​What big data can reveal about your staff

Businesses and large corporations struggle to digest dense data.

Picture: KamiPhuc, Flickr.

Picture: KamiPhuc, Flickr.

Businesses and large corporations struggle to digest dense data. An overload of data can be intimidating, and problems arise from the time taken to process the information, as well as a lack of internal skills and tools to interpret it. In cases where there is no effective way of dealing with this data, valuable information can clog the network, and insights into your business performance can go undiscovered.

Despite more than 50 per cent of organisations adopting big data solutions, about 40 per cent are not even considering it. This hesitancy in adopting big data solutions means that less Australian organisations are taking advantage of advanced analytics. Yet, big data has the potential to reveal vital information about your company’s external interests - and more importantly, the internal struggles your business may be facing. For HR teams, people analytics solutions can be easily implemented to address and improve recruitment and talent management strategies.

Improving business performance

Insights derived from big data can be key to reaching business outcomes in the most effective way possible. Analytics tools offer great potential, as more complex business outcomes and objectives require sophisticated data interpretation. People analytics can decipher this information, and provide solutions for critical areas of growth in your business’ most important resource of all - people.

Analytics tools are able to assist this process by identifying patterns in data, predicting insights and anticipating future needs, thus driving success and enabling an organisation to reach their business and HR goals.

Workforce Planning

Workforce planning is key to improving business performance, and can be optimised with data analytics. Workforce planning is understanding what the people requirements of an organisation are and how your most important asset, your staff, can best support the business today and in the future.

Executive dashboards can greatly assist your organisation by enhancing your ability to collect and analyse data. This will allow your organisation to recognise current trends and predict future workforce needs within your company. These insights can then direct sustainable business decisions for optimal results at minimal cost. It’s always better to proactively plan, than to make knee-jerk reactions.

For example, using an executive dashboard and investing in an innovative HR strategy can help identify talent shortfalls and speed up the process of identifying sources of new talent for your organisation. It can also help improve budgeting by gaining insights into your workforce accounts and spending across your entire organisation. Finally, it can enhance strategic planning, as you will have more information at your disposal than ever before.

Looking to the future: succession planning

The interpretation of big data that people analytics provides allows for more accurate planning within organisations, for issues facing the business now and in the future. Data analysis can draw invaluable intel and reveal areas that may need attention in the future, such as succession planning.

Particularly with an aging population, businesses must prepare for a smooth transition when changes in leadership occur. An effective business succession plan can provide security for the company, and generate increased owner, employee and customer-confidence.

By leveraging the knowledge people analytics derives from big data, more accurate organisational forecasts can be developed and used for future planning.

With big data, people analytics can expose human resource pain points, and provide solutions that drive sustainable success for businesses. By fully optimising people analytics as a strategic resource, HR teams can tame big data, and harness its power to inform their talent strategy.

Karen Evans is Managing Director, APAC, Acendre

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags businessbig data

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Karen Evans

PC World
Show Comments

Father’s Day Gift Guide

Most Popular Reviews

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?