I’ve heard it, and you’ve heard it: What is your management style? Micro-management or macro-management? It seems as if we’re talking about the ancient war between good and evil at times. Fear not. Recent shifts in human resource analytics have revealed that the big picture might be the way to go.
Google’s data analytics changed the way everyone operated in the digital world. In fact, it revolutionized all facets of any business worth its weight. Well, hiring managers and recruiters now have access to similar analytics to provide feedback on how to navigate the employer-employee waters. The new data measurements let you discover what works for employees and what doesn’t, which gives you the ability to increase productivity and reduce overhead.
That’s what every employer dreams of, right? It also gives you the ability to be proactive with personnel instead of reactive—which is vital with any company. By correctly using the information gleaned from data analytics, you can keep your workforce motivated and reduce losses. This big-picture approach will keep you from some of the everyday headaches that come with running a business. Companies like Google and Wal-Mart, with their enormous head count, are using the analytics to learn as much about their employees as they are about the products they sell. In doing so, they can be forward-looking.
Ultimately HR data analytics serve companies this way: They can cause trends, not react to predictions about them.
If you’re interested, read more about employer tactics.
Published by Conselium Executive Search, the global leader in compliance search.
