field. Read more…

HR Management

Is HR Ready For the Coming Boom in Metrics and Analytics?

the-economist-on-big-data

HR leaders beware! There’s a new M&A in town … and it’s coming your way.

M&A is the hot acronym on the street, but it doesn’t mean what you think it does – not anymore.

Move over Mergers and Acquisitions. Meet your new friend – Metrics and Analytics.

Just like the hottest fashion, the latest technology or the coolest song, Metrics and Analytics has risen to the top of the charts and is the hottest topic of the day. However, the question is this: Is HR adequately prepared for the Metrics and Analytics wave? Read more…

HR Management

Why HR Needs to Get Serious and Adapt Workplace Analytics

Analytics

First of two parts

When you survey the most frequent users of analytics and metrics in the corporate world, not surprisingly, you find that HR ranks at the very bottom.

Compared to finance, which is ranked No. 1, human resources compares poorly with only half of its functions being classified as advanced users and three times more HR functions are classified as non-users.

HR shouldn’t be surprised to learn that the executive team came in No. 2 because they (along with finance) are at the forefront of demanding more metrics and analytics from HR. The remaining business functions, operations, R&D, marketing, and sales all had a higher percentage of advanced metrics users than HR in this excellent 2013 AMA/i4cp study. Read more…