(Editor’s Note: Are you looking for a full overview of this week’s events and resources? See “HR Data: What Really Counts? #TChat Recap.”)
(Also Note: Have you heard the news? Now there’s another reason to look forward to Wednesdays! STARTING THIS WEEK #TChat Radio moves to Wednesday nights at 6:30pmET — just prior to our popular #TChat Twitter event at 7pmET. So tune-in live, and then join us on stream!)
Better Data = Smarter Choices
Past performance can be a good indicator of future performance, right? Well, when it comes to HR decisions, not necessarily — according to a recent New York Times profile of workforce science practices.
Advances in data collection and analysis are shattering preconceived notions about how to find and manage talent. Increasingly, HR practitioners are looking to data for answers to important business questions. The possibilities span a broad spectrum:
- Talent Pool Viability
- Skills + Competency Analysis
- Hire Quality + Cultural Fit
- Employee + Contingent Engagement
- Hiring vs. Workforce Development
- Workforce Growth Rates + Costs
- Talent Retention + Turnover
- Overall Business Impact
So how can you effectively apply data to HR practices? That’s a question we’ll discuss at #TChat forums with two HR data experts:
- Christene Pantalone, Manager of HR Analytics at Highmark; and
- Andrew Courtois, Workforce Analytics Consultant at Peoplefluent.
#TChat Sneak Peek Video
To kick-off this week’s conversation, Christene joined me for a quick G+ Hangout, where she helped clarify the meaning of “Big Data” and its relationship to HR management:
#TChat Events: The Big Deal with HR Data
What do you think about workforce data and its role in business management? Whether you’re an organizational leader, an HR practitioner, or a job-seeker who wonders how data analysis will influence your career, data is increasingly relevant to professional life. So bring your point of view, and join us to share your questions, ideas and opinions to the table this week!
#TChat Radio — Wed, June 26 at 6:30pmET / 3:30pmPT
#TChat Twitter — Wed, June 26 at 7pmET / 4pmPT
We welcome anyone with a Twitter handle to join our open, online community, as we exchange ideas live on the #TChat stream to explore this week’s questions:
Q1: Why is Big Data a bit of a misnomer when it comes to HR analytics?
Q2: What’s the difference between data, metrics and analytics?
Q3: What metrics and analytics should HR focus on, and why?
Q4: What can HR leaders do to make a business case for predictive analytics?
Q5: Why should we stop using spreadsheets to analyze talent management data?
We’ll see you on the stream!