How your CHRO can use data to help grow your talent pool
ORGANIZATIONS are constantly demanding more from their human resources (HR) teams these days — given the need to staff tech projects in tech and non-tech functions.
In order for HR professionals to grow their capacity to support the organization’s needs, they need to use technology. Data, most importantly, is what will help them transform how they respond to change in the digital landscape.
The Chief HR Officer (CHRO), leading the HR function in an organization is responsible for a lot in this era, including helping the business scale quickly and effectively.
For the CHRO to be a key driving component in the business, he or she will have to be more data-driven.
HR analytics can be used to drive the business when used correctly
With a specific purpose, data trends can be identified and used to grow the talent pool that the business needs.
Consequently, with the right talents, a business’ growth will be more consistent.
For instance, if a company wants to expand its sales team, it cannot be taking up everyone with a background in sales.
Instead, what it can do with big data is establish the common trend among its top salespersons and scout for those qualities amongst new candidates.
Often, it isn’t about the qualifications one has on papers that determines their worth. It is their qualities and their aptitude at work that makes a difference when it comes to performance.
This insight will be handy when the CHRO has dozens of candidates on hand who are equally qualified.
Instead of looking at incoming resumes from a singular point of view, hiring managers can now assess talents according to business needs.
Not only will hires be able to do that job but also potentially work better with the team.
This is to say algorithms in big data can nitpick the candidates that businesses need today as well as tomorrow. These metrics can provide business-critical insights and will have a major impact on the organization’s performance.
In the end, a business is nothing without its people. This is why aligning talents to the business is critical and they must do it with the help of technology.
- Smart city planners must prioritize the security of autonomous vehicles
- Looking to upgrade your AI platform? Here’s how you can go about it
- What does VidCon expect to achieve at its debut event in Singapore?
- Cultivating and investing in innovative ideas are key to Nissan’s success
- 2020 will see more business leaders investing in private 5G networks