On April 16 2014 Josh Bersin did a web cast on the datafication of HR. During the 55 min web cast he covered a variety of topics relating to the datafication of HR.

Some of his observations and findings are:

That companies that regularly use data in HR decisions are

  • 2X as likely to believe that they are excellent in selecting the right candidate
  • 2X as likely to believe that they deliver a strong leadership pipeline
  • 3X as likely to believe that they are efficiently operating HR
  • and generate 30% better returns that the S&P 500 over the last 3 years

That there is a long way to go:

  1. 56 % of companies are still doing reactive reporting
  2. 30 % of companies are doing some for of advanced reporting
  3. 10% of companies are involved in advanced analytics
  4. 4% of companies are doing predictive analytics

He also suggests that these numbers might be high as he tends to investigate fairly sophisticated and advanced companies

A rough index of topics follows:

  • 00:00    Introduction
  • 00:50    Introduction to Datafication
  • 01;55    Complexity of Human Resources
  • 03:00    What does HR leadership struggle with, strategically, tactically?
  • 04:00    Using Data in HR decisions
  • 05:45    History of data science in HR
  • 12:00    Datafication of HR is Inevitable – HR is on of the last places to adopt the use of data
  • 14:00    Bringing HR and the business together – typing HR analytics to business problems and activities
  • 32:00    Effort vs. Value – invest effort, be patient
  • 35:50    The ugly part of analytics – Data Management – Investment required
  • 36:10     Drive to World Class Analytics – Data Quality, Dash Boards & the ease of reporting, creation of a multidisciplinary team, creating data culture (using data to solve problems), the need for IT support

He concludes that a major transformation in HR is underway. This transformation will not happen in each company overnight. A  1- 3 year plan should be put in place, and that you should focus on solving business problems, not just HR analytics.

There are quite a few good ideas in this presentation. I feel that is well worth the 55 min. of your time.

Access the recording here

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