Monday, August 27, 2007

Driving Talent Management Strategies through Workforce Data

An interesting paper by Deloitte provides insight on driving talent management strategies in a company through the creation of valuable and aligned workforce analytics. The article provides a number of case studies of companies from different industries and with diverse talent management challenges.

Workforce Analytics: Driving Talent Management Strategies through Workforce Data
http://www.deloitte.com/dtt/cda/doc/content/us_consulting_hc_wrkforceanalytics_ihrimmag_060407.pdf

Excerpt:
"With the increased concern regarding talent management issues, many companies are leveraging workforce data to assess current workforce risks, analyze workforce trends, and plan for future talent requirements that can impact workforce planning strategies. In addition, we believe that workforce analytics can allow a company to deliver higher quality talent more efficiently than its competition. Utilization of tools and techniques, such as predictive modeling, HR metrics, and capturing historical trends, are helping companies drive business decisions by utilizing workforce data."

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