Do HR Analytics Matter?

Workforce metrics and analytics have been a buzz topic within the HR profession for the past 5+ years.  Those companies who have recognized the importance have invested in analytics systems and people to run those systems (fewer have invested in the people to actually perform the analytics, but that’s another blog for another day).  Dashboards have been created, reports rolled out, and presentations delivered on the state of human capital.  The frequency of these publications varies from annually to quarterly to monthly.

And while some have succeeded in developing a data-driven approach to workforce management (Infohrm has excellent case studies on these organizations in our Research and Information Center), the majority of companies still struggle.  (Perhaps I should dive into the topic of investing in the people to perform analytics now after all…)

This might lead one to ask, “Is it worth it?  Do HR analytics really matter, or are we adding to piles of information without creating any real insight or value?”  Many studies have been conducted and published that deliver a resounding yes, and this week the Aberdeen Group added to that collection with the research report, “Intelligent Human Capital Management: Workforce Analytics Drives Profit and Performance.”

Click here to read the full article!