Enhancing Workforce Management With Data Analytics
Authored by Gillian Florentine, Brad Sheasley
Originally published by HR.com
Data analytics is a powerful tool in human resources decision-making, however, leveraging the appropriate metrics can often be overlooked until a problem arises that necessitates its application.
Some human resources (HR) practitioners may not even know where to begin with using data analytics or how they can apply analytics to workforce management. As such, the use of analytics is often reactive in nature, but an understanding of its power can help HR leaders become more proactive, specifically addressing issues before they arise and optimizing workforce planning and development.
The collection, transformation and organization of metrics through data analytics can be used to draw conclusions, make predictions and drive informed decision-making. Small businesses, large corporations, not-for-profit organizations and public sector entities alike can leverage data analytics to optimize their performance and efficiency, maximize profit and make more strategically-guided decisions. HR is one of the functional areas that can benefit the most from the strategic use of analytics.
Learn more about Baker Tilly’s accounting, tax and human resources solutions
