The modern organization today finds itself in the need to understand its external environment better. With market forces, consumer preferences and talent preferences becoming a vital aspect of how organizations need to change and evolve their business strategies, being able to accurately make sense of data collected, can prove to be a game changer. This trend within businesses has pushed for the adoption of analytics across various business processes, key among which today is within the field of talent management.
HR professionals today are responsible for being the architects of a talent analytics framework which helps the organization in identifying, managing, developing and retaining talent in a holistic manner. In the video we have Manoj Kumar of HSBC who shares his ideas on the dos and don'ts of HR Analytics, the critical elements necessary for setting up the HR analytics function within the organization, and how vital is it to the success of the organization.