Articles tagged 'workplace data'

HR Management

HR as a Data Leader: How It Can Help Solidify Your Strategic Role

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Readers of my blogs and articles know that my focus has often been on explaining Big Data.

This Big Data phenomenon is quickly spreading throughout the business world. Those that understand it well will be able to garner new insights that will give them a competitive advantage in their business activities. This is why I’ve focused on demystifying it and talking about how HR can start adopting this new technology to drive business results.

For this post, though, I want to change focus a bit. Instead, I want to focus on a related and equally important idea about utilizing Big Data – developing and growing your role as a “Data Leader.” Read more…

Culture

Taking Your Pulse: You Need Data to Test How Company Culture Is Doing

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How’s your company culture doing?

Is it a powerful, positive impact for employees every day, reinforcing your core values in how the work gets done so everyone knows how they’re contributing to achieving your vision and mission?

In other words, do employees see and understand the meaningfulness of their work? Or is your culture more detrimental, a bit of a bully environment where people are brow-beaten into submission and work to the rule? Or is it somewhere in between? Read more…

HR Management, HR News & Trends

How Google Is Using People Analytics to Completely Reinvent HR

From the HR blog at TLNT.

First of two parts

If you haven’t seen it in the news, after its stock price broke the $800 barrier last month, Google moved into the No. 3 position among the most valuable firms in the world.

Google is clearly the youngest firm among the leaders; it has surprisingly been less than a decade since Google’s IPO.

Most companies on the top 20 market cap list could be accurately described as “old school,” because most can attribute their success to being nearly half a century old, having a long established product brand, or through great acquisitions. Google’s market success can instead be attributed to what can only be labeled as extraordinary people management practices that result from its use of “people analytics.” Read more…

HR News & Trends

Getting a Grip on Big Data: You Ignore It at Your Own Peril

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We’re operating in an environment where the pace and velocity of change is making it almost impossible to use the past to predict the future, and the sheer volume of data we encounter on a daily basis is daunting.

Every year, the amount of information online doubles. By 2020, some 50 billion devices will be emitting data non-stop. More shockingly, companies with 1,000 plus employees now store more information than the Library of Congress.

This data deluge feels like an old science experiment. Scientists found that when a frog was placed in a pot of boiling water it quickly jumped out. However, when the frog was placed in a pot of cool water that was slowly heated, the frog remained in the pot and ultimately boiled to death. Read more…

HR Management, HR News & Trends

Big Data: It’s Just Useless Information Unless You Put it to Work

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“Big data” is the latest buzz word entering HR lexicon.

I’ve used it myself to explain how the “big data” now possible through strategic, social recognition can be used to better inform talent and performance management and help in proactive management of your company culture. (See my article in Talent Management magazine for more.)

But “big data” will remain nothing more than a buzz word until we fully understand what the data enables us to do. I’m excited about David Brooks’ promised analysis of the “data revolution” throughout 2013. As he explained recently in The New York Times: Read more…

HR Management, HR News & Trends

HR and Big Data: It’s a Union With Limitless Possibilities

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In many ways, “Big Data” and HR are a natural fit.

Human Resources already “owns” much of an enterprise’s most valuable internal data — its human capital information. HR departments have long invested in software and systems devoted entirely to capturing, reporting and securely storing its people data.

HR also spent the better part of the past decade investing in solutions to manage human capital more effectively. According to Gartner, global spending on talent management software rose to $3.8 billion in 2011, a 15 percent increase over 2010. Read more…

HR Management

Guided by Data: 4 Big Talent Management Lessons From the Election

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Whether you follow politics or not, there are many important lessons that leaders in talent management and HR can learn from the recent presidential election.

Before you dismiss the relevance of this learning opportunity out of hand, spend a few minutes to consider the following lessons from the election that may be valuable to leaders in HR and talent management.

I have categorized the lessons that talent management can learn from the election into four major categories. They include: Read more…

Rewards & Recognition, Talent Management

Utilizing Big Data: Do You Apply it to Your Human Capital Investment?

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Big data is coming into its own. The Harvard Business Review blog published this excerpt of an article on “Big Data’s Management Revolution” saying, in part:

Big data has the potential to revolutionize management. Simply put, because of big data, managers can measure, and hence know, radically more about their businesses, and directly translate that knowledge into improved decision making and performance. Of course, companies such as Google and Amazon are already doing this. After all, we expect companies that were born digital to accomplish things that business executives could only dream of a generation ago. But in fact the use of big data has the potential to transform traditional businesses as well.”

While big data is indisputably valuable to leadership and organization decision making, there are three obvious challenges. Read more…