We are in the midst of an analytic revolution, and “Big Data” has become the de facto term used to describe this sea change.
According to a study by management consulting firm McKinsey & Company Big Data will affect companies and global economies to such a degree that it “…will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus.” What is the impact of Big Data on HR organizations? Is this a new fad, or a profound change?
To answer these questions, we need to first answer: What is Big Data & Why Big Data?
The power for HR leaders in Big Data is that it allows for greater speed of implementation, flexibility in a changing business environment, and the ability to answer questions that previously couldn’t be solved.
If the questions we ask, and the answers we determine lead to new ways to recruit, attract and retain the best and brightest, or find ways to improve engagement and productivity, then Big Data has the opportunity to revolutionize HR.
Download this new article written by Dave Weisbeck, Chief Strategy Offer for Visier,
which focuses on Big Data for HR and harnessing its power with Workforce Analytics.
Harnessing the Power of Big Data with Workforce Analytics