by Angela Guess
A new article reports, “Talent analytics is a concept that argues that companies should be adopting sophisticated methods of analyzing employee data to enhance their competitive advantage. That is, talent analytics is about examining and optimizing human talent to better map workforce capabilities with organizational objectives.”
It continues, “Talent analytics advocates contend that organizations dealing with workforce- and organization-related challenges need an accurate assessment of the way things really are and evidence as to why problems exist. They argue that data should be collected to evaluate things such as whether work is properly aligned with corporate strategy, to assess how human capital is allocated, to assess skills inventory with performance objectives, to help companies make better predictions of performance, to learn about and share effective management approaches, and to gain a deeper understanding of the organization’s ability to attract the talent it needs to support business strategy.”
The article adds, “Talent analytics is not about traditional workforce measures such as headcount, turnover, and cost-based metrics. It is about workforce planning and talent acquisition, capability development and performance, and cultivating human potential and leadership development.”
photo credit: Jeffrey – D5000
