Ensure Greater Success of Your HCM Initiatives by Applying Business Analytics and Risk Management
Business intelligence. Quantitative analysis. Data. Statistics. Predictive modeling. All are synonymous with business analytics. How do you use them, understand their differences, and choose the tool that best supports a particular initiative? Do you completely disregard the psychological side of workforce management in favor or data driven management? Learn how to apply analytics to workforce and human capital projects to improve support by the C-suite. [watch the recording]
During this Lunch Break, Kristie Evans answers the question – what’s the point? Why use analytics in human capital management? There was an interesting article on Forbes.com written by Shomit Ghose titled Big Data: The Only Business Model That Tech Has Left. In the article, Mr. Ghose compared computing to physics and the second law of thermodynamics that states all systems seek to evolve so as to either minimize their energy or maximize their disorder. In his article, Mr. Ghose theorizes that computing has been evolving toward maximum disorder since the introduction of the first computer in 1951. Now computing is so inexpensive that we can virtually access it anywhere. And so it is with software as well. Now data bits come in billions of minute pieces – consider Google ads and Facebook – all making billions at $1-$2 per user. There is no longer an obstacle to “Big Data” – the hardware can handle it and make it accessible. So now we have access to all of this information – all this DATA!
So just because we have access to all this data – what does it mean and what do we do with it?
Watch the webinar as Kristie digs into the answers to these burning questions. What does HR do with all the data we have and how does it translate to Business Intelligence and Value!
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Our next HRL Lunch Break is Thursday, March 22, 2012 – same time – 1:15 – 1:45 ET and our topic is “Project Management Projects – Project Close-Out” .
To check out and register for upcoming events, check out our Calendar